The 3D
printing material market has undergone significant change in recent years, with
3D printing materials evolving from thermoplastics
and photopolymers to environment friendly 3D printing materials. The rising
wave of 3D additive manufacturing is creating huge potential for new 3D
printing material applications and driving demand for 3D printing
material/systems. The major drivers for this market are rapid acceptance of 3D
printing technology from prototyping, product designing, and concept modelling,
flexibility in use of multiple materials for 3D printing, and growing awareness
and market penetration of 3D printing technology in various end-use industries,
such as medical, aerospace, automotive, and consumer products.
In
this market, photopolymers, thermoplastics, metals, and ceramics are the major
material technologies used in 3D printing additives manufacturing. Innovation
in 3D printing materials technology, increasing spending on research and
development, ease of manufacturing of custom products, rapid product
development at low cost, and reduce material wastage are the major drivers of
3D printing material market. Photopolymers is the largest segment of 3D
printing materials market and is growing at an above average growth. Thermoplastics
and photopolymers are the best material technologies on the basis of build time
and part complexity. In terms of cost and ease of application, thermoplastics
are much better than other material technologies.
Within the technology trends in 3D printing
material market, Automotive is one of the fastest growing sectors due to
continuously focuses on development of new and innovative product. 3D printing
is growing its application in making prototypes, design testing, small parts
manufacturing, and also in printing large automotive parts.
Asia Pacific will be the largest region and it
is also expected to witness the highest growth over the over the forecast
period due to launch of innovative 3D printer and materials for use in various
end use industries resulted in breakthrough growth in demand of for printing
materials in the Asia Pacific region and entry of additive manufacturing technology
in low penetrated market created growth opportunity for 3D printing materials.
Emerging
technology trends, which have a direct impact on the dynamics of the industry,
include combining different materials in one 3D printer, custom printing for
medical industry and bio-printing, increasing use of metal 3D printing.
Stratasys, 3D Systems, The ExOne Company, EOS, and EnvisionTech are among the
major technology providers in the 3D printing material market.
Lucintel, a leading global
management consulting and market research firm with over 1,000 clients
worldwide, has analyzed the technologies used in 3D printing market and has now
published a comprehensive research report entitled “Technology
Trends in the Global 3D Printing Material Market 2019-2024: Trends, Forecast,
and Opportunity Analysis”. This report analyzes
technology maturity, degree of disruption, competitive intensity, market
potential and other parameters of various technologies in 3D printing material
market. This Lucintel report serves as a catalyst for growth strategy as it
provides comprehensive data and analysis on trends, key drivers, and
directions. The study includes trends and forecast for the technology trends in
the global 3D printing material market by end use industry, technology type,
and region as follows:
By Material Technology [Volume
(Tons) and $M shipment analysis for 2013 – 2024]:
- Photopolymers
- Thermoplastics
- Metals
- Ceramics
- Others
By End Use Industry [Volume
(Tons) and $M shipment analysis for 2013 – 2024]:
- Automotive
o
Photopolymers
o
Thermoplastics
o
Metals
o
Ceramics
o
Others
- Consumer Goods
o
Photopolymers
o
Thermoplastics
o
Metals
o
Ceramics
o
Others
- Medical
o
Photopolymers
o
Thermoplastics
o
Metals
o
Ceramics
o
Others
- Aerospace
o
Photopolymers
o
Thermoplastics
o
Metals
o
Ceramics
o
Others
- Others
o
Photopolymers
o
Thermoplastics
o
Metals
o
Ceramics
o
Others
By
Region [Volume (Tons) and $M shipment analysis for 2013 – 2024]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
This
200 page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com. Lucintel
offerings include advanced materials
reports, composite
materials market report, strategic growth
consulting, market research due diligence and business strategy
consulting.
About Lucintel
Lucintel, the premier
global management consulting and market research firm, creates winning
strategies for growth. It offers market assessments, competitive analysis,
opportunity analysis, growth consulting, M&A, and due diligence services to
executives and key decision makers in a variety of industries. For further
information, visit www.lucintel.com.
This report answers following 11 key
questions:
Q.1. What
are some of the most promising potential, high-growth opportunities for the technology
trends in the global 3D printing material market by end use industry (automotive,
consumer goods, medical, aerospace, and others), material technology (photopolymers,
thermoplastics, metals, ceramics, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2. Which
technology segments will grow at a faster pace and why?
Q.3. Which
regions will grow at a faster pace and why?
Q.4. What
are the key factors affecting dynamics of different material technologies? What
are the drivers and challenges of these material technologies in the global 3D
printing material market?
Q.5. What
are the business risks and threats to the technology trends in the global 3D
printing material market?
Q.6. What
are emerging trends in these material technologies in the global 3D printing
material market and the reasons behind them?
Q.7. Which
technologies have potential of disruption in this market?
Q.8. What
are the new developments in the technology trends in the global 3D printing
material market? Which companies are leading these developments?
Q.9. Who
are the major players in technology trends in the global 3D printing material
market? What strategic initiatives are being implemented by key players for
business growth?
Q.10. What
are strategic growth opportunities in this 3D printing material technology
space?
Q.11. What
M & A activities did take place in the last five years in technology trends
in the global 3D printing material market?
