Polyamide 11 and Polyamide 12 in the 3D Printing Market is Projected to Reach $48.6 Million by 2020 – Research and Markets
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/bjfbqd/polyamide_11_and) has announced the addition of the “Polyamide 11 & 12 Market in 3D Printing – Global Forecast to 2020” report to their offering.
The PA11 and PA12 market in 3D printing is forecasted based on two scenarios as its growth is primarily based on the adoption of 3D printing technology by end-use industries. Scenario one represents comparatively normal growth whereas scenario two projects exponential growth.
The PA11 and PA12 market in 3D printing is projected to reach $48.6 million by 2020, at a CAGR of 26.59% from 2015 to 2020, by scenario one with a comparatively normal growth. By scenario two, the market is expected to reach $85.1 million by 2020 at an exponential CAGR of 41.2%. Factors driving the growth in scenario two include rate of adoption in automotive industry. PA 11 and PA12 are particularly used for laser sintering technology in 3D printing.
The increasing usage of 3D printing in healthcare and aerospace & defense sectors for highly customized parts is one of the key factors driving the growth of PA 11 and PA12 market in 3D printing.
Availability is another factor that has a positive impact on increased applications for PA12 as several players have well-established supply base across the globe. The healthcare and aerospace & defense segments are projected to be the largest segments of the market by 2020.
The PA11 and PA12 market in 3D printing in North America is expected to register high growth owing to large number of end-use industries adopting 3D printing technology in the U.S., Canada, and Mexico. North America and Europe are having high market share and are expected to dominate the market till 2020 due to established distribution systems and high adoption rate of 3D printing by end-use industries in the region.
- 3D Systems
- Arkema S.A.
- CRP Group
- EOS GmbH
- Evonik Industries AG
- Golden Plastics
- Stratasys, Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Polyamide 11 & 12 Market in 3D Printing, By End User Industry
7 Polyamide 11 & 12 Market in 3D Printing, By Geography
8 Competitive Landscape
9 Company Profiles
For more information visit http://www.researchandmarkets.com/research/bjfbqd/polyamide_11_and
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