Showing posts with label 3d printing. Show all posts
Showing posts with label 3d printing. Show all posts

Monday, May 9, 2016

3D Printing Materials Market Analysis; Market Trends, Future Forecast (2015-2020)

The 3D Printing Materials Market is forecast to grow in double digits from 2014 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.

Among 3D printing materials, Plastics can be further sub segmented into Poly lactic 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.

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 and its demand increases based on the number of 3D printers in the market.


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CONTACT:
Sanjay Matthews
Sales Manager
#: +1-614-588-8538 (Ext: 101)

Wednesday, November 25, 2015

3D Printing Materials Market Poised to Grow at a Whopping CAGR of 29.5% by 2020

3D Printing has begun to flourish in various application areas including aerospace, automobile, consumer, and medical. The materials used for these purposes vary accordingly. As per IndustryARC analysis the 3DP materials market has revenue of $351.4 Million as of 2013 where consumer 3D printing is the major market share of 46% in 2013. Consumer 3D printers majorly uses plastic and the consumption of plastics is expected to increase dramatically in the future as the number of consumer printers shipped are showing the trend of doubling each year till 2020 which will also affect the consumption of plastics in a positive way. Metals have unique properties which increases their demand in various applications. At present, 3D printing of metals is widely used in applications such as aerospace and defense, automobiles and so on and it is slowly penetrating into various other applications.


**To Know more About “3D Printing Materials Market”, Download Sample Brochure of Premium Report:


Aerospace industry widely uses Titanium which is very much lighter compared to other metals and has great strength. So using these parts will increase the efficiency of the spacecraft. But its use is limited because of high cost, for instance: one kilo of 3D printing titanium will cost around $200-$300 as compared with other metals such as aluminum, steel and so on. But its consumption is expected to increase not only in aerospace but also in other applications as the cost of 3D printed titanium powder is expected to fall below $100 (a kilo) as the U.K. based Metalysis have developed a cost efficient way to produce low cost titanium powder for 3D printing.

Currently, plastics are the most widely used materials in additive manufacturing due to the growth in consumer 3D printing industry and some of the important plastics include ABS, PLA, PVA and PET. ABS and PLA together accounted for 70.0% of the global 3D printing plastics market. With the invention of home 3D printers that uses plastic filaments to 3D print of any object, the demand for these materials has grown tremendously and this trend is expected to continue in the next five years.


**For Report Description, Table of Contents, Companies Covered and Customization Options, Follow the Below Report Link:


Metals are the strongest materials available in the market, but are extremely expensive. Metals such as: steel, titanium, aluminum, copper, silver, gold, nickel, cobalt and others. Metal 3D printing is a costly method and hence, metal materials are limited to high-end applications like aerospace and automobiles. A range of other manufacturing materials that can be used for 3D printing include: nylon, glass-filled polyamide, epoxy resins, wax and paper. This report published by IndustryARC has defined market for each of these materials with respective applications for each region and major countries. Major manufacturers of 3D printing materials like 3D Systems, Stratasys, Materialise N.V., and EOS GmbH and so on are analyzed and profiled in this report. Stratasys Ltd. and 3D Systems are the two key market players in the 3DP materials industry. While Stratasys occupies 34% of the market, 3D Systems has a market share of 32% of the global additive manufacturing materials market.

Huge investments are pouring into this industry through various sources for various research purposes, which would result decrease in prices of available products and also develop new 3DP materials in the future which would increase the demand of these products. Even various government bodies like National Aeronautics and Space Administration (NASA) and others have also started to explore the 3D printing market. Consumer 3D printing industry is growing at a rapid rate of approximately 40% compared to any other industry in 3D printing and the consumer 3D printers were expected to reach 1 million shipments in 2013 with most of its demand from North America.




**Premium Market Research Report on “3D Printing Materials Available”. To Procure, Contact Our Sales manager.


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.


CONTACT:
Sanjay Matthews
Sales Manager
#: +1-614-588-8538 (Ext: 101)

Monday, October 26, 2015

With the Introduction of Titanium in 3D Printing Industry, the Market for 3D Printing Materials is Rising at a Fast Pace.

The 3D printing materials market is forecast to grow in double digits from 2014 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.


*To Know More About “3D Printing Materials Market”, Download Sample Brochure of the Premium Report:


Among 3D printing materials, plastics can be further sub segmented into Poly lactic acid (PLA), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Alcohol (PVA) and others. ABS and PLA together accounted for 70.0% of the global 3D printing plastics market. With the invention of home 3D printers that uses plastic filaments to 3D print of any object, the demand for these materials has grown tremendously and this trend is expected to continue in the next five years.


*For More Info on “3D Printing Materials”, Follow the Below Report Link:


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.

Aerospace industry widely uses Titanium which is very much lighter compared to other metals and has great strength. So using these parts will increase the efficiency of the spacecraft. But its use is limited because of high cost, for instance: One Kilo Of 3D Printing Titanium will cost around $200-$300 as compared with other metals such as aluminum, steel and so on. But its consumption is expected to increase not only in aerospace but also in other applications as the cost of 3D printed titanium powder is expected to fall below $100 (a kilo) as the U.K. based Metalysis have developed a cost efficient way to produce low cost titanium powder for 3D printing.

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 and its demand increases based on the number of 3D printers in the market.


**Premium Market Report on “3D Printing Materials Market” Available. To Evaluate a Purchase, Contact Our Sales Manager.


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.


**Contact:
Sanjay Matthews
Sales Manager
#: +1-614-588-8538 (Ext: 101)