3D Printing Materials Market Global Share Trend Analysis and Forecasts Report

3D printing technology has been in existence in some form for about 30 years, but the transformation occurring currently is increasing affordability of 3D printers and materials. 3D printing is a manufacturing process that deposits materials layer-by-layer to build a tangible product. It is claimed to have triggered a third industrial revolution because the technology presents new and expanding technical, economic and social impacts. Particularly, the increased accessibility to 3D printing capabilities has allowed mass customization to become more widespread in industries such as healthcare and consumer markets. The 3D printing materials report gives an overview of key market forces propelling and restraining market growth. Additionally, the report also highlights market entry strategies for various companies across the globe. The report intends to provide market intelligence that help decision makers take sound investment evaluation. The report helps to identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global 3D printing materials market. The global 3D printing materials market has gained remarkable growth owing to increasing demand from sectors such as aerospace & defense, medical and automotive. Moreover, adoption of 3D printing technology in home printing coupled with increasing financial support from government are fuelling the market growth. Furthermore, the overall market is also being propelled by swiftly increasing demand from emerging countries. Introduction of new materials like graphene opens-up new applications for the market growth. However, the global 3D printing materials market is hampered by high capital investment and severe regulatory guidelines. The report analyses the global 3D printing materials market based on material type, form, application and geography. Based on material type, the global 3D printing materials market is segmented into polymers, metals, ceramics and others (including wax and laywood). The polymers are further segmented into PLA (polylactic acid), photopolymers, nylon, ABS (acrylonitrile butadiene styrene) and others. Different metal types included in this report are steel, titanium, aluminium and others. Also, the ceramic material types are sub-segmented into silica sand, glass, gypsum and others. Among all material types, the polymers accounted for the largest share of the 3D printing materials market in 2017.  Polymers are the most commonly used 3D printing materials, as they find major applications in several industries and consumer goods. Based on form, this market is segmented into filament, powder and liquid. Moreover, based on application, the 3D printing materials market is divided into industrial, aerospace & defense, medical, automotive, electronics & consumer products and others. Other applications of this market include fashion, art & sculpture, jewellery, food, and architecture. Among all the applications, the aerospace & defense is estimated to be the fastest-growing application of the 3D printing materials market during the forecast period. By geography, the global 3D printing materials market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to account for the largest share, followed by Asia-Pacific and Europe. Factors such as growth of aerospace & defense industry and focus toward harnessing the benefits of 3D printing technology are fuelling the growth in North America. Furthermore, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The demand for 3D Printing Materials is increasing in emerging markets such as China and India due to rising disposable income, improving industrial standards and reforms in foreign policies. Some of the key market players in the 3D printing materials include 3D Systems Group, ABB Group, Arcam AB, Arkema S.A., CRP Group, Envisiontec GmbH, LPW Technolohy Ltd., Royal DSM N.V., Stratasys Ltd. Among others. New product launches and endorsements are the key growth strategies adopted by major players to reinforce their positions in the international market. Furthermore, strategies such as expansions, as well as partnerships and agreements were also implemented by numerous market players to expand their R&D competences and geographic presence in the global market.