Growing Adoption of 3D Printing Tech in Education and Govt Boosts Global 3D Printing Materials Market to US$1.4 bn by 2020

tmr-160x160
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale on the company website.
Download the Exclusive Report Sample Here :
According to the report, the global 3D printing materials market is primarily driven by a growing adoption of 3D printing technology across a large number of application segments, especially education and government. The market is further driven by supportive regulatory provisions by government bodies mostly in developed nations. All factors combined are expected to drive the growth of the global 3D printing materials market in the given forecast period.
In terms of volume, the global 3D printing materials market was measured at 2,000 kilo tons in 2013 and is expected to increase at a fast pace.The report delivers a segmented analysis of the global 3D printing materials market for the sake of simplicity. In terms of product segment, the market was led by plastics in 2013, with a share of 48%. The plastics segment is also expected to be the fastest-growing segment in the global 3D printing materials market for the report’s forecast period owing to a high demand for plastics from the electronics industry.
Among the various application segments of the global 3D printing materials market, consumer products account for the largest share of 23% in 2013. The automotive industry held the second-largest share in the same year. The segments of consumer products and electronics are expected to exhibit a CAGR of 17.0% from 2014 to 2020. Other application segments of the global 3D printing materials market include aerospace, education, industrial, medical, and other minor segments such as military and architecture.
Browse the full 3D Printing Materials (Ceramics, Plastics, Metals and Others) Market for Electronics & Consumer Products, Automotive, Medical, Industrial, Education, Aerospace and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/3d-printing-materials-market.html
Geographically, the global 3D printing materials market was dominated by North America in 2013 owing to a large-scale use of 3D printing tech. The report suggests that North America is expected to retain its leading position in the market for the given forecast period. The fastest growth rate in the global 3D printing materials market is attributed to Asia Pacific due to a rapid rate of adoption of 3D printing tech by the emerging economies of China, Japan, and South Korea.
The key players of the global 3D printing materials market are Voxeljet AG, Stratasys, Ltd., SLM Solutions GmbH, Optomec, Solidscape, Inc., ExOne GmbH, EOS GmbH Electro Optical Systems, Concept Laser GmbH, Arcam AB, and 3D Systems, Inc.
Key segments of the Global 3D Printing Materials Market
3D Printing Materials Market - Product Segment Analysis
-Ceramics
-Plastics
-Metals
-Others (Including wax and laywood)
3D Printing Materials Market – Application Analysis
-Electronics & Consumer Products
-Automotive
-Medical
-Industrial
-Education
-Aerospace
-Others (Including military and architecture)
3D Printing Materials Market – Regional Analysis
-North America
-Europe
-Asia Pacific
-Rest of the World
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Wood Adhesives and Binders Market to Perceive Substantial Growth During 2020 The competitive landscape of global wood adhesive and binders market is fragmented, as only tope four players are responsible for 36% of the total market, as analyzed by Transparency Market Research (TMR). As the market requires huge amount of capital and significant high setup cost some of the key players play a noticeable role. Henkel AG, Dow Chemical Company, 3M Company and Co., KGaA, HB Fuller, and 3M Company are some of the key players analyzed in the report. The global wood adhesive and binders market is consolidated due to the high cost involved to customize products by using innovative technologies. The competition is also fierce due to limited number of players competing against each other. Although new player with strong financial support will pave their way in bio based adhesive formulations. Read Report Overview @ https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html As per the analysis done by the TMR authors, the global wood adhesive and binders market is estimated to reach a valuation of US$ 17.7 bn by the end of the forecast period in 2020. The CAGR is projected to expand at 4.4% between 2014 to 2020. The furniture and subcomponents segment under the application category is estimated to lead the market by attaining 5% CAGR during the forecast period. As per geography, North America leads the global market. The region is witness larger consumption of wood adhesive and binders market in the recent past. Increasing Demand in Construction Industry Could Boost the Market Wood adhesive and binders have a significant role in making cabinets, windows, doors, flooring, plywood, and various other structural panels. The use of wood adhesive and binders is widely seen in furniture and construction areas. As the construction market is estimated to increase at a CAGR of 4.7% during 2016 to 2020, which will significantly boost the demand for wood adhesive and binders during the same period. Rising population in emerging nations, require residential facilities thus propelling the construction and infrastructure market, which will further boost the demand for wood adhesive and binders market. Asia Pacific being the major region where building and construction industry have significantly growing 2015 to 2020. Environmental Concerns May Restrain the Wood Adhesive and Binders Market to Grow at its Full Potential Petroleum based feedstock like vinyl, styrene butadiene, urea, acetate, phenols, acrylates, and polyurethanes helps in manufacturing wood adhesive and binders. As these petroleum feedstock’s are highly dependent on crude oil, even a minute fluctuation in the crude oil prices affects the raw material required to manufacture wood adhesive and binders. Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3045 Additionally, with the emission of volatile organic compounds (VOC) while manufacturing wood adhesive and binders highly affects the environment and create various health risks. The increasing environmental concerns may restrict the market from attaining its full potential. Thus to mitigate these harmful effects number of governments are bring regulation to restrict the amount of gasses releases while manufacturing adhesives and binders which will help the market to grow in coming years. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

The competitive landscape of global wood adhesive and binders market is fragmented, as only tope four players are responsible for 36% of the total market, as analyzed by Transparency Market Research (TMR). As the market requires huge amount of capital and significant high setup cost some of the key players play a noticeable role. Henkel AG, Dow Chemical Company, 3M Company and Co., KGaA, HB Fuller, and 3M Company are some of the key players analyzed in the report. The global wood adhesive and binders market is consolidated due to the high cost involved to customize products by using innovative technologies. The competition is also fierce due to limited number of players competing against each other. Although new player with strong financial support will pave their way in bio based adhesive formulations. Read Report Overview @ https://www.transparencymarketresearch.com/wood-adhesives-binders-market.html As per the analysis done by the TMR authors, the glob...
Keep reading

High-performance Anti-corrosion Coatings Market to Record an Exponential CAGR by 2024

The global high-performance anti-corrosion coatings market was valued at US$ 12.60 Bn in 2017 and is anticipated to expand at a CAGR of 5.9% from 2018 to 2026, according to a new report titled ‘High-performance Anti-corrosion Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR). The global high-performance anti-corrosion coatings market is driven by growth of the global oil & gas industry. Asia Pacific accounts for a major share of the global market, due to growth of construction, marine, and oil & gas industries in the region. Read Report Overview @ https://www.transparencymarketresearch.com/high-performance-anticorrosion-coatings-market.html The number of oil & gas drilling and exploration activities has increased in the last few years. The Gulf of Mexico, Southeast Asia, and North Sea are currently rich in oil & gas resources and they have a large ...
Keep reading

Water Pump Market - Global Industry Analysis , Share 2023 | TMR

Albany, New York, May 29, 2017: Transparency Market Research (TMR) announces a new report on the global water pump market. The report, titled ‘Water Pump Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023,’ profiles the historical development of the market to derive useful patterns regarding the way the market has developed in the recent past. Based on a solid database of past and present data, reliable projections regarding the future growth trajectory of the global water pump market have been provided in the report. The report provides readers with a comprehensive picture of the global water pump market, making it a must-have accessory for interested parties in the market. Browse Market Research Report @ http://www.transparencymarketresearch.com/water-pump-market.html Water pumps have been a necessity in human development and have played a key role in the development of human civilization itself. In recent years, the global w...
Keep reading