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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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
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3D Printing Material Market 2019 Segmentation, Application, Technology & Market Analysis Research Report to 2022

Segmental Analysis:

The segmentation of the 3D Printing Material Market is carried out on the basis of Applications, Materials and Regions.

On the basis of Materials, the market is segmented into plastics, metals, ceramics, and others.

Based on Application, the market is segmented into healthcare, consumer goods, automotive, aerospace & defense, and others.

Finally, on the Basis of Region, the 3D Printing Material Market is segmented into Asia Pacific, North America, Europe and the rest of the world.

3D Printing Material Market – Overview:

The popularity of 3D Printing is motivating the requirement for 3D materials significantly as the demand gains further traction. Market reports connected with the chemicals and materials industry have been presented by Market Research Future which makes reports on other industry verticals that aims to analyze the current market scenarios better. The market is on course to attain USD 1,500 million while progressing at a CAGR of 19% in the duration of the forecast period.

The acceptance of 3D Printing processes has contributed in a major way to the development of the market for 3D Printing Materials. The increased presence of market competitors is adding favorably to the market’s expansion because of the elevated investment levels and research & development activities that are being initiated by them. Development of better and more efficient product options is expected to motivate the market’s progress in the coming years positively.

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Detailed Regional Analysis:

The regional analysis of 3D Printing Material Market covers regions such as Asia Pacific, Europe, North America, and the rest of the world. The European region is estimated to be the prime market in terms of market size because of the development and progress in the industrial area of this region. However, the APAC region is anticipated to reveal the fastest growth throughout the forecasted period.

Competitive Analysis:

The strategic goals intended for the market are reinforced due to favorable product differentiation carried out by market competitors. The growth of the market is moving in a favorable direction due to new product launches or rising gross revenue of the players in the market. Substantial reductions in administrative costs are inducing further expansion of the market. The vertical additions and product tactics of the market are boosting the potential of the market players. The development of a robust value chain is further motivating the development of the market.  Increased adaptability of market players to new market trends and customers inclinations are lifting the growth curve of the market and will continue do so in the forecast period. The successful implementation of strategies is expected to motivate the market in the coming years.

The vital companies shaping the 3D Printing Material market are Höganäs AB, Royal DSM N.V., Solvay S.A., EOS GmbH, Arcam AB Inc., Sandvik AB, Arkema S.A. Inc., ExOne GmbH Inc., 3D Systems Corporation, and Stratasys Ltd. Inc.

Industry Updates:

Dec 2018 Researchers at the Department of Energy’s Oak Ridge National Laboratory, US have developed a renewable 3D printing feedstock using lignin, a biofuels byproduct. The group of researchers have reportedly merged a melt-stable hardwood lignin with conventional plastic, a low-melting nylon, and carbon fiber to make a composite with the right characteristics for extrusion and weld strength between layers through the printing process, as well as good mechanical properties.

Jan 2019 A Canadian bioplastic company, Advanced BioCarbon 3D (ABC3D), has created a wood-based bioplastic material for usage in 3D printing. ABC3D was registered among the top five hundred deep tech start-ups around the world by Hello Tomorrow, a French tech accelerator. The mission of ABC3D is to make sustainable carbon-free plastics for 3D printing to slow the worsening environmental situation. ABC3D’s bioplastic filament is created from waste wood, but the company is not in competing with the forestry companies.

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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 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 | Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2022

Market Synopsis of 3D Printing Material Market

3D Printing Material is used to manufacture a 3 dimensional object wherein consecutive layers of a specific material are formed to create another object. There are several processes of creating a 3D printing material such as selective laser melting (SLM), fused filament fabrication (FFF), stereo lithography (SLA) and a few more. The key drivers for this market are growing popularity and the rapid acceptance of 3D printing technology. Greater competition has led to decrease in prices and at same time improvements in speed, quality and expansion of its applications in various fields. The increase in demand by end use industry is also acting as a major factor for its growth. The Global 3D Printing Materials Market is expected to cross USD 1,500 million at a CAGR of round 19% by the end of the forecasted period.

Regional Analysis of 3D Printing Material Market

The regional analysis of 3D Printing Material Market is being studied for areas such as Asia pacific, North America, Europe and rest of the world. Europe would be the largest growing market in terms of market size because of the expansion and development of industrial area of this region. However APAC is expected to register the fastest growth during the forecasted period.

Study Objectives of 3D Printing Material Market:

To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global 3D Printing Material Market.

To provide insights about factors affecting the market growth.

To analyze the Global 3D Printing Material Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW).

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segment by material, application, and regions.
To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global 3D printing material Market.

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