3D printing unveils growth opportunities

3D printing unveils growth opportunities
3D printing unveils growth opportunities

Recent analysis from Frost & Sullivan finds material suppliers must move from a product-based approach to an end-industry based approach. As 3D printing, or additive manufacturing (AM), moves from prototyping to end-part manufacturing, the companies supplying printing materials look to develop products that are application-based rather than adopt a one-material-fits all strategy. System suppliers and chemical companies have already introduced superior materials such as polyetherimide (PEI), polyaryletherketone (PAEKs), carbon-fiber reinforced grades and a wide range of performance metal powders.

“While opportunities are expanding, the chemicals market is held back to some extent because most chemical manufacturers supplying raw materials and formulations do not have a dedicated supply strategy in place for the 3D printing market,” said Frost & Sullivan’s Visionary Science Industry Manager Deepak Karthikeyan. “This can be attributed to the low volumes in the market and the relatively huge investments the suppliers need to make.”

Emergence of 3D Printing Materials is part of the Chemicals & Materials Growth Partnership Service program. Frost & Sullivan’s related studies include: Technologies Enabling Indoor Air Purification, Global Pigments Market, Construction and Infrastructure Mega Trends in Africa, 360 Degree Analysis of Plastic Compounding Market, and Desalination Technologies Market in Sub-Saharan Africa.