3D Printing Materials Market worth $1,871 Mn by 2022 : Allied Market Research3D Printing Materials Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1,871 million by 2022, registering a CAGR of 18.3% during the period 2016-2022. Polymers segment is expected to remain the highest revenue-generating segment throughout the forecast period. U.S. held the leading position in the global market in 2015, and is expected to maintain its lead throughout the study period.
Get Free Access to TOC / Sample Report @ www.alliedmarketresearch.com/request-sample/193
The demand for 3D printing materials has witnessed tremendous growth, driven by the growth in sales of 3D printers (especially desktop printers), increased penetration in automotive, consumer products, aerospace and defense, healthcare, industrial sector, and others. 3D printing material market is in its development stage. All the industry players are investing immensely to find new commercial avenues for their product segments via strategic partnership and collaborations. Some of the major factors that drive the demand for 3D printing material includes expiration of key patents for 3D printers, availability of cheaper 3D printers, ease in prototype development, core and mold manufacturing, along with reduced complexities in manufacturing products or parts. However, factors such as toxicity to human beings and flora and fauna coupled with high cost of materials are expected to hamper the market growth during the forecast period. Growth in research and development, increasing industry collaboration, and increase in number of end-user industry will provide significant opportunities to the industry players across the value chain.
In 2015, Polymers was the largest material segment in the global 3D printing materials market. However, metals segment is expected to witness highest CAGR of 24.4% during the forecast period owing to growing penetration in industries such as aerospace and defense, healthcare, industrial sector, and others. Growth in investment towards research and development, towards material innovation and development of low cost printers is expected to fuel the demand phase of the 3D printing materials market
In 2015, automotive was the leading end-user segment with around one-fifth revenue share followed by healthcare and industrial sector. In automotive industry 3D printing material is primarily used for prototype development along with core and mold manufacturing.
Key Findings of the 3D Printing Materials Market
• Aerospace & defense market revenues are expected to witness highest CAGR of 19.6% during the forecast period.
• Automotive and consumer product end-user segments together accounted for 40% of the global market in 2015
• Polymers and metals segments together accounted for more than 90% market share in 2015.
• Automotive is the largest end user segment with around one-fifth market share in 2015.
• U.S. was the largest market in terms of demand for 3D printing materials in 2015.
• Powder form materials are expected to grow at a high CAGR of 19.7% during the forecast period
In 2015, North America accounted for almost half of the global demand for 3D printing material and is expected to maintain its lead position throughout the forecast period. Asia-Pacific is projected to be the fastest growing region, with a CAGR of 19.1% during the forecast period owing to the economic and industrial developments happening in the emerging economies.
Send Enquiry on this report @ www.alliedmarketresearch.com/purchase-enquiry/193
Major players in the industry are investing significantly on research and development to launch new materials for commercial applications at low cost. Key companies profiled in this report include 3D Systems Corp., Arcam AB, Arkema S.A., Royal DSM N.V., Exone GmbH, Stratasys Ltd., CRP Group, Envisiontec GmbH, EOS GmbH Electro Optical Systems, and LPW Technology Ltd.
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 3D Printing Materials Market worth $1,871 Mn by 2022 : Allied Market Research here
News-ID: 1268171 • Views: 289
More Releases from Allied Market Research
Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is
More Releases for Printing
Japan Packaging Printing In Global Market By Printing Technology: Flexography Pr …
Researchmoz added Most up-to-date research on "Japan Packaging Printing In Global Market By Printing Technology: Flexography Printing, Rotogravure Printing, Offset Printing And Digital Printing" to its huge collection of research reports. The global Packaging Printing market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role
Transparency Market Research has published a new market report titled “Printing Toners Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the printing toners market was valued at USD 2.91 billion in 2013 and is likely to reach USD 4.33 billion by 2020, expanding at a CAGR of 5.8% during the forecast period from 2014 to 2020. In terms of volume,
3D Printing Medical Devices
According to Stratistics MRC, the Global 3D Printing Medical Devices market is expected to grow from $0.77 billion in 2015 to reach $3.19 billion by 2022 with a CAGR of 22.6%. Huge investments in R&D and continuous technological advancements in 3D printing are the major factors driving the market. Furthermore, booming market for organ transplantation, increasing acceptance of 3D-printed implants and organs are some of the key factors fueling the
Kansas City Printing
Lenexa, KS – Colorstar Printing, a Kansas City printing & direct mail marketing company, today announced the launched of a newly re-developed website. Colorstar Printing has been a leading provider of commercial printing and direct mail marketing services in Kansas City since 1998. Small, medium and even Fortune 500 companies have selected Colorstar as a cost effective solution to outsource their printing needs. The company provides business
Color Printing Services
Agoura Hills, California – October 15, 2010 - Color Printing Pros has expanded its business card line with three new "wow factor" products. Color Printing Pros now offers its customers twenty point white and frosted plastic business cards with round corners, sixteen point silk laminated business cards, and ten point EndurACE waterproofs business cards. The three new offerings join the extensive existing line of business cards offered
The Onlineprinters GmbH expanded their Trusted Shops seal of excellence with a new evaluation portal – customer satisfaction is reflected in the website’s public evaluation system. Neustadt an der Aisch - With immediate effect the customers can publicly evaluate the online printers in their online shop and submit feedback on customer satisfaction. This is made possible by the customer evaluation portal of Trusted Shops, the leading European certifier of online shops