Skip to main content

3D Printing Materials Market to Reach US$ 2.3 Bn by 2023: Credence Research

According to a new market research report published by Credence Research “3D Printing Materials(Metals, Plastics, Ceramics, Others) Market - Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 - 2023”, the global 3D printing market stood at US$ 630 Mn in 2015 and is estimated to expand with a CAGR of 18.2% from 2016 to 2023. The overall 3D printing materials volume stood over 2.6 kilotons in 2015.
Market Insights:
3D printing materials refer to the raw materials used for product development through 3D printing. The specialty of these materials is there better flexibility, durability and stability. 3D printing can be achieved using a vast array of materials which are available in different states (powder, resins, filament etc.). However, specific materials are being developed for use in dedicated end-use of 3D printing. Some of the most popular materials used in 3D printing include plastics, metals and ceramics among others. Particularly, materials such as polyamide, titanium, paintable resin, silver, gold, alumide, stainless steel and bronze are commonly used for 3D printing.
The 3D printing materials market goes hand-in-hand with the 3D printers’ adoption worldwide. Thus, with the rise in penetration of 3D printers globally, the demand for materials will rise substantially. With the rise in 3D printing based manufacturing, the demand for materials is estimated to witness high growth in the coming years. Till date, the 3D printing technology is used in various applications such as jewelry, consumer goods, industrial design, aerospace, construction, automotive, healthcare, geographic information systems and others. This creates large room for the 3D printing materials industry. In addition, the market growth is also driven by the ongoing advancements in the materials designed for 3D printing.
Competitive Insights:
Similar to the 3D printers market, the global 3D printing materials market is quite fragmented in nature with large number of players striving to establish their remarkable presence in the market. Typically, companies provide both 3D printers as well the required material to their customers, thus providing an entire product suite.
The market players emphasize on development of materials for specific applications in 3D printing. 3D printing technology companies are increasingly focusing on having their own materials division. Thus, there can also be observed a trend of investment and acquisitions for strengthening position in the materials sector.
Key Trends:
·        3D printing for manufacturing end-use products rather than simply prototyping
·        Development of 3D printing materials for specific applications
·        Acquisition of other players for strengthening position
·        Focus on specific applications such as residential, automotive and healthcare
·        Emphasis on high performance metallic and plastic materials
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global 3D Printing Materials Market
2.2 Global 3D Printing Materials Market, By Material
2.3 Global 3D Printing Materials Market, By Application
2.4 Global 3D Printing Materials Market, By End-user
2.5 Global 3D Printing Materials Market, By Geography
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Popular posts from this blog

Commercial Avionics Market To Reach US$ 30.7 Bn By 2025: Credence Research

According to a new market research report published by Credence Research “ Commercial Avionics Market  (By System Type– Flight Control and Management Systems, Display Suites, Radio Tuning and Communication Systems, In-flight Entertainment Systems; By Channel: Forward Fit and Retrofit; By Aircraft Type: Fixed Wing and Rotary Wing) - Growth, Future Prospects, Competitive Analysis and Forecast 2017 - 2025”, the global commercial avionics market was valued at US$ 16.7 Bn in 2016 and is expected to grow at a CAGR of 7.1% during the forecast period from 2017 to 2025. The complete report is available at  http://www.credenceresearch.com/report/commercial-avionics-market Market Insights Commercial avionics industry has witnessed sustainable growth in the recent on account of various factors such as continued demand for commercial aircrafts across the world. However, with technological advancements and rise of stringent norms towards to the use of advanced electronics in aircraf...

Opioid Induced Constipation Drugs Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016–2022: Credence Research

The latest market report published by Credence Research “ Global Opioid Induced Constipation Drugs Market  - Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016-2022,” the opioid induced constipation drugs market was valued at USD 1,933.2 Mn in 2015, and is expected to reach USD 2,779.24 Mn by 2022, expanding at a CAGR of 4.6% from 2016 to 2022; where North America is has the largest market share. Browse the full report at  http://www.credenceresearch.com/report/opioid-induced-constipation-oic-drugs-market Market Insights Opioids affect the gastrointestinal tract by increasing the required time for moving stool from the gastric system. Opioids also partially paralyze the digestive system thus leaving food remains in the GI tract for a longer time period. They also reduce digestive secretions and the urge to defecate. According to this report, North America is the largest OIC drugs market and is valued at USD 794.5 Mn in 2015. North A...

Global Clinical Nutrition – Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2022

According to the latest report published by Credence Research, Inc. “ Clinical Nutrition Market  Growth, Future Prospects and Competitive Analysis, 2016-2022,” the clinical nutrition market was valued at USD40.5Bn in 2015, and is expected to reach USD55.9 Bn by 2022, expanding at a CAGR of 4.6% from 2016 to 2022. Browse the full report Clinical Nutrition:Market Growth, Future Prospects and Competitive Analysis, 2016-2022 at  http://www.credenceresearch.com/report/clinical-nutrition-market Market Insights Growing geriatric population, rise in number of malnutrition patients, escalating birth rate and premature births are some of the major factors that urge the demand for clinical nutrition products. Malnutrition affects millions of individuals worldwide, its prevalence is much higher in draught affected and economically backward regions. On the other hand, the number geriatric individuals is...