3d Printing Materials Business to Grow Higher in Coming Years.

With increasing innovations and research, the 3D Printing Materials Market is expected to generate revenue of around $1.05 billion by 2020 and will dominate other printing technologies.

Increasing demand and adoption of Additive Manufacturing Segment, the 3D printing materials market is forecast to grow in double digits from 2014 to 2020 with a highest CAGR of 29.6% during the forecast period, 2013-2020.

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Market Trends:

Medical Industry is expected to revolutionize in the future because of biomaterials which were introduced to 3D printing recently. While plastics are used to 3D print prosthetic parts and metals like titanium are used to replace hard parts of the body like skull, biomaterials will be able to print organs for the body which is a very big achievement to 3D printing industry. Recently they were able to print many organs like heart, liver and so on by using this technology and are currently using them for research purposes before starting the medical trials.

Although a lot of patents related to 3D printing industry have already expired, still there are some patents that protect fundamental methods and research. These key patents have expired in 2014, thus giving rise to high demand, lower prices and a larger scope for technology betterment.

Market Driving Factors:

• Now, a human heart can be printed using 3D Biological Material. This shall foster the global 3D Printing Materials Market.

• Antimicrobial Material Could Help 3D-Printed Body Parts Resist Infection. This healthy innovation is going to be a strong driver in the future.

Geographical Approach to the Market:

The U.S. is noted to be the current leader in contributing for the overall market share owing to the increasing fostering of 3D Printers year on year. Germany is the major industrial hub and its materials revenue is...