Showing posts with label PA11 and PA12 market. Show all posts
Showing posts with label PA11 and PA12 market. Show all posts

Wednesday, 17 July 2019

Polyamide 11 & 12- A high potential material for healthcare, aerospace & defence and others

 
The PA11 and PA12 market in 3D printing is forecasted based on two scenarios as its growth is primarily dependent 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 USD 48.6 million by 2020, at a CAGR of 26.59% from 2015 to 2020, by scenario one and USD 85.1 million by 2020, at a CAGR of 41.2% from 2015 to 2020, by scenario two. The growth of the market can be attributed to the increasing demand for 3D printing applications from the end-user market for customized products.
The key industries using PA11 and PA12 in 3D printing include healthcare, aerospace & defense, consumers, and others. Aerospace & defense industry demands precision for the design of customized parts to meet the requirements. Healthcare is another key sector where some grades of PA11 and PA12 have been used for medical applications such as prosthetics.
The recent developments by companies such as Airbus and NASA, where they have used 3D printing for manufacturing of specialized parts, signify the increasing importance of 3D printing technology. Automotive segment is a promising sector for PA11 and PA12 with increasing demand for customized vehicles. Several luxury car manufacturers in Europe and North America are using PA11 and PA12 for 3D printing for manufacturing customized parts. The growth of PA11 and PA12 in automotive sector is the key contributor for scenario two numbers. PA11 and PA12 also prove to be a perfect thermoplastic for laser sintering technology over others such as polylactic acid (PLA) and acrylonitrile butadiene styrene (ABS), which are yet to be developed as laser sintering materials.
The key grades of PA11 and PA12 that are used in laser sintering include glass filled, fire resistant, impact resistant, alumide, and many others. PA12 contributed the largest share to the PA11 and PA12 in 3D printing market owing to the presence of a large number of suppliers and an established distribution network with large number of grades available. PA11, which was developed by Arkema SA, is a bio–based polyamide and is emerging as 3D printing material. With increase in availability, PA11 is expected to register high growth between 2015 and 2020. PA12 is primarily petroleum–based; however, its bio-based version can be developed from palm oil. Key suppliers of bio-based and specialty grades of PA11 and PA12 as raw materials include Arkema SA, Evonik AG, Invista S.a.r.l, and others.
Germany, France, and Italy are the major PA 11 and PA12 markets in the European region for 3D printing, whereas the U.S. and Canada are the key countries in the North American PA11 and PA12 market. Asia-Pacific is the future potential market for PA11 and PA12 with several components manufacturers operational in the region. Furthermore, the presence of major emerging economies has made this region a favorable market for PA11 and PA12 in 3D printing. Companies such as EOS GmbH, Arkema SA, 3D systems, Stratasys, and Evonik AG have expanded in Asia-Pacific with a strategic vision to cater the end-user industries across the region. Other key players operational in Asia-Pacific include Golden Plastics and others.
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Wednesday, 8 May 2019

Latest Update on 3D PA (Polyamide) Market


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 represents comparatively normal growth whereas scenario two projects exponential growth. 




The PA11 and PA12 market in 3D printing is an emerging market with a significant number of global and regional playersThis market is dominated by a few players in North America and Europe region. PA12 has a large number of developed grades for 3D printing in comparison to PA11, which is an evolving market. EOS GmbH (Germany), Arkema SA (France), 3D Systems (U.S.), Stratasys (U.S.), and Evonik AG (Germany) are the major manufacturers of PA11 and PA12 grades. Arkema SA and Evonik AG has its own supply base whereas the other companies mentioned above modify the basic grades of PA 11 and PA 12. These players have been focusing on organic as well as inorganic growth with special focus on the Asia-Pacific market. Agreements, collaborations, expansions, investments, and new product launches are some of the key strategies adopted by market players to achieve growth in the 3D printing market. The expiry of major laser sintering patents in 2014 has helped many players to enter into 3D printing market

Substantial investments have been made in the past few years by key companies such as EOS GmbH (Germany), 3D systems (U.S.), Stratasys (U.S.), Arkema SA (France) and others in the form of new facilities, joint ventures, collaborations, and others. Arkema SA (France) has been instrumental in promoting PA11 for which it is a major supplier as an unfilled powder for 3D printing as well as to the intermediaries which modify the grades according to the end user requirements. EOS GmbH (Germany) has developed a large number of grades of PA11 and PA 12 to support its laser sintering systems business. Recently, the company launched PA1102, PA2241FR, PA1101, Prime part plus, and others to increase its product portfolio. 3D Systems (U.S.) recently launched ProX GF/AF/ EX and others. The company acquired CRDM Ltd., a U.K.-based firm in August 2013, which has materials, such as polyamide, polyurethane resins, stainless steel, cobalt chrome, and ABS. The acquisition helped 3D Systems to add the stated materials to its portfolio along with the market share of the company in Europe.


Arkema SA (France) and Evonik AG (Germany) have been the key suppliers of PA11 and PA12 bio-based and specialty polyamides. Arkema SA has made some key strategic partnerships with castor oil suppliers, such as Jayant Agro and others in the Asia-Pacific region. Evonik AG has been instrumental in the supply of PA12 directly as 3D printing unfilled powder or to the intermediaries, which is primarily used in 3D printing technology by laser sintering. Apart from these, many players from China has emerged in the scene to supply primarily unfilled grades of PA12.

Apart from new product launches and expansions, companies operating in this market have also been focusing on mergers & acquisitions which together accounted for around 30% of the total new developments in the polyamide market between 2012 and 2015. 


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