Market Research Report
3D Printing Materials Market by Type (Plastics, Metals, Ceramics, and Others), Form (Filament, Powder and Liquid), Application, and by Region - Global Forecasts to 2021
|Published by||MarketsandMarkets||Product code||291111|
|Published||Content info||143 Pages
|3D Printing Materials Market by Type (Plastics, Metals, Ceramics, and Others), Form (Filament, Powder and Liquid), Application, and by Region - Global Forecasts to 2021|
|Published: April 29, 2016||Content info: 143 Pages||
The 3D printing materials market is estimated to grow from USD 530.1 million in 2016 to USD 1,409.5 million by 2021, at a CAGR of 21.60% between 2016 and 2021. Growth of the 3D printing materials market is largely associated with the increasing demand for 3D printing technology, which are used in various end-use industries such as aerospace & defense, medical & dental, automotive, and consumer goods. 3D printing technology offers various advantages such as design flexibility, cost effectiveness, and less wastage in designing of parts for various end-use industries.
3D printing, the current revolutionary technology globally is competitively expanding its footprint in different applications. The aerospace & defense applications is expected to account for the largest market share during the forecast period. 3D metal printing is used in aerospace & defense industry for manufacturing complex parts such as jet wings, engine parts, space telescope, metal guns, rocket parts, and others. Companies are constantly introducing new 3D printing materials to cater to the increasing demand of 3D printing. Arcam AB introduced a new 3D printing material named Inconel 718, specifically for aerospace application. Medical & dental is also one of the major applications that use the 3D printing technology. Several medical products such as surgical equipment, prosthetics & implants, orthopedic, dental, and cranio-maxillofacial and tissue-engineered products are manufactured using the 3D printing technology.
North America dominated the 3D printing materials market in 2015 globally by both value and volume and the trend is expected to continue in the future. High growth in the aerospace & defense, automotive, and wind energy industries and increasing demand for 3D printing technology, especially from the aerospace & defense industry are expected to drive the 3D printing materials market in the region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted as follows:-
Various key players profiled in the report are as follows:
The report will help the market leaders/new entrants in this market in the following ways:
*Details might not be captured in case of unlisted companies.