Aerospace 3D Printing Materials Market research report with growth, latest trends & forecasts till 2026


The Aerospace 3D Printing Materials Market is projected to register significant growth owing to increasing investments in the military & defense sector. Manufacturing companies are slowing edging towards 3D printing technology as it offers enhanced design flexibility for developing complex and intricate parts and components as well as eradicate the need for molds which makes the development process more expensive and time consuming.

Increasing usage of additive manufacturing (AM) for the creation of complex lightweight aircraft cabin interiors could massively support 3D printing material demand. Rising number of space exploration activities along with proliferating demand for satellite spare parts would boost product adoption. Aerospace companies like NASA have installed plastic 3D printers in their International Space Station (ISS). These printers can develop components with the help of ABS and ULTEM 9085 plastic.

Aerospace companies are also inclining towards using ceramic 3D printing materials as they offer several product innovation opportunities. Companies are constantly seeking new applications for 3D printing technology as it helps experiment with different materials and develop components that are well-suited for aircraft parts. Ceramic materials are often incorporated into airplane landing system to minimize the landing system’s weight while strengthening its core structure for high impact force.

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Based on its wide-spread application, Global Market Insights, Inc., estimates that the aerospace 3D printing materials market could cross USD 495 million by the year 2026.

In terms of applications, the industry is mainly bifurcated into rapid prototyping, part production, and tooling. Rapid prototyping segment is likely to accrue USD 105 million by the end of 2026. For the record, rapid prototyping can be defined as the fast fabrication of a physical part, assembly, or model with the help of 3D CAD systems and additive manufacturing. It enables low production volumes by developing complex trial prototypes of latest aerospace 3D printing components. Additionally, it offers a cost-effective alternative to authorize an airplane part before sanctioning it for full-scale manufacturing.

On the geographical front, Asia Pacific is considered to be a lucrative terrain for local aerospace 3D printing material companies. The region has managed to control a significant market share over the years and is expected to record noteworthy growth over the predicted timeline.

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Countries like China and Japan are playing a crucial role in driving the demand for 3D printing materials as the region strides forward to multiply its fleet within the next two decades. In addition to this, rising demand for fuel-efficient aircrafts could further aid product penetration.

Companies operating in the aerospace 3D printing materials sector are constantly working on researching and innovating new and enhanced products to improve overall market presence and consumer base. Citing an instance, Arkema is working on developing a variety of certain grades of Kepstan® PEKK powders, an advanced performance polymer which plays a vital role in laser sintering processes, helping components exhibit extreme toughness. Apart from Arkema, companies like Solvay, GE, Stratasys, BASF SE, 3D Systems, ExOne, and Ultimaker are leading the industry forefront with innovative product lineups.

Browse key industry insights spread across 285 pages with 410 market data tables and 34 figures & charts from the report, Aerospace 3D Printing Materials Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/aerospace-3d-printing-materials-market

Report Content

Chapter 3. Aerospace 3D Printing Materials Industry Insights

3.1.  Industry segmentation
3.2.  Industry landscape, 2016 – 2026
3.2.1. COVID-19 impact on industry landscape
3.3.  Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.2. Manufacturer
3.3.3. Distribution channel analysis
3.3.4. Vendor matrix
3.4.  Technology landscape
3.4.1. Nano-modified Aerospace 3D printing materials
3.4.2. Composite wing spars
3.4.3. Automated composite manufacturing pilot plant
3.4.4. Thermoplastics at the forefront of composite technology
3.4.5. Composite engine components driving efficiency in aviation
3.5.  Raw material analysis
3.5.1. Carbon
3.5.2. Glass
3.5.3. Ceramic
3.5.4. Aramid
3.5.5. COVID-19 impact on raw material supply, by region
3.5.5.1.    North America
3.5.5.2.    Europe
3.5.5.3.    Asia Pacific
3.5.5.4.    LATAM
3.5.5.5.    MEA
3.6.  Benefits of 3D printing materials
3.6.1. Provides strength to weight ratio
3.6.2. Increases durability
3.6.3. Ability to create complex designs
3.7.  Future of composites in aerospace
3.7.1. Materials development
3.7.2. Carbon fiber availability
3.8.  Regulatory landscape
3.8.1. North America
3.8.2. Europe
3.8.3. Asia Pacific
3.8.3.1.    China
3.8.3.2.    India
3.8.4. Latin America
3.8.5. MEA
3.9.  Industry best practices & key buying criteria
3.10.    Pricing analysis
3.10.1.  Regional pricing
3.10.1.1.     North Ameri
3.10.1.2.     Europe
3.10.1.3.     Asia Pacific
3.10.1.4.     Latin America
3.10.1.5.     MEA
3.10.2.  Cost structure analysis
3.10.3.  COVID-19 impact on pricing
3.11.     Industry impact forces
3.11.1.  Growth drivers
3.11.1.1.     Growing aviation industry coupled with rising demand for fuel-efficient aircraft
3.11.1.2.     Robust demand for high strength and lightweight composite materials
3.11.1.3.     Propelling space exploration and defense industry
3.11.2.  Industry pitfalls & challenges
3.11.2.1.     High material and manufacturing cost
3.12.     Innovation & sustainability
3.12.1.  Future trends including COVID-19 impact
3.12.1.1.     Production trends
3.12.1.1.1.     North America
3.12.1.1.2.     Europe
3.12.1.1.3.     Asia Pacific
3.12.1.1.4.     LATAM
3.12.1.1.5.     MEA
3.12.1.2.     Demand trends
3.12.1.2.1.     North America
3.12.1.2.2.     Europe
3.12.1.2.3.     Asia Pacific
3.12.1.2.4.     LATAM
3.12.1.2.5.     MEA
3.13.     Growth potential analysis
3.14.    Porter’s analysis
3.14.1.  Supplier power
3.14.2.  Buyer power
3.14.3.  Threat of new entrants
3.14.4.  Threat of substitutes
3.14.5.  Industry rivalry
3.15.     Competitive landscape
3.15.1.  Company market share analysis, 2019
3.15.2.  Strategy landscape
3.16. PESTEL analysis
3.17.    COVID-19 impact on aerospace industry

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
 

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