3D Printing Materials Market Size And Analysis, Trends, Recent Developments, And Forecast Till 2030
Reports and Data estimates the global 3D Printing Materials competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global 3D Printing Materials during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include General Electric, 3D Systems Corporation, Hoganas AB, Stratasys Ltd., Royal DSM N.V., Arkema S.A., EOS GMBH Electro Optical Systems, Evonik Industries AG., Solvay, ExOne, LPW Technology Ltd., and Clariant.
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3D Printing Materials Overview :-
The global 3D printing materials market size is expected to reach USD 7,823.1 Million in 2028 and register a revenue CAGR of 21.5% during the forecast period. Increasing demand for polymers in 3D printing applications, large-scale manufacture of customized products, and rise in demand for 3D printing technology from aerospace & defense and automotive industries are some major factors expected to drive market revenue growth. 3D materials that are currently used for 3D printing are ABS, PLA, HIPS, PETG, Nylon, carbon fiber filaments, polycarbonate, polypropylene, metal filled filaments, wood, plastic, ceramics, and PVA. Several industries use this technology for large-scale production due to reduced production time, which results in lowering of input cost and production of goods with a better finish. Use of 3D printing materials to manufacture medical equipment and personal protective equipment during COVID-19 pandemic and also post pandemic created many opportunities for 3D printing companies and manufacturers globally. PLA and polyethylene terephthalate glycol (PETG) are mostly used in making face shields. Due to high resistance to temperature and outdoor weather conditions, and for being a food safe polymer, many healthcare companies use PETG material to produce face shields for customers. Increased use of PLA and PETG has contributed to growing demand for 3D printing materials globally.
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For the purpose of this report Reports and Data has segmented global 3D Printing Materials market on the basis of type, application, and region:
By Technology Outlook
· FDM
· SLS
· SLA
· DMLS
· Others
By Application Outlook
· Prototyping
· Manufacturing
· Others
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
· What is the expected year-on-year growth of the 3D Printing Materials during the forecast period?
· What key trends are expected influence revenue growth of the market going ahead?
· Which region is expected to account for largest revenue share over the forecast period?
· Which key companies are profiled in the report?
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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