According to the new market research report by IndustryARC titled “3D Printing Materials Market: By Type (Plastics [PLA, ABS, PVA], Metals [Titanium, Steel, Silver], Ceramics [Glass, Silica, Porcelain], Others); By Form (Filament, Powder, Liquid); By Application (Aerospace, Automotive, Industrial, Healthcare); By Geography - (2018-2023)”, the market is driven by the growing demand for 3D printing materials from the healthcare industry.
North America continues to lead the market share during 2018-2023:
North America holds the major market share of 3D Printing Materials, followed by Europe and Asia-Pacific. North America is the leading producer of 3DP materials globally, occupying almost 60% of the global market share. U.S. holds the majority of the market share followed by Canada in North America.
To access the full report browse the link below:
https://industryarc.com/Report/186/3d-printing-materials-market.html
In terms of growth rate, Asia-Pacific is projected to register highest growth rate of 30.8% CAGR throughout the forecast period, followed by Europe and North America. Europe is projected to register the second largest market share during the forecast period and expected to reach $1.28 billion by 2023 at 30.4 % CAGR.
Selected / Sample Analysis done in the full Report:
Manufacturing involves the transition of crude raw materials received in various forms such as filaments, powders, liquids and others, which are compatible with 3D printers. Plastics, which are usually cheap and can be procured in bulk, require a great deal of processing to make 3D printing compatible.
Excerpts on Market Growth Factors Mentioned in the Full Report:
Increasing use of 3D printers and its materials in household applications is projected to escalate the market growth during the forecast period.
The rising demand for 3D printing materials like various types of biomaterials in medical industry is expected to drive the demand and growth.
Companies Citied / Interviewed
ARCAM
ENVISIONTEC GMBH
EXONE GMBH
MATERIALISE N.V.
VOXELJET AG
And 20+ more
Related Report:
3D Printing Analysis
https://industryarc.com/Report/18389/3d-printing-market-research-report-analysis.html
3D Printing in Construction Market
https://industryarc.com/Report/18090/construction-3d-printing-market.html
What can you expect from the report?
The Printing Materials Industry Report is Prepared with the Main Agenda to Cover the following 20 points:
Market Size by Product Categories
Market trends
Manufacturer Landscape
Distributor Landscape
And more
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About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.
We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.3D Printing Market, 3D printing in Materials, 3D printing in Chemicals, Printing market, chemicals Market
Metal 3D printing has been one of the emerging markets in the modern world with a considerable contribution to the global gross domestic product (GDP).
For instance, in the aerospace sector, Boeing has started using titanium parts for its structural components in its Dreamliner 787 aircraft, supplied by Norsk Titanium.
Another aviation giant, GENERAL ELECTRIC, has started using 3D printed cobalt-chrome fuel nozzles for its Leading Edge Aviation Propulsion (LEAP) aircraft engines.
In medical and healthcare, products such as dental frameworks, bio-implants, and surgical instruments are developed through metal 3D printing.
The automotive industry has witnessed an entry-level adoption of metal 3D printing, particularly at the prototype stage.
For instance, ASTM International has proposed a standard F3303 which addresses methods of qualifying processes and 3D printers, which are utilized for the development of parts using laser or electron beam powder bed fusion.
