The World Market for 3D Printing Materials (Plastic, Metal, Ceramic) 2019-2024: $4.5 Billion Opportunity Analysis - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 23, 2019--
The “3D Printing Materials Market by Type (Plastic, Metal, Ceramic), End-Use Industry (Automotive, Aerospace & Defense, Healthcare, Consumer Goods, Construction), Form (Powder, Liquid, Filament), Technology, Application, Region - Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The 3D printing materials market size is estimated to grow from USD 1.5 billion in 2019 to USD 4.5 billion by 2024, at a CAGR of 25% between 2019 and 2024. 3D printing materials are used in different industries such as automotive, aerospace & defense, and healthcare.
The 3D printing materials market comprises major manufacturers such as 3D System (US), Arkema S.A. (France), Royal DSM (Netherlands), The ExOne Company (US), Stratasys Ltd. (US), General Electric (US), EOS GMBH Electro-Optical Systems (Germany), Materialise NV (Belgium), Sandvik AB (Sweden), and Hgans AB (Sweden).
The study includes an in-depth competitive analysis of these key players in the 3D printing materials market, with their company profiles, recent developments, and key market strategies.
Metal 3D printing materials are projected to register a higher CAGR, in terms of value and volume, between 2019 and 2024
Metals materials are highly useful in manufacturing components for the automotive and aerospace & defense industries. 3D printing metal materials have been further segmented into titanium, aluminum, nickel, stainless steel, and others (such as cobalt chrome, copper, silver, gold, and bronze). 3D printing metal materials offer various characteristics, such as lightweight, excellent temperature resistance, and heat resistance.
Metals are the fastest-growing type of 3D printing material owing to high demand from the healthcare, automotive, and aerospace & defense industries. Metals are available in different g color grades and majorly consumed in the powder form. Moreover, precious metals, such as gold and silver, are normally preferred for manufacturing jewelry.
The market in the automotive end-use industry is expected to register the highest CAGR between 2019 and 2024
The automotive industry is lucrative for 3D printing metals. 3D printing materials are used in making various auto parts and components in the automotive industry, such as engine parts, gears, front and backlight covers, chassis, front lids, fenders, and doors. Major car manufacturers such as Tesla, Inc. (US) and BMW Group (Germany) are highly inclined toward using 3D printing for manufacturing automotive components.
The 3D printing materials market in APAC is projected to register the highest CAGR, in terms of value and volume, between 2019 and 2024
APAC is the fastest-growing market and third major consumer of 3D printing materials, globally, owing to the industrial development and improving economic conditions. This region constitutes approximately 60% of the world’s population, resulting in the growth of the various industries, such as automotive, consumer goods, and construction. China, Japan, South Korea, and India are the major countries involved in 3D printing activities in APAC.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the 3D Printing Materials Market
4.2 3D Printing Materials Market, By Type
4.3 3D Printing Materials Market, By Form
4.4 3D Printing Materials Market, By Technology
4.5 3D Printing Materials Market, By Application
4.6 3D Printing Materials Market, By End-Use Industry
4.7 3D Printing Materials Market: Major Countries
5 Market Overview
126.96.36.199 Increasing Demand from the Aerospace & Defense and Automotive Industries
188.8.131.52 Mass Customization
184.108.40.206 Government Initiatives to Support the Adoption of 3D Printing
220.127.116.11 High Material Costs
18.104.22.168 Adoption of 3D Printing Technology in Home Printing
22.214.171.124 Growing Demand From the Educational Sector
126.96.36.199 to Produce Low-Cost 3D Printing Materials
188.8.131.52 Reducing Lead Time
5.2 Porter’s Five Forces Analysis
6 Macroeconomic Overview and Key Trends
6.2 Trends and Forecast of GDP
6.3 Trends in Aerospace Industry
6.4 Trends in Automotive Industry
7 3D Printing Materials Market, By Type
8 3D Printing Materials Market, By Form
9 3D Printing Materials Market, By Technology
10 3D Printing Materials Market, By Application
11 3D Printing Materials Market, By End-Use Industry
11.2 Aerospace & Defense
11.5 Consumer Goods
12 3D Printing Materials Market, By Region
12.2 North America
12.5 Latin America
13 Competitive Landscape
13.2 Competitive Leadership Mapping
13.2.1 Dynamic Differentiators
13.2.3 Visionary Leaders
13.2.4 Emerging Companies
13.3 Competitive Benchmarking
13.3.1 Product Offering
13.3.2 Business Strategy
13.4 Market Ranking
13.5 Competitive Scenario
13.5.1 New Product Development
13.5.2 Expansion & Investment
13.5.3 Merger & Acquisition
13.5.4 Joint Venture & Partnership
14 Company Profiles
14.1 3D Systems Corporation
14.2 Arkema S.A.
14.3 Royal Dsm N.V.
14.4 The Exone Company
14.5 Stratasys, Ltd.
14.6 General Electric
14.7 EOS GmbH Electro Optical Systems
14.8 Materialise NV
14.9 Sandvik AB
14.10 Hgans AB
14.11 Evonik Industries AG
14.12 Other Key Players
14.12.1 Voxeljet AG
14.12.2 Markforged Inc.
14.12.3 SLM Solutions Group AG
14.12.4 Impossible Objects, Inc.
14.12.5 Lpw Technology Ltd.
14.12.6 Envisiontec, Inc.
14.12.8 BASF New Business GmbH
14.12.9 ECO (ECO Industrial Co., Ltd)
For more information about this report visit https://www.researchandmarkets.com/r/fesohx
View source version on businesswire.com:https://www.businesswire.com/news/home/20190523005500/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:3D Printing
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 05/23/2019 10:46 AM/DISC: 05/23/2019 10:46 AM