#3D printing materials Market
Explore tagged Tumblr posts
Text
3D Printing Materials Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2023-2033
The market for 3D printing materials is anticipated to reach an estimated value of US$ 6.6 billion by 2033, up from US$ 1.8 billion in 2023, and grow at a compound annual growth rate of 14.2% between 2023 and 2033.
During the projection period, it is expected that the market for 3D printing materials will grow at an astounding 14.2% CAGR. Worldwide sales of 3D printers are being driven by the quick uptake of technologically superior production equipment across numerous industries, which is anticipated to expand the market in the upcoming years.
Raw materials used for 3D printing include plastics, ABS, PLA, metals & powders, carbon fibers, and resins. The market is being supported by the growing trend of using 3D printers to produce a range of small and large products.
Additionally, the market is anticipated to develop as 3D printing is increasingly used in the building and construction industry. Additionally, it is projected that the rise of the automotive, aerospace, electronics, and medical industries will continue to be a major growth driver of the global market for 3D printing materials.
North America is anticipated to continue to be a lucrative region in the global market for 3D printing materials, according to FMI. The rapid commercialization of cutting-edge technology like 3D printing across a variety of businesses in the area is responsible for the growth.
Key Takeaways:
By material type, sales in the metal segment are forecast to grow at a 14.9% CAGR over the assessment period.
Based on form, demand for powder 3D printing materials is projected to increase at a 13.5% CAGR through 2031.
In terms of applications, sales in the automotive sector are forecast to gain traction at a 13.6% CAGR over the forecast period.
The U.S. will emerge as a lucrative pocket in the North American 3D printing materials market.
Sales in the China 3D printing materials market are projected to increase at a 15.2% CAGR through 2031.
Competition Landscape
Key market participants in the global 3D printing materials market elaborated in the report include Covestro AG, Arkema S.A., Sandvik A.B., Evonik Industries A.G., EOS GmbH Electro Optical Systems, Ultimaker B.V., Hoganas AB, The EXONE Company, General Electrics, 3D Systems Corporation, Materialise NV, STRATASYS LTD, and MARKFORGED Inc.
Key market participants are focusing on the development of innovative 3D printing products to improve their product portfolios. Besides this, players are also investing in mergers, acquisitions, and collaborations to expand their global presence.
For instance:
In April 2021, Sandvik and its subsidiary BEAMIT Group announced a new capacity for additive manufacturing components in super-duplex stainless steel, an alloy that combines mechanical strength with extremely high corrosion resistance.
3D printing materials Market By Category
By Material Type:
Plastics
Metals
Ceramics
Others
By Form:
Filament
Powder
Liquid
By Application:
Electronics & Consumers
Automotive
Medical
Industrial
Education
Aerospace
Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact Us:
Future Market Insights Inc. Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA T: +1-347-918-3531 For Sales Enquiries: [email protected] Website: https://www.futuremarketinsights.com LinkedIn| Twitter| Blogs | YouTube
0 notes
Text
3D Printing Materials Market: Regional Insights and Global Growth Prospects
0 notes
Text
Ceramic Substrates Market Will Reach USD 11,740.8 Million By 2030
In 2023, the ceramic substrates market was valued at USD 7,721.3 million. Forecasts indicate it will grow significantly, reaching USD 11,740.8 million by 2030, with a projected compound annual growth rate (CAGR) of 6.3% between 2024 and 2030. This growth of the industry can be credited to the increasing need for such materials in many sectors and the trend of the reduction of electronic…
View On WordPress
#3D Printing Materials Market#ceramics#Competitive Landscape#composites#growth prospects#innovations#Investors#Key players#Manufacturers#market drivers#metals#polymers#regulatory landscapes#researchers#Technological advancements#Trends
0 notes
Text
#3d Printing Materials Market#3d Printing Materials Market Trends#3d Printing Materials Market Growth#3d Printing Materials Market Industry#3d Printing Materials Market Research#3d Printing Materials Market Report
0 notes
Text
3D Printing Materials Market by Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027
The global 3D Printing Materials Market, spanning North America, Europe, EMEA, and APAC regions, including key countries like the US, Canada, China, Germany, and the UK, anticipates a significant upsurge.
Forecasted between 2022 and 2027, the market is set to witness a substantial USD 3,786.41 million increase, boasting an impressive Compound Annual Growth Rate (CAGR) of 22.51%. This growth trajectory reflects a burgeoning demand for 3D printing materials across diverse regions and markets, indicating a transformative phase for the industry.
As innovation drives this 3D Printing Materials Market expansion, industry players strategize to leverage this promising trend, fostering a landscape ripe for technological advancements and market dominance.
#3D Printing Materials Market#3D Printing Materials Market Size#3D Printing Materials Market Share#3D Printing Materials Market Analysis#3D Printing Materials Market Report
0 notes
Text
3D Printing Materials Market Size, Share, Report 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global 3D printing materials market size at USD 2.1 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global 3D printing materials market size to grow at a robust CAGR of 17.6% reaching a value of USD 6.51 billion by 2029. Major growth drivers for global 3D printing materials market include an increasing need for polymers in 3D printing, a rising demand for mass customization, and government initiatives to encourage and facilitate the adoption of 3D printing. The global 3D printing market is expected to further expand due to the rising demand for 3D printing, as well as the increased demand for better quality materials in various industries such as automotive and aerospace. Also, the use of 3D printing reduces the risk of errors and is highly advantageous for production, leading to an increase in market growth during the forecast period. However, high cost of 3D printing materials, equipment, and maintenance and limited availability of high-quality and specialized 3D printing materials are anticipated to restrain the market growth during the period in analysis.
Global 3D Printing Materials Market - Overview
3D printing, also known as additive manufacturing, is a process that produces an object in three dimensions using 3D printing materials. Initially, simple thermoplastics and wax were used for 3D printing, but now, diverse materials in powder, liquid, and filament form are widely used. The automotive industry can drive market growth in the future by using technologies such as Fused Filament Fabrication (FFF) to create prototypes and end-use components. 3D printing materials and equipment allow speedy prototyping and find their end-users in creating molds, grips, and fixtures. The increasing demand for 3D printing from the aerospace and defense industries will drive 3D printing materials and equipment market share. It offers flexibility in product design and helps in producing highly detailed and sleek models.
Sample Request @ https://www.blueweaveconsulting.com/report/3d-printing-materials-market/report-sample
Impact of COVID-19 on Global 3D Printing Materials Market
COVID-19 adversely affected the global economy and caused uncertainty in all industries, including the 3D printing materials market. However, the healthcare sector experienced a surge in demand for medical equipment and devices required for COVID-19 treatment. This increased demand for medical equipment and personal protective equipment created opportunities for 3D printing companies globally. PLA and PETG materials were predominantly used to produce face shields due to their high resistance to temperature and weather conditions, contributing to the growing demand for 3D printing materials worldwide. In 2021, the global 3D printing materials market recovered due to the rising demand from the healthcare and industrial sectors worldwide. Hospitals and healthcare organizations are increasingly seeking environmentally friendly printing materials and 3D printers to produce critical equipment.
Global 3D Printing Materials Market – By Type
By type, the global 3D printing materials market is divided into Plastics, Metals, and Ceramics segments. The plastic type segment held the highest share in the global 3D printing materials market due to several factors. Plastic is a widely available and affordable material, making it a popular choice for 3D printing. Additionally, plastics offer a wide range of properties that make them suitable for various applications. For example, ABS (Acrylonitrile Butadiene Styrene) is commonly used for prototyping and functional parts due to its durability and resistance to impact. PLA (Polylactic Acid) is another popular plastic used in 3D printing due to its biodegradability and sustainability. Furthermore, advancements in 3D printing technology have made it possible to produce high quality plastic parts with complex geometries and intricate details, making it a preferred choice for a wide range of industries.
Competitive Landscape
Major players operating in the global 3D printing materials market include Stratasys, 3D Systems, Arkema, Royal DSM, EOS GmbH, Materialise NV, Evonik Industries AG, SABIC, BASF SE, CRP Technology Srl, EnvisionTEC, Solvay SA, HP Inc., Carbon Inc., and Dow Chemical Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Contact Us:
BlueWeave Consulting & Research Pvt. Ltd
+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662
0 notes
Link
TOP 10 COMPANIES IN DENTAL 3D PRINTING MATERIALS MARKET
#healthcare#Dental 3D Printing Materials Market#Dental 3D Printing Materials#Dental 3D Printing#Dental#3D Printing Materials Market#3D Printing Material#3D Printing Materials#3D Printing#Printing Materials#health
0 notes
Text
Seeing crochet clothing being 'in' now is always kind of frustrating as someone who can actually crochet for shit (evidence attached) because as much as I'd love to be able to maybe sell some of that work, ultimately you can't compete with that store (machine?)grade shit. A crochet maxi-skirt made from granny squares is selling for AUD $60. AUD $60 wouldn't even cover the cost of the materials (in a nice, wearable quality yarn). :/
Well at least when I make something I know it's not gonna be basic bitch shit -
#kerytalk#crochet#fuck corpos#I guess I can file this under that#also no joke this has been on the last row for nearly a year because I'm just 'if I finish it what the fuck do I do#I think it cost me idk ... 150? AUD for materials#this is just acrylic but it doesn't feel shit#I flip flop on starting a small business for money because I do have a lot of creative hobby knowledge I can sell#crochet and then I can make seed-bead earrings#I can sew decent too#made a bunch of masks during the pandemic#I just really do not have the energy to market that shit though#right now I'm considering learning to sculpt jewellery for 3D printing#but I think I'd need someone to team up with because managing that commercially is beyond me#I GUESS#ventpost
26 notes
·
View notes
Text
I Also specialized in farmtoy model
#3d printing market analysis#3d printing market overview#3d printing market research#3d printing market share#3d printing market size#3d printing industry#3d printing materials#3d printing in healthcare#3d printing plastics market#3d printing
3 notes
·
View notes
Text
the conversation on artist merch and manufacturing is one i'm interested in because i like having my digital pictures as physical objects now and then and i don't know enough about the ethics or economics of it to have a real stance on it, but i do know enough about it to know that a lot of the folks talking about it don't know enough to be talking about it
#the last acrylic charm i got was from an artist in mexico who either owns a laser cutter or visits the manufacturer frequently#and her prices were about the same as everyone else's#so it can probably be done ethically (labor-wise) w/o much change in costs but you can't know if it's ethical unless you know the workers#CoL is one thing but so is the fact that some countries have more manufacturers who cater to that market than others#i've done a quick look into US plastic cutting companies and they often don't have the *printers* necessary for this kind of work#or they cater toward advertising so they're not interested in anything other than printing a logo on 200 keychains#but if we start talking about materials? it never ends#an enamel pin or acrylic charm is more durable than anything your typical indie artist can make at home#the plastic and emissions that go into artist merch is so small compared to what big companies are doing#and you can't blame the consumption of plastic goodies on american tastes without sounding ignorant of like. the world.#but that doesn't justify putting more plastic out there y'know?#there's also the 3rd angle of “artist merch is better when it's more diy”#which i agree with in the sense that i don't particularly like going to reptile shows and seeing the same 3d printed toys everywhere#but that's not a concrete issue so much as sellers responding to a market where those things sell best#people like colorful goodies. there's not much that can be done about that.#it's a lot more nuanced than a lot of folks want to say but nuance doesn't interest people and it doesn't get notes
2 notes
·
View notes
Text
Revolutionizing Industries: 3D Printing Materials Market Set to Surge to US$ 6.6 Billion by 2033
The market for 3D printing materials is anticipated to reach an estimated value of US$ 6.6 billion by 2033, up from US$ 1.8 billion in 2023, and grow at a compound annual growth rate of 14.2% between 2023 and 2033.
During the projection period, it is expected that the market for 3D printing materials will grow at an astounding 14.2% CAGR. Worldwide sales of 3D printers are being driven by the quick uptake of technologically superior production equipment across numerous industries, which is anticipated to expand the market in the upcoming years.
Raw materials used for 3D printing include plastics, ABS, PLA, metals & powders, carbon fibers, and resins. The market is being supported by the growing trend of using 3D printers to produce a range of small and large products.
Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1777
Additionally, the market is anticipated to develop as 3D printing is increasingly used in the building and construction industry. Additionally, it is projected that the rise of the automotive, aerospace, electronics, and medical industries will continue to be a major growth driver of the global market for 3D printing materials.
North America is anticipated to continue to be a lucrative region in the global market for 3D printing materials, according to FMI. The rapid commercialization of cutting-edge technology like 3D printing across a variety of businesses in the area is responsible for the growth.
Key Takeaways:
By material type, sales in the metal segment are forecast to grow at a 14.9% CAGR over the assessment period.
Based on form, demand for powder 3D printing materials is projected to increase at a 13.5% CAGR through 2031.
In terms of applications, sales in the automotive sector are forecast to gain traction at a 13.6% CAGR over the forecast period.
The U.S. will emerge as a lucrative pocket in the North American 3D printing materials market.
Sales in the China 3D printing materials market are projected to increase at a 15.2% CAGR through 2031.
Competition Landscape
Key market participants in the global 3D printing materials market elaborated in the report include Covestro AG, Arkema S.A., Sandvik A.B., Evonik Industries A.G., EOS GmbH Electro Optical Systems, Ultimaker B.V., Hoganas AB, The EXONE Company, General Electrics, 3D Systems Corporation, Materialise NV, STRATASYS LTD, and MARKFORGED Inc.
Key market participants are focusing on the development of innovative 3D printing products to improve their product portfolios. Besides this, players are also investing in mergers, acquisitions, and collaborations to expand their global presence.
For instance:
In April 2021, Sandvik and its subsidiary BEAMIT Group announced a new capacity for additive manufacturing components in super-duplex stainless steel, an alloy that combines mechanical strength with extremely high corrosion resistance.
Request for Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-1777
3D printing materials Market By Category
By Material Type:
Plastics
Metals
Ceramics
Others
By Form:
Filament
Powder
Liquid
By Application:
Electronics & Consumers
Automotive
Medical
Industrial
Education
Aerospace
Others
0 notes
Text
3D Printing Materials Market Valued at USD 2,836.6 Million in 2025
Exploring the Dynamic World of 3D Printing Materials Market 2034
The world of 3D Printing Materials Market has come a long way since its inception, evolving from a niche technology to a mainstream manufacturing process. At the heart of this transformation is the ever-expanding universe of 3D printing materials. These materials are not just a means to an end; they are pivotal in defining what can be created, how it can be produced, and what industries can benefit from this cutting-edge technology. In this blog, we will delve into the key aspects of the 3D printing materials market, exploring the types, applications, and future trends shaping this exciting field.
Sample copy report:
https://wemarketresearch.com/reports/request-free-sample-pdf/3d-printing-materials-market/1338
Types of 3D Printing Materials
Thermoplastics: Thermoplastics are among the most widely used materials in 3D printing. They are known for their ease of use, affordability, and versatility. Popular thermoplastics include:
PLA (Polylactic Acid): Known for its eco-friendly nature and ease of printing, PLA is a favorite among hobbyists and beginners.
ABS (Acrylonitrile Butadiene Styrene): This material offers greater strength and durability, making it ideal for functional prototypes and end-use parts.
PETG (Polyethylene Terephthalate Glycol): Combining the ease of printing with durability, PETG is commonly used in applications requiring resistance to impact and moisture.
Resins: Resins are liquid materials that solidify under UV light and are used primarily in SLA (Stereolithography) and DLP (Digital Light Processing) printers. They offer high resolution and detail, making them suitable for applications such as jewelry and dental products. Key types include:
Standard Resins: Ideal for detailed models and prototypes.
Tough Resins: Engineered for increased durability and impact resistance.
Flexible Resins: Designed to produce parts with rubber-like properties.
Metals: Metal 3D printing is used for high-performance applications in industries such as aerospace, automotive, and medical. Metal powders, such as titanium, aluminum, and stainless steel, are used in processes like SLM (Selective Laser Melting) and EBM (Electron Beam Melting). Metal 3D printing offers:
High Strength-to-Weight Ratio: Essential for aerospace and automotive components.
Complex Geometries: Allows for the creation of intricate designs that are difficult to achieve with traditional manufacturing methods.
Composites: Composite materials combine thermoplastics with reinforcing fibers, such as carbon fiber or glass fiber, to enhance strength and rigidity. These materials are used in applications where lightweight and high strength are critical, including in the automotive and sports equipment industries.
Innovations Driving the 3D Printing Materials Market
The 3D printing materials market is experiencing rapid innovation, driven by advancements in technology and changing industry needs. Here’s a closer look at some of the latest innovations that are transforming the landscape of 3D printing materials:
Nanomaterials: Nanotechnology is making waves in the 3D printing industry by enabling the creation of materials with enhanced properties at the nanoscale. Nanomaterials can improve strength, durability, and thermal resistance, making them ideal for high-performance applications. For example, incorporating nanoparticles into polymers can enhance their mechanical properties, leading to more robust and reliable printed parts.
Bio-inks and Bioprinting: Bioprinting is revolutionizing the medical and research fields by enabling the creation of living tissues and organs. Bio-inks, which are made from natural and synthetic biopolymers, are used in this process to print cellular structures. These materials can be tailored to support cell growth and tissue development, opening up new possibilities for regenerative medicine and personalized healthcare.
Applications of 3D Printing Materials Market
The versatility of 3D printing materials market has led to their adoption across various sectors:
Aerospace: Lightweight and durable materials are used to manufacture complex parts and components, reducing overall weight and fuel consumption.
Healthcare: Custom prosthetics, implants, and dental products are tailored to individual patients using biocompatible materials.
Automotive: 3D printing enables rapid prototyping and production of lightweight parts, enhancing vehicle performance and reducing time-to-market.
Consumer Goods: Customized products, from eyewear to home decor, benefit from the flexibility and personalization offered by 3D printing.
Future Trends in 3D Printing Materials Market
As the 3D printing industry continues to evolve, several trends are likely to shape the future of 3D printing materials:
Biodegradable and Sustainable Materials: There is a growing focus on developing eco-friendly materials that reduce environmental impact. Innovations in biodegradable plastics and recycling processes are set to make 3D printing more sustainable.
Advanced Metal Alloys: The development of new metal alloys with enhanced properties will open up new possibilities for high-performance applications in industries such as aerospace and defense.
Multi-Material Printing: Advances in multi-material printing technologies will allow for the creation of complex objects with varying properties in a single print, expanding the range of applications and functionalities.
Smart Materials: The integration of materials that respond to environmental changes (such as temperature or pressure) will lead to the development of "smart" products with adaptive capabilities.
Benefits of 3D Printing Materials Market Report:
Analyst Support: Get your query resolved by our expert analysts before and after purchasing the report.
Customer Satisfaction: Our expert team will assist with all your research needs and customize the report.
Inimitable Expertise: Analysts will provide deep insights into the reports.
Assured Quality: We focus on the quality and accuracy of the report.
Conclusion
The 3D printing materials market is a dynamic and rapidly evolving field, driven by continuous innovation and Technological Advancements. From thermoplastics and resins to metals and composites, the variety of materials available today provides limitless possibilities for creators and manufacturers alike. As we look to the future, emerging trends and new material developments promise to further revolutionize the industry, offering exciting opportunities for growth and transformation across various sectors. Whether you're a hobbyist, a designer, or an industry professional, staying informed about these advancements will be key to leveraging the full potential of 3D printing technology.
#3D Printing Materials Analysis#3D Printing Materials Demand#Market Insights 3D Printing#3D Printing Materials Future
0 notes
Text
Medical Polymer Market Outlook: Trends, Innovations, and Global Dynamics
The medical polymer market has become a pivotal sector, growing due to advancements in healthcare materials. Known for durability, flexibility, and biocompatibility, these polymers are essential across devices, surgical instruments, implants, packaging, and drug delivery systems. The rise in demand reflects industry trends, technological breakthroughs, and growing regulatory standards shaping this market.
The global medical polymer market is valued at USD 41.1 billion in 2024 and is projected to reach USD 60.5 billion by 2029, growing at 8.0% cagr from 2024 to 2029.
Key Market Trends
Biocompatibility Innovations: Biocompatible materials are essential in medical applications where patient safety is paramount. To meet this need, polycarbonate, polypropylene, and polyethylene polymers are engineered to strict medical standards, creating materials that offer safe, effective performance within the body.
Surge in Disposable Devices: Single-use medical products like gloves, syringes, and catheters are gaining traction, especially post-pandemic. Disposable polymers allow manufacturers to produce cost-effective, hygienic products, addressing modern healthcare’s need for cleanliness and infection control.
3D Printing Advancements: Customization has transformed through 3D printing, as tailored prosthetics and surgical tools become accessible. Polymers like PEEK are favored here for strength and adaptability, enabling precise medical solutions suited to individual patient needs.
Sustainability Drives: With heightened environmental awareness, medical manufacturers are focusing on bio-based and recyclable materials. This shift aims to reduce the ecological impact of medical products, reflecting the global push towards sustainable solutions.
Enhanced Drug Delivery Applications: Drug delivery systems require polymers that ensure controlled, sustained release of medication. Bioresorbable polymers are particularly beneficial here, facilitating targeted treatment in chronic and long-term therapies without additional interventions.
Growth Drivers in the Medical Polymer Market
Demand for Minimally Invasive Devices: Polymers are ideal for minimally invasive surgery tools due to their flexibility and durability. As demand for less invasive procedures grows, so does the need for these high-performing materials, making them integral to medical advancements.
Aging Population and Chronic Disease: The global increase in chronic health conditions and an aging population drive demand for medical-grade polymers in implants, devices, and products for ongoing care. This market growth reflects the need for durable, biocompatible materials to improve patient care.
R&D and Technological Investments: Innovations in polymer chemistry and healthcare applications expand the versatility of these materials. Significant R&D investment is pushing the boundaries, enabling entry into new applications and meeting stringent regulatory demands across regions.
Regional Market Insights
The market for medical polymers is expanding globally, with strong growth in North America, Europe, and Asia-Pacific. North America leads due to its advanced healthcare sector and robust R&D focus, while the Asia-Pacific region experiences rapid growth driven by healthcare expansion, population increases, and rising disposable incomes in emerging economies like China and India.
Emerging markets hold considerable growth potential, especially as they build their healthcare infrastructure and address increasing medical needs. Access to quality polymers helps these regions expand their healthcare capabilities, catering to larger populations with advancing healthcare needs.
Challenges and Future Prospects
The medical polymer market faces challenges, such as meeting rigorous regulatory requirements, managing high development costs, and addressing environmental concerns. Compliance with medical standards is necessary but can slow down product development and increase expenses. Additionally, the medical industry’s reliance on single-use polymers prompts a need for eco-friendly, recyclable solutions.
To know more Download PDF Brochure :
The future remains promising. The market’s growth, driven by healthcare demands and technological advances, opens new opportunities in medical material innovation. Companies prioritizing sustainability, compliance, and R&D will be well-positioned to capitalize on the evolving needs of this essential industry.
As materials science and healthcare continue to intersect, medical polymers are set to play a critical role in advancing medical technologies, improving patient outcomes, and meeting global healthcare needs.
#medical polymer market#biocompatible materials#disposable medical devices#3D printing in healthcare#sustainable polymers#biodegradable polymers#drug delivery systems#minimally invasive devices#chronic disease treatment#aging population healthcare#medical-grade polymers
0 notes
Text
3D Printing Market is Trending by Increased Adoption in Automotive and Healthcare Industries
The 3D printing market allows users to transform digital files into physical objects by laying down successive thin layers of material. 3D printing provides significant advantages over traditional manufacturing by enabling the production of complex shapes, lightweight structures and customized designs. The technology has found widespread adoption in applications such as prototyping, tooling and production across industries like automotive, aerospace, healthcare and consumer goods. The Global 3D Printing Market is estimated to be valued at US$ 18 Billion in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the 3D Printing are Stratasys, 3D Systems, GE Additive, Materialise, ExOne, voxeljet and EOS GmbH. These players are focusing on expanding their product portfolio and global presence through mergers and acquisitions. For instance, in 2022, Stratasys acquired Origin, a leader in large-format 3D printing technologies to strengthen its polymer printing solutions. The growing demand from industries such as automotive, aerospace and healthcare is driving the market. In the automotive industry, 3D Printing Market Insights helps in reducing design and production cycle time. It also enables mass customization of components according to customer needs. The healthcare industry is also increasingly adopting 3D printing for surgical guides, dental applications and manufacturing of medical devices and implants. The market is witnessing significant growth in regions like North America, Europe and Asia Pacific. The availability of financing and government support along with declining costs of 3D printers is encouraging adoption, especially in developing countries. Market players are also expanding globally by establishing production and sales facilities to tap opportunities. Market Key Trends One of the key trends in the 3D printing market is the increased adoption of polymer materials. Polymer materials like thermoplastics expand the application scope of 3D printing into fields which require elasticity, resilience and low weight components like consumer goods. Compared to metals, polymers are less expensive and safer to work with. Polymer 3D printing also enables processes like multi-material printing and dispersion printing. The ability to 3D print using polymers helps broaden the appeal and accessibility of 3D printing technology.
Porter's Analysis
Threat of new entrants: Low capital requirements and availability of open source materials reduce barriers to entry. However, established players have strong brand recognition and economies of scale. Bargaining power of buyers: Large industrial buyers can negotiate better prices and terms due to their high purchase volumes. However, specialized needs of clients and differentiated offerings limit buyers' power. Bargaining power of suppliers: A few major manufacturers dominate materials supply. However, ease of switching and availability of substitutes restrict suppliers' influence over prices. Threat of new substitutes: Additive technologies face substitution threat from conventional manufacturing methods for cost-sensitive, high-volume production. But 3D printing's customization benefits reduce substitutability. Competitive rivalry: The industry has seen rising competition with reducing equipment costs. Players compete based on technology, quality, support infrastructure and alliances to gain market share. Geographical regions North America currently accounts for the largest share in the global 3d Printing Market Regional Analysis in terms of value, owing to rapid adoption across industries such as automotive, aerospace & defense and consumer products. Asia Pacific is poised to become the fastest growing regional market during the forecast period. Rising government support for advanced technologies, along with improving production capabilities of Chinese firms, provides opportunities for 3D printing proliferation across manufacturing and other sectors in Asia Pacific countries.
Get more insights on, 3D Printing Market
For Deeper Insights, Find the Report in the Language that You want.
French
German
Italian
Russian
Japanese
Chinese
Korean
Portuguese
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
#Coherent Market Inisghts#Cost Reduction in 3D Printing#Fused Deposition Modeling (FDM)#AI in 3D Printing#3D Printing Materials#3D Printing Competitive Landscape#3D Printing Technology Advancements
0 notes
Text
Dental 3D Printing Material Market Outlook from 2023 to 2033
The dental 3D printing materials market size is projected to grow to a value of US$117.02 million by 2023. Over the course of the forecast period, a 3.9% CAGR is projected for it. The estimated overall market size by 2033 is around US$ 171.81 million..As per the latest report, the metal segment will likely hold a prominent market share of 38.5% in 2033. However, ceramic materials are anticipated to witness higher demand, rising at 6.0% CAGR through 2033.Several factors are expected to stimulate growth in the global dental 3D printing material market. These include the rising prevalence of dental diseases, increasing demand for cosmetic dentistry, and innovation in 3D printing materials.Get a Sample Copy of the Report:https://www.futuremarketinsights.com/reports/sample/rep-gb-18050
0 notes