Global 3D-Printed Composites Market, 2022 by Composite Type, Reinforcement Type, End-Use Industry Type & Technology Type - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The “Global 3D-Printed Composites Market by Composite Type, by Reinforcement Type, by End-Use Industry Type, by Technology Type, and by Region, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022” report has been added to ResearchAndMarkets.com’s offering.
The global 3D-Printed composites market is projected to reach US$ 111.1 million in 2022
In the composites industry, 3D printing technology is relatively new and unheralded, but it has now got successful in gaining ground, driven by an advancement in the 3D printing technologies, low part cycle time, an efficient process, compatibility with all possible material combinations, lower material wastage, and an organic growth of composite materials in the different industries.
Currently, most of the composite parts are fabricated through labor-intensive manufacturing processes, such as hand layup, which place this versatile material behind in the race compared with other competing materials in the mass-produced applications. Over the past two decades, composites industry has experienced a sheer transformation in the development of manufacturing process in terms of automation; however, end-use industries, such as automotive, are still demanding further reduction in the overall cycle time of finished parts. At the same time, they are also looking for such a process which curtails wastage during production. Here, 3D printing plays a vital role in delivering the customers’ expectation by making parts in lesser time with reduced wastage.
The global 3D-Printed composites market is segmented based on composite type as continuous fibers and discontinuous fibers. The continuous fiber is projected to remain the most preferred composite type for 3D printing during the forecast period of 2017 to 2022. Discontinuous fiber-based composite is also gaining market traction because of its higher strength.
Scope of the Report
Global 3D-Printed Composites Market by End-Use Industry Type:Aerospace & Defense Transportation Medical Consumer Goods Others
Global 3D-Printed Composites Market by Composite Type:Continuous Fiber Discontinuous Fiber
Global 3D-Printed Composites Market by Reinforcement Type:Carbon Fiber Composites Glass Fiber Composites Other Composites
Global 3D-Printed Composites Market by Technology Type:Extrusion Process Powder Bed Fusion Others
Companies Mentioned3D Systems Corporation Arevo Labs Cincinnati Incorporated Cosine Additive, Inc. CRP Group Graphite Additive Manufacturing Limited MarkForged, Inc. Oxford Performance Materials, Inc. Stratasys, Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/lvmdbz/global_3dprinted?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180614006226/en/
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Related Topics:3D Printing,Composites
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY
SOURCE: Research and Markets
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PUB: 06/14/2018 04:31 PM/DISC: 06/14/2018 04:31 PM