Home Materials Report Identifies Leading 5 Vendors in the 3D Printing Materials Market

Report Identifies Leading 5 Vendors in the 3D Printing Materials Market

A market research report by Technavio lists Arcam, EOS, Hoganas, Solvay and Sandvik as the top 5 vendors in the global 3D printing materials market.

The report covers the development of the materials 3D printing market for 2016 to 2020 and predicts a CAGR of over 25% by 2020. Metal 3D printing for industrial applications is a key driver for the market, being able to produce complex shapes with shorter lead time. Parts including components for aircraft engines and turbines are already produced using metal additive manufacturing technologies, but it finds also application in the direct tooling and mould industry. Industrial end-users of metal 3D printing include service bureaus, research institutions and the aerospace industry.

EMEA (Europe, Middle East, Africa) is the fastest growing region in the material market, with a forecasted CAGR of 24%. The main driver for Europe’s growth comes from the German automotive industry. An increasing number of investments in innovative technology will also have a positive impact on the growth in this region.

Aside from the above mentioned top 5 companies in the market, the report also mentions Concept Laser, ExOne and Renishaw.