Top companies covered in 3d printing materials market report are Stratasys Ltd., 3D Systems, Inc., Materialise NV, Markforged, Inc., EOS GmbH, Höganäs AB, Arkema, Royal DSM N.V., ExOne, GE Additive, Evonik Industries AG, Höganäs AB, BASF SE, Covestro AG, and more players profiled
Pune, India, Feb. 11, 2021 (GLOBE NEWSWIRE) -- The global 3D printing materials market size is projected to reach USD 3.78 billion by 2026, exhibiting a CAGR of 12.1% during the forecast period. The increasing application of 3D printing in various end-user industries such as aerospace, automotive, military, and healthcare will have a positive impact on the 3D printing materials industry revenue during the forecast period. Moreover, one of the major market trends for 3D printing materials includes the increasing knowledge of 3D printing as a faster manufacturing process than conventional manufacturing processes such as injection molding and subtractive production.
The market size stood at USD 1.53 billion in 2018. The 3D printing materials market report focuses and elaborates on the definition, types, applications, and major players in detail. Deep analysis of this market outlook, competition pattern, enterprise, advantages and disadvantages of enterprise Products, industry development trends, regional industrial layout characteristics, and macroeconomic policies, industrial policy has also been studied and provided within the synopsis.
From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors, and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and the characteristics of the market. The report also benefits its readers by providing unrivaled data in a well-organized manner.
Get Sample PDF Brochure with Impact of COVID-19:
Key Market Drivers:
Growing Adoption of 3D Printing Technology to Spur Opportunities
The rising shift from conventional printing to 3D printing technology will bolster the healthy growth of the market in the foreseeable future. 3D printing offers properties including, reduced waste, complexity in designs, cost-effectiveness, and improved design modification. Moreover, increasing awareness regarding the proven benefits of 3D printing has attracted manufacturers from various sectors.
Food, footwear, music, jewelry, and medical sectors are implementing the technology for the manufacturing and development of new products at a lower cost. This, factor uplift the 3D printing materials market share in the forthcoming years. In addition, the growing utilization of 3D printed parts in aerospace, automotive, and military applications will enable speedy growth of the market during the forecast period. Nonetheless, 3D printing enables designers to create complex parts at low cost along with production feasibility. For instance, components created from titanium in the aerospace industry are usually 3D printed as it offers high dimensional accuracy and great mechanical properties.
List of Top Companies Profiled in the 3D Printing Materials Market Report are;
3D Systems, Inc.
Royal DSM N.V.
Evonik Industries AG
Booming Aviation Industry to Propel Growth in North America
The market in North America generated a revenue of USD 0.58 billion in 2018 and is predicted to witness high growth during the forecast period owing to the rising demand from the aerospace, military, and medical industry. The burgeoning aviation industry will create growth opportunities for the market in the region in the forthcoming years.
The growing requirement for aircraft and stellar demand for metal in the defense will boost the market in North America. Europe is predicted to grow rapidly during the forecast period owing to the increasing adoption of 3D printing technology in healthcare. 3D printing is extensively used to manufacture implants and prosthetics at a very low cost. Thus, the rising demand for 3D printing technology in various sectors will contribute positively to the growth of the market in Europe.
Browse Summary of this Research Report with TOC:
Detailed Table of Content:
Definitions and Assumptions
Key Emerging Trends – For Major Countries
Key Developments: Mergers, Acquisition, Partnership, etc.
Latest Technological Advancement
Insights on Regulatory Scenario
Porters Five Forces Analysis
Global 3D Printing Materials Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Type
Market Analysis, Insights and Forecast – By End-User
Aerospace & Defense
Market Analysis, Insights and Forecast – By Region
Rest of World
Get your Customized Research Report:
Key Industry Development:
November 2019: The acquisition of Sculpteo by BASF, a German chemical company and the second-largest chemical producer in the world. BASF aims to enhance its position in the 3D printing industry and expand its sales channel with the new development.
Have a Look at Related Research Insights:
Ceramic Coatings Marke Size, Share & Industry Analysis, By Material Type (Oxide, Carbide, Nitride, Others), By Technology (Thermal Spray, Physical Vapor Deposition, Chemical Vapor Deposition, Others), By Application (Automotive & Transportation, Aerospace, Energy, Healthcare, Industrial Components, Others) Others and Regional Forecast, 2019-2026
Plastics Market Share, Size & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile), and Regional Forecast, 2019-2026
Plastic Containers Market Size, Share & Industry Analysis, By Resins (Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC), Polypropylene (PP), Polystyrene (PS), Others), By Application (Food & Beverages, Pharmaceutical, Consumer Goods, Others) Others and Regional Forecast, 2019-2026
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Read Press Release: