3D PA (Polyamide) Market worth 48.6 Million USD by 2020

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3D PA (Polyamide) Market
The report "Polyamide 11 12 Market in 3D
Printing by Polyamide Type (PA 11, PA 12), End
User Industry (Aerospace Defense, Healthcare,
Consumer Goods, Automotive) and Geography (North
America, Europe, Asia-Pacific, Rest of World) -
Global Forecast to 2020", The 3D PA (polyamide)
market consisting of PA11 and PA12 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 predicts a
comparatively normal growth of USD 48.6 Million
by 2020, at a CAGR of 26.59 from 2015 to 2020,
whereas scenario two predicts market to reach USD
85.1 Million by 2020, at a CAGR of 41.2 from
2015 to 2020.
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Introduction
This growth is majorly driven by the increasing
demand from healthcare as well as aerospace
defense sectors. The growth in automotive market
will define the high growth in scenario two where
3D printing technology is expected to be adopted
for mass customization in automotive sector.
Asia-Pacific is a growing market for PA11 and
PA12 owing to the presence of manufacturing base
of a large number of companies in this region.
North America and Europe are established markets
and are expected to dominate with major global
players operational in these regions.
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Key Participants
The key players operational in the market include
3D Systems (U.S.), EOS GmbH (Germany), Arkema SA
(France), Evonik AG (Germany), Stratasys (U.S.),
and others.
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On The Basis Of Region
North America market for 3D PA (polyamide) is
expected to register high growth due to increased
rate of adoption in end-use industry. Mexico is
an emerging market in the region are the key
countries in region. North America is also the
biggest market for PA11 and PA12 along with
Europe. Europe has large number of suppliers of
PA11 and PA12. Asia-Pacific is an emerging market
for the same.
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