BOSTON, August 4, 2016 /PRNewswire/ --
IDTechEx Research, a leading provider of independent market research, business intelligence and events on emerging technology announces the availability of a new report, 3D Printing Materials 2016-2026: Status, Opportunities, Market Forecasts.
The market for desktop thermoplastic extrusion 3D printers is growing. 3D printing is no longer used only for one-off pieces and prototypes, but for final part production of items with reduced and simplified assembly, quicker design iterations, greater design freedom, mass customisation and minimal material wastage.
Many types of businesses, including education, oil and gas, military, architecture, and medical research, are increasingly making prototypes, models and final products for sale. 73% of 3D printing filament by mass is sold to professionals with desktop machines.
This growing market of professionals is demanding better quality filaments. There are thousands of engineering thermoplastics and only a few are available in filament form. Engineers are searching to print prototypes in the same material the final product will be made in. Product designers want to 3D print objects in materials they are used to using.
IDTechEx predict a wider range of thermoplastic filaments will become available over the next couple of years, mostly due to pressure from professional and industrial users. This will open new applications and easier certification in a number of industries.
3D Printing Materials 2016-2026: Status, Opportunities, Market Forecasts contains comprehensive coverage of the key materials available for 3D printing, including thermoplastic filaments, photopolymers, thermoplastic powders and metal powders, as well as alternative ways to print metals, biomaterials, ceramics and conductive materials. 29 materials suppliers have been interviewed and profiled. The report contains comprehensive market data including detailed forecasts, and using information from interviews with 90 key players in the industry and disclosed financial information, IDTechEx estimates key materials are expected to have a total market of over $9bn by 2026.
IDTechEx provides companies with tools that can assist them in making essential strategic decisions in emerging technologies. IDTechEx offers research reports, subscriptions, consultancy, introductory services and events.