3D Printing Materials Market (2023) High Growth Opportunities| Size, Share| Industry Review | Global Forecast | Emerging Trends | 3D Systems, Arcam AB, EnvisionTEC, EOS, Exone GmbH, Mcor Technologies

Global 3D Printing Materials Market 2020-2023 market report includes types, applications, regions analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry players. 3D Printing Materials Market report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.

Get a sample copy of the report at- https://www.marketreportsworld.com/enquiry/request-sample/12343846

The 3D printing materials market is expected to register a CAGR of 28.55%, during the forecast period (2018 - 2023). The scope of the market covers various holistic solutions offered by the leading vendors of the market. The scope is limited to the end-user applications in the industrial segment.

Top Manufacturers Listed in the 3D Printing Materials Market Report are:
o 3D Systems
o Arcam AB
o Envisiontec
o EOS Gmbh
o Exone GmbH
o Mcor Technologies Ltd
o Materialise NV
o Optomec
o Stratasys Ltd
o Hoganas AB
o Concept Laser and Renishaw

Detailed Overview about 3D Printing Materials Market:
With rapid advances in materials such as polymers and metals, 3D product manufacturing is evolving from prototyping to becoming a functional part of fabrication. New materials, shorter lead time and innovative finishes, while adhering to standards such as FDA, ASTM and ISO, are also enabling this technology to be integrated into manufacturing processes and supply chains. Further, the decreased prices for 3D materials and machines, coupled with growing expertise and awareness has increased the availability of and demand for these materials.

Increased investments in R&D to develop improved software and technology, coupled with the introduction of new combinations of printing materials are expected to spur the development of new equipment and applications, bolstering the growth of 3D printing materials market.

Demand for Light Weight Construction in Automotive and Aerospace Industry

Lightweight construction, flexibility in design & fabrication and energy conservation have spurred the demand for high-performance construction processes and materials across the aerospace and automotive industries. 3D additive manufacturing makes this design-driven construction a reality, enabling the production of complex structures that are stable, strong, lightweight, and offer capabilities beyond traditional subtractive manufacturing techniques. In the automotive landscape, owing to the of demand for high-strength parts to endure the rigors of high-speed racing, as well as the need to build complex geometries, and light weight construction, the automotive market giant Lamborghini hired Stratasys to design and print 3D automotive parts and components further, major market players in the aerospace industry, such as Boeing and Airbus have invested into developing 3D manufacturing-based airplane components and parts. For instance, Airbus hired Solid Concepts Inc. to design and produce 3D manufacturing-based titanium parts for structural components on a commercial aircraft, 787 Dreamliner aircraft. Also, with the added benefits of eliminating the need for custom tooling and design, the 3D production-based technology delivers cost-effective, on-demand, low volume as well as full batch production, making it an attractive alternative for the manufacture of aircrafts and automobiles. This has been a major driving force for the adoption of 3D printing materials.

Plastics to Hold the Largest Market Share

Plastics are widely used in the industry owing to many advantages such as cost-efficiency, ease of manufacture, etc., and a variety of material properties offered by the change in composition. Aerospace, medical and automotive industries lead the market for 3D printing materials. Plastics are used in the form of thermoplastics and many other polymers, such as Acrylonitrile butadiene styrene (ABS) Polylactic acid (PLA) Polyvinyl alcohol (PVA) Polycarbonate for many applications, such as the manufacture of prototypes hearing aids, etc. Industrial 3D printing manufacturing and materials are seeing a shift from prototype to production, indicating increasing industrialization with an increase in efficiency and reliability of the manufacturing process. In the medical industry, especially with dental applications, such as the prototyping of teeth was done by a clay modeled plastic, which can now be done by an orthodontist through a 3D scan of the teeth and create a model by 3D manufacturing. The number of applications in the medical field are also escalating with more than 15 million hearing aids printed and various printed dental appliances from aligners to crowns. All these factors have driven the adoption of plastic as a 3D printing material market.

United Kingdom to Hold the Second Largest Market in Europe

The UK government is making huge investments for developing 3D printing's potential in aerospace, by investing EUR 100 million into a new research center in Coventry, as well as launching a competition, giving USD 10 million funding to aerospace firms. This is driving the companies to increasingly use 3D manufacturing. Applications such as printing aircraft wings and parts in microgravity are foreseeable in the future. The UK is investing in 3D manufacturing R&D to maintain its place at the forefront of innovation in the global aerospace market. The concentration of the UK's higher education sector into 3D manufacturing needs to be more broadly recognized; primarily, the capabilities that have been developed through the support of Engineering and Physical Sciences Research Council support for innovative manufacturing. The impact on the plant locations of 3D manufacturing is diverse ranging from reducing costs and becoming more competitive with 3D printing. Because of the short and less effort-intensive value chain, companies perceive 3D product manufacturing as a chance to re-shore manufacturing back to western countries. This expectation is highest in the United Kingdom, with more than 60% of the population anticipating this change.

Key Developments

o September 2019 - Mcor Technologies Ltd announced that it is increasing its sales channels with the addition of new distributors across the United Kingdom, Germany, France, China, Taiwan and Korea. To meet strong demand for its printers, the company is ramping up staffing levels in the United States, Ireland and Korea, by 30% over the next six months.

o May 2019 - EOS partnered with Incodema3D, a leader in direct metal 3D printing, to grow their EOS machine portfolio by 50%. Incodema3D's most recent investment - two EOS M 290s and one EOS M 400, will join its existing portfolio of six EOS M 280s - providing its customers expanded production capabilities, enabling them to further capitalize on market opportunities with the latest in additive manufacturing technology.

Enquire before Purchasing this report at- https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12343846

Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states 3D Printing Materials market trend, import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions, and other regions can be added. 3D Printing Materials market forecast For the period of 2020-2023, this study provides the 3D Printing Materials sales, revenue and market share for each player covered in this report.

Reasons to Purchase the 3D Printing Materials Market Report:

- The report analyses how the shift towards safety will drive the global 3D Printing Materials market.
- Analyzing various perspectives of the market with the help of Porter's five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest 3D Printing Materials Market growth during the forecast period.
- Identify the latest developments,3D Printing Materials market shares and strategies employed by the major market players.
- Analyzing what will be the 3D Printing Materials Market size.

Major Points from Table of Contents:
1. Introduction
1.1 Scope of the Study
1.2 Executive Summary
2. Research Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Market Analysis
3.1 Market Overview
3.2 Industry Attractiveness - Porter's Five Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products
3.2.5 Competitive Rivalry
3.3 Value Chain Analysis
4. Market Dynamics
4.1 Market Drivers
4.1.1 Demand for Light Weight Construction in Automotive and Aerospace Industry
4.2 Market Restraints
4.2.1 Lack Of Skilled Workforce
5. Industry Policies
6. Technology Snapshot
7. Global Process Automation Market Segmentation
7.1 By Type
7.1.1 Plastics
7.1.2 Photopolymers
7.1.3 Metals
7.1.4 Ceramics
7.2 By Process Technology
7.2.1 Stereolithography Apparatus (SLA) & Digital Light Processing (DLP)
7.2.2 Fused Filament Fabrication (FFF) Processes
7.2.3 Jet printing
7.2.4 Powder Bed Fusion (PBF) Processes
7.2.5 Other processes
7.3 By End-User
7.3.1 Aerospace
7.3.2 Architecture
7.3.3 Automotive
7.3.4 Military
7.3.5 Healthcare
7.3.6 Others
7.4 By Geography
7.4.1 North America
7.4.1.1 United States
7.4.1.2 Canada
7.4.2 Europe
7.4.2.1 United Kingdom
7.4.2.2 Germany
7.4.2.3 France
7.4.2.4 Italy
7.4.2.5 Rest of Europe
7.4.3 Asia-Pacific
7.4.3.1 China
7.4.3.2 India
7.4.3.3 Japan
7.4.3.4 Others
7.4.4 Latin America
7.4.4.1 Brazil
7.4.4.2 Mexico
7.4.4.3 Argentina
7.4.4.4 Rest of Latin America
7.4.5 Middle East and Africa
7.4.5.1 UAE
7.4.5.2 Saudi Arabia
7.4.5.3 Israel
7.4.5.4 South Africa
7.4.5.5 Rest of Middle East and Africa
8. Competitive Intelligence
8.1 3D Systems
8.2 Arcam AB
8.3 EnvisionTEC
8.4 EOS Gmbh
8.5 ExOne
8.6 Mcor Technologies Ltd
8.7 Materialise NV
8.8 Optomec
8.9 Stratasys Ltd
8.10 Hoganas AB
8.11 Concept Laser
8.12 Renishaw
9. Investment Analysis
10. Future of the Market

Buy this report (Price 4250 USD for single user license) at- https://www.marketreportsworld.com/purchase/12343846

Address: Office No.- B, 2nd Floor Icon Tower,
Baner - Mhalunge Road, Baner,
Pune 411045, Maharashtra, India.

About Us: Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Market Reports World is the credible source for gaining the market reports that will provide you with the lead your business needs.

This release was published on openPR.