DUBLIN, May 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "3D Printing Materials Market by Type (Plastics, Metals, Ceramics, and Others), Form (Filament, Powder and Liquid), Application, and by Region - Global Forecasts to 2021" report to their offering.
The global 3D printing materials market is projected to grow from USD 530.1 Million in 2016 to USD 1,409.5 Million by 2021, at a CAGR of 21.60% during the same period. The high growth of the market is due to the adoption of 3D printing technology in the U.S., Germany, and developing countries such as South Korea, Brazil, and China. The growing aerospace & defense, medical & dental, and automotive industries in these countries are driving the 3D printing materials market.
The major applications of 3D printing materials are aerospace & defense, medical & dental, automotive, and consumer goods. Other applications include fashion, electronics, art & sculpture, jewelry, food, and architecture. Aerospace & defense is estimated to be the fastest-growing application of the 3D printing materials market during the forecast period. Titanium-based 3D printing materials offer high strength and stiffness, resulting in greater demand in the medical and aerospace & defense applications.
The 3D printing technology has a wide range of applications in the consumer goods industry that is expected to drive the 3D printing materials market. In the 3D printing industry, mass customization is one of the latest developments that enable the designing of materials made by using either plastics or metals for various applications. Jewelers, watchmakers, and gadget manufacturers generally operate in regions where the technology is used extensively.
Since the evolution of 3D printing technology, new 3D printing materials are continuously added. With the growing technology and demand, the availability of materials in different forms from various suppliers is increasing rapidly. Powder is the major form used in the 3D printing technology that accounts for the largest share of the 3D printing materials market.
- Arcam AB
- Arkema S.A.
- CRP Group
- EOS GmbH Electro Optical Systems
- Envisiontec GmbH
- Exone GmbH
- LPW Technology Ltd.
- Royal DSM N.V.
- Stratasys Ltd.
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 3D Printing Materials Market, By Type
8 3D Printing Materials Market, By Form
9 3D Printing Materials Market, By Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
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SOURCE Research and Markets