Global 3D Printing Materials Market Outlook, 2018-2022 with 3D

Global 3D Printing Materials Market Outlook, 2018-2022 with 3D Systems, BASF, Materialise, Stratasys, and Solvay Dominating - ResearchAndMarkets.com

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DUBLIN — (BUSINESS WIRE) — February 7, 2019 — The "Global 3D Printing Materials Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The 3D printing materials market will register a CAGR of about 39% by 2022.

Additive printing generates lower wastage than traditional printing due to the predetermination of the exact amount of materials required. Additive printing mitigates the waste generated by computerized numerical control (CNC) milling, which creates a rough shape initially to print the desired dimensions.

3D printing is an ideal solution to print products with detailed definitions as it can print fine details accurately. It also allows users to obtain the exact designs according to the requirement. Hence, the use of 3D printing reduces the volume of waste. The low wastage of cartridge in additive printing will drive the growth of the global 3D printing materials market during the forecast period.

Emergence of new 3D printing materials

Plastics, ceramics, and metals are the key materials used in 3D printing. Plastics are the most widely used 3D printing material as it is cost-effective and suitable for several applications. The vendors are making significant investments to develop inexpensive and versatile materials for different applications.

Several vendors are expanding their portfolios to include new materials, which will drive the growth of the global 3D printing materials market during the forecast period.

High cost of training manpower

The cost of 3D printers and materials has also been increasing significantly in the recent years. Hence, training the workforce is an additional expense for companies. Therefore, the shortage of a skilled workforce will affect the growth of the global 3D printing materials market during the forecast period.

Competitive Landscape

The 3D printing materials market is moderately concentrated owing to the presence of several 3D printing materials market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players