Market Research Report
Global 3D Printing Materials Market Size study with COVID-19 Impact, by Form, by End-Use Industry, by Type, by Application, by Technology and Regional Forecasts 2020-2027
|Global 3D Printing Materials Market Size study with COVID-19 Impact, by Form, by End-Use Industry, by Type, by Application, by Technology and Regional Forecasts 2020-2027|
Published: July 10, 2020
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global 3D Printing Materials Market Size study with COVID-19 Impact, by Form (Powder, Filament and Liquid), by End-Use Industry (Automotive, Aerospace & defense, Healthcare, Consumer Goods, Construction and Others), by Type (Plastic, Metal, Ceramic and Others), by Application (Prototyping, Manufacturing and R&D), by Technology (Fused Deposition Modeling (FDM), Selective laser sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS) and others) and Regional Forecasts 2020-2027.
Global 3D Printing Materials Market is valued approximately USD 1.0 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 23.5% over the forecast period 2020-2027. 3D printing is the construction of a three-dimensional object from a CAD model or a digital 3D model. The process in which material is joined or solidified under computer control to create a three-dimensional object, typically layer by layer. ABS plastic, PLA, polyamide (nylon), glass filled polyamide, stereolithography materials (epoxy resins), silver, titanium, steel, wax, photopolymers and polycarbonate are the materials used to create 3D printing. The 3D printing is negatively affected by COVID-19 as disruption in the supply chain has resulted in delays or non-arrival of raw materials, disrupted financial flows, and growing absenteeism among production line workers. These compelled manufacturers of aircraft and automobile industries to operate at zero or partial capacities, which results low demand for 3D printing materials. The increasing demand from the aerospace & defense and automotive industries, mass customization and government initiatives to support the adoption of 3D printing encourages the growth of the global 3D Printing Materials Market. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 03rd June 2020, 3D System introduced the innovation of its plastics materials portfolio. The materials including Figure 4 RUBBER-65A BLK, Accura Fidelity, Accura Bond, Accura Patch, and Figure 4 JEWEL MASTER GRY. These are designed to help manufacturers to address a broader portfolio of applications. However, high material costs and declining economy due to COVID-19 are the major factors restraining the growth of global 3D Printing Materials market during the forecast period.
The regional analysis of global 3D Printing Materials Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high demand for the metal materials from the aerospace & defense and automotive industries has lead the growth of the market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
3D Systems Corporation
Royal DSM N.V.
The Exone Company
EOS Gmbh Electro Optical Systems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Aerospace & defense
Fused Deposition Modeling (FDM)
Selective laser sintering (SLS)
Direct Metal Laser Sintering (DMLS)
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027
Target Audience of the Global 3D Printing Materials Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers