3D Printing Material Market 2019 | Growth – Key Futuristic Trends and Competitive Landscape 2022

Segmental Analysis:

The segmentation of the 3D Printing Material Market is carried out on the basis of Applications, Materials and Regions.

On the basis of Materials, the market is segmented into plastics, metals, ceramics, and others.

Based on Application, the market is segmented into healthcare, consumer goods, automotive, aerospace & defense, and others.

Finally, on the Basis of Region, the 3D Printing Material Market is segmented into Asia Pacific, North America, Europe and the rest of the world.

3D Printing Material Market – Overview:

The popularity of 3D Printing is motivating the requirement for 3D materials significantly as the demand gains further traction. Market reports connected with the chemicals and materials industry have been presented by Market Research Future which makes reports on other industry verticals that aims to analyze the current market scenarios better. The market is on course to attain USD 1,500 million while progressing at a CAGR of 19% in the duration of the forecast period.

The acceptance of 3D Printing processes has contributed in a major way to the development of the market for 3D Printing Materials. The increased presence of market competitors is adding favorably to the market’s expansion because of the elevated investment levels and research & development activities that are being initiated by them. Development of better and more efficient product options is expected to motivate the market’s progress in the coming years positively.

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Detailed Regional Analysis:

The regional analysis of 3D Printing Material Market covers regions such as Asia Pacific, Europe, North America, and the rest of the world. The European region is estimated to be the prime market in terms of market size because of the development and progress in the industrial area of this region. However, the APAC region is anticipated to reveal the fastest growth throughout the forecasted period.

Competitive Analysis:

The strategic goals intended for the market are reinforced due to favorable product differentiation carried out by market competitors. The growth of the market is moving in a favorable direction due to new product launches or rising gross revenue of the players in the market. Substantial reductions in administrative costs are inducing further expansion of the market. The vertical additions and product tactics of the market are boosting the potential of the market players. The development of a robust value chain is further motivating the development of the market. Increased adaptability of market players to new market trends and customers inclinations are lifting the growth curve of the market and will continue do so in the forecast period. The successful implementation of strategies is expected to motivate the market in the coming years.

The vital companies shaping the 3D Printing Material market are Höganäs AB, Royal DSM N.V., Solvay S.A., EOS GmbH, Arcam AB Inc., Sandvik AB, Arkema S.A. Inc., ExOne GmbH Inc., 3D Systems Corporation, and Stratasys Ltd. Inc.

Industry Updates:

Dec 2018 Researchers at the Department of Energy’s Oak Ridge National Laboratory, US have developed a renewable 3D printing feedstock using lignin, a biofuels byproduct. The group of researchers have reportedly merged a melt-stable hardwood lignin with conventional plastic, a low-melting nylon, and carbon fiber to make a composite with the right characteristics for extrusion and weld strength between layers through the printing process, as well as good mechanical properties.

Jan 2019 A Canadian bioplastic company, Advanced BioCarbon 3D (ABC3D), has created a wood-based bioplastic material for usage in 3D printing. ABC3D was registered among the top five hundred deep tech start-ups around the world by Hello Tomorrow, a French tech accelerator. The mission of ABC3D is to make sustainable carbon-free plastics for 3D printing to slow the worsening environmental situation. ABC3D’s bioplastic filament is created from waste wood, but the company is not in competing with the forestry companies.

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At Market Research Future (Mrfr), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (Crr), Half-Cooked Research Reports (Hcrr) and Market Research & Consulting Services.