3D printing is a machine-based process in which three-dimensional solid objects are made via a computer containing blueprints or digital files of the object. This is a revolutionary method that utilizes inkjet technology to save time and money by eliminating the need to design, print, and assemble different parts. 3D printing materials are used to manufacture solid objects. These materials are of different types such as plastics, metal, ceramics, and other materials. They are used by designers, engineers, architects, surgeons, and other professionals to make representative models for clients and students. As per Allied Market Research, the global demand for 3D printing materials was valued at $578 million in 2015 and is expected to grow with a CAGR of 18.3% during the forecast period to reach $1,871 million in 2022.
Currently, North America is the largest market for 3D printing materials in terms of demand, followed by Asia-Pacific and Europe. In Asia-Pacific, Japan is the largest market whereas in Europe, Germany holds the largest share. In the coming years Asia-Pacific is expected to grow rapidly due to developments in emerging countries such as China, India, Korea, and others. The 3D printing materials market is expected to register substantial growth in the near future due to rapidly growing industries such as aerospace and defense, healthcare, and automotive. Metal materials are expected to dominate the market in terms of growth rate during the forecast period. However, high cost associated with the techniques and materials is expected to restrict the market growth.
The report segments the 3D printing materials by type, form, end-user industry, and geography. On the basis of type, it is divided into polymers, metals, ceramics, and others. According to form, it is diversified into powder, filament, and liquid. On account of end-user industry, the 3D printing material market is distributed into automotive, consumer products, healthcare, aerospace and defense, industrial, personal/prosumer, education and research, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East & Africa).
Recent development in the 3D printing material market include release of Ultimaker CPE, Ultimaker PC, Ultimaker Nylon, and Ultimaker TPU 95A (3D printing materials) by Ultimaker, a Netherlands-headquartered company in September, 2016. Similarly, at the same time, Nexeo Solutions, a Germany-based company, launched Nexeo3D to mark its entry into 3D printing material market.
KEY MARKET BENEFITS:
This report provides an extensive analysis of the current and emerging market trends and dynamics in the global 3D printing material market.
In-depth analysis is conducted by constructing market estimations for key market segments between 2014 and 2022.
Geographically, the 3D printing material market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA. It also includes country analysis of major countries in each geographic region.
This study evaluates competitive landscape and value chain to interpret the competitive environment across various geographies.
Comprehensive analysis of factors that drive and restrict the growth of the global 3D printing material market is provided.
Exhaustive analysis of the global 3D printing material market by type predicts the major material used currently along with the ones that would gain prominence in the future.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the framework.
KEY MARKET SEGMENT:
The 3D Printing Materials Market is segmented as below:
ABS (Acrylonitrile Butadiene Styrene)
PLA (Polylactic Acid)
By End-User Industries
Aerospace & Defense
Education & Research
Rest of Europe
Rest of Asia-Pacific
Rest of LAMEA
Key Players profiled
3D Systems Corp.
The Arkema Group
Royal DSM N.V.
LPW Technology Ltd.
Other major players in the industry includes
Advanced Powders and Coatings
Cookson Precious Metals
1.1. KEY MARKET BENEFITS
1.2. KEY MARKET SEGMENTS
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools and models
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market snapshot
2.2. CXO perspective
CHAPTER 3. MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Value chain analysis
3.4. Porters five forces analysis
3.4.1. Bargaining power of suppliers
3.4.2. Bargaining power of buyers
3.4.3. Threat of substitutes
3.4.4. Competitive rivalry
3.4.5. Threat of new entrants
3.5. Market dynamics
188.8.131.52. Modernized manufacturing and new material introduction will foster industrial growth
184.108.40.206. Growing penetration of bio-based materials
220.127.116.11. Extensive Acknowledgement of 3D printing Technology
18.104.22.168. Resource efficiency of 3D printing
22.214.171.124. Capability to reduce animal poaching by creating replicas of animal products
126.96.36.199. High cost of materials
188.8.131.52. Health concerns from exposure to toxic substances used in printing
184.108.40.206. The ExOne process
220.127.116.11. Significant growth opportunities in various end-user industries
18.104.22.168.1. AEROSPACE AND DEFENSE INDUSTRY
22.214.171.124.2. CONSUMER PRODUCTS
126.96.36.199.3. AUTOMOTIVE INDUSTRY
188.8.131.52.5. ENERGY SECTOR
184.108.40.206. Energy and GHG emission reduction
220.127.116.11. 3D printing promotes entrepreneurship
3.6. Regulatory Framework: 3D Printing Material Market
3.6.1. North America
3.6.2. Middle East
3.7. Emerging trends in 3D Printing materials Market
3.8. Key Incidents that Shaped 3D Printing Materials Market
3.8.1. Expiration of Stratasys Patent in 2009 (US patent 5121329)
3.8.2. Expiration of 3D Systems Patent in 2014 (US patent 5597589)
CHAPTER 4. WORLD 3D PRINTING MATERIAL MARKET, BY TYPE
4.1.1. Market size and forecast
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.2.4. Acrylonitrile Butadiene Styrene (ABS)
4.2.5. Polylactic Acid (PLA)
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast
4.4.4. Silica Sand
4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast
CHAPTER 5. WORLD 3D PRINTING MATERIAL MARKET, BY FORM
5.1.1. Market size and forecast
5.2.1. Market size and forecast
5.3.1. Market size and forecast
5.4.1. Market size and forecast
CHAPTER 6. WORLD 3D PRINTING MATERIAL MARKET, BY END USER
6.1.1. Market size and forecast
6.2. Consumer Products
6.2.1. Market size and forecast
6.3.1. Market size and forecast
6.4. Aerospace and Defense
6.4.1. Market size and forecast
6.5.1. Market size and forecast
6.6.1. Market size and forecast
6.7. Education and Research
6.7.1. Market size and forecast
6.8. Personal/ Prosumer
6.8.1. Market size and forecast
6.9.1. Market size and forecast
CHAPTER 7. WORLD 3D PRINTING MATERIAL MARKET, BY GEOGRAPHY
7.1.1. Market size and forecast
7.2. North America
7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.8. Rest of Europe
7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast
7.4.7. Rest of Asia-Pacific
7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast
7.5.5. South Africa
7.5.6. Rest of LAMEA
CHAPTER 8. COMPANY PROFILE
8.1. 3D Systems, Inc.
8.1.1. Company overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments
8.2. Arcam AB
8.2.1. Company overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments
8.3. CRP TECHNOLOGY S.r.l.
8.3.1. Company overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Key Strategic Moves and Developments
8.4. ENVISIONTEC, INC.
8.4.1. Company overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Key Strategic Moves and Developments
8.5. EOS GmbH-Electro Optical Systems
8.5.1. Company overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Key Strategic Moves and Developments
8.6. ExOne GmbH
8.6.1. Company overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments
8.7. LPW Technology Ltd
8.7.1. Company overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Key Strategic Moves and Developments
8.8. Royal DSM N.V.
8.8.1. Company overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments
8.9. Stratasys Ltd.
8.9.1. Company overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments
8.10. THE ARKEMA GROUP
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments
- Other players in the value chain include
Advanced Powders and Coatings
Cookson Precious Metals
The demand for 3D printing materials has witnessed tremendous growth, driven by the growth in sales of 3D printers (especially desktop printers), increased penetration in automotive, consumer products, aerospace and defense, healthcare, industrial sector, and others. 3D printing material market is in its development stage. All the industry players are investing immensely to find new commercial avenues for their product segments via strategic partnership and collaborations. Some of the major factors that drive the demand for 3D printing material includes expiration of key patents for 3D printers, availability of cheaper 3D printers, ease in prototype development, core and mold manufacturing, along with reduced complexities in manufacturing products or parts. However, factors such as toxicity to human beings and flora and fauna coupled with high cost of materials are expected to hamper the market growth during the forecast period. Growth in research and development, increasing industry collaboration, and increase in number of end-user industry will provide significant opportunities to the industry players across the value chain.
In 2015, Polymers was the largest material segment in the global 3D printing materials market. However, metals segment is expected to witness highest CAGR of 24.4% during the forecast period owing to growing penetration in industries such as aerospace and defense, healthcare, industrial sector, and others. Growth in investment towards research and development, towards material innovation and development of low cost printers is expected to fuel the demand phase of the 3D printing materials market
In 2015, automotive was the leading end-user segment with around one-fifth revenue share followed by healthcare and industrial sector. In automotive industry 3D printing material is primarily used for prototype development along with core and mold manufacturing.
Key Findings of the 3D Printing Materials Market
Aerospace & defense market revenues are expected to witness highest CAGR of 19.6% during the forecast period.
Automotive and consumer product end-user segments together accounted for 40% of the global market in 2015
Polymers and metals segments together accounted for more than 90% market share in 2015.
Automotive is the largest end user segment with around one-fifth market share in 2015.
U.S. was the largest market in terms of demand for 3D printing materials in 2015.
Powder form materials are expected to grow at a high CAGR of 19.7% during the forecast period
In 2015, North America accounted for almost half of the global demand for 3D printing material and is expected to maintain its lead position throughout the forecast period. Asia-Pacific is projected to be the fastest growing region, with a CAGR of 19.1% during the forecast period owing to the economic and industrial developments happening in the emerging economies.
Major players in the industry are investing significantly on research and development to launch new materials for commercial applications at low cost. Key companies profiled in this report include 3D Systems Corp., Arcam AB, Arkema S.A., Royal DSM N.V., Exone GmbH, Stratasys Ltd., CRP Group, Envisiontec GmbH, EOS GmbH Electro Optical Systems, and LPW Technology Ltd.