Product Overview

3D printing is a novel method of creating a 3-dimensional object by depositing layers of printing material and also known as additive manufacturing. This tool-less method assists in producing fully dense metallic parts in less time with high precision. Metals used for 3D printing includes titanium alloys, aluminum, nickel, stainless steel, and copper. The use of metals for 3D printing provides several benefits including resistance to corrosion, strength, and light-weighting which makes it suitable for applications such as aerospace, Defense, automobile, and oil and gas. Introduction of 3D metal printing technology has enabled the manufacturers to manufacture complex structures with design flexibility which could not be obtained with the help of old and conventional technique.

Market Highlights

Global 3D Printing Metals Market is expected to project a notable CAGR of 30.13% in 2030.

Global 3D Printing Metals market to surpass USD 10.72 billion by 2030 from USD 0.76 billion million in 2020 at a CAGR of 30.13% in the coming years, i.e., 2021-30. The Global 3D printing metals are expected to grow due to the rising demand from aerospace & defense and automotive end-use industries, low production cost, and reduction in lead times. Additionally, increasing usage of metal 3D printing owing to better design flexibility, less waste, and cost-effectiveness in the overall manufacturing landscape is anticipated to drive the market.

Recent Highlights in Global 3D Printing Metals Market

In November 2019, Renishaw plc collaborated with Sandvik Additive Manufacturing to qualify new additive manufacturing (AM) materials for production applications. These materials include an array of metal powders and new alloy compositions that can be optimized for the laser powder bed fusion (LPBF) process and superior material properties. With this collaboration, Renishaw plc developed new metal materials for 3D printing.

In March 2019, Stratasys Direct Manufacturing, a subsidiary of Stratasys, Ltd. expanded its Metal 3D printing production with VELO3D’s Sapphire 3D print system and Flow software. The expansion was done to fulfill the rising demand for 3D metal products for various applications. This expansion helped the company meet the customer demand for 3D metal printed products in North America.

Global 3D Printing Metals Market: Market Segments

Powder segment to grow with the highest CAGR during 2021-30

Global 3D Printing Metals market is segmented by form into powder and filament. The powder segment held the largest market share of XX.X% in the year 2019. Powders used in 3D printing have high packing density and spherical morphology, which allows good flow properties. These can produce high-density products with complicated geometrics, that are used to manufacture engine parts and components.

Titanium Segment to grow with the highest CAGR during 2021-30

Global 3D Printing Metals market is distributed by metal type into Titanium, Nickel, Stainless Steel, Aluminum and Others. Titanium Segment held the largest market share of XX.X% in the year 2019. The demand for titanium is increasing due to its rising application in the aerospace and defense industry. Titanium holds properties such as high impact and high-temperature resistance which is anticipated to lead to the sustainable growth of the market.

Aerospace & Defense Segment to grow with the highest CAGR during 2021-30

Global 3D Printing Metals market is distributed by the end-user into Automotive, Aerospace & Defense, Medical & Dental and others. The Aerospace & Defense segment held the largest market share of XX.X% in the year 2019. 3D printing reduces the overall mass of an aircraft thereby decreasing the fuel waste. Metal 3D printing is applied to print fuel nozzles and other critical engine parts that need high precision and accuracy in the aerospace & defense industry.

Market Dynamics

Drivers

Increasing Application of 3d Printing Metal in the Aerospace Industry

Growing adoption of 3D printing metals in the aerospace & defense sectors due to the ability to reduce the weight of aerospace components is projected to witness the growth of the 3D printing metals market. The components utilized during the manufacturing of aircraft require advanced engineering substances and complex geometries. 3D printing in the manufacturing of aircraft enables the fabrication of highly complex and lightweight structures. Moreover, 3d printing enhances the performance of the aircraft.

Wide array of raw materials

Introduction of 3D printing metals has set a new standard in the metal manufacturing industry. 3D printing metals are gaining popularity owing to their potential to make materials with complex geometries and a unique set of physical and chemical features. They offer excellent ductility, heat resistance, and low weight. In addition, the adoption of promising raw materials in 3D printing has prompted the demand for 3D printing metals in numerous applications.

Restraint

High Cost

High cost linked with metals is expected to hinder the global 3D printing metal market. The extraction process of metals is complex and requires high energy consumption, which leads to a rise in prices.

Global 3D Printing Metals Market: Key Players

3D Systems Corporation

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Arcam AB,

MaterialiseNV,

ExOne GmbH,

Hoganas AB,

Renishaw Plc,

Equispheres,

Carpenter Technology Corporation,

Sandvik AB.

Stratasys Ltd.

Voxeljet AG

Other Prominent Players

Global 3D Printing Metals Market: Regions

Global 3D Printing Metals market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific (APAC) and Middle-East & Africa (MEA).

Global 3D Printing Metals market in Asia Pacific held the largest market share of XX.X% in the year 2019. Asia Pacific will continue to dominate the Global 3D Printing Metals market due to rising investments in the construction, automotive, aerospace and defense sectors. The rapidly growing manufacturing industry in the region coupled with the presence of significant market players and adoption of innovative techniques is estimated to fuel the demand for the 3D printing metals market.

Global 3D Printing Metals market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia-Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

Middle East & Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MEA

Global 3D Printing Metals market report also contains analysis on:

3D Printing Metals market Segments:

By Form

Powder

Filament

By Technology

Powder bed fusion (PBF)

Directed energy deposition (DED)

Binder Jetting

Metal Extrusion

Others

By Metal

Titanium

Nickel

Stainless Steel

Aluminum

Others

By End User

Automotive

Aerospace & Defense

Medical & Dental

Others

Global 3D Printing Metals Market Dynamics

Global 3D Printing Metals market size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. 3D Printing Metals Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. 3D Printing Metals Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. 3D Printing Metals Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12. 3D Printing Metals: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada) By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America) By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa) By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.2. By Form : Market Share (2019-2030F)

12.2.1. Powder ,By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.2.2. Filament, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.3. By Technology : Market Share (2019-2030F)

12.3.1. PBF, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.3.2. DED, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.3.3. Binder Jetting, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.3.4. Metal Extrusion, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.3.5. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.4. By Metal Type: Market Share (2019-2030F)

12.4.1. Titanium, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.4.2. Nickel, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.4.3. Stainless Steel, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.4.4. Aluminum, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.4.5. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.5. By End User: Market Share (2019-2030F)

12.5.1. Automotive,, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.5.2. Aerospace & Defense, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.5.3. Medical & Dental, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

12.5.4. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 202O-2030F

13. Company Profile

13.1. 3D Systems Corporation

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

14 Arcam AB

15 MaterialiseNV

16 ExOne GmbH

17 Hoganas AB

18 Renishaw Plc

19 Equispheres

20 Carpenter Technology Corporation

21 Sandvik AB.

22 Stratasys Ltd.

23 Voxeljet AG

23.1. Other Prominent Players

24 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)