As of now, 20 different working principles are known with 194 OEMs supplying machines. Read in the following the development and news for the year 2021. What were the highlights, what will change the industry.
As of today, 16 different working principles are known with over 248 vendors supplying machines.The polymer Additive Manufacturing is dynamic as ever. Read in the following the development and news for the year 2021. What were the highlights, what will change the industry.
Basis for the AMPOWER Report 2022 are personal interviews as well as secondary research from publicly available sources. The personal interviews were conducted directly by AMPOWER staff. The respondents were typically the respective Additive Manufacturing managers or directors with insight into the technological as well as economical company figures. The total number of data points of the AMPOWER Report 2022 data acquisition exceeds 23,600. Additional historical data and qualitative information was used to describe the AM market most accurately.
Various industries have successfully adopted polymer Additive Manufacturing. Consumer Goods and Automotive are using the freedom of AM to increase the comfort of their products by designing lattice structures.
The AMPOWER Report clusters industries into the categories of “Civil Aviation, Turbines, Helicopters”, “Defense” “Space” “Automotive, Motorsports, Trucks, Buses”, “Energy, Powerplants”, “Oil, Gas”, “Medical”, “Dental”, “Industrial”, “Tooling, Molding”, “Naval, Rail”, “Part Manufacturing Suppliers”, “High Tech”, “Research Institutions”, “Consumer Goods” and “Others”. The following chapter will describe the polymer Additive Manufacturing market from the perspective of these verticals.
Currently 16 different polymer Additive Manufacturing technologies are commercially available. Many of them in an early market penetration stage looking for fast growth and increasing market share.
Filament Based Material Extrusion continuous to lead the way in polymer Additive Manufacturing.
The spread of this technology will continue to dominate the installed base in the future. However, other technologies will gain share in the next 5 years and thus further diversify the market. Particularly, Area-wise Vat Polymerization is projected to gain market share as productivity increases are expected.
The market analysis segmented by regions will provide insights into the current state and outlook of the polymer Additive Manufacturing market for the different areas of the world.
The regions of interest are mostly categorized into the groups of the Americas (AMER), the Asia Pacific region (APAC) consisting of East Asia, South Asia, Southeast Asia, and Oceania as well as the group of Europe, the Middle East and Africa (EMEA).
Polymer Additive Manufacturing was a key element to overcome the global COVID-19 pandemic in 2020. The technology of polymer Additive Manufacturing was highlighted by the media for its capability of suppling medical goods quickly, where and when they were needed. Additive Manufacturing was broadly used to overcome the lack of availability for certain goods suddenly spiking in demand. Most prominent example is the manufacturing of nasal swabs or face shields as the traditional production lines were not available or able to cover the demand on such short notice. Overall, the AM community demonstrated the advantages and capabilities of the technology in such scenarios.
Nevertheless, most suppliers from the polymer AM industry reported a near to flat year in 2020, reaching an overall market value of EUR 5.14 billion. However, parallel to the general economic recovery in 2021 and beyond, the AM market expects to go back to its strong growth of the past. Suppliers expect a CAGR of 15.4 % over the next 5 years.
The polymer Additive Manufacturing material market is expected to significantly grow from 2021 to 2026. Few industries especially drive the material consumption.
Over the next years, it is expected that the material market will adapt more and more to the properties required by the applications. The extended material portfolio within all printing categories will eventually enable the development of new applications. Further material development will contribute to the maturing of the polymer market.
Over 16 different polymer AM technologies are currently known and all at different stages of technological and industrial maturity. This section evaluates important characteristics describing the state of the industrial use of polymer AM today and in the future.
While the Dental industry has already implemented mass customized products, the Consumer Goods industry is also picking up the advantages of Additive Manufacturing. The mass customization of lattice structures within sporting goods or eye ware frames is just another step for the polymer Additive Manufacturing market to take to widespread industrial use of AM.
The metal Additive Manufacturing material market is expected growing significantly in the coming years. On one hand material consumption is driven by high end applications in aviation and medical. On the other hand, sinter-based technologies will drive steel applications in automotive and industrial sector.