Titanium powder demand is expected to compound at 70% annually
3D printing is an exciting new technology that is expected to grow at a compound annual rate of 70% during the next four years. PyroGenesis Canada Inc. (CVE:PYR) expects to capitalize on this growth through the recently-announced plans to spin-off of its 3D printing business. In an exclusive interview with SmallCapPower, its CEO, Peter Pascali, says that even if PyroGenesis were to double production every year over the next five years, it won’t even address 6% of the projected market demand for titanium (3D printing) powders. Discover more insight into the 3D printing process by watching our video.
Pyrogenesis Canada Inc Overview:
A TSX Venture 50® clean-tech company (TSXV:PYR), Pyrogenesis is the world leader in the design, development, manufacture and commercialization of advanced plasma processes. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries.
The company maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Their core competencies allow them to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2008 certified, and have been since 1997.
To view further details, please visit the Company’s website at http://www.pyrogenesis.com
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