Press Release / Technology / Global 3D Printing Materials Market is projected to reach valuation in USD million by 2024

Global 3D Printing Materials Market is projected to reach valuation in USD million by 2024

3D Printing Materials Market: Explanation

3D printing technology has been in being some form for about 30 years, but the transformation occurring currently is increasing affordability of 3D printers and materials. 3D printing is a manufacturing process that deposits materials layer-by-layer to build a tangible product. It is demanded to have triggered a third industrial revolution because the technology presents new and expanding technical, economic and social impacts. Particularly, the increased accessibility to 3D printing capabilities has allowed mass customization to become more widespread in industries such as healthcare and consumer markets.

The 3D printing materials report gives an indication of key market forces propelling and restraining market growth. Additionally, the report also highlights market entry strategies for various companies across the globe. The report intends to provide market intelligence that help decision makers take sound investment evaluation. The report helps to identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global 3D printing materials market.

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3D Printing Materials Market: Overview
The global 3D printing materials market has gained remarkable growth owing to increasing demand from sectors such as aerospace & defense, medical and automotive. Moreover, adoption of 3D printing technology in home printing coupled with increasing financial support from government are fuelling the market growth.
Furthermore, the overall market is also being propelled by swiftly increasing demand from emerging countries. Introduction of new materials like graphene opens-up new applications for the market growth. However, the global 3D printing materials market is hampered by high capital investment and severe regulatory guidelines.

3D Printing Materials Market: Segmentation
Based On Material Type:
The global 3D printing materials market is segmented into
Polymers
Metals
Ceramics
Others (including wax and laywood)

Based On Form:
This market is segmented into
Filament
Powder and liquid
Based On Application:
The 3D printing materials market is divided into,
Industrial
Aerospace & defense
Medical
Automotive,
Electronics & consumer products
Other applications of this market include fashion, art & sculpture, jewellery, food, and architecture.

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3D Printing Materials Market: Top Key Manufacturers
Some of the key market players in the 3D printing materials include
3D Systems Group
ABB Group
Arcam AB
Arkema S.A.
CRP Group
Envisiontec GmbH
LPW Technolohy Ltd.
Royal DSM N.V.
Stratasys Ltd.

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