IndustryARC
GLOBAL 3D PRINTING MATERIALS MARKET (2013-2020)
By Type (Plastics, Metals, Ceramics and Others); By Form (Filament, Powder, Liquid and others); By End-Use (Consumer, Aerospace, Automobile, Medical and Others); and By Geography
TABLE OF CONTENTS 1. LIST OF TABLES .......................................................................................................9 2. LIST OF FIGURES .................................................................................................. 14 3. GLOBAL 3DP MATERIALS – MARKET OVERVIEW ..................................... 15 3.1
INTRODUCTION ........................................................................ 15
3.2
STAKEHOLDERS ........................................................................ 17
4. EXECUTIVE SUMMARY ....................................................................................... 18 5. GLOBAL 3DP MATERIALS – MARKET LANDSCAPE ................................... 23 5.1
MARKET SHARE ANALYSIS ........................................................ 23
5.2
COMPARATIVE ANALYSIS ......................................................... 25 5.2.1
PRODUCT BENCHMARKING............................................. 25
5.3
PATENT ANALYSIS .................................................................... 26
5.4
TOP 5 COMPANIES FINANCIAL ANALYSIS ................................. 31
6. 3DP MATERIALS MARKET – MARKET FORCES .......................................... 32 6.1
6.2
6.3
MARKET DRIVERS ..................................................................... 32 6.1.1
INCREASED USE OF 3D PRINTERS AND MATERIALS IN HOUSEHOLD APPLICATIONS ................... 32
6.1.2
INCREASING DEMAND IN MEDICAL INDUSTRY............... 32
6.1.3
INCREASING INVESTMENTS IN R&D ...................................................................................... 33
6.1.4
INCREASING DEMAND IN ARCHITECTURAL INDUSTRY...................................................................... 33
MARKET CONSTRAINTS ............................................................ 33 6.2.1
LIMITED TYPES OF MATERIALS ..................................................................... .................33
6.2.2
HIGH COSTS ASSCOIATED WITH PRINTERS AND MATERIALS ............................ ............................... ..........................33
MARKET CHALLENGES ............................................................... 34 6.3.1
SUSTAINABILITY OF NEW ENTRANTS............................. 34
6.3.2
6.4
SUPPLY OF LOW COST METAL POWDERS FOR AEROSPACE AND AUTOMOTIVE INDUSTRIAL APPLICATIONS .............................................................. 34
ATTRACTIVENESS OF THE 3DP MATERIALS .............................. 34 6.4.1
POWER OF SUPPLIERS ................................................... 35
6.4.2
POWER OF CUSTOMERS.................................................. 35
6.4.3
THREAT OF NEW ENTRANTS ........................................... 36 6.4.3.1
By Players ....................................................... 36
6.4.3.2
By Materials .................................................... 36
6.4.4
THREAT OF SUBSTITUTION ............................................ 37
6.4.5
DEGREE OF COMPETITION ............................................. 37
7. GLOBAL 3DP MATERIALS MARKET – STRATEGIC ANALYSIS ................ 38 7.1
VALUE CHAIN ANALYSIS........................................................... 38
7.2
PRICING ANALYSIS .................................................................. 39
7.3
OPPORTUNITIES ANALYSIS ...................................................... 40
7.4
MARKET LIFE CYCLE ANALYSIS................................................. 41
7.5
SUPPLIER AND DISTRIBUTOR ANALYSIS.................................. 42
8. 3DP MATERIALS MARKET, BY TYPE.............................................................. 44 8.1
INTRODUCTION ........................................................................ 44
8.2
PLASTICS.................................................................................. 46
8.3
8.4
8.5
8.2.1
POLYLACTIC ACID (PLA) ................................................ 48
8.2.2
ACRYLONITRILE BUTADIENE STYRENE (ABS)................. 50
8.2.3
POLYVINYL ALCOHOL (PVA) .......................................... 51
8.2.4
OTHERS ......................................................................... 52
METALS..................................................................................... 53 8.3.1
TITANIUM ...................................................................... 55
8.3.2
STAINLESS STEEL .......................................................... 56
8.3.3
SILVER........................................................................... 57
8.3.4
OTHERS ......................................................................... 58
CERAMICS................................................................................. 59 8.4.1
GLASS ............................................................................ 61
8.4.2
SILICA ........................................................................... 62
8.4.3
PORCELAIN .................................................................... 64
8.4.4
OTHERS ......................................................................... 65
OTHERS .................................................................................... 66
8.5.1
CHOCOLATE ................................................................... 68
8.5.2
PAPER ............................................................................ 68
8.5.3
BIOMATERIALS .............................................................. 69
9. 3DP MATERIALS MARKET, BY CLASS ............................................................ 71 9.1
INTRODUCTION ........................................................................ 71
9.2
CONSUMER ............................................................................... 72
9.3
PROFESSIONAL......................................................................... 76
9.4
INDUSTRIAL ............................................................................. 78
10. 3DP MATERIALS MARKET, BY FORM ............................................................ 81 10.1
INTRODUCTION ........................................................................ 81
10.2
FILAMENT ................................................................................. 82
10.3
POWDER ................................................................................... 85
10.4
LIQUIDS ................................................................................... 88
11. 3DP MATERIALS MARKET, BY APPLICATION............................................. 90 11.1
INTRODUCTION ........................................................................ 90
11.2
CONSUMER ............................................................................... 91
11.3
AEROSPACE & DEFENSE ............................................................ 93
11.4
AUTOMOTIVE ............................................................................ 96
11.5
MEDICAL & DENTAL .................................................................. 98
11.6
EDUCATION ............................................................................ 101
11.7
OTHERS .................................................................................. 103
12. 3DP MATERIALS MARKET, BY GEOGRAPHY .............................................105 12.1
INTRODUCTION ...................................................................... 105
12.2
NORTH AMERICA .................................................................... 106
12.3
12.4
12.2.1
U.S. .............................................................................. 111
12.2.2
CANADA ....................................................................... 112
12.2.3
OTHERS ....................................................................... 113
ASIA-PACIFIC ......................................................................... 113 12.3.1
CHINA .......................................................................... 118
12.3.2
JAPAN .......................................................................... 119
12.3.3
OTHERS ....................................................................... 120
EUROPE .................................................................................. 120
12.5
12.4.1
GERMANY..................................................................... 125
12.4.2
U.K............................................................................... 126
12.4.3
OTHERS ....................................................................... 126
REST OF THE WORLD .............................................................. 127
13. MARKET ENTROPY ............................................................................................129 13.1
PRODUCT LAUNCHES .............................................................. 130
13.2
M&AS, COLLABORATIONS, JVS AND PARTNERSHIP ................ 135
14. COMPANY PROFILES .........................................................................................141 14.1
14.2
14.3
14.4
14.5
3D SYSTEMS ........................................................................... 141 14.1.1
BUSINESS OVERVIEW .................................................. 141
14.1.2
FINANCIALS................................................................. 141
14.1.3
PRODUCTS ................................................................... 142
14.1.4
STRATEGY .................................................................... 144
14.1.5
DEVELOPMENTS ........................................................... 144
STRATASYS LTD. ..................................................................... 147 14.2.1
BUSINESS OVERVIEW .................................................. 147
14.2.2
FINANCIALS................................................................. 147
14.2.3
PRODUCTS ................................................................... 148
14.2.4
STRATEGY .................................................................... 149
14.2.5
DEVELOPMENTS ........................................................... 150
ARCAM .................................................................................... 151 14.3.1
BUSINESS OVERVIEW .................................................. 151
14.3.2
FINANCIALS................................................................. 151
14.3.3
PRODUCTS ................................................................... 152
14.3.4
STRATEGY .................................................................... 153
14.3.5
DEVELOPMENTS ........................................................... 153
ENVISIONTEC GMBH ............................................................... 154 14.4.1
BUSINESS OVERVIEW .................................................. 154
14.4.2
FINANCIALS................................................................. 154
14.4.3
PRODUCTS ................................................................... 154
14.4.4
STRATEGY .................................................................... 155
14.4.5
DEVELOPMENTS ........................................................... 155
EXONE GMBH .......................................................................... 157 14.5.1
BUSINESS OVERVIEW .................................................. 157
14.6
14.7
14.8
14.9
14.5.2
FINANCIALS................................................................. 157
14.5.3
PRODUCTS ................................................................... 159
14.5.4
STRATEGY .................................................................... 159
14.5.5
DEVELOPMENTS ........................................................... 160
MATERIALISE N.V. .................................................................. 161 14.6.1
BUSINESS OVERVIEW .................................................. 161
14.6.2
FINANCIALS................................................................. 161
14.6.3
PRODUCTS ................................................................... 162
14.6.4
STRATEGY .................................................................... 162
14.6.5
DEVELOPMENTS ........................................................... 162
VOXELJET AG .......................................................................... 164 14.7.1
BUSINESS OVERVIEW .................................................. 164
14.7.2
FINANCIALS................................................................. 165
14.7.3
PRODUCTS ................................................................... 165
14.7.4
STRATEGY .................................................................... 166
14.7.5
DEVELOPMENTS ........................................................... 166
EOS GMBH ELECTRO OPTICAL SYSTEMS ................................. 168 14.8.1
BUSINESS OVERVIEW .................................................. 168
14.8.2
FINANCIALS................................................................. 168
14.8.3
PRODUCTS ................................................................... 169
14.8.4
STRATEGY .................................................................... 169
14.8.5
DEVELOPMENTS ........................................................... 170
FORMLABS .............................................................................. 171 14.9.1
BUSINESS OVERVIEW .................................................. 171
14.9.2
FINANCIALS................................................................. 171
14.9.3
PRODUCTS ................................................................... 171
14.9.4
STRATEGY .................................................................... 172
14.9.5
DEVELOPMENTS ........................................................... 172
14.10 HOGANAS AB .......................................................................... 174 14.10.1 BUSINESS OVERVIEW .................................................. 174 14.10.2 FINANCIALS................................................................. 174 14.10.3 PRODUCTS ................................................................... 175 14.10.4 STRATEGY .................................................................... 176 14.10.5 DEVELOPMENTS ........................................................... 176
14.11 MADESOLID ............................................................................ 178 14.11.1 BUSINESS OVERVIEW .................................................. 178
14.11.2 FINANCIALS................................................................. 178 14.11.3 PRODUCTS ................................................................... 178 14.11.4 STRATEGY .................................................................... 179 14.11.5 DEVELOPMENTS ........................................................... 179
14.12 OXFORD PERFORMANCE MATERIALS ...................................... 181 14.12.1 BUSINESS OVERVIEW .................................................. 181 14.12.2 FINANCIALS................................................................. 181 14.12.3 PRODUCTS ................................................................... 181 14.12.4 STRATEGY .................................................................... 182 14.12.5 DEVELOPMENTS ........................................................... 182
14.13 SCULPTEO, INC. ...................................................................... 183 14.13.1 BUSINESS OVERVIEW .................................................. 183 14.13.2 FINANCIALS................................................................. 183 14.13.3 PRODUCTS ................................................................... 183 14.13.4 STRATEGY .................................................................... 184 14.13.5 DEVELOPMENTS ........................................................... 184
14.14 TAULMAN 3D........................................................................... 185 14.14.1 BUSINESS OVERVIEW .................................................. 185 14.14.2 PRODUCTS ................................................................... 185 14.14.3 STRATEGY .................................................................... 185 14.14.4 DEVELOPMENTS ........................................................... 186
14.15 TETHON 3D ............................................................................. 187 14.15.1 BUSINESS OVERVIEW .................................................. 187 14.15.2 PRODUCTS ................................................................... 187 14.15.3 STRATEGY .................................................................... 188 14.15.4 DEVELOPMENTS ........................................................... 188
14.16 TINKERINE ............................................................................. 189 14.16.1 BUSINESS OVERVIEW .................................................. 189 14.16.2 FINANCIALS................................................................. 189 14.16.3 PRODUCTS ................................................................... 190 14.16.4 STRATEGY .................................................................... 190 14.16.5 DEVELOPMENTS ........................................................... 190
14.17 SHAPEWAYS ........................................................................... 192 14.17.1 BUSINESS OVERVIEW .................................................. 192 14.17.2 FINANCIALS................................................................. 192 14.17.3 PRODUCTS ................................................................... 193
14.17.4 STRATEGY .................................................................... 193
15. ACRONYMS: ..........................................................................................................194 16. RESEARCH METHODOLOGY ...........................................................................196
1.
LIST OF TABLES
U
TABLE 1.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY GEOGRAPHY, 20132020 ($M)
19
TABLE 2.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
21
TABLE 3.
TOP 5 3D PRINTING PLASTIC MATERIAL MANUFACTURERS
24
TABLE 4.
TOP 4 3D PRINTING METAL MATERIAL MANUFACTURERS
24
TABLE 5.
ABS PLASTICS PRODUCT BENCHMARKING, BY COMPANY
25
TABLE 6.
TITANIUM METALS PRODUCT BENCHMARKING, BY COMPANY
26
TABLE 7.
3D PRITNING INSUSTRY PATENTS EXPIRY 2013-2015
28
TABLE 8.
GLOBAL 3D PRINTING TOP 5 MARKET PLAYERS FINANCIAL ANALYSIS
31
TABLE 9.
3DP MATERIALS ASP, BY TYPE, 2013
39
TABLE 10.
3DP MATERIALS MARKET, BY OPPORTUNITIES, BY REGION
40
TABLE 11.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
45
TABLE 12.
GLOBAL 3DP MATERIALS VOLUME, BY TYPE, 2013-2020 (TONS)
46
TABLE 13.
GLOBAL PLASTICS MARKET REVENUE, BY APPLICATION, 2013-2020 ($M) 47
TABLE 14.
GLOBAL PLASTICS MARKET VOLUME, BY APPLICATION, 2013-2020 (TONS)
48
TABLE 15.
GLOBAL PLA REVENUE ($M) AND VOLUME (TONS), 2013-2020
50
TABLE 16.
GLOBAL ABS REVENUE ($M) AND VOLUME (TONS), 2013-2020
51
TABLE 17.
GLOBAL PVA REVENUE ($M) AND VOLUME (TONS), 2013-2020
52
TABLE 18.
GLOBAL OTHER PLASTICS REVENUE ($M) AND VOLUME (TONS), 20132020
53
TABLE 19.
GLOBAL METALS MARKET REVENUE, BY APPLICATION, 2013-2020 ($M)
54
TABLE 20.
GLOBAL METALS MARKET VOLUME, BY APPLICATION, 2013-2020 (TONS)
55
TABLE 21.
GLOBAL TITANIUM REVENUE ($M) AND VOLUME (TONS), 2013-2020
56
TABLE 22.
GLOBAL STAINLESS STEEL REVENUE ($M) AND VOLUME (TONS), 20132020
57
TABLE 23.
GLOBAL SILVER REVENUE ($M) AND VOLUME (TONS), 2013-2020
58
TABLE 24.
GLOBAL OTHER METALS REVENUE ($M) AND VOLUME (TONS), 20132020
59
TABLE 25.
GLOBAL CERAMICS MARKET REVENUE, BY APPLICATION, 2013-2020 ($M) 60
TABLE 26.
GLOBAL CERAMICS MARKET VOLUME, BY APPLICATION, 2013-2020 (TONS)
61
TABLE 27.
GLOBAL GLASS REVENUE ($M) AND VOLUME (TONS), 2013-2020
62
TABLE 28.
GLOBAL SILICA REVENUE ($M) AND VOLUME (TONS), 2013-2020
63
TABLE 29.
GLOBAL PORCELAIN REVENUE ($M) AND VOLUME (TONS), 2013-2020
65
TABLE 30.
GLOBAL OTHER CERAMICS REVENUE ($M) AND VOLUME (TONS), 20132020
66
TABLE 31.
GLOBAL OTHER MATERIALS MARKET REVENUE, BY APPLICATION, 20132020 ($M)
67
TABLE 32.
GLOBAL OTHER MATERIALS MARKET VOLUME, BY APPLICATION, 20132020 (TONS)
67
TABLE 33.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY CLASS, 2013-2020 ($M) 71
TABLE 34.
GLOBAL 3DP MATERIALS MARKET VOLUME, BY CLASS, 2013-2020 (TONS)
72
TABLE 35.
GLOBAL CONSUMER 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
75
TABLE 36.
GLOBAL CONSUMER 3DP MATERIALS MARKET VOLUME, BY TYPE, 20132020 (TONS)
76
TABLE 37.
GLOBAL PROFESSIONAL 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
77
TABLE 38.
GLOBAL PROFESSIONAL 3DP MATERIALS MARKET VOLUME, BY TYPE, 2013-2020 (TONS)
78
TABLE 39.
GLOBAL INDUSTRIAL 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013 – 2020 ($M)
79
TABLE 40.
GLOBAL INDUSTRIAL 3DP MATERIALS MARKET VOLUME, BY TYPE, 2013-2020 (TONS)
80
TABLE 41.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY FORM, 2013 –2020 ($M) 81
TABLE 42.
GLOBAL 3DP MATERIALS MARKET VOLUME, BY FORM, 2013–2020 (TONS)
82
TABLE 43.
GLOBAL 3D PRINTING FILAMENTS MARKET REVENUE, 2013–2020 ($M)
84
TABLE 44.
GLOBAL 3D PRINTING FILAMENTS MARKET VOLUME, 2013–2020 (TONS)
85
TABLE 45.
GLOBAL 3D PRINTING POWDERS MARKET REVENUE, 2013–2020 ($M)
87
TABLE 46.
GLOBAL 3D PRINTING MARKET POWDERS VOLUME, 2013-2020 (TONS)
87
TABLE 47.
GLOBAL 3D PRINTING LIQUIDS MARKET REVENUE, 2013 – 2020 ($M)
88
TABLE 48.
GLOBAL 3D PRINTING LIQUIDS MARKET VOLUME, 2013–2020 (TONS)
89
TABLE 49.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY APPLICATION, 20132020 ($M)
90
TABLE 50.
GLOBAL 3DP MATERIALS MARKET VOLUME, BY APPLICATION, 20132020 (TONS)
91
TABLE 51.
GLOBAL CONSUMER 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
92
TABLE 52.
GLOBAL CONSUMER 3DP MATERIALS MARKET VOLUME, BY TYPE, 20132020 (TONS)
93
TABLE 53.
GLOBAL AEROSPACE AND DEFENSE 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
95
TABLE 54.
GLOBAL AEROSPACE AND DEFENSE 3DP MATERIALS MARKET VOLUME, BY TYPE, 2013-2020 (TONS)
96
TABLE 55.
GLOBAL AUTOMOBILE 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
97
TABLE 56.
GLOBAL AUTOMOBILE 3DP MATERIALS MARKET VOLUME, BY TYPE, 2013-2020 (TONS)
98
TABLE 57.
GLOBAL MEDICAL AND DENTAL 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
100
TABLE 58.
GLOBAL MEDICAL AND DENTAL 3DP MATERIALS MARKET VOLUME, BY TYPE, 2013-2020 (TONS)
100
TABLE 59.
GLOBAL EDUCATION 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
101
TABLE 60.
GLOBAL EDUCATION 3DP MATERIALS MARKET VOLUME, BY TYPE, 20132020 (TONS)
102
TABLE 61.
GLOBAL OTHER 3DP MATERIALS MARKET REVENUE, BY TYPE, 20132020 ($M)
103
TABLE 62.
GLOBAL OTHER 3DP MATERIALS MARKETVOLUME, BY TYPE, 2013-2020 (TONS)
104
TABLE 63.
GLOBAL 3DP MATERIALS MARKET REVENUE, BY GEOGRAPHY, 20132020 ($M)
105
TABLE 64.
NORTH AMERICA 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
106
TABLE 65.
NORTH AMERICA 3DP MATERIALS MARKET REVENUE, BY APPLICATION, 2013-2020 ($M)
107
TABLE 66.
NORTH AMERICA 3DP MATERIALS MARKET REVENUE, BY TYPE, 20132020 ($M)
108
TABLE 67.
NORTH AMERICA PLASTIC 3DP MATERIALS MARKET REVENUE, 20132020 ($M)
108
TABLE 68.
NORTH AMERICA METAL 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 109
TABLE 69.
NORTH AMERICA CERAMIC 3DP MATERIALS MARKET REVENUE, 20132020 ($M)
110
TABLE 70.
U.S. 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
112
TABLE 71.
CANADA 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
112
TABLE 72.
OTHER COUNTRIES 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 113
TABLE 73.
APAC 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
113
TABLE 74.
ASIA-PACIFIC 3DP MATERIALS MARKET REVENUE, BY APPLICATION, 2013-2020 ($M)
114
TABLE 75.
ASIA-PACIFIC 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M) 115
TABLE 76.
ASIA-PACIFIC PLASTIC 3DP MATERIALS REVENUE, 2013-2020 ($M)
TABLE 77.
ASIA-PACIFIC METAL 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 116
115
TABLE 78.
ASIA-PACIFIC CERAMIC 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 117
TABLE 79.
CHINA 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
118
TABLE 80.
JAPAN 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
119
TABLE 81.
OTHER COUNTRIES 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 120
TABLE 82.
EUROPE 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
121
TABLE 83.
EUROPE 3DP MATERIALS MARKET REVENUE, BY APPLICATION, 20132020 ($M)
121
TABLE 84.
EUROPE 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
122
TABLE 85.
EUROPE PLASTIC 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
123
TABLE 86.
EUROPE
123
TABLE 87.
EUROPE CERAMICS 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 124
TABLE 88.
GERMANY 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
125
TABLE 89.
U.K. 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
126
TABLE 90.
OTHER COUNTRIES 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M) 127
TABLE 91.
REST OF THE WORLD 3DP MATERIALS REVENUE, 2013-2020 ($M)
127
TABLE 92.
REST OF THE WORLD 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M)
128
TABLE 93.
PRODUCT LAUNCHES (2011-2014)
131
TABLE 94.
OTHER DEVELOPMENTS, 2011-2014
136
TABLE 95.
3D SYSTEMS, TOTAL REVENUE, 2012– 2013 ($M)
142
TABLE 96.
3D SYSTEMS, REVENUE BY SEGMENTS, 2012– 2013 ($M)
142
TABLE 97.
3D SYSTEMS MARKET REVENUE, BY GEOGRAPHY, 2012– 2013 ($M)
142
TABLE 98.
STRATASYS - TOTAL REVENUE, 2012– 2013 ($M)
148
TABLE 99.
STRATASYS REVENUE, BY SEGMENTS, 2012– 2013 ($M)
148
METAL 3DP MATERIALS MARKET REVENUE, 2013-2020 ($M)
TABLE 100. STRATASYS REVENUE, BY GEOGRAPHY, 2012– 2013 ($M)
148
TABLE 101. ARCAM TOTAL REVENUE, 2012– 2013 ($M)
151
TABLE 102. ARCAM REVENUE, BY GEOGRAPHY, 2013 ($M)
152
TABLE 103. EXONE GMBH -TOTAL REVENUE, 2013– 2012 ($M)
158
TABLE 104. EXONE GMBH REVENUE, BY SEGMENTS, 2013 – 2012 ($M)
158
TABLE 105. EXONE GMBH - REVENUE BY GEOGRAPHY, 2013– 2012 ($M)
158
TABLE 106. MATERIALISE N.V TOTAL REVENUE, 2013– 2012 ($M)
161
TABLE 107. VOXELJET AGTOTAL REVENUE, 2013– 2014 ($M)
165
TABLE 108. VOXELJET AG REVENUE, BY GEOGRAPHY, 2012– 2013 ($M)
165
TABLE 109. EOS GMBH TOTAL REVENUE, 2012– 2013 ($M)
169
TABLE 110. EOS GMBH REVENUE, BY GEOGRAPHY, 2012– 2013 ($M)
169
TABLE 111. HOGANAS AB, TOTAL REVENUE, 2011– 2012 ($M)
175
TABLE 112. HOGANAS AB REVENUE, BY SEGMENTS, 2011– 2012 ($M)
175
TABLE 113. HOGANAS ABREVENUE, BY GEOGRAPHY, 2011– 2012 ($M)
175
2.
LIST OF FIGURES
FIGURE 1.
3DP MATERIALS MARKET SEGMENTATION
16
FIGURE 2.
GLOBAL 3DP MATERIALS MARKET SHARE, BY GEOGRAPHY, 2013 VS 2020 (%)
20
FIGURE 3.
GLOBAL 3DP MATERIALS MARKET SHARE, BY TYPE, 2013 VS 2020 (%)
21
FIGURE 4.
GLOBAL 3DP MATERIALS MARKET SHARES BY KEY PLAYERS, 2013 (%)
23
FIGURE 5.
PATENT ANALYSIS, BY KEY PLAYERS
27
FIGURE 6.
3DP MATERIALS MARKET: PORTER’S FIVE FORCE ANALYSIS
35
FIGURE 7.
3DP MATERIALS VALUE CHAIN ANALYSIS
38
FIGURE 8.
3DP MATERIALS MARKET LIFE CYCLE, 2010-2020
41
FIGURE 9.
PATENT ANALYSIS, BY MATERIAL TYPE
44
FIGURE 10. CONSUMER 3D PRINTER SHIPMENTS FORECAST, 2010-2020
74
FIGURE 11. NORTH AMERICA 3DP MATERIALS MARKET SHARE, BY COUNTRY, 2013 VS 2020 (%)
111
FIGURE 12. ASIA-PACIFIC 3DP MATERIALS MARKET SHARE, BY COUNTRY, 2013 VS 2020 (%)
117
FIGURE 13. EUROPE 3DP MATERIALS MARKET SHARE, BY COUNTRY, VS 2020 (%)
125
2013
FIGURE 14. TOTAL NUMBER OF DEVELOPMENTS, BY KEY PLAYERS, 2011-2014
129
FIGURE 15. PRODUCT LAUNCHES IN 3D PRINTING INDUSTRY, 2011-2014
130
FIGURE 16. 3D PRINTING; M&AS, COLLABORATIONS, JVS AND PARTNERSHIP, 2011-2014
135
3. GLOBAL 3DP MATERIALS – MARKET OVERVIEW 3.1
INTRODUCTION
3D printing (3DP) or additive manufacturing (AM) is used to convert a 3D model into a threedimensional object and the material used for this purpose is called 3DP material. 3D Printers can use a wide range of materials including plastics, resins, metals, ceramics and more. The most popular material is plastic which is mostly used by consumer 3D printers. However, some of the higher-end industrial printers are capable of printing using even metals and ceramics. Currently, printers support up to 107 types of materials. Currently, plastics are the most widely used materials in additive manufacturing due to the growth in consumer 3D printing industry and some of the important plastics include Acrylonitrile butadiene styrene (ABS), Polylactic Acid (PLA), Polyvinyl Alcohol Plastic (PVA) and Polyethylene terephthalate (PET). With the invention of home 3D printers that uses plastic filaments to 3D print any object, the demand for these materials has grown aggressively and this trend is expected to continue in the next five years. Metals are the strongest materials available in the market, but are extremely expensive. Metals include steel, titanium, aluminium, copper, silver, gold, nickel, cobalt and others. Metal 3D printing is a costly method and hence, metal materials are limited to high-end applications like aerospace and automobiles. Ceramics are materials that will garner a high demand in future. A range of other manufacturing materials that can be used for 3D printing includes nylon, glass-filled polyamide, epoxy resins, wax and paper. The report analyses the 3DP materials market in various applications and covers the market demand with respective regions. The report also provides a market overview for the 3DP material market. 3DP material market is analysed using various parameters such as:
FIGURE 1. 3DP MATERIALS MARKET SEGMENTATION Plastics Metals By type Ceramics Others Filaments By form
Powders Liquids
3D printing materials market
Consumer Medical By Application
Aerospace and Defense Others America Europe
By Geography Asia-Pacific Rest of the world
Source: IndustryARC Analysis
This report also includes profiles of the major companies such as Stratasys Ltd. (U.S.), 3D systems (U.S.), Materialise NV (Belgium), Arcam AB (Sweden), ExOne GmbH (Germany), envisionTEC GmbH (Germany) and others. 3.2
STAKEHOLDERS
The following are the key stakeholders in the 3DP materials market. Printer Manufacturers Distributors Material Suppliers Consumer Services Providers Educational and Research Institutes
4. EXECUTIVE SUMMARY 3D printing has begun to flourish in various application areas including aerospace, automobile, consumer and medical. The materials used for these purposes vary accordingly. While aerospace and automobile mostly use metals, consumer industry mainly uses plastics and medical industry has its own array of bio-materials. As per IndustryARC analysis the 3DP materials market has revenue of $351.4m as of 2013, is estimated to grow at a Compound Annual Growth Rate (CAGR) of 29.6% over the next 7 years. Due to the reduction of prices of both printers and materials in consumer 3D printing, it is the fastest growing market in the 3D printing industry and subsequently the prices of 3DP materials associated with it as well. The commonly used materials for consumer 3D printing are plastics mainly because of their cheap cost. Metal powders are expensive and limited to use mostly in aerospace and defense industries where safety is of primary importance and quality couldn’t be compromised. The 3DP materials market is growing due to high demand in the end-use sectors, especially in the consumer class. North America is the leading producer of 3DP materials. Asia-Pacific’s (APAC’s) market is relatively small as compared to Americas; however it is growing rapidly as well. With respect to the global market, the United States (U.S.) itself holds half of the entire 3DP materials market share with existing major players like 3D Systems and Stratasys. Europe is the second major and the fastest growing market followed by APAC. The demand for 3DP materials is growing at a steady pace across the globe. Other factors affecting the growth of the market include technology innovation, efficiency and flexibility of printers and availability of cheaper good quality materials. In this report, the market has been segmented by geography as America, Europe, Asia, and Rest of the World (RoW). Market size and forecast is provided for each of these regions. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the 3DP materials market and future opportunities are provided in the 10th chapter of the report.
TABLE 1. GLOBAL 3DP MATERIALS MARKET REVENUE, BY GEOGRAPHY, 20132020 ($M) Geography 2013
2014
2015
2016
2017
2018
2019
2020
CAGR % (20132020)
North
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
Asia Pacific xx
xx
xx
xx
xx
xx
xx
xx
xx
Rest of
xx
xx
xx
x
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
xx
America Europe
World Total
Source: IndustryARC Analysis
In 2013, North America occupied xx% of the market share where plastics account for nearly two-third of its revenue. This is because of the growing demand of consumer printers over the years, which also increases the demand for its material which is mostly plastics. Europe takes second place with xx% market share whose share is equally dominated by metals and plastics. Asia-Pacific occupies xx% of the market share with China and Japan dominating the market and the remaining xx% is occupied by the rest of the world.
FIGURE 2.
GLOBAL 3DP MATERIALS MARKET SHARE, BY GEOGRAPHY, 2013 VS 2020 (%)
10% 18%
2013
xx xx xx
9% 19%
46%
2020
xx xx xx 45%
xx
26%
Rest of World
Asia Pacific
27%
Rest of World
Source: IndustryARC Analysis and Expert Insights
By 2020, it is estimated that there might not be a difference in the market in terms of market share but there is a change in the sources of revenue for each region. xx with 45% market share is not dominated by metals till, but is estimated to grow with a high CAGR when compared with plastics. Even Europe’s market will be dominated by metals over plastics by 2020 because of its increasing use in various industrial technologies. The market is also segmented by type such as plastics, metals, ceramics and others. Market size and forecast is provided for each of these types with a detailed qualitative analysis in the report.
TABLE 2. GLOBAL 3DP MATERIALS MARKET REVENUE, BY TYPE, 2013-2020 ($M) Type
2013
2014
2015
2016
2017
2018
2019
2020
CAGR % (20132020)
Plastics
xx
xx
xx
xx
xx
xx
xx
xx
xx
Metal
xx
xx
xx
xx
xx
xx
xx
xx
xx
Ceramics
xx
xx
xx
xx
xx
xx
xx
xx
xx
Others
xx
xx
xx
xx
xxx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
xx
Source: IndustryARC Analysis and Expert Insights
In 2013, xx occupied 54% of market share in terms of revenue which is mostly dominated by ABS and PLA plastics for consumer printers. Second place is taken by metals with 38% of market share with majority of its revenue is from applications such as aerospace and defense, automobiles and jewellery. Ceramics and others have a negligible market share of 5% and 3%, respectively as they are in the early development phase.
FIGURE 3.
GLOBAL 3DP MATERIALS MARKET SHARE, BY TYPE, 2013 VS 2020 (%) 2020
2013
Plastics
Source: IndustryARC Analysis and Expert Insights
xx
xx
xx
By 2020, metals are expected to overtake xx in terms of market share by revenue. Metals are estimated to have a market share of xx% due to its rapid growth. Reduction in prices of most metals is one of the important factors influencing its growth in various applications. Plastics take second place with xx% in terms of revenue even though its volume consumed is far more than metals, since metals are comparatively much more expensive than plastics. Even though ceramics and other materials are also growing at a healthy rate, its respective revenue share of xx% and xx% is comparatively less to plastics and metals which are dominating the market. This report on the Global 3DP materials market identifies many such insights and M&A opportunities, besides providing a detailed analysis of the types and applications of 3DP materials. The model for this report is built based on the number of printers used in each segment, estimated refill for each printer and the average selling price (ASP) of each material. The report also includes the recent facts and trends for each segment of the 3DP materials market.
16. RESEARCH METHODOLOGY The quantitative and qualitative data collected for the 3D printing materials report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or mangers in the 3D printing materials Industry. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global market was split by product types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights. We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study of the 3D printing materials market. The approach towards finding information regarding the market and forecasting has been quite extensive. Since the amount of materials consumed for additive manufacturing depend almost entirely on the number of 3D printer shipments across the world, we have taken this to be our hypothesis. Using the number of shipments and the amount of material consumed by each printer in a year (refill rate), the amount of material consumed as a whole has been determined. This, when combined with the Average Selling Price (ASP) of the various materials under consideration, has led us to the revenues of different segments. The market has then been forecast according to the market trend shown by the sales of major players like 3D Systems and Stratasys and also keeping in considering new developments. The volume of each material type was calculated using the refill rates and shipment data of printers and forecast till 2020. Using this, the volume of each material being used in each specific application areas was calculated. This along with the ASPs of these materials which
were calculated by taking the average of the sample price of various companies manufacturing those materials which are geographically distributed resulted in the revenue figures of the global market, by type of material. This led us to the global revenue of each material as well as the global revenue of each application area. A similar methodology was used for the calculation of figures in the other segments. The volumes were estimated first and then revenue was arrived at using the ASPs of the materials. The price fluctuation of the materials and the increase in the volume of materials used in the corresponding segment in the coming years has also been taken into account in the calculation. The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, and marketing personnel were used extensively in understanding the need and emergence of 3D printing materials market. We also have extensive database of contacts which were used to conduct primary interviews and also to get their inputs using questionnaires.
THE ARC ADVANTAGE An analytical model lies at the core of our process, ensuring logical consistency throughout our research. We complement the model with secondary data and interviews with industry experts to reflect the latest trends. With our final expert validation, we provide you with only the most accurate and actionable intelligence.
THE ARC PROCESS Analytical Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market 3. Assign weights to these factors in terms of their relevance and impact on the market 4. Build the Analytical Model
Base Method
1. Get a topdown estimate of the market 2. Follow it up with a bottom-up estimate of the market 3. Check forconsistency and new growth factors that are relevant over the next 10 Years
4. Build the Base model
Consolidation Method 1. Granular breakdown of drivers into factors 2. Validate all factors in terms of their present impact on the market. 3. Assign weights to these factors in terms of their relevance and impact on the market. 4. Build the Consolidated Model
Delphi Verification 1. Verify the findings of the model with experts from across the value chain 2. Verify the findings with players across small and large enterprises 3. Tweak the model and add new factors 4. Finalize the ARC Model
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