3D Printing Materials Market by Plastics (Photopolymers, ABS, PLA, Nylon, ...), by Metals (Steel, Silver, Aluminum, ...), by Ceramics (Silica, Glass, Quartz, ...), by Others (Wax, Laywood, ...), by Forms, by End-User Industries, by Region - Global Trends
The 3D printing materials market size in terms of value is projected to grow at a CAGR of 20.4% between 2014 and 2019 to reach $1.052 million by 2019. North America held the largest share in 3D printing materials market in 2013. Major growth in the North American region is expected from the consumer & industrial application. The 3D printing materials market in North America is growing fast, mainly due to mass customization and adoption of 3D printers in home printing in this region. Jewelers, watchmakers, and other gadget companies generally operate in an economy of “mass customization” to reach out to customer requirements. The home printers are available in the market at low costs that has helped the consumer market to grow at a high rate. New product launch was the most preferred strategy among the major players in the 3D printing materials market, globally. North America was the more preferred region for agreements from 2010 to 2014. More than half of the developments took place in North America in the said period. The major players are also enhancing their technological base, product portfolio, and geographical reach by acquiring other companies. For example, Stratasys acquired Interfacial Solutions (U.S.), Solid Concepts (U.S.) and Harvest Technologies (U.S.) recently. There were some more mergers & acquisitions in the 3D printing materials market. Many companies, offering 3D printing materials, are actively trying to increase their product portfolio and regional presence to cater to different regional markets. These are trying to enter the low-penetrated markets in developing regions. The major players in the 3D printing materials market are 3D systems Inc. (U.S.), Stratasys Ltd. (U.S.), Oxford Performance Materials (U.S.), Arcam AB (Sweden), ExOne Gmbh (Germany), EOS Gmbh Electro Optical Systems (Germany). These companies showed significant presence among other players in the global 3D printing materials.
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