+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Material Jetting Process 3D Printing Market - Forecasts from 2022 to 2027

  • PDF Icon

    Report

  • 115 Pages
  • July 2022
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5649074
The Material Jetting Process 3D Printing market was valued at US$325.641 million in 2020 and is expected to grow at a CAGR of 22.98% over the forecast period to reach a total market size of US$1,385.081 million by 2027.

In the material jetting market, objects are created in a similar way to an inkjet printer. Three-dimensional printing with material jetting (MJ) is one of the best and fastest types of printing technology available today. The parts are built using liquid photopolymer droplets that are cured by ultraviolet light. Biomedical technology makes significant use of the material jetting market. Biofilms form on the surfaces of medical devices, which cause the majority of infections in healthcare. The material jetting process makes it possible to print devices with precise shapes, sizes, and morphology. This revolutionary technology has been used to create human tissues, pressure-sensitive fingers, and smart limbs. For example, in August 2021, Desktop Health, Digital Metal, Inc.'s business unit dedicated to creating 3D printed and bio- fabricated items, plans to launch a turnkey metal-binding jetting system for dental labs in addition to the release of chrome-cobalt for dental applications.

Additionally, the ability to print multiple materials in one print reduces manufacturing time and resources. Several materials may be used in different areas of the product, making it possible to customize it. Rather than printing materials separately and then combining them, this method prints all layers at once. Material jetting is the only market that can produce a complete product from unique materials in one production run. As low as 15 microns of layer resolution can be achieved through the printing process.

Growth Factors:

Multiple applications in various industries lead to market growth


This technology is ideal for prototyping as well as tooling, because of its benefits. Material jetting, for example, lets designers create highly accurate, full-color prototypes from a variety of materials. The Audi Pre-Series Centre is a good example of this: Audi has been able to speed up its design verification process using Stratasys' material jetting technology. Furthermore, in an announcement from Volkswagen in June 2021, the German automaker said it was expediting the use of 3D binder jetting printing processes for vehicle manufacturing in the coming years. Material jetting is increasingly being used in the medical industry to create realistic anatomical models for educational as well as preoperative planning and training purposes. University and hospital doctors can print full-color anatomical models that look like human parts using Material Jetting. They facilitate training for medical students, as well as assist surgeons in planning and preparing procedures more efficiently than they would be able to with a 2D image. For example, with the help of material jetting technology, the Austrian 3D printing company Addion GmbH is designing ultra-realistic surgical eye models with the help of Stratasys PolyJet technology to better prepare for critical surgeries. Additionally, material jetting is a good choice for the production of molds and casting patterns at low volumes. Furthermore, as part of its plans for a Sand 3D Printing Network in North America, the ExOne Company, a global leader in industrial 3D printers, utilizes binder jetting technology to create a Sand 3D Printing Network for aerospace, automotive, agricultural, and other manufacturers to cast cores and molds by using 3D technologies. Injection molds and investment casting tools can be created much faster and at a lower cost thanks to material jetting 3D printing technology, an advancement that isn't possible with traditional tooling manufacturing.

Restrain:

Weak in strength and time taking


Typically, only viscous materials can be successfully printed using material jetting. Although it is currently not easy to use viscous materials in the printing process, a few are available. When compared with SLS and other 3D printing techniques, the objects produced with material jetting tend to be weaker. Material-jetted parts are generally unsuited to functional applications. Material jetting is typically used to produce parts for which aesthetics are more important than function. Furthermore, speed constraints limit the application of material jetting. A part that is created by this process takes more time to build because the material is deposited in small droplets over a small area. These factors pose a hindrance to the growth of the material jetting market.

The Effect of COVID-19 on the Material Jetting Process in the 3D Printing Market A global shortage of medical supplies was caused by the COVID-19 pandemic that left many countries scrambling for supplies. In this chaotic situation, additive manufacturing (AM) offered an alternative method to rapidly-produce desired products, easing the strain on healthcare systems and manufacturing environments. As a result of the pandemic, the entire 3D printing technology market has benefited, and so has the 3D printing market for material jetting.

Segmentation

By Technology

  • MJ
  • NPJ
  • DOD

By Material

  • Plastic
  • Metal
  • Wax

By Geography

  • North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Europe
  • Germany
  • France
  • United Kingdom
  • Spain
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Asia Pacific
  • China
  • India
  • South Korea
  • Taiwan
  • Thailand
  • Indonesia
  • Japan
Frequently Asked Questions about the Material Jetting Process 3D Printing Market

What is the estimated value of the Material Jetting Process 3D Printing Market?

The Material Jetting Process 3D Printing Market was estimated to be valued at $325.64 million in 2020.

What is the growth rate of the Material Jetting Process 3D Printing Market?

The growth rate of the Material Jetting Process 3D Printing Market is 22.9%, with an estimated value of $1385.08 million by 2027.

What is the forecasted size of the Material Jetting Process 3D Printing Market?

The Material Jetting Process 3D Printing Market is estimated to be worth $1385.08 million by 2027.

Who are the key companies in the Material Jetting Process 3D Printing Market?

Key companies in the Material Jetting Process 3D Printing Market include Solidscape Inc, Xjet, 3D Systems, Inc., Sculpteo, 3D Hubs and Stratasys Ltd..

Table of Contents

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. Threat of New Entrants
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. MATERIAL JETTING PROCESS 3D PRINTING MARKET, BY TECHNOLOGY
5.1. Introduction
5.2. MJ
5.3. NPJ
5.4. DOD
6. MATERIAL JETTING PROCESS 3D PRINTING MARKET, BY MATERIAL
6.1. Introduction
6.2. Plastic
6.3. Metal
6.4. Wax
7. MATERIAL JETTING PROCESS 3D PRINTING MARKET, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. South Korea
7.6.4. Taiwan
7.6.5. Thailand
7.6.6. Indonesia
7.6.7. Japan
7.6.8. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Solidscape Inc
9.2. Xjet
9.3. 3D Systems, Inc.
9.4. Sculpteo
9.5. 3D Hubs B.V.
9.6. Stratasys Ltd.

Companies Mentioned

  • Solidscape Inc
  • Xjet
  • 3D Systems, Inc.
  • Sculpteo
  • 3D Hubs
  • Stratasys Ltd.

Methodology

Loading
LOADING...