Scope of the Study
Additive manufacturing is a industrial standard term for applications in technology. It is the process of joining materials from 3D model. The objectives in additive manufacturing are built layer by layer as compared to traditional manufacturing which requires machining. Different materials are used in additive manufacturing such as Polymers, ceramics and metals. In addition, other materials include adhesive papers, paper chocolate and polymer adhesive sheets. These materials determine the final quality. However, post manufacturing material quality does not remain similar.
The market study is being classified by Type (Polymers, Ceramics, Metals and Others) and major geographies with country level break-up.
GE additive (Germany), Evonik (Germany), GKN Sinter Metals Engineering GmbH (Germany), 3D Systems, Inc. (United States), Stratasys Ltd. (Israel), ExOne (United States), EnvisionTEC (Germany), EOS (Germany) and Materialise NV (Belgium) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Additive Manufacturing Materials market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Additive Manufacturing Materials market by Type, Application and Region.
On the basis of geography, the market of Additive Manufacturing Materials has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Developments of New Materials and Improved Technologies
- Low Production Costs for Rapid Manufacturing
- Introduction of Tool less Additive Manufacturing Techniques
- Material Availability Issues May Hamper the Market
- Issues Related to Costs, Quality, and Development
- Increased Government Funding is Boosting the Market
- Growing Industries Such as Healthcare and Manufacturing, and Automotive
- Limited Availability of Additive Manufacturing Companies
Market Leaders and their expansionary development strategies
On 14 January 2020, Evonik has acquired Wilshire Technologies Inc. which is a United States based phytochemical company. This acquisition will provide the opportunities for intensifying Evonik’s competencies in phytochemical ingredients and intermediaries.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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