The 3D printing materials market is set to jump past the $600 million (£374 million, €436 million) mark in the next decade or so as the industry continues to thrive.
Albany, NY (PRWEB) April 04, 2014
3D printing is currently the subject of a great deal of speculation and excitement in the media. Touted as the technology to bring about the next industrial revolution and the in-sourcing of manufacturing jobs back to the West, the term in fact refers to a raft of technologies, each of which is compatible for use with a particular material type.
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In fact the materials market for 3D printing is possibly the most contentious issue in the 3D printing industry today. 3D printer manufacturers are increasingly engaging in practices which are perceived by end-users as anti-competitive by locking customers in to their own materials supplies via key-coding and RFID tagging of material cartridges, an activity which is effectively enabling monopoly pricing of the materials concerned.
Development of new materials for 3D printing is hindered by the practice of lock-in by some 3D printer manufacturers. Barriers to entry for 3rd party materials suppliers are high, and those who do enter the market are unable to get the economies of scale required to accelerate both materials development and progress towards a competitive market.
In the short to mid-term, downward pressure on materials prices will be driven mainly by new entrants to the 3D printer manufacture arena that do not engage in lock-in practices and enable customers to source materials from the supplier(s) of their choice, and also by pressure from large end-users wielding buying power to force prices down.
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Highest growth will be seen in the market for metal powders, although production, currently placed at less than 30 tons/year, will remain relatively low. This, in combination with high raw material and processing prices, will combine such that prices for these materials will fall more slowly than for alternative 3D printing materials.
Further, for any given material class, market size (in terms of $M) is more sensitive to the installed base of the corresponding 3D printer technology than to the actual price of the materials themselves. Should material prices increase, only a small reduction in the average utilisation rate of the printer installed base is required for the market size to actually fall as a result.
Global 3D Printing (Polyjet, FDM, SLS, SLA) Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019
The 3D printing market has seen rapid growth in recent years due to its increasing applications across different sectors Such as consumer products and electronics, automotive, medical, industrial and aerospace. Decreasing cost of 3D printers and its increasing adoption across the government and education sectors is further expected to spur the demand in the coming years. Additionally, 3D printer manufacturers are continuously focusing on the development of new 3D printing materials, which would provide improved surface finish and high strength 3D models.
This market has been segmented by use, by technology, by application and by geography. It also includes the drivers, restraints and opportunities, Porter’s five forces analysis and value chain of the 3D printing market. The study highlights current market trends and provides forecast from 2013 to 2019. We have also highlighted future trends in the market that will impact demand. Browse Full Report with TOC at: http://www.researchmoz.us/global-3d-printing-polyjet-fdm-sls-sla-market-industry-analysis-size-share-growth-trends-and-forecast-2013-2019-report.html.
Markets for 3D Printing Materials: 2013 - 2022
This report is the first industry analysis report to examine where the money will be made in the 3D printing materials. For each major material, the report provides an assessment of its commercial potential, along with marketing prerogatives for key end-user sectors. The report also provides an analysis and forecast of the materials requirements for all the major applications sectors in which 3D printing is being deployed.
The ten-year forecasts presented in this report are in volume (kg) and value ($ million) terms and the report also provides an appraisal of the strategies of the key firms influencing this market. This report will be invaluable to product marketing and business development executives in the 3D printing sector, as well as in the specialty chemicals sector. It will also be required reading for serious investors in 3D printing markets. Browse Full Report with TOC at: http://www.researchmoz.us/markets-for-3d-printing-materials-2013-2022-report.html.
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