3D Printing Materials Business to Reach $1.05 Billiob by 2020.


Posted February 23, 2016 by chemicalsiarc

3D Printing is one of the fastest growing business due to its popularity. Materials used in this technology are also gaining fair business.

 
With increasing innovations and research, the [b]3D Printing Materials Market[/b] is expected to generate revenue of around [b]$1.05 Billion[/b] by [b]2020[/b] and will dominate other printing technologies.

Increasing demand and adoption of Additive Manufacturing Segment, the [b]3D Printing Materials Market[/b] is forecast to grow in double digits from 2014 to 2020 with a highest CAGR of 29.6% during the forecast period, 2013-2020.


[b]**More Information on “3D Printing Materials Business” Available in Our Sample Brochure. Download Your Copy @[/b] http://www.industryarc.com/pdfdownload.php?id=186


[b]Market Trends:[/b]
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.

[b]Market Driving Factors:[/b]
• Now, a human heart can be printed using 3D Biological Material. This shall foster the global 3D Printing Materials Market.
• Antimicrobial Material Could Help 3D-Printed Body Parts Resist Infection. This healthy innovation is going to be a strong driver in the future.

[b]Geographical Approach to the Market:[/b]
The U.S. is noted to be the current leader in contributing for the overall market share owing to the increasing fostering of 3D Printers year on 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.

[b]Market Segmentation and Application Brief:[/b]
3D printing materials can be broadly classified based on factors like type, class, form, application and geography into a number of segments. Consumer, aerospace and defense, automobiles, medical and so on are accounted the leading applications of the global market. 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. The sub segmentation of the broad types are as well studied and discussed in detail in this report.

[b]Key Market Players:[/b]
40+ companies are analyzed and included in this market research report on 3D Printing Materials Market. Among the entire list studied by IndustryARC research analysts, few of the top ones are:
• Stratasys Ltd.
• 3D Systems
• Envisiontec Gmbh
• Oxford Performance Materials
• Shapeways


[b]**For Report Description, Table of Contents, Companies Covered & Customization Options, Follow the Report Link[/b]:
http://industryarc.com/Report/186/3d-printing-materials-market.html


[b]About IndustryARC:[/b]
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.

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Last Updated February 23, 2016