Reports and Data estimates the global 3D Printing Materials competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global 3D Printing Materials during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include General Electric, 3D Systems Corporation, Hoganas AB, Stratasys Ltd., Royal DSM N.V., Arkema S.A., EOS GMBH Electro Optical Systems, Evonik Industries AG., Solvay, ExOne, LPW Technology Ltd., and Clariant.
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Restraint: High material costs
3D printing materials are expensive due to high purity and composition requirements. It is estimated that on an average metal materials used in 3D printing costs USD 500 per kilogram. As a result, use of such expensive materials can cause the price of final product to rise much higher than other products in the market. In addition, this printing technology also requires highly skilled labor to operate machines, as well as engineers to design prototypes virtually, which is expected to hamper market revenue growth during the forecast period.
Type Insights:
Based on type, the global 3D printing materials market is segmented into plastic, metal, ceramic, and others. The plastic segment is expected to register a rapid growth rate during the forecast period owing to increasing need for low cost, ease of manufacture, versatility, and water resistance. Plastics are widely used in manufacturing and prototyping owing to their durability and efficiency. Plastic 3D printing materials are used to create accurate and repeatable fixtures and jigs in manufacturing processes owing to advantages of productivity, durability, repeatability, and lower total costs. In addition, increasing need for streamlined workflows to accelerate digital design, create appearance models, and build functional prototypes is also expected to drive revenue growth of this segment.
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For the purpose of this report Reports and Data has segmented global 3D Printing Materials market on the basis of type, application, and region:
By Technology Outlook
- FDM
- SLS
- SLA
- DMLS
- Others
By Application Outlook
- Prototyping
- Manufacturing
- Others
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the 3D Printing Materials during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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