The 3D
Printing Materials Market is forecast to grow in
double digits from 2013 to 2020 with a highest CAGR of 29.6% during the
forecast period. 3D
printing materials can be broadly classified into
Plastics, Metals, Ceramics and Others. These materials are used in 3D printers to
print three-dimensional objects which can be used in various applications like
consumer, aerospace and defense, automobiles, medical and so on. The materials
used in these printers are expanding rapidly and many new materials like PET,
Nylon and so on are entering in the market on regular basis. This 3D printing technology will
dominate other technologies in the future as it is virtually possible to print
any object given if you have a digital design of the required product.
Table
of contents and insights:
Among 3D printing materials, plastics can be further sub segmented into Polylactic acid (PLA), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Alcohol (PVA) and others. Metals can be sub segmented into titanium, stainless steel, silver and others and ceramics into silica, glass, porcelain and others. Apart from these, there are other materials such as chocolate, paper, biomaterials and so on which are under their initial phase in 3D printing and will revolutionize the industry in the future. Recent report published by IndustryARC analyses/elaborates all these types of materials and their respective applications in various industries like consumer, automobile, aerospace & defense, medical, and so on.
Medical
industry is expected to revolutionize in the future because of
biomaterials which were introduced to 3D printing recently. While plastics are
used to 3D print prosthetic parts and metals like titanium are used to replace
hard parts of the body like skull, biomaterials will be able to print organs
for the body which is a very big achievement to 3D printing industry.Recently
they were able to print many organs like heart, liver and so on by using this
technology and are currently using them for research purposes before starting
the medical trials.
Although
a lot of patents related to 3D printing industry have already expired, still
there are some patents that protect fundamental methods and research. These key
patents have expired in 2014, thus giving rise to high demand,
lower prices and a larger scope for technology betterment.
Geographically
the U.S. contributes to the majority of the materials market share and consumer
materials like plastics are expected to develop more in this region in the near
future as we notice the trend of increasing consumer 3D printers year
by year. Germany is the major industrial hub and its materials revenue is
mainly because of metal powders. Countries in APAC like China, India and Japan
have relatively smaller market but are expected to grow at the highest CAGR
compared to America and Europe.
Request
for Sample Data / Brochure:
http://industryarc.com/pdfdownload.aspx?id=186
In
short, 3D Printing
Materials Market is growing more rapidly than the 3D printers market as
it is not a one-time investment like 3D printers, as the printers needs to be
refilled regularly.
Related
Report You May Be Interested:
Global
Light Weight Coated Papers Market (2014-2020); By Finish (Matt, Gloss and
Others); By Application (Magazines, Catalogues and Others); By Geography
(Americas, Europe, APAC and RoW)
For
More Reports Click Here:
About
Us:
IndustryARC is a global market research and
business consulting firm based out of India. We have research centers across
Asia and Europe with consultants experienced in the following verticals -
Agriculture, Automotive, Chemicals and Materials, Energy and Power, Food and
Beverages, ICT, Electronics, Life sciences and Healthcare, Automation and
Instrumentation.
For
more details contact:
Mr.
Sanjay Matthews
Sales
Manager
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+1-614-588-8538 (Ext: 101)
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