Global 3D Printing Material Market 2019-2025
発行: Orion Market Research Pvt Ltd
Global 3D Printing Material Market Size, Share & Trends Analysis Report by Type (Metal, Ceramic, Plastic and Others) by End-User (Healthcare, Aerospace, Automotive, Education, Other), and Forecast Period, 2019 - 2025
The global 3D printing material market is estimated to grow at a significant CAGR during the forecast period. The benefits such as cost-efficient, time-efficient, improved quality, and demand for high-performance materials are driving the global 3D printing material market. Moreover, 3D printing technology reduces the risk of error and the burden of assembling, that's why it is highly preferable for the mass manufacturing process, this is also driving the growth of the global market. Healthcare, aerospace, automotive, education, others are the major sectors that are using 3D printing technology effectively.
For the light-weight property of the 3D printing material, it is extensively used in the aerospace industry. 3D printing materials, such as metals, polymers, and other strong and light-weight material are used to manufacture the body parts of the aircraft, it helps the whole production process cost-effective and time-effective. In the healthcare industry, 3D printing technology has three major applications, they are bioprinting, 3D models for the preparation of surgery, manufacturing of the surgical instruments, and manufacturing of the custom-made prosthetics.
Geographically, the global 3D printing material market is segmented into four major regions, such as North America, Europe, Asia-Pacific, and RoW. North-America is estimated to has the major portion of the global 3D printing material market owing to technological advancement, huge investment in the research & development of 3D technology, and growing healthcare, aerospace and automobile industry, are contributing to the growth of North American 3D printing material market. Asia-Pacific region is the fastest-growing 3D printing material market owing to the presence of emerging economies, growing automobile industry, and technological advancement in China, India, and Japan, and other factors are driving the growth of the Asia-Pacific 3D printing material market.
The major players that are providing 3D printing material products include Stratasys Ltd., 3D Systems, Corp., Arcam AB (A General Electric additive Company), Royal DSM N.V., Hoganas AB, and so on. The strategies adopted by the market players include joint venture and product launches, to increase their competitiveness across a global scale. For instance, in April 2018, Hoganas AB launched powder-based metal 3D printing material, it is developed to focus on the areas of additive manufacturing and Metal Injection Molding (MIM).
The market study of the global 3D printing material market is incorporated by extensive primary and secondary research conducted by a research team. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for providers, suppliers, and distributors of 3D printing material, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and will serve as a source for 360-degree analysis of the market.
The Report Covers: