Global 3D Printing Materials Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global 3D Printing Materials Market Report by The Business Research Company covers 3D printing materials market drivers and restraints, 3D printing materials market size, major players, and the impact of COVID-19 on the 3D printing materials market.
The 3D printing materials market consists of sales of 3D printing materials by entities (organizations, sole traders, and partnerships) that are used in the 3D printing process to create prototypes and parts of plastics and glasses. 3D printing is a form of additive manufacturing that involves building three-dimensional solid items by layering materials on top of each other.
The global 3D printing materials market is expected to grow from $1.09 billion in 2020 to $1.27 billion in 2021 at a compound annual growth rate (CAGR) of 16.4%. The growth in the 3D printing materials market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The 3D printing materials market is expected to reach $3.24 billion in 2025 at a CAGR of 26.4%.
The rising demand for 3D printing materials in the automotive industry is expected to propel the growth of the 3D printing materials market in the forecast period. 3D printing technology has enabled amazing breakthroughs in the automotive sector, starting from the ability to produce rapid prototypes to the widespread fabrication of final car parts and, finally, the 3D manufacturing of practically entire automobiles. The automotive industry has accepted 3D printing and is increasingly utilizing its capabilities regularly.
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Some 3D printing materials market trends include growing technological advancements. Major companies operating in the 3D printing materials sector are focused on developing new technologies to enhance design capabilities and improve the user experience.
Global 3D printing materials market segments include:
1) By Type: Polymers, Metal, Ceramic, Others
2) By Technology: Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (Sla), Direct Metal Laser Sintering (DMLS), Others
3) By Form: Powder, Filament, Liquid
4) By End-Use Industry: Automotive, Healthcare, Aerospace And Defense, Consumer Goods, Construction, Others
4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The 3D Printing Materials Global Market Report 2021: COVID-19 Growth and Change is one of a series of new reports from The Business Research Company that provides 3D printing materials market overviews, analyzes and forecasts market size, share, 3D printing materials market players, 3D printing materials market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The 3D printing materials identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read 3D Printing Materials Global Market Report 2021: COVID-19 Growth and Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Stratasys Ltd., 3D Systems, Arcam AB, Exone GmbH, Royal DSM N.V., CRP Group, Envisiontec GmbH, EOS GmbH Electro Optical Systems, Materialise, Höganäs AB, LPW Technology Ltd., GE Additive, Advanced Powders and Coatings, Formlabs, Toner Plastic, Taulman 3D, and Dutch Filaments.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The 3D Printing Materials Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The 3D Printing Materials Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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