Emerging Trends in 3D Printing Materials

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3D Printing Materials Market Trend, Key Growth
Impacting Factors, Global Opportunity
Analysis The report "3D Printing Materials Market
by Type (Plastic, Metal, Ceramic), End-Use
Industry (Automotive, Aerospace Defence,
Healthcare, Consumer Goods, Construction), Form
(Powder, Liquid, Filament), Technology,
Application and Region - Global Forecast to
2027", is expected to grow from USD 2,850.1
million in 2022 to USD 8,697.9 million by 2027,
at a CAGR of 25.0 during the forecast period.
The 3D printing materials market is witnessing
significant growth because of the growing demand
from industries such as healthcare, automotive,
and aerospace defense. Browse in-depth TOC on
"3D Printing Materials Market" 207 Tables 54
Figures 218 Pages
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Metals segment is expected to grow with the
highest CAGR during the forecast period Metal
materials are highly useful in manufacturing
components for the automotive and aerospace
defense industries. Metals are the
fastest-growing type of 3D printing material
owing to high demand from the healthcare,
automotive, and aerospace defense industries.
Metals are available in different grades of
colors and majorly consumed in the powder form.
Moreover, precious metals, such as gold and
silver, are normally preferred for manufacturing
jewelry. Download PDF Brochure
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sp?id1295 Powder segment accounts for the
second-largest market share in the global 3D
printing materials market The powder form of 3D
printing materials is mainly consumed as metals
and special alloys that are expensive compared
to other materials. Steel, titanium, silver,
gold, aluminum, copper, bronze, silica sand, and
a few other materials are available in the
powder form. All the metal powders are especially
graded materials that can withstand high
temperatures. Aerospace defense and automotive
are the major industries that use metal powders
whereas gold, one of the most expensive
materials, is generally used in the jewelry and
fashion design industries.
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SLS segment accounts for the second-largest
market share in the global 3D printing materials
market Selective laser sintering (SLS) is one of
the major technologies in the 3D printing
materials market that works on powder bed fusion
technology. The objects created using SLS are
generally made with thermoplastic powders. Nylon
is one of the widely used types of plastics that
are used to print 3D objects using this
technology. This process is very similar to
direct metal laser sintering (DMLS) because SLS
also uses a thermal energy source to induce
fusion between powder particles. DMLS is used
to process metals, while SLS is used to create
objects using thermoplastic powders. SLS is very
useful in producing parts with complex geometries
and good mechanical properties. Request
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questsampleNew.asp?id1295 Prototyping is the
largest application of 3D printing materials 3D
printing materials are mainly used in the
prototyping application to showcase how the
3D-printed object looks like. The prototyping
application is highly useful to increase the
adoption of 3D printing across various sectors,
such as automotive, aerospace defense,
healthcare, education, and construction.
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Aerospace defense industry is projected to be
the largest end-use industry of the 3D printing
materialss market during the forecast period The
aerospace defense industry has a specific
requirement for lightweight high strength
components, with accurate and precise designs.
Metals such as stainless steel, aluminum, and
titanium, are used extensively in this industry
as they can withstand high temperatures and are
resistant to wear tear. Therefore, the demand
for high strength materials to manufacture
complex geometries is a major factor driving the
growth of the 3D printing materials market in the
aerospace defense end-use industry. North
America holds the largest market share in the 3D
printing materials market North America is
expected to dominate the 3D printing materials
market during the forecast period due to the
substantial adoption and manufacturing of
products based on 3D printing technology. The
increasing demand from the aerospace
defense, medical dental, and automotive end-use
industries in North America are also driving the
market in the region. In addition, strong support
from the governments for 3D printed goods over
conventional goods and the presence of key
manufacturers in the region are expected to
drive the market further. Market Players The
major players active in the market are 3D Systems
Corporation (US), Stratasys (US), Arkema SA
(France), Materialise NV (Belgium), Evonik
Industries AG(Germany), and General Electric
(US). These players are adopting the strategies
of new product launches, expansions, and
agreements to maintain their competitive position
in the 3D printing materials market. Inquire
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nquiry_Before_BuyingNew.asp?id 1295 General
Electric is one of the leading players in the 3D
printing materials market worldwide. The company
offers its 3D printing materials through the GE
Additive business division. General Electric
provides additive manufacturing solutions under
its Aviation segment. It offers various 3D
printing metals to the aerospace, medical,
dental, and automotive end-use industries. GE
Additive acquired multiple companies working in
the 3D printing ecosystem, such as Concept Laser,
Arcam AB, and APC, to expand its presence in
the additive manufacturing domain. The operations
of General Electric are spread across Europe,
North America, Latin America, and Asia Pacific.
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General Electric has a large sales force and
third-party distributors, which helps the
company operate its business across the
globe. EOS GmbH, founded in 1989, is the world's
leading technology supplier in the industrial 3D
printing of metals and polymers. The company is a
pioneer and innovator in additive manufacturing.
When understanding the interaction between laser
and powder materials, EOS is unrivaled in its
field and offers all key elements from a single
source. Systems, materials, and process
parameters are intelligently designed to work
together to ensure the highest possible
component quality. EOS GmbH designs and
manufactures integrated e-manufacturing solutions
for additive manufacturing. The company offers a
wide range of plastic and metal materials for
additive manufacturing. It offers its services
to various end-use industries, including
aerospace, lifestyle, medical, industrial, and
automotive. Its direct metal laser sintering
(DMLS) technology is widely used by the leading
manufacturers in the aerospace defense
industry. The company has a wide presence across
various regions including North America, Europe,
Latin America, Asia Pacific, and Middle East
Africa. Materialise NV is a leading provider of
3D printing materials and solutions. It provides
prototyping, medical, and dental 3D printing
solutions. Materialise NV also offers 3D
printing software and 20 different materials
through its Belgium-based subsidiary. It enables
users to design their products online.
Materialise NV provides products and services
for the engineering, medical, and consumer
industries. The company is working in close
partnership with the major suppliers of 3D
printing materials and printers to provide new
solutions in the 3D printing space through its
segments such as software, medical, and
manufacturing. With the expansion of the AM Metal
market, Materialise NV acquired ACTech in
Germany to extend the company's metal
capabilities, with a specific emphasis on the
low-volume production of highly complex metal
parts. The acquisition also enabled Materialise
to develop and improve its software suite for
metal 3D printing.