3D printing is the process of creating a three-dimensional object by using a Computer-aided design model or a digital 3D model. 3D printing materials are diverse and are available in a variety of forms. The global 3D printing materials market is being driven primarily by rising demand in industries such as architecture, automotive, aerospace and military. The automobile manufacturing industry will boost the 3D printing materials market growth in the future.
Market Dynamics
Increasing demand for 3D printing materials across the aerospace industry is one of the key factor driving growth of the market. Moreover, the 3D printing materials helps the automotive manufacturers in the development of more complex and lighter vehicles thereby, increases demand for such products over the forecast period.
The 3D printing materials market is expected to witness growth, owing to rising demand for 3D printing materials across various end use industries such as automotive, aerospace and defense among others. Increasing awareness about the benefits of 3D printers such as low wastage of materials is again expected to raise the product adoption. Additionally, the flexibility to produce complex geometric structures that are difficult to be manufactured is further expected to foster the market growth of the 3D printing materials.
Increasing R&D by manufacturer for developing advanced 3D printing technology in response to evolving and day-to-day new demands from consumers is expected to serve major opportunities in 3D printing materials market.
The growing need for reducing production time, improve product properties, and also reduce the labor cost is encouraging manufacturers to invest in R &D for developing advanced 3D printing technology. This is expected to foster the market growth over the forecast period.
Key features of the study:
- This report provides in-depth analysis of global 3D printing materials market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sodium hypochlorite market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include 3D Systems, Inc., Arcam AB, Concept Laser GmbH, EOS GmbH Electro Optical Systems, ExOne GmbH, Solidscape, Inc., Optomec, SLM Solutions GmbH, and Stratasys, Ltd.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
- The global 3D printing materials market report caters to various stakeholders in this industry including investors, suppliers, 3D printing materials manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global 3D printing materials market
Detailed Segmentation:
- Global 3D Printing Materials Market, By Product Type:
- Ceramics
- Plastics
- Metals
- Others
- Global 3D Printing Materials Market, By Application:
- Electronics & Consumer Products
- Automotive
- Medical
- Education
- Aerospace
- Others (Military, Architectural, Government, etc.)
- Global 3D Printing Materials Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- 3D Systems, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Arcam AB
- Concept Laser GmbH
- EOS GmbH Electro Optical Systems
- ExOne GmbH
- Solidscape, Inc.
- Optomec
- SLM Solutions GmbH
- Stratasys, Ltd.
"*" marked represents similar segmentation in other categories in the respective