Global 3D Printing Materials Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 16, 2021--
The “3D Printing Materials - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for 3D Printing Materials estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$5.7 Billion by 2027, growing at a CAGR of 20.5% over the analysis period 2020-2027.
Filament, one of the segments analyzed in the report, is projected to record a 22.8% CAGR and reach US$3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Liquid segment is readjusted to a revised 19% CAGR for the next 7-year period.
The U.S. Market is Estimated at $463 Million, While China is Forecast to Grow at 19.9% CAGR
The 3D Printing Materials market in the U.S. is estimated at US$463 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$991.5 Million by the year 2027 trailing a CAGR of 19.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.3% and 17.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.
Powder Segment to Record 17% CAGR
In the global Powder segment, USA, Canada, Japan, China and Europe will drive the 17% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$265.4 Million in the year 2020 will reach a projected size of US$796.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$659.5 Million by the year 2027.
Select Competitors (Total 34 Featured):
- 3D Systems Corporation
- Arkema SA
- BASF 3D Printing Solutions GmbH
- CRP Technology S.r.l.
- DuPont de Nemours, Inc.
- EnvisionTEC GmbH
- EOS GmbH - Electro Optical Systems
- Evonik Industries AG
- HP Inc.
- Koninklijke DSM N.V.
- Materialise NV
- MG Chemicals
- Oxford Performance Materials, Inc.
- Saudi Basic Industries Corporation
- Shenzhen Esun Industrial Co., Ltd.
- Stratasys Ltd.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/y7lv6v
View source version on businesswire.com:https://www.businesswire.com/news/home/20210716005365/en/
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SOURCE: Research and Markets
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PUB: 07/16/2021 11:16 AM/DISC: 07/16/2021 11:16 AM