3D printing materials market worth $408.5 million by 2018

By : |December 8, 2013 0

DALLAS, USA: The report “3D Printing Materials Market by Plastics (ABS, PLA, Nylon & Others), by Metals (Steel, Titanium, Gold & Others), by Ceramics (Silica, Glass & Others), by Others (Laywood & Others), by Forms & by End-User Industries – Global Trends & Forecasts to 2018”, defines and segments the 3D Printing Materials Market with an analysis and forecast of the volumes and revenues of materials such as plastics (ABS, PLA, Nylon, Photopolymers and Others), Metals (Steel, Silver, Gold, Titanium, Aluminum and Others), Ceramics (Glass, Silica, Quartz ad Others), and Others (Laywood, Wax, Paper and Others), individually.

Along with this, the volume and revenue of materials by forms such as filaments, powders, and liquids are also discussed.

The market for 3D printing plastic materials in terms of revenue was worth $70.5 million in 2012 and is expected to reach $209.6 million by 2018, growing at a CAGR of 19.9 percent from 2013 to 2018. The North American region dominated the 3D Printing Materials Market revenues in 2012.

Asia-Pacific is expected to grow at a high CAGR from 2013 to 2018, followed by the North American region. Europe is expected to be the next fastest growing market, with a CAGR of 15.7 percent from 2013 to 2018, owing to rising consumption in this region, where end-user markets of 3D printing materials are growing steadily, especially in manufacturing industrial and consumer products. The ROW market is expected to grow the least, compared to other regions in terms of revenue.

North America is the prime consumer of 3D printing materials, globally. The Asia-Pacific region is the second largest, globally. North America and Asia-Pacific together accounted for 68 percent of the 3D printing materials revenue in 2012.

North America and Asia-Pacific are the largest consumers and are expected to compete with each other to dominate the market by 2018, with advanced technological developments in 3D printing materials for end-users. Asia-Pacific is expected to dominate the North American market by 2018, with high investments from manufacturers due to growing demand.

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