Non-Metal 3D Printing Market Is Highly Growing in Industry with Good Revenue by 2027
Research Reports
Jan 07, 2021
Market Size – USD 853.2 Million in 2019, Market Growth – CAGR of 24.7%, Market Trends – Growing demand from the automotive industry
The three-dimensional printing technology in the 21st century is ready to evaluate and give unmatchable results like never before, be it metal or non-metal printing domains. According to research done by Emergen Research in October 2020, the global non-metal 3D printing market values at USD 853.2 Million in 2019 and is emerging at an annual growth rate of 24.7%. It is estimated to expand up to USD 5,055.9 Million by nearly the end of this decade due to escalating demand in the automotive, aerospace, healthcare and the electronics industries.
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Market Drivers
The principle factors propelling the Non-metal 3DPrinting Market are constant demand from the automation and aerospace industries with intricate and feathery components that contribute to a large chunk of the market along with commendatory support from the government agencies. The low-waste production in this industry, the efficiency of raw materials used, reduced production costs in certain aspects with respect to non-metal usage like plastic, and time efficiency are also some important factors in shaping the growth of the 3D printing market. The continuous generation of plastic printed components with pronounced extraordinary details and precise geometrical features solely account for 86.0% of the market.
Regional Analysis
North American region is dominating the global market of Non-metal 3D printing with a share of approximately 43% due to its emanating healthcare sector that is receiving investment on a sweeping scale. The presence of huge automotive firms like Tesla, Chevrolet, and aerospace companies, like Boeing, contribute to the demand in the region.
Regional Scope: North America; Europe; Asia Pacific; Central & South America; MEA
Key participants include Stratasys Ltd., CRP Group, 3D Systems Corporation, Royal DSM NV, Oxford Performance Materials, EOS GmbH, Arkema SA, Envisiontec GmbH, Evonik Industries AG, and SABIC, among others.
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Material Type Outlook (Revenue, USD Billion; 2017-2027)
Plastic
Ceramic
Others
Form Outlook (Revenue, USD Billion; 2017-2027)
Liquid
Powder
Filament
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
Aerospace
Healthcare
Automotive
Electronics
Others
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Non-Metal 3D Printing Market Segmentation & Impact Analysis
4.1. Non-Metal 3D Printing Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand from the automotive and aerospace industries
4.2.2.2. Favorable government support
4.2.2.3. Fabrication of intricate and lightweight components
4.2.2.4. Reduced waste generation during manufacturing
4.2.3. Market restraints analysis
4.2.3.1. High cost of 3D printed products
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Non-Metal 3D Printing Market By Material Type Insights & Trends, Revenue (USD Million)
5.1. Material Type Dynamics & Market Share, 2019 & 2027
5.1.1. Plastic
5.1.2. Ceramic
5.1.3. Others
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