Meticulous Research® – leading global market
research company published a research report titled “3D
Printing Materials Market by Type (Polymer, Metal, Ceramic & Composite) and
Application (Automotive, Consumer Product/Electronics, Aerospace and Defense,
Industrial, Healthcare)– Global Forecast to 2025”.
According to this latest publication
from Meticulous Research®, the global 3D printing materials market is expected to grow at a CAGR of 20.7% from 2019 to 2025 to reach $4.03
billion by 2025.The global 3D
printing material market is majorly driven by the factors such as high demand
for 3D printed body and spare parts from automotive and aerospace & defense
industries, growing demand for 3D printed prosthetic and dental implants,
rising investments from private and government organizations in 3D printing
projects, and growing demand for 3D printed consumer products and electronics
components. However, high cost of 3D printing materials may obstruct the growth
of this market to some extent.
The 3D printing technology has been evolving faster than
any other manufacturing technologies as it can influence manufacturing
processes and help businesses perform to a higher level. The 3D printing
manufacturing line is easier to alter than the production line for traditional
manufacturing which makes it preferable for the bulk equipment manufacturing.
Due to this advantage, industries such as aerospace, construction, and
automotive have started adopting this technology aggressively. Moreover,
medical and electronic products manufacturers are some of the earliest 3D
printing adopters, owing to its advantages such as faster time-to-market,
design flexibility, and capabilities of manufacturing customized products. As a
result, in the last few years, huge market growth support for 3D printing
materials was observed from healthcare and other consumer product industries..
The global 3D printing materials
market study presents historical market data in terms of value (2017 and 2018),
estimated current data (2019), and forecasts for 2025. The overall market is
segmented by type (polymer, metal, ceramics & composites), form (liquid,
powder, filament), application (aerospace & defense, consumer
products/electronics, healthcare, industrial, automotive parts, and other
applications), geography.
Based on type, the ceramics and composite segment
is expected to witness a rapid growth during the forecast period, owing to its
physical and mechanical properties. The 3D printing in both ceramics and
composite is becoming increasingly popular from creating titanium matrix
composites to 3D printed robots and even glass ceramics. Some popular technical
ceramics are aluminum nitride, zirconia, silicon nitride, silicon carbide, and
alumina.
Based on form, the filament form commanded the
largest share of the overall 3D printing materials market in 2019. However,
powder form is expected to witness a rapid growth during the forecast period.
The growth of this market is mainly attributed to the growing collaborations
amongst various organizations to promote the use of metal powder-based 3D
printing and rising adoption of 3D printing material powders in aerospace
industry to reduce aircraft weight and increase the fuel efficiency.
Based on application, the consumer
products/electronics segment commanded the largest share of the overall 3D
printing materials market in 2019. However, the healthcare segment is expected
to witness faster growth during the forecast period. The growth of this segment
is attributed to the increasing demand for 3D printed prosthetic implants due
to advantages of 3D printing in prosthetics such as customization of the
prosthetic wearer, reduced time, and lower cost. The surge in the number of
trauma and accident cases is fueling the demand for standard as well as
complicated customized prosthetic limbs and medical implants. Moreover, 3D
printing technologies are also increasingly being used to develop
patient-specific models of organs and surgical tools, using patient’s own
medical imaging.
Scope of the Report:
3D Printing Materials
Market, by Type
- Polymer
- Acrylic
styrene
- Polyamide
- Nylon
- Polycarbonates
(PC)
- Thermoplastic
Elastomers (TPE)
- Polypropylene
(PP)
- Others
- Metals
- Aluminium
- Cobalt
Chrome (CoCr)
- Copper
- Nickel
- Steel
- Titanium
- Others
- Ceramics
& Composites
3D Printing Materials
Market, by Form
- Filament
- Liquid
- Powder
3D Printing
Materials Market, by Application
- Consumer
Products
- Electronic
Appliances
- Jewelry,
Artistic, and Other Products
- Automotive
Parts
- Healthcare
- Industrial
Application
- Goods
& Materials
- Equipment
& Machines
- Aerospace
& Defense
- Prototype
Weapon
- Body
& Spare Parts
- Other
Applications
Enquiry before purchasing this report @ https://www.meticulousresearch.com/enquire-before-buying/cp_id=5083
3D Printing
Materials Market, by Geography
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Italy
- France
- Russia
- Spain
- Rest
of Europe (RoE)
- Asia-Pacific
(APAC)
- China
- Japan
- South
Korea
- India
- Rest
of Asia-Pacific (RoAPAC)
- Rest
of World
- Latin
America
- Middle
East and Africa….. Continued
Key Players
Some of the key
players operating in the global 3D printing materials market are Stratasys,
Ltd. (Israel), Proto Labs, Inc. (U.S), 3D Systems, Inc. (U.S), Materialise NV
(Belgium), The ExOne Company (U.S), The Hewlett Packard Company (U.S),
EnvisionTEC Inc., (U.S), Evonik Industries AG (Germany), EOS GmbH (Germany),
Zortrax (Poland), Markforged Inc., (U.S), Sculpteo- a BASF Company (France),
Tethon 3D (U.S), and Arkema S.A. (France) among others.
Key questions
answered in the report-
- Which
are the high growth market segments in terms of type, form, application,
and countries?
- What
is the historical market for 3D printing materials across the globe?
- What
are the market forecasts and estimates from the period 2019-2025?
- What
are the major drivers, restraints, and opportunities in the overall 3D
printing materials market?
- Who
are the major players in the overall 3D printing materials market and what
share of the market do they hold?
- Which
are the major players in various countries and what share of the market do
they hold?
- How
is the competitive landscape?
- What
are the recent developments in the overall 3D printing materials market?
- What
are the different strategies adopted by the major players in the overall
3D printing materials market?
- What
are the geographic trends and high growth countries?
Download Sample Copy of Report, published in April 2020, with key
industry insights spread across 202 pages, with 199 market data tables, 28 fig,
including all graphs and charts @: https://www.meticulousresearch.com/download-sample-report/cp_id=5083
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