Global 3D Printing Materials Market accounted for $ 2.57 billion in 2021 and is expected to reach $ 11.95 billion by 2029 at a CAGR of 21.2 % during the forecast period.
3D Printing Materials Market Overview
The 3D Printing Materials market is covered in detail in the Maximize Market research report. The report focuses on emerging market trends and key growth factors in order to help market participants spot possibilities in the 3D Printing Materials market. The report includes a thorough analysis of the 3D Printing Materials market, as well as market financials such as market size from 2015 to 2020, with 2020 serving as the base year and forecast years 2022-2029. The Maximize Market Research report, categorizes the 3D Printing Materials industry by product type, application areas, and geographies, covers the market’s breadth and segments.
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3D Printing Materials Market Scope
The research estimates the size of the 3D Printing Materials market in terms of value and volume. It includes a thorough analysis of the market’s major drivers, restraints, and opportunities. Through Porter’s five forces analysis, the study examines the major elements that contribute to the growth of the 3D Printing Materials market. Furthermore, the 3D Printing Materials market participants have been profiled, with a particular emphasis on their product offers.
Market Dynamics:
The aeroplane sector has become an early adopter of 3D printing technology. The technology is extremely beneficial for producing complex parts. It gives designers the benefit of developing the best parts at the lowest possible cost and production feasibility. Metals are utilized in the manufacture of various aircraft parts, including wings, jigs, and engine parts. Titanium materials are commonly utilized as 3D printing materials in the aerospace sector because they have good mechanical qualities and high dimensional accuracy throughout production. 3D printing technology is transforming the automotive production process. The technology has allowed the market to create more sophisticated and lighter structures at lower costs. 3D-printed parts are used in supercars and concept automobiles. In the first quarter of 2018, Bugatti (France), a prominent automotive manufacturer revealed a 3D-printed brake caliper made from titanium.
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Segmentation:
By form, the filament market segment accounted for roughly 43% of the overall market in 2021. The distinctive characteristics and high melting temperatures of this sector are primarily to blame for its high share. These filaments are frequently used to create educational models, assembly parts, jigs and fixtures, and props. Due to their low thermal expansion and resistance to high temperatures, filaments made from carbon fibre are the most widely used in the market for 3D printing materials. Additionally, they have high corrosion resistance and don’t shrink after cooling.
The 3D printing materials market’s fastest-growing end-use category is the healthcare sector. Utilizing 3D printing technology, a number of medical products are produced, including surgical instruments, prosthetics and implants, and tissue engineering tools. Materials for 3D printing are also very useful in the medical fields of orthopaedics, dentistry, craniomaxillofacial surgery, and other related fields. Dentists are relying more and more on printed prosthetics as personalised dental models like bridges, crowns, implants, and dentures are developed.
Key Players:
• 3D Systems Corporation
• Arkema S.A.
• Royal DSM N.V.
• The Exone Company
• Stratasys Ltd.
• General Electric
• Materialize NV
• Sandvik AB
• Hoganas AB
• Evonik Industries AG
• Voxeljet AG
• Markforged Inc.
• SLM Solutions Group AG
• Impossible Objects Inc.
• LPW Technology Ltd.
• Envisiontec Inc.
• Carbon
• BASF New Business GmbH
• Eco-Industrial Co. Ltd.
• Forefront Filament
• Keene Village Plastics
• Clariant AG
• Airwolf 3D
• Lithoz GmbH
Regional Analysis
The research report gives a detailed analysis of the 3D Printing Materials market that is divided into regions. The report includes an evaluation of regional market participants operating in the market, as well as findings pertinent to the target 3D Printing Materials market. On a regional and country-by-country basis, the study evaluates the market in North America, Latin America, Europe, Asia Pacific (APAC), Africa, and the Middle East. Each region’s market is thoroughly researched, allowing for the discovery of regional market trends, constraints, and growth potential.
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Key Questions answered in the 3D Printing Materials Market Report are:
- What is 3D Printing Materials Market?
- What is the forecast period of the 3D Printing Materials Market?
- What is the competitive scenario of the 3D Printing Materials market?
- Which region held the largest market share in the 3D Printing Materials Market?
- What are the opportunities for the 3D Printing Materials Market?
- What factors are affecting the 3D Printing Materials market growth?
- Who are the key players of the 3D Printing Materials market?
- Which company held the largest share in the 3D Printing Materials market?
- What will be the CAGR of the 3D Printing Materials market during the forecast period?
- What key trends are likely to emerge in the 3D Printing Materials market in the coming years?
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