3D printing powder market is expected to grow at a CAGR of 24.4% from 2015 to 2020

The 3D printing powder market, along with their end products, has witnessed a significant growth in the past few years. The increased number of technological developments is expected to fuel the growth of this market.

Important patents for powder-based laser sintering technology, which is one of the cheapest technologies that uses metal powders to produce durable products, have expired in 2014. This will significantly contribute to the growth of 3D printing powder in the coming years.

The global market is estimated at USD 213.3 Million in 2015, and is expected to grow at a CAGR of 24.4% from 2015 to 2020.Read more

Source: marketsandmarkets.com; image: 3dprint.com