openPR Logo
Press release

3D Printing Materials Market expanding at an 18.0% CAGR between 2014 and 2020.

3D Printing Materials Market expanding at an 18.0% CAGR between

The 3D printing materials market is at its nascent stage and thus, a number of regional players are expected to enter the market in the coming years, indicating robust growth in the near future. Despite being pitted against existing players with a strong customer-base, the threat of new entrants is expected to be high in the future, states a TMR analyst.

The 3D printing materials market is fragmented moderately with 3D Systems, Inc., Stratasys Ltd., Voxeljet AG, and ExOne GmbH accounting for around 70.0% of the total market in 2013. Intense rivalry exists among manufacturers with respect to product range and price, suggests Transparency Market Research. Thus, to achieve higher margins, various companies are acquiring other companies or forming strategic partnerships. Merger activities are also high among regional or local firms so as to increase their market shares. The degree of competition is likely to remain high in the coming years.

Read report Overview-

https://www.transparencymarketresearch.com/3d-printing-materials-market.html

Rising Need for 3D Printing in Educational Sector Boosts Demand for 3D Printing Materials

3D printing technology has applications in the automotive, architecture, electronics, consumer goods, education, and medical sectors. The decreasing cost of 3D printers is one of the main reasons behind their extensive use in various sectors. Additionally, 3D printers find various applications in the military and defense sectors, which will heighten the demand for 3D printing materials.

Request PDF Brochure -

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3605

Governments of various nations have increased their funding and are willing to experiment with 3D printing technology. For instance, the Chinese government has announced US$6.5 mn as research funding for developing key 3D printing technologies. The Japanese government has announced that it will make use of 3D printers in educational settings. Similarly, the government in South Korea is expected to have a huge demand for 5800 3D printers by 2017 for 5,865 schools across the nation. Thus, there will be a heightened demand for 3D printing materials.


Request for Customization @https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=3605

High Cost of Materials Restricting Wide-scale Adoption of 3D Printing Materials

The manufacturing of 3D printing materials requires the use of materials such as metals, plastics, and ceramics. However, it is not possible to print a large variety of products from these aforementioned materials without additional preparation before being used in a 3D printing machine. This acts as a challenge for players in the market. Further, the cost of 3D printing materials is very high, which can cause huge losses to manufacturers during prototyping operations. The high material cost also reduces the profit margin for manufacturers.

Buy Now :
https://www.transparencymarketresearch.com/checkout.php?rep_id=3605<ype=S

Demand for 3D Scanners to Open New Growth Avenues

The 3D printing industry is continuously re-inventing itself. Some companies have developed 3D scanners capable of scanning objects in 3D. The availability of 3D printers and scanners is encouraging customers to scan products at home and print them. The demand for 3D scanners is expected to grow in the future as an increasing number of consumers need to create their own CAD files. This will also increase the demand for 3D printing materials and open new doors for companies in the market.

North America to Lead in Global 3D Printing Materials Market

By product, the plastics segment is expected to lead the market in the future and account for 56.8% of the global printing materials market. Electronics and consumer products was the largest application segment in 2013. On the basis of geography, the global printing materials market was led by North America in 2013, followed by Europe, and it is expected that the former will continue to lead the market in the future.

According to the report, the global market opportunity in 3D printing materials will rise from US$450 mn in 2013 to US$1.4 bn by 2020, expanding at an 18.0% CAGR between 2014 and 2020.

This information is based on the findings of a report published by Transparency Market Research titled "3D Printing Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020."

Read our Case study at :

https://www.transparencymarketresearch.com/casestudies/chemicals-and-materials-case-study

Contact

Transparency Market Research,

90 Sate Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports strive to provide clients to serve their overall research requirement.

This release was published on openPR.

Permanent link to this press release:

Copy
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 expanding at an 18.0% CAGR between 2014 and 2020. here

News-ID: 2058031 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for Printing

Printing Shop Singapore: A Comprehensive Guide to Shirt Printing and Name Card P …
Image: https://www.getnews.info/uploads/77eaa7fd01d4e9a00273658898560459.png In Singapore's bustling metropolis, the printing industry thrives, catering to a wide array of needs from corporate branding to personal projects. Among the numerous printing services available, t shirt printing [https://printvolution.sg/product/wearables/cotton-shirt/] and name card printing stand out for popularity and necessity. PrintVolution, a premier printing shop in Singapore [https://printvolution.sg/], offers top-notch services in these areas, ensuring high-quality results for all clients. Shirt Printing Singapore Shirt printing has become increasingly popular in
Commercial Printing Services Market Size, Share Analysis, Trends, Growth And For …
The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033 The Business Research Company presents an extensive market research report on the ""Commercial Printing Services Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments. Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities,
Security Printing Market Security Printing Market
Security Printing Market: An Overview Increased cases of forgery and counterfeiting practices are anticipated to drive the security printing market over the forecast period. Counterfeiting practices are particularly prevalent in bank notes, passports, postage stamps, identity cards, stock certificates, and contraband. Security printing helps in prevention of tampering and forgery of the instruments mentioned above. Obtain Report Details @ https://www.transparencymarketresearch.com/security-printing-market.html The key end market verticals in security printing market includes Banking, Financial Services
Retail Security Tags Market by Technology (Barcode, Radio Frequency Identificati …
Retail security tags are used to attach a single or multiple products to identify, track, and count products. These are used by various companies and retail outlets to count and trace products. These offer benefits, such as automation, cost efficiency, security, and accuracy, in tracking inventory through supply chain network and retail environment. The global retail security tags market is driven by rise in security measures in retail industry and decline
Textile Printing Machine Market by Type (Rotary screen textile printing, Automat …
According to a new report published by Allied Market Research, titled, Textile Printing Machinery by Product type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the textile printing machinery market was valued at $7,309 million in 2016, and is projected to reach at $10,220 million by 2023, growing at a CAGR of 5.0% from 2017 to 2023. Asia-Pacific is expected to be the leading contributor to the global textile
Global UV Cured Printing Inks Market By Application – Flexographic, Gravure Pr …
Researchmoz added Most up-to-date research on "Global UV Cured Printing Inks Market By Application – Flexographic, Gravure Printing, Offset Printing, Digital Printing and Screen Printing" to its huge collection of research reports. Global UV Cured Printing Inks market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and