Market Research Future (MRFR) has revealed in its latest study that the global 3D printing material market is set to expand saliently striking a robust CAGR of 19% during the forecast period. The market is estimated by MRFR to reach a value over USD 1,500 Mn towards the end of the assessment period. The accelerated adoption of the technology across a wide range of industries is responsible for driving growth in the global 3D printing material market.
Global Key Players and Competition Analysis
The key players of 3D Printing Material market report include- Sandvik AB, Höganäs AB, Solvay S.A., EOS GmbH, Arcam AB Inc., 3D Systems Corporation, Royal DSM N.V., Arkema S.A. Inc., ExOne GmbH Inc., and Stratasys Ltd. Inc.
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The global 3D Printing Material Market is segmented into Application, Material and Region. Based on application market is segmented into automotive, healthcare, aerospace and defense, consumer goods and other. Based on Material Market is Segmented into Metal, Plastics, Ceramics and others. Based on Region market is segmented into North America, Europe, APAC, (RoW).
Europe has captured a significant share of the market. The region is expected to retain its dominance towards the end of the forecast period. The growth can be ascribed to the development and expansion of industrial area in the region. North America is an important growth pocket in the global 3D Printing Material Market. Furthermore, an increase in demand from the end-user countries is projected to be witnessed over the assessment period.
The increase in demand by end use industry is also acting as a major factor for its growth. The global 3D printing materials market is expected to cross USD 1,500 million at a CAGR of round 19% by the end of the forecasted period.
Browse the market data and information spread across 115 pages with 31 data tables and 16 figures of the report “3D Printing Material Market Research Report Forecast to 2022” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/3d-printing-material-market-1912
In August 2018, Mosaic Manufacturing, a Canada based 3D printing specialist, added ‘Palette 2’ to its product line. It is a device that facilitates multi-material printing in single-extruder FDM 3D printers.
In August 2018, a global leader in specialty chemicals, Evonik, has announced the development of its new product, which is the world’s first flexible plastic 3D printing material based on PEBA (polyether block amide).
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