The 3D printing material market size in the Asia-Pacific region is expected to grow with a CAGR of 17.89% during the forecast period 2023 - 2030.
Notable Happenings in the APAC 3D Printing Materials Market
Market Size Available
2022 – 2030
2022 – 2030
By Type, Form, Technology, Application, End-User, and Region
India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC
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The 3D printing materials market in the Asia-Pacific region has been segmented and sub-segmented based on the following types.
By type, the polymers segment is said to have the highest and significant growth in the 3D printing market. The demand for polymers is increasing owing to the burgeoning need for desktop printing.
In the metals segment, the requirement is surging due to increasing perforation over the high-end applications like structural parts in the aerospace industry and automotive.
The filament 3D printing material form accounts for holding the largest share in terms of volume during the historical period. The less cost and rising investments for developing filament-based 3D printing, and most widely used filaments in 3D printing are polylactic acid (PLA), nylon, etc.
The Powder 3D printing materials segment is expected to witness quick growth throughout the period. Increasing collaborations between different organizations in upgrading the utilization of metal powder-based 3D printing and boosting the adoption of powder 3D printing materials over the aerospace sector to decrease the aircraft weight and increase the fuel efficiency propel the market growth.
The prototyping segment dominates the 3D printing materials market during the above-mentioned period.
The manufacturing application segment is experiencing the highest growth in the 3D printing materials market owing to augmenting digitalization where the 3D printing solutions have made a way for the manufacturing companies.
Based on the end-user, the aerospace and defense segment is accounted for the largest share in 2022.
The automotive industry is witnessing splendid growth owing to the wide acceptance of 3D printing in manufacturing companies and serves as a promoter for segment growth. China is the largest automotive market globally, in terms of production.
Countries covered in the region are China, Japan, India, Australia, South Korea, Malaysia, Singapore, New Zealand, and the Rest of Asia-Pacific.
Japan is dominating the 3D printing materials market. The growth is expected to retain its dominance throughout the forecast period. In Japan, the inflow of multiple key players in 3D printing, advanced technologies, and research and development activities push the market to grow further.
China is one of the speediest growing countries in the region and globally. The growth attributes to the rising population base, per capita income, and living standards. Using 3D printing technology, China is involved in the construction field. Shanghai is the home of the longest 3D-printed bridge.
The Chinese government has invested USD 240 million over the next few years to upsurge the development of 3D printing techniques.
In China, Winsun is the leading 3D printing construction technology developing 3Dprinted houses to showcase the benefits of 3D concrete printing.
The Indian government has developed a new policy about 3D printing. To support the Indian companies, the Ministry of Electronics and Information Technology developed a new policy that upgrades 3d printing use.
On September 06, 2022, in India, STPL3D launched a new series of Industrial-Grade SLA 3D printers. The company STPL3D provides speedy prototyping and additive manufacturing services.
Making use of metal 3D printing technology, Hindustan Aeronautics Limited, and Wipro 3D signed an agreement for developing, designing, manufacturing, testing, and repairing aerospace parts.
GE Additive, HP Inc., Optomec, Inc., Höganäs AB, 3D Systems, J Autodesk, Inc., Voxeljet AG, Arcam AB (General Electric), Organovo Holdings, Inc., ExOne Company, and Stratasys Ltd are some of the prominent players in the 3D printing materials market.
APAC 3D Printing Materials Market Forecast (2021 - 2026)
Chapter 1. APAC 3D Printing Materials Market – Scope & Methodology
1.1. Market Segmentation
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. APAC 3D Printing Materials Market – Executive Summary
2.1. Market Size & Forecast – (2021 – 2026) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2021 - 2026
2.3.2. Impact on Supply – Demand
2.3.3. Impact on Production Cost
2.3.4. Impact on Supply Chain
Chapter 3. APAC 3D Printing Materials Market – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. APAC 3D Printing Materials Market - Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porters Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. APAC 3D Printing Materials Market – Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. APAC 3D Printing Materials Market – By Type
Chapter 7. APAC 3D Printing Materials Market – By Form
Chapter 8. APAC 3D Printing Materials Market – By Technology
Chapter 9. APAC 3D Printing Materials Market – By Application
Chapter 10. APAC 3D Printing Materials Market – By End User Industry
10.1. Aerospace and Defense
10.2. Medical & Healthcare
10.4. Consumer Goods
10.6. Education & Research
Chapter 11. APAC 3D Printing Materials Market , By Country – Market Size, Forecast, Trends & Insights
11.1. Asia Pacific
11.1.2. South Korea
11.1.6. New Zealand
11.1.13. Rest of Asia-Pacific
Chapter 12. APAC 3D Printing Materials Market – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
12.1. Company 1
12.2. Company 2
12.3. Company 3
12.4. Company 4
12.5. Company 5
12.6. Company 6
12.7. Company 7
12.8. Company 8
12.9. Company 9
12.10. Company 10
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