3D Printing Material Market 2019 | Potential Growth, Size & Share, Demand and Analysis of Key Players- Forecasts To 2022

Market Scenario:

Market Research Future (MRFR) anticipates that the Global 3D Printing Materials Market will surpass the value of USD 1,500 million at 19% CAGR during the forecasted period (2017-2022). The growing investment towards research and development, elevating adoption of 3D printing devices, development of low cost devices, and reducing price of materials bolster the demand for 3D Printing Materials.

Polymers and metals are popular 3D Printing Materials. Moreover, improvements in speed and quality of its applications in various fields such as medical, manufacturing, and others, also fuel the market growth immensely. Hence, growing demand from various end-users has positively shaped the market size. Also, the demand for 3D Printing Material is growing considerably due to rapid acceptance of 3D printing technology from prototyping, product designing, and concept modeling to final product manufacturing.

However, the materials used for 3D printing technology are relatively higher which undermine the 3D printing materials market growth. Despite the undermining factors, the market shows promise during the forecast period due to intense competition between 3D printer manufacturers leading to miniaturization, reduction in the cost of 3D printers, and also quality improvement.

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Also worth noting is a popular trend that involves extensive use of 3D printing technology in the food industry, for manufacturing and creating powdery materials and nozzles. It also helps in the customization of the food products with a delivery of potent mix of the right nutrients. Food materials like chocolate and other paste based forms are used marking an attractive trend of creating 3D printed food.

Market Segmentation:

The Global 3D Printing Material Market has been segmented on the basis of Material and Application.

The Materials Market is sub-segmented into metals, plastics, ceramics and others. Metals segment has a high market share owing to its high strength, thereby being massively used in a wide range of applications such as aerospace & defense, medical & dental, and automotive industries. These applications require strong materials like metal for the making of end-use parts by using 3D printing technology.

Based on Application, the market is segmented on the basis of automotive, healthcare, aerospace & defense, consumer goods and others. 3D Printing Technology is playing a significant role in the healthcare industry, in terms of its applications such as for dental surgery, replacing burnt skin, airway splints for babies with tracheobronchomalacia (TBM). Along with helping cure some chronic diseases, it also helps in the replacement of the damaged parts. Moreover, increased research and development activities open new avenues for market players in the healthcare industry in terms of product development.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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3D Printing Material Market 2019 - Size, Share, Trends, Growth and Forecast Analysis Report by Application and Region - Global Forecast 2022

3D Printing Material is used for manufacturing a 3-dimensional object wherein consecutive layers of a specific material are formed to create another object. Market Research Future (MRFR) has published a research report about the Global 3D Printing Material Market that anticipates massive raise at 19% CAGR (Compound Annual Growth Rate) for this market with a high rate during a forecast period that would end in 2022. Regarding value, the market is expected to be worth the US $ 1,500 mn by the end of the forecast period.

Evaluating the market structure, this report offers insights about factors affecting the market growth. Weighing the market size and foretelling the revenue, this reports covers and observes the competitive developments of market players that include joint ventures, mergers and acquisitions, new product developments, research and developments (R&D), and strategic alliances.

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The major market driver of the Global 3D Printing Material Market growth is accelerated adoption of the technology across a wide range of industries. Other important market driving factors include increasing demand for 3D painting material from end-user industries, adoption of various innovative technologies, and lastly, strategies implemented by the market operators such as product speed development, reduction in prices, etc. in order to traction in the market.

The Global 3D printing material market segmentation is based on Applications, Material, and lastly, Region. The application-based segmentation of this market covers automotive, aerospace & defense, consumer goods, healthcare, and others. Based on the material, the market has been segmented into ceramics, metals, plastics, and others.

The regional segmentation of the Global 3D Printing Material Market has segmented the global market into regional markets namely Asia Pacific, North America, Europe, the rest of the world (RoW). During the forecast period, Europe is expected to be the largest growing market in terms of market size due to the expansion and development of the industrial area of this region. The most powerful economies in this region are France, Germany, and the UK. Many key market players are based in Europe.

During the forecast period, the Asia Pacific region is expected to emerge as the fastest growing market. The consolidation of fast-developing economies such as India and China can encourage the revenue growth for market participants in the foreseeable future. Japan is another strong economy in this region.

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North America is not only an important regional market but also a key growth pocket in the global market. The factors favoring market proliferation in this region include booming end-user industries such as aerospace & defense, increased research & development (R&D) activities, massive investments, etc. Additionally, the presence of many key market players in this region is also boosting the market growth. USA and Canada are the strongest economies in this region.

Key Players:

The key players in the Global 3D Printing Material Market include 3D Systems Corporation (USA), Arcam AB Inc. (UK), Arkema S.A. Inc. (India), EOS GmbH (Germany), ExOne GmbH Inc. (Germany), Höganäs AB (Sweden), Royal DSM N.V. (Netherlands), Sandvik AB (Sweden), Solvay S.A. (Belgium), and Stratasys Ltd. Inc. (USA).

Latest Industry News:

Evonik has acquired technology startup for Austin-based 3D printing materials Structured Polymers Inc. 21 JAN 2019

A team comprising of researchers from the and Imperial College London (ICL) and University of Sheffield have developed ‘meta-crystals’ that incorporate novel lattice compositions, mimicking the structure of a single crystal. This meta-crystal is a material in which the composition is continuous and unbroken, with no grain boundaries. The team explored crystallographic microstructures in metallic alloys. 21 JAN 2019

Along with his team, Xiaoyu 'Rayne' Zheng, assistant professor of mechanical engineering in the College of Engineering, and a member of the Macromolecules Innovation Institute has developed methods to 3D print piezoelectric materials that can be custom-designed to convert movement, impact, and stress from any directions to electrical energy. 21 JAN 2019

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

3D Printing Material Market | Revenue, Key Players, Supply-Demand, Investment Feasibility and Forecast 2022

Latest Industry News

Ultimaker has announced that it's recently launched Ultimaker S5 will be optimized for new material options.

Carbon has released its very first medical-grade material for its DLS 3D printing platform.

Key Players

Arkema S.A. Inc., Royal DSM N.V., Höganäs AB, Sandvik AB, EOS GmbH, Arcam AB Inc., Stratasys Ltd. Inc., 3D Systems Corporation, ExOne GmbH Inc., and Solvay S.A. are among the leading market players that have been profiled in MRFR's report.

Market Insights

Market Research Future has published its report on the Global 3D Printing Material Market which, based on various observations and calculations, is expected to grow at a CAGR of more than 19% during the forecast period which ends in 2022. 3D Printing Material is available in a variety of forms which can be used in 3D printers for a variety of purposes. The Global 3D Printing Material Market is expected to surpass an estimated evaluation of USD 1500 Mn by the end of 2022.

3D Printing Technology has been hailed as revolutionary for its sheer and vast potential. Acceptance and adoption of 3D Printing Technology have occurred at a high rate, and many startups have entered the 3D Printing Market to explore the various applications that 3D Printing can be used for. As a result, the demand for 3D Printing Material has grown significantly. Moreover, the increase in competition in the 3D Printing Market has resulted in lower prices for the implementation of the technology and the products it creates.

Improvements in technology, the speed of printing and scalability have been explored to benefit the market greatly. Increasing demand from a variety of end-use industries where 3D Printing Material is used extensively includes automotive, consumer goods, healthcare, aerospace, and several others. These industries are growing at a rapid pace. The growth of the automotive industry has been largely due to shifting economic factors and increasing purchasing power in emerging economies. In healthcare, 3D Printing Material Market is used in 3D printers to create biomimetic prosthetics among other medical applications. Some market players are also using 3D printers to create uniquely shaped confectionery. Experimentation and research & development of materials for use as 3D printers will likely lead the market to opportunities for growth over the forecast period.

Market Segmentation

MRFR segments the Global 3D Printing Market in its report on the basis of Material, Application and Region. By Material, the market is broadly segmented into plastics, ceramics, metals, and others. Plastics come in a wide number of types with varying performance levels and are widely used in a number of 3D printing applications making them an important segment in the 3D printing materials market.

3D Printing Materials find applications in aerospace & defense, automotive, healthcare, consumer goods, and other industries. In automotive and aerospace, 3D Printing has found applications due to its ability to produce lightweight components which are crucial in lending themselves to increasing fuel efficiency. MRFR's global analysis includes segmentation of regions into North America, Europe, Asia Pacific, and the Rest of the World.

Regional Analysis

The European 3D Printing Materials Market accounts for the most significant region and is closely followed by the Asia Pacific market. Europe's leadership position is primarily due to the concentration of leading market players in the region. The region is witnessing rapid development and expansion of the industrial sector which is also a significant growth driver for the regional market.

The Asia Pacific is projected to grow at the highest CAGR during the forecast period. The region's rapid growth is observed on account of the region’s growing reputation as an industrial hub and the presence of a truly significant consumer population with increasing purchasing power. The market for consumer goods in the region is growing rapidly in response to demand from consumers in the APAC region. Moreover, automotive market players are leveraging 3D printed components to make vehicles more fuel efficient to meet the demand for the same. The APAC is also a significant materials market with a high number of leading plastics and metal manufacturers thus creating opportunities for growth for the regional and global market as a whole.

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3D Printing Material Market 2018 | Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2022

Market Insights:

Market Research Future (MRFR) has revealed in its latest study that the Global 3D Printing Material Market is set to expand saliently striking a robust CAGR of 19% during the forecast period. The market is estimated by MRFR to reach a value over USD 1,500 Mn towards the end of the assessment period. The accelerated adoption of the technology across a wide range of industries is responsible for driving growth in the Global 3D Printing Material Market.

The increasing demand for 3D Painting Material from end-user industries such as automotive, healthcare, aerospace & defense, etc. has been on the rise. The trend is likely to continue during the assessment period, which is expected to open growth avenues for the market players.

The embracement of the technology has paved the way for innovations and adoption of next-gen technologies for gaining competitiveness over competitors. The growth trajectory of the market is mainly guided by the strategies implemented by the market operators such as reduction in prices, product speed development, etc. for gaining traction in the market.

Industry Developments:

In August 2018, Mosaic Manufacturing, a Canada based 3D printing specialist, added ‘Palette 2’ to its product line. It is a device that facilitates multi-material printing in single-extruder FDM 3D printers.

In August 2018, a global leader in specialty chemicals, Evonik, has announced the development of its new product, which is the world’s first flexible plastic 3D printing material based on PEBA (polyether block amide).

Market Segmentation:

By Material, the Global 3D Printing Material Market has been segmented into metals, plastics, ceramics, and others.

By Application, the 3D Printing Material is segmented into automotive, healthcare, aerospace & defense, consumer goods, and others.

Regional Analysis:

By Region, the market has been segmented into Asia Pacific, North America, Europe, and Rest of the World. Europe has captured a significant share of the market. The region is expected to retain its dominance towards the end of the forecast period. The growth can be ascribed to the development and expansion of industrial area in the region. North America is an important growth pocket in the Global 3D Printing Material Market. The factors responsible for favoring the market proliferation in the region are booming end-user industries such as aerospace & defense, massive investments, increased research & development activities, etc. Additionally, the presence of key players in the region is likely to intensify competition and aid market expansion. Asia Pacific is expected to register a relatively steeper rise in the growth of the 3D Printing Material Market. The consolidation of fast-developing economies such as India and China are likely to encourage the revenue acceleration for market participants in the foreseeable future. Furthermore, an increase in demand from the end-user countries is projected to be witnessed over the assessment period.

Competitive Dashboard:

Some of the key players profiled in the report by MRFR are Höganäs AB, Sandvik AB, Solvay S.A., Arcam AB Inc., EOS GmbH, 3D Systems Corporation, Arkema S.A. Inc., ExOne GmbH Inc., Royal DSM N.V., and Stratasys Ltd. Inc.

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3D Printing Material Market 2018 - Trends Forecast Analysis by Manufacturers, Regions, Type and Application to 2022

Overview:
3D printing has managed to grab the popular imagination in almost no time. As Market Research Future (MRFR) asserts, the material market for 3D Printing is touted to cross USD 1.5 Mn at a staggering CAGR of 19% during the forecast period (2016-2022). The 3D Printing Material Market is now experiencing improvements in production speed and quality owing to healthy competition.

Competitive Analysis:  
The presence of large-scale manufacturing companies has made the Global 3D Printing Material Market competitive. The competition has resulted in the production of innovative and quality products. The dominant players operating in the Global 3D Printing Material Market include Sandvik AB, Höganäs AB, Solvay S.A., EOS GmbH, Arcam AB Inc., and others.

Drivers and Restraints:
With 3D printing technology gaining traction, the global market for 3D printing materials has also accelerated. Innovation in materials and latest technologies are the potential influencers of the global 3D Printing Materials Market demand. Metal can become the second most preferred medium in 3D printing materials and fetch a considerable amount of revenue during the forecast period.

Modification of material depending on the need for a specific application can also boost the market.
High printing and difficult manufacturing methods are potential restraints for the Global 3D Printing Market demand. However, the growth of the market can also be hampered by ethical, environmental, and legal issues coupled with technological challenges.

Market Trends:
Diverse end-users are setting the market trends at present. Research and development sectors have boosted the increase in adoption of 3D printing devices by lowering manufacturing cost of tools, and materials. For various end-user industries, this is a boon, and they are profiting much from the outcomes.

To improve desktop manufacturing in a significant manner, Airwolf 3D released the EVO Additive Manufacturing Center. Automotive & aerospace sectors can seek inspiration from prototype steering wheel made by CRP USA for Formula SAE which is both a prototype and a fully functional component.

DWS has launched XCELL 6000, the first ever built-in work cell, from the 3D file to the ready to use parts; this one is a one-stop solution.

Segmentation:
The Global 3D Printing Material Market can be segmented by Material and Application.

Material-wise segmentation includes metals, plastic, ceramics, and others. Desktop printing has now given rise in demand for polymer as a material, and it is the most widely used material for printing now. Metal 3D Printing Market share is benefitting more from its application across various industries, such as aerospace & defense, automotive and industrial. Ceramic can also observe a rise in market share during the forecast period owing to a surge in demand from sectors, such as ceramics, statues, and figurines.

Application-based segmentation comprises automotive, healthcare, aerospace & defense, consumer goods, and others. Consumer lifestyle dynamics is now restructuring purchasing behavior owing to which automotive segment is experiencing a stellar rise in the sale. This industry has reacted like a catalyst and boosted the sale of 3D printers. The global market is also experiencing a robust sale due to healthcare industry where it has various applications, such as in dental surgery, replacement of burnt skin and in others.

Regional Analysis:
Regional analysis of 3D Printing Materials spans North America, Asia Pacific, Europe, and Rest-of-the-World (RoW).

North American market is getting led by the U.S. The growing demand for 3D Printing technology in American defense has boosted the growth of the technology and its material. Aerospace industry also plays like a driving factor. The region will experience further growth owing to its huge consumer base of automobiles and electronic gadgets.

Europe, currently, closely follows North America. Along with the latter, the continent enjoys the advantages of being the first market entrants. Germany leads the continent in terms of generated revenue.

Asia Pacific can witness substantial growth in market share with rising population with disposable income in countries, such as India, China, and others. The region is having a remarkable advancement in automotive, healthcare and other sectors.

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3D Printing Material Market 2018: Overview, Top Key Players, Growth and Analysis by Forecast 2022

The increasing use of 3D metal printing for industrial applications will act as major driver for growth of this industry. A few among the most highly valued products are aircraft engines and turbine components. 3D printing is also used widely by end users such as automotive, health care, aerospace & defense, consumer goods, research institutions, and service bureaus.  This is because various advantages are attainable by 3D painting such as good resolution, and surface finish. Both plastic and metal based 3D printing materials possess high toughness, which makes them ideal for use in aerospace & defense and automotive applications.  In healthcare sector, 3D bio printing technology is also gaining power.  Increasing use of 3D printing will substantially increase the growth of 3D printing material market.

The report has analyzed the market based on the two segments: material and application in the regions of North America, Europe, APAC and rest of the world. Fastest growing region in 3D Printing Material Market is Europe. Germany, a part of Europe, is a hub for automotive industry and is contributing to the growth of automotive sector. The growth is further enhanced by increased investment in innovative technology and R&D projects. The Global 3D Printing Material Market is expected to cross USD 1,500 Million at the end of the forecasted period and is expected to be growing at CAGR of approximately 19% by 2022.

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Europe will be the largest market

Europe is expected to dominate the market with its largest and fastest growing market size for 3D printing material. The reason is attributed to the increased demand for 3D Printing in automotive and aerospace & defense sectors. The toughness and enhanced resolution helps increase market share.

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We recognize the key players in the Global 3D Printing Material Market Sandvik AB, Höganäs AB, Solvay S.A., EOS GmbH, Arcam AB Inc., 3D Systems Corporation, Royal DSM N.V., Arkema S.A. Inc., ExOne GmbH Inc., and Stratasys Ltd. Inc.

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global 3D printing material market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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