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The World Market for 3D Printing Materials (Plastic, Metal, Ceramic) 2019-2024: $4.5 Billion Opportunity Analysis - ResearchAndMarkets.com

May 23, 2019

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

1 Introduction

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

5.1 Introduction

5.1.1 Drivers Increasing Demand from the Aerospace & Defense and Automotive Industries Mass Customization Government Initiatives to Support the Adoption of 3D Printing

5.1.2 Restraints High Material Costs

5.1.3 Opportunities Adoption of 3D Printing Technology in Home Printing Growing Demand From the Educational Sector

5.1.4 Challenges to Produce Low-Cost 3D Printing Materials Reducing Lead Time

5.2 Porter’s Five Forces Analysis

6 Macroeconomic Overview and Key Trends

6.1 Introduction

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

7.1 Introduction

7.2 Plastic

7.3 Metal

7.4 Ceramic

7.5 Others

8 3D Printing Materials Market, By Form

8.1 Introduction

8.2 Filament

8.3 Powder

8.4 Liquid

9 3D Printing Materials Market, By Technology

9.1 Introduction

9.2 FDM

9.3 SLS

9.4 SLA

9.5 DMLS

9.6 Others

10 3D Printing Materials Market, By Application

10.1 Introduction

10.2 Prototyping

10.3 Manufacturing

10.4 Others

11 3D Printing Materials Market, By End-Use Industry

11.1 Introduction

11.2 Aerospace & Defense

11.3 Healthcare

11.4 Automotive

11.5 Consumer Goods

11.6 Construction

11.7 Others

12 3D Printing Materials Market, By Region

12.1 Introduction

12.2 North America

12.3 Europe

12.4 APAC

12.5 Latin America

12.6 MEA

13 Competitive Landscape

13.1 Introduction

13.2 Competitive Leadership Mapping

13.2.1 Dynamic Differentiators

13.2.2 Innovators

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.

14.12.7 Carbon

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

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Related Topics:3D Printing



SOURCE: Research and Markets

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