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. 

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The PA11 and PA12 market in 3D printing is an emerging market with a significant number of global and regional players. This 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.

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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. 

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

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 represents comparatively normal growth whereas scenario two projects exponential growth. 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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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.

Healthcare and aerospace & defense segments to dominate 3D PA (polyamide) market

Healthcare and aerospace & defense are two highly critical segments which demand for stringent product dimensions along with their compositions. Hence, the manufacturing of products demands for precision work. 3D printing by laser sintering technology provides them a perfect solution in manufacturing standards. PA11 and PA12 accounted for the largest share of the thermoplastics used in 3D printing by laser sintering technology.

PA12 is expected to dominate 3D PA (polyamide) market due to large number of grades to meet the different requirements

PA12 is expected to dominate the market due to availability of large number of grades such as fire resistant, impact resistant, glass filled, and others. PA12 has a large supply base which makes it a suitable option to be used as a laser sintering powder in 3D printing. PA11 primarily developed by Arkema SA is expected to register the fastest growth with increasing demand for bio-based versions of polyamides.

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The rate of adoption in automotive industry in near future is expected to define 3D PA (polyamide) market

The automotive industry provides high prospects for the growth of 3D PA (polyamide) market. With mass production using techniques such as injection molding, automotive industry is a strategically big market for 3D printing. The demand for 3D printing is expected to rise when the impetus of automotive industry shifts from mass production to mass customization.

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North America market is expected to witness high growth, with increasing demand from end-use industries in the 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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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.

Key strategic activities in the market including mergers & acquisitions, collaborations and partnerships, and new product launches and developments have been covered, which provides a deep insight about the market growth. This report estimates the 3D PA (polyamide) market size in terms of value and volume. It provides a comprehensive review of important drivers, challenges, opportunities, and key issues in the market.