Global 3D Printing Materials Market Insights, Size and Growth Forecast To 2027
Global 3D Printing Materials Market: Overview
3D printing allows to produce a prototype of all kinds of items, and reduces costs, shortens staff-hours, and eliminates complex processes for enterprises. The real advantage of 3D printing technology is that its printing materials can imitate plastic. 3D printing materials are an essential material basis for the development of 3D printing technology. To a certain extent, the development of materials determines whether 3D printing can be used more widely. At present, 3D printing materials mainly include engineering plastics, photosensitive resins, rubber materials, metal materials, and ceramic materials.
Additionally, color gypsum materials, artificial bone meal, cell biological materials, and food materials such as sugar are also available. 3D printing manufacturing technology is mainly composed of three significant elements: accurate three-dimensional design, powerful molding equipment, materials that meet product performance, and molding process. The 3D printing processes available are substantial for creating prototypes and end-use production parts in hundreds of plastic and metal materials.
Global 3D Printing Materials Market: Insights
The 3D Printing Materials market generated more than USD 1.5 billion in 2019 and anticipated to reach over USD 6.3 billion, registering a CAGR of 16.69% during the forecast period (2020-2027). The rising demand for 3D printing materials from the aerospace & defenses, healthcare, and automobile likely to propel the global 3D printing materials market in future periods. Additionally, the surge in demand for 3D printing equipment in the medical and education sectors anticipated triggering the global 3D printing materials market in the upcoming years. Moreover, the growth of the 3D printing materials market attributed to the growing application scope of 3D printing on account of rapid technological developments.
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
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3D printing can speed development and delivery for customized products and bring increased flexibility through better inventory management and real-time production of products with variable demand. Other advantages include manufacturing advantages for small batches, cost advantages based on efficiencies for certain applications, and unprecedented flexibility in new markets. Additionally, the surge in 3D printing in the manufacturing industry for reducing the risk of errors and high preferability for mass production will lead to the growth of the 3D printing materials market in the projected period. Furthermore, the growing application of 3D printing to create high-resolution concept models, master patterns for urethane casting processes in various industries like medical device models, anatomical educational pieces, and industrial design reveal. These factors will accelerate the global 3D printing materials market in the next few years.
The SPER market research report of the 3D printing materials market includes all integrated approaches to the growth of the market along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the 3D printing materials market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scale.
REPORT HIGHLIGHTS
- Overview of key market forces restraining and propelling market growth.
- Provide demand, current & past status & also the forecasting up to 2027.
- Provide complete overview including type, form, and end-user industry & forecast region.
- Provide focused analysis of key manufacturers with their production volume, market share & also help to identify market competition landscape with SWOT analysis.
- Historical, current, and projected market size in terms of value.
- Analyze the global & regional potential market, advantages, risk & opportunity.
- Identify significant factors and trends driving or inhibiting the market growth.
- In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.
THE REPORT COVERS ANALYSIS OF 3D PRINTING MATERIALS MARKET, BY TYPE
- Plastics
- Ceramics
- Metals
- Others
THE REPORT COVERS ANALYSIS OF 3D PRINTING MATERIALS MARKET, BY FORM
- Powder
- Filament
- Liquid
THE REPORT COVERS ANALYSIS OF 3D PRINTING MATERIALS MARKET, BY END-USER INDUSTRY
- Automotive
- Medical
- Aerospace and Defense
- Consumer Electronics
- Other
THE REPORT COVERS EXHAUSTIVE ANALYSIS ON
- Market Segments
- Market Dynamics
- Brands in Market
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Forecasting
- Technology
THE REPORT INCLUDES REGIONAL ANALYSIS ON
- North America (Canada, US, Mexico, & Rest of North America Available)
- Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
- Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
- Central & South America (Brazil, Argentina & Rest of South America Available)
- Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)
KEY PLAYERS OF 3D PRINTING MATERIALS MARKET
- 3D Systems Corporation
- Stratasys, Ltd.
- Arkema SA
- Materialise NV
- Evonik Industries AG
- General Electric
- Concept Laser GmbH
- ExOne
- EOS GmbH Electro Optical Systems
- Envisiontec
- SLM Solutions
- Hoganas
- Other Prominent Players
Note: The segmentation & companies provided are subject to change/modification as per the availability of data during the final study.
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