Global 3D Printing Materials Market 2016-2020

August 03, 2016
This market research report identifies players like Arcam, EOS, Hoganas, Solvay, and Sandvik to be the key vendors in the global 3D printing materials market. This research report also presents a detailed segmentation of the market by type, by printing methods, by end-users, and by geographies.

Overview of the global 3D printing materials market

Technavio’s market research analyst predicts the global 3D printing materials market to grow at a CAGR of more than 25% by 2020. The increase in the use of 3D metal printing for industrial applications is a major driver for the 3D printing materials market. Metal 3D printing finds wide industrial applications and is gaining better market share over plastics. Metal 3D printing is widely adopted for prototyping processes because it can produce complex shapes with shorter lead time. Some of the high valued products from 3D printing are aircraft engines and turbine components. Metal 3D printing is also used in manufacturing inserts, direct tooling, and molds with cooling channels in the tool and mold making segment. The industrial end users of such 3D printing technique include service bureaus, research institutions, and aerospace industry. Another development gaining traction in the market includes 3D bioprinting technology, which is used primarily in the healthcare sector.

EMEA is the fastest-growing region in the 3D printing materials market and is anticipated to register a CAGR of around 24% during the forecast period. Europe is the major revenue-contributing country in the EMEA region. Much of Europe’s growth comes from the automotive segment with Germany as a hub for the automotive industry. Growing investments in innovative technology R&D projects that use of 3D printing technology will have positive effects on the market growth in this region during the forecast period.

Competitive landscape and key vendors

The market is highly diversified and comprises several vendors. These vendors offer plastics, steel, nickel, cobalt-chrome, titanium, and aluminum 3D printing materials. The vendors in the market are focusing to increase their portfolio to cater to the growing demand and survive in the competitive market. The rapid growth rate of aerospace, healthcare, and automotive industries has propelled several vendors to make investments in these sectors. Vendors focus on accuracy and precision to sustain the competition in the market.

Leading vendors in the market are -

  • Arcam
  • EOS
  • Hoganas
  • Solvay
  • Sandvik

Other prominent vendors in the 3D printing materials market include Concept Laser, ExOne, and Renishaw.

Segmentation by type and analysis of 3D printing materials market

  • Plastics
  • Metals
  • Ceramics

The plastics segment dominated the 3D printing materials market in 2015 and accounted for around 50% of the total market share. A variety of plastics is used in 3D printing ranging from extremely hard plastic to soft rubber-like plastic materials. Plastics for 3D printing include resins, polymers, and composites such as ABS, polylactide, nylon, and photopolymers. Plastics can be used for a variety of 3D printing applications such as ornamental, mechanical, and educational applications such as bone structures.

Segmentation by printing method and analysis of 3D printing materials market

  • Binder jetting
  • Direct energy deposition
  • Material extrusion
  • Material jetting
  • Powder bed fusion
  • Sheet lamination
  • Vat photopolymerization

Binder jetting technology produces 100% dense objects by using an infiltrant such as a second binding metal like bronze. Owing to this, the products are made of blended metals and are predominantly used for prototyping. The major applications of this technology are prototyping, casting molds, and direct parts. 3D printing offers faster initial build speed, larger build sizes, and multiple part constructions. The prominent companies that use this technology include ExOne, 3D Systems, and Voxeljet.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global 3D printing materials market?
  • What are the key market trends impacting the growth of the global 3D printing materials market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global 3D printing materials market?
  • What are the market opportunities and threats faced by the vendors in the global 3D printing materials market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global 3D printing materials market?

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