3D Printing Materials Market Size to Grow by $ 12.75 bn through 2021-2025
Technavio research projects the 3d printing materials market to grow by $ 12.75 bn, accelerating at a CAGR of over 48% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
3D Printing Materials Market: Key Market Driver
One of the primary factors that will trigger the growth of the 3d printing materials market size is Low wastage of cartridge in additive printing. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
3D Printing Materials Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3D Systems Corp., Arkema SA, BASF SE, Dow Inc., Eastman Chemical Co., Evonik Industries AG, Koninklijke DSM NV, Materialise NV, Solvay SA, and Stratasys Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
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The Global 3D Printing Materials Market is expected to grow by USD 12.75 billion, accelerating at a CAGR of over 48% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View our Free Sample Report
3D Printing Materials Market: Segmentation by Material
The thermoplastic polymer segment which includes thermoplastic filaments and powders led the market in 2020 as thermoplastic polymers are widely used to 3D print automotive parts, sports equipment, toys, electronic accessories, kitchen appliances, and jewelry. They are also used to 3D print circuit boards, printed injection-molded connectors, automotive interior parts, and several other electrical and automotive components. Hence, the rising adoption of 3D printing in such industries will drive the growth of the segment during the forecast period. However, the 3D printing materials market share growth by the thermoplastic polymer segment will be slower than the metal powder segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the 3D printing materials market size.
3D Printing Materials Market: Vendor Analysis
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 3D Systems Corp., Arkema SA, BASF SE, Dow Inc., Eastman Chemical Co., Evonik Industries AG, Koninklijke DSM NV, Materialise NV, Solvay SA, and Stratasys Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio forecasts three scenarios (optimistic, probable, and pessimistic) to evaluate the impact of COVID-19 Download a Free Sample Report. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
