3D Printing Materials and Services Market Projected to Surpass USD 29.56 Billion by 2023 | CAGR: 40.24% | Envisiontec GmbH, Stratasys, Arkema SA, Royal DSM NV, Arcam AB, 3D Systems Group, CRP Group, LPW Technolohy, ABB

Marketprognosis.com Publish a New Market Research Report On “Global 3D Printing Materials and Services Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global 3D Printing Materials and Services Market:

The Global 3D Printing Materials and Services Market was estimated at USD 5.45 Billion in 2017 and is projected to reach USD 29.56 Billion by 2023, at a CAGR of 40.24% over the forecast period.

This technology has been used by companies for prototyping purposes for decades and is slowly being integrated into final products. 3D printing materials come in varieties like plastic, metal, ceramic etc. to offer raw material solutions to various industries like automotive, aerospace, defense and others.

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The 3D printing materials and services market is driven by the growth of the 3D printing market and a vast array of upcoming applications. With the introduction of materials like graphene, new application sectors of 3D printed electronics and automotive have opened up. Judicial implementation of the technology offers opportunities to re-structure the entire supply chain for many industries. Recent technological advancements have brought down the cost of getting objects 3D printed while increasing the speed of the process. Considerable support is also being seen from some governments to promote R&D of the technology. The market is restrained by very high initial inventory investment and expensive materials to sustain growth.

The market segment by type is led by plastic, but metal is expected to grow owing to its increase in the number of applications. By form, the market is segmented into liquid, filament and powder. Application in the automotive sector is growing due to the introduction of 3D printed technology in manufacturing hybrid vehicles. Consumer goods like electronics and home appliances are high-potential sectors, as the cost of producing finished products goes down.

Regionally, the US is the biggest market for 3D printing technology in the world. Germany contributes to approximately 33% of the total European market. Analyses indicate that China shall become the fastest growing 3D printing market in the world.

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Major Key Players:

1 Envisiontec GmbH

2 Stratasys Ltd.

3 Arkema S.A.

4 Royal DSM N.V.

5 Arcam AB

6 3D Systems Group

7 CRP Group

8 LPW Technolohy Ltd.

9 ABB Group

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of 3D Printing Materials and Services Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.