3D printing is also known as additive manufacturing, a special process of producing three dimensional objects from digital file. It is a quicker process than conventional manufacturing process such as subtractive production and injection molding. Some of the key properties include complexity in design, improved design modification, cost-effectiveness and reduced waste.
As per analysis, “North America 3D Printing Materials Market 2020-2030 by Material Type, Material Form, Technology, Use Type (Commercial, Personal), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” the key companies operating in the North-America 3D printing materials market include EnvisionTEC GmbH, BASF, EOS GmbH Electro Optical Systems, Koninklijke DSM N.V., 3D Systems Corporation, Formlabs Inc., CRP Technology Srl, LPW Technology Ltd., ExOne, Hoganas AB, Mcor Technologies Ltd., Arkema Group, Arcam AB, Shenzhen eSUN Industrial Co., Ltd, Sandvik AB, Materialise, Solvay, SLM Solutions GmbH, Stratasys Ltd., Solidscape Inc. and among others.
On the basis of material type, 3D printing materials market is categorized as plastics & polymers, ceramics, metals & metal alloys and biocompatible materials. Plastics & polymers segment includes Polylatic Acid (PLA), Photopolymers, Acrylonitrile Butadiene Styrene (ABS), Polypropylene, Nylon, Thermoplastics, Polyvinyl Alcohol (PVA), Polycarbonate, Polyethylene, Polypropylene and other polymers. Ceramics include glass, quartz and silica. Metals & metal alloys include aluminum & aluminum alloys, silver, gold, titanium, grapheme, stainless steel, and other metals. In addition, biocompatible materials include wax, laywood and paper. On the basis of technology, market is categorized as binder jetting, material jetting, power bed fusion, material extrusion, vat photopolymerisation, sheet lamination and directed energy deposition. Power bed fusion is further sub-segmented as Selective Laser Sintering (SLS), Selective Laser Sintering (SLS) and Direct Metal Laser Sintering (DMLS). Material extrusion technology is further sub-segmented as Fused Deposition Modeling (FDM) and Fused Filament Fabrication (FFF). Vat photopolymerisation is further sub-segmented as Continuous Liquid Interface Production (CLIP), Digital Light Processing (DLP) and Stereo lithography (SLA). On the basis of form of material, market is categorized as power, liquid, and filament. Filament segment includes Polycarbonate (PC), Polylactic Acid, High Impact Polystyrene, Polyvinyl Alcohol, Polyethylene Terephthalate Glycol-Modified and Nylon. On the basis of use type, market is categorized as commercial use and personal use. On the basis of application, market is categorized as functional part manufacturing, tooling and prototyping. Additionally, on the basis of industry vertical, market is categorized as healthcare, power & energy, automotive, consumer goods & electronics, aerospace & defense, construction, food & beverage, education and others. The automotive industry is expected t exhibit higher growth rate due to rise in demand for 3D printed metals & plastics in the automotive industry owing to its essential properties including dimensional accuracy and lightweight during the forecast period.
By country wise analysis, the North America 3D printing materials market is categorized as Mexico, Canada and U.S. The 3D printing materials market in the region is characterize by rise in demand from end-users such as military, aerospace and medical, which are increasingly using 3D printing technology. It is estimated that future of the North-America 3D printing materials market will be bright as a result of growth in demand for metals from aerospace & defense and automotive industries during the forecast period.
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North America 3D Printing Materials Market Research Report
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