3D Printing Materials Market By Material (Plastic, Metallic, Ceramic & Other), Application (Electronics & Consumer Products, Healthcare, Automotive, Industrial, Aerospace, Construction, Defense & Other), End-User (Commercial, Personal) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

With the rising advancement in 3D printing technology, the adoption of 3D printers is expected to increase substantially across different sectors. Additionally, high precision, speed and convenient manufacturing offered by 3D printing have already led to strong penetration of 3D printers across electronics, automotive and other industrial applications. This has led to strong demand for high-performance 3D printing materials that offer higher flexibility, durability and stability. With various untapped applications of 3D printing coming up, market players are increasingly focusing on developing high performance, application-specific materials. Currently, plastics, metals and ceramics are most popular used for making objects using 3D printing technology.

The most significant factor fueling the market growth is the rapidly growing penetration of 3D printing technology across different applications. 3D printing has found crucial application across segments such as healthcare and aerospace. These applications require high precision products along with high-performance materials. As a result, companies operating in the market are now increasing their focus towards the development of their own materials, so as to provide an entire product suite.

Considering the strong potential of 3D printing, various global tech giants are heavily investing upon the technology through the acquisition of other players in the market. Subsequently, the 3D printing materials market is estimated to register exponential growth worldwide in the coming years. Nevertheless, major factor hindering the market growth is the high initial cost especially in the case of the individual user. The software tools required for operating 3D printing too are costly making the overall manufacturing process inflated. In addition, 3D printing requires skilled labor which becomes a challenge for industry growth. This may ultimately hamper the market growth for materials.

3D Printing Materials Market

The report titled “Global 3D Printing Materials Market- Growth, Share, Opportunities and Competitive Analysis, 2016 – 2023” offers strategic insights into the global 3D printing materials industry along with the market size (in revenue and volume) and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on materials, applications and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading 3D printer material vendors, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are 3D Systems, Inc., Stratasys Ltd., Materialise NV, Shapeways B.V., Arcam AB, Solidscape, Inc., Optomec, Inc. and others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the 3D printing and materials industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2014 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global 3D printing materials market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above-mentioned factors.

On the basis of application, the 3D printing materials market is segmented into following categories:

  • Electronics and Consumer Products
  • Healthcare
  • Automotive
  • Industrial
  • Aerospace
  • Construction
  • Defense
  • Others

3D Printing Materials Market
 

As of 2015, the global 3D printing materials market, in terms of revenue and volume, is dominated by the electronics and consumer products segment. The segment comprises various mobile device antennas, circuit boards, sensor structures and other consumer products. 3D printing is highly helpful in producing high precision products with critical dimensions. Across majority of these devices, plastics material is widely used and is estimated to remain dominant throughout the forecast period.

The healthcare segment is expected to register the highest growth in the overall 3D printing materials market in the coming years. 3D printing is considered among the most dynamics and revolutionizing technologies used in the medical sector. The technology can be used for making prosthetics and precise medical devices. This is expected to greatly revolutionize the medical treatment in the coming years thereby driving the demand for related materials.

The global 3D printing materials market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7 (U.K., Germany, France, Italy, Spain, Belgium and the Netherlands)
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC countries
    • North Africa
    • Southern Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

3D Printing Materials Market
 

As of 2015, the 3D printing market worldwide is dominated by the North America region, in terms of revenue and volume. The North America segment contributes to more than one third of the total revenue generated worldwide, as of 2015. The region experiences strong penetration of 3D printing technology across various applications and hence the strong demand for materials. Additionally, the region enjoys presence of large number of players thereby supporting the market growth.

The Asia Pacific region is expected to register the highest growth in the coming years. The market growth here is mainly supported by China and Japan having strong adoption rate of 3D printing technology. Further, the Middle East & Africa region too is estimated to witness strong growth in the coming years. The growth is majorly expected from the GCC countries segment.

The global 3D printing materials market is segmented, based on the type of material, into following categories

  • Metals
  • Plastics
  • Ceramics
  • Others

3D Printing Materials Market
 

As per the above categorization, the 3D printing materials market comprises large number of materials including polyamide, titanium, paintable resin, silver, gold, alumide, stainless steel and bronze. Amongst these, the plastics segment accounted for the largest share, in terms of volume and revenue, in 2014. The demand is majorly governed by the electronics and other industrial applications.

With the further rise in the sectors, the segment is estimated to retain its dominant position in the market expanding with the highest growth rate in the forecast period. The ceramics segment is estimated to register the slowest growth since the material is rapidly being replaced with metallic and plastics in different applications.

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Published Date:  Jun 2016
Category:  Advanced Materials
Report ID:   57916
Report Format:   PDF
Pages:   120
Rating:    4.1 (40)
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