Published on : Feb 01, 2017
ALBANY, New York, Feb 01, 2017: The report offers essential insights into the dynamics of the global 3D print materials market. It uses tools such as market attractiveness analysis and Porter’s five force analysis to derive the competitive landscape in the market. It profiles prominent players in the market along with their latest developments, business strategies, and contact information. It also gauges their performance at global as well as regional level.
The increasing use of metal for 3D printing is providing a significant boost to the growth of the global 3D print materials market. The rising financial support from governments of various countries and other organizations is also working in favor of the growth of the market. Moreover, the advent of 3D bioprinting technology is unfolding tremendous growth opportunities for the market.
On the basis of material type, the global 3D print materials market is segmented into gold and silver, ceramic, ABS, gypsum, nylon, stainless steel, resin, titanium, and others. Each segment is analyzed in terms of revenue, sales, price, growth rate, and market share. Based on applications, the market is divided into aerospace, engineering, architecture, and others. Each segment is studied on the basis of sales, growth rate, and market share.
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The regional markets meticulously analyzed in the research report are India, China, the United States, Europe, Japan, and Southeast Asia. Europe will be a lucrative market throughout the forecast period, with Germany playing a vital role in the growth of the region. The flourishing automotive industry and the increasing investments in innovative technologies along with the growing adoption of 3D printing technology across various verticals are triggering the demand for 3D print materials.
The U.S. will command a large share in the market. The increasing use of 3D technology in industries such as aerospace, defense, and healthcare is augmenting the market. The growth of the region can also be attributed to the incessant technological advancements and favorable government policies promoting the implementation of 3D technology. The growth of Japan and China is primarily fuelled by the growing funding from governments and private organizations into research and development of 3D print materials.
Players in the global 3D print materials market offer a large number of materials including steel, plastics, nickel, aluminum, titanium, and cobalt-chrome. They are increasingly focusing on widening their product portfolio in order to cater to the increasing demand and also to stay relevant in the market. Some of the key players in the market are Arcam, Cookson Precious, Arevo Labs, Exceltec, Evonik, Lomiko Metals, Rahn AG, Legor Group, Formlabs, and Hoganas.
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