Lucintel anticipates the global 3D printing materials market to grow with a CAGR of 18.2% over the next five years 2015-2020

The global 3D printing materials market is expected to grow with a CAGR of 18.2% over 2015-2020. The major drivers of the 3D printing materials market are rapid acceptance of 3D printing technology from prototyping, product designing, and concept modelling to final product manufacturing, growing awareness and market penetration of 3D printing technology in various application sectors, such as medical, aerospace, automotive, and consumer products. Decreasing price of 3D printers is fostering its wide acceptance and leading the growing demand of 3D printing materials. North America is expected to remain the leading region because of the growth in end use applications market in emerging markets, such as India and China. Heavy investment by the regional players on research and development and extensive expansion in product portfolio contributed to high consumption of 3D printing materials.
Lucintel, a leading global management consulting and market research firm, has analyzed the global 3D printing materials market by applications, material types, and regions, and has come up with a comprehensive research report, “Global 3D Printing Materials Market 2015-2020: Trends, Forecast, and Opportunity Analysis.” This report provides an analysis of global 3D printing market, including the market trends, growth opportunities, key drivers, emerging trends, and company profiles of the leading suppliers in the market. The study also includes forecast of global 3D printing materials market through 2020, segmented by applications, material types, and regions as follows:

The global 3D printing materials market by applications:
• Automotive
• Consumer Products
• Medical
• Aerospace
• Other Applications

The global 3D printing materials market by material types:
• Photopolymers
• Thermoplastics
• Metals
• Ceramics
• Others

The global 3D printing materials market by regions:
• North America
• Europe
• Asia Pacific
• Rest of World
On the basis of its comprehensive research, Lucintel forecasts that majority of the applications for the 3D printing materials will have good growth during 2015-2020. Medical along with consumer products segments are expected to emerge as the largest market for 3D printing materials in 2020. Stratasys Ltd., The ExOne Company, 3D System, Arcam AB, and EOS GmbH Electro Optical Systems are among the major suppliers of 3D printing materials. The industry players are going for partnership and strategic alliances to deliver unique solutions and to meet the constantly changing industry demands of customers.
This 173-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com . You can also contact us through Live Chat in its website to answer your questions in real time. Lucintel offerings include Advanced Materials Reports, Composite Materials Market Report, SWOT Matrix, Due Diligence and Mergers & Acquisitions.

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A, and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.

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This release was published on openPR.