CHICAGO, July 14, 2020 /PRNewswire/ -- According to the new market research report "3D Printing Materials Market by Type (Plastic, Metal, Ceramic), Form (Powder, Liquid, Filament), Technology, Application, End-Use Industry (Automotive, Aerospace & Defence, Healthcare, Consumer Goods, Construction), And Region – Global Forecast To 2025", published by MarketsandMarkets™, the 3D Printing Materials Market size is estimated to grow from USD 1.6 billion in 2020 to USD 4.5 billion by 2025, at a CAGR of 23.5% during the forecast period.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1295
Browse in-depth TOC on "3D Printing Materials Market"
207 – Tables
54 – Figures
218 – Pages
View Detailed Table of Content Here:
https://www.marketsandmarkets.com/Market-Reports/3d-printing-materials-market-1295.html
The 3D printing materials market is witnessing significant growth because of the growing demand from industries such as healthcare, automotive, and aerospace & defense.
The aerospace & defense end-use industry is estimated to account for the largest share of the 3D printing materials market in 2020
Aerospace & defense is the major end-use industry in the 3D printing materials market. North America and Europe are the key markets due to the presence of the aerospace & defense industry and high demand for metal 3D printed metal materials. However, the demand for 3D printing materials is expected to witness sluggish growth in 2020 due to COVID-19 that has enforced lockdown across national and international borders. This has resulted in reduced wind capacity installations and the temporary suspension of operations in the automotive, aerospace, and construction industries.
Prototyping is the largest application of 3D printing materials.
Prototyping is the key application in the 3D printing materials market. The 3D printing materials market in the manufacturing application is projected to register the highest growth rate during the forecast period. This high growth of manufacturing application is attributed to the growing adoption of 3D printing in the aerospace & defense, automotive, and healthcare industries.
Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=1295
North America is expected to be the largest market for 3D printing materials during the forecast period.
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. But, because of the lockdown situation occurred due to COVID-19, many floor workers are unable to work in manufacturing facilities, which has resulted in the reduction in output across the aircraft and car manufacturing facilities. Thus, the market for 3D printing materials will grow at a slower rate in 2020 in comparison to the previous year.
Major 3D printing material manufacturers are 3D Systems Corporation (US), Stratasys (US), Arkema SA (France), Materialise NV (Belgium), Evonik Industries AG(Germany), and General Electric (US).
Get 10% Free Customization on this Report:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1295
Browse Adjacent Markets: Resins and Polymers Market Research Reports & Consulting
Related Reports :
3D Printing Ceramics Market by Type (Glass, Fused Silica, Quartz), Form (Filament, Powder, & Liquid), End User (Aerospace & Defense, Automotive, Consumer Goods & Electronics, Manufacturing & Construction, Healthcare) - Global Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/3d-printing-ceramic-market-26085601.html
3D Printing Metals Market by Form (Powder, Filament), Technology (PBF, DED, Binder Jetting, Metal Extrusion), Metal Type (Titanium, Nickel, Stainless Steel, Aluminum), End-Use Industry (A&D, Automotive, Medical & Dental), Region - Global Forecast to 2024
https://www.marketsandmarkets.com/Market-Reports/3d-printing-metal-market-34714085.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/3d-printing-materials-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/3d-printing-materials.asp
SOURCE MarketsandMarkets
![](https://rt.prnewswire.com/rt.gif?NewsItemId=IO62737&Transmission_Id=202007140530PR_NEWS_USPR_____IO62737&DateId=20200714)
Share this article