NEW YORK, June 30, 2016 /PRNewswire/ -- Use this
report to:
Identify 3D printing media and additives with the greatest
commercial potential in the near- to mid-term (2016 to 2021).
Analyze key drivers and constraints that will shape the market for
these materials as the basis for projecting demand over the next
five years.
Identify the companies which are best positioned to meet the demand
for 3D printing materials consumption because of their proprietary
technologies, strategic alliances, or other advantages.
Gain insight into the factors driving the market as well as which
industries this technology pertains to the most.
Highlights
The global market for 3-D printing materials reached $475.4 million in 2015.
This market is expected to reach $576.6
million in 2016 and over $1.5
billion in 2021, registering a compound annual growth (CAGR)
of 21.5% over the next five years.
Photopolymers, the largest segment of the global market for 3D
printing materials, should reach $334.6
million in 2016 and $711.8
million by 2021, increasing at a CAGR of 16.3% through
2021.
Ceramics, metals, and other materials as a segment should reach
$93 million in 2016 and $423.5 million by 2021 at a 35.4% CAGR through
2021.
STUDY BACKGROUND
Three-dimensional (3-D) printing, also called additive
manufacturing, is the process of making a three-dimensional solid
from a digital model by depositing successive layers of material in
different shapes. The first working 3-D printer was developed in
the 1980s, but the high cost and limited range of applications of
the earliest printers seemed to preclude their widespread use.
Since then, the introduction of new 3-D printing technologies such
as 3-D inkjet printers has brought costs down. After a slow start,
3-D printing is poised for rapid growth. It took the 3-D printing
industry more than 20 years to reach $1
billion in size in 2009, but only three years later, it
reached $2 billion in 2012. Some
projections place the market at more than $10 billion by 2021.
STUDY GOALS AND OBJECTIVES
This report is an update of an earlier (2014) BCC Research report,
whose goal is to provide the reader with understanding recent
developments in an important segment of the overall 3-D printing
market (i.e., the market for printing materials and additives used
in 3-D printing).
Specific objectives include:
Identifying 3-D printing media and additives with the greatest
commercial potential in the near- to mid-term (2016 to 2021).
Analyzing the key drivers and constraints that will shape the
market for these materials as the basis for projecting demand over
the next five years.
Estimating current and future consumption of 3-D printing materials
through 2021.
Identifying the companies that are best positioned to meet this
demand because of their proprietary technologies, strategic
alliances or other advantages
INTENDED AUDIENCE
This report is intended for marketing executives, entrepreneurs,
investors, venture capitalists and other readers who wish to know
the direction in which the market for 3-D printing materials is
headed over the next five years. The report addresses specific 3-D
printing technologies and materials, but it is generally
non-technical in nature and coverage. Thus, it is less concerned
with theory and jargon than with identifying the materials with the
greatest commercial potential, assessing the amount of these
materials that the market is likely to purchase and determining the
price at which they will sell. The report is not written
specifically for material scientists and technologists, but many of
these professionals will be interested in its findings concerning
the market for their work, including the availability of government
and corporate research funding for different technologies and
applications.
Read the full report:
http://www.reportlinker.com/p02354689-summary/view-report.html
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