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3D printing materials are used in the manufacturing of various plastic and metal materials. 3D printing materials are widely used in the lightweight component of automobiles and aerospace. In the medical industry, it is used along with the biocompatible metal such as titanium and cobalt to produce medical implants. Moreover, 3D printing materials are also used in manufacturing of flexible geometries across various industries.

The GCC and Levant 3D printing materials market is projected to surpass US$ 0.7 million by the end of 2027, in terms of revenue, growing at CAGR of 17.5% during the forecast period (2020 to 2027).

Drivers

Growth in the organ transplant surgeries in the GCC region has augmented the demand for 3D printing materials, thus fueling the market growth. According to the American Academy of Cosmetic Surgery Hospital, there has been a tremendous rise in cosmetic surgery procedures across the GCC and Levant countries. Thus, growth in surgeries is expected to accelerate the market growth of 3D printing materials.

The growing use of 3D printing materials in the manufacturing of complex structures for the aerospace industry is expected to augment the market growth of the 3D printing materials. Moreover, 3D also enables a high degree of customization for various aerospace components and also reduce the overhead costs for short-run components.

Market Restraints

The health risk associated with the exposure to toxic products used in the printing is expected to restrict the adoption of the 3D printing materials. This is projected to negatively impact market growth over the forecast period.

Lack of strict and uniform guidelines for the manufacturing of the 3D printing materials in the GCC region is expected to hamper the market growth. Due to this, only a few companies opt for 3D printing materials for producing finished products. According to the Coherent Market Insights analysis, in GCC, only 0.01% of the overall manufacturing industry leverages 3D printing technology to produce finished goods

Market Opportunities

Increasing initiatives by the government to set up 3D manufacturing labs across various sectors in the GCC region is projected to provide immense growth opportunity to the market. Moreover, rising awareness regarding operational cost-profit among manufacturers has led to the emergence of new 3D printing start-ups in the region. All these factors are expected to augment the market growth of the GCC and Levant 3D printing materials.

Growth in the e-retailers in the GCC region that are selling 3D printing is expected to augment the market growth over the forecast period. E-retailers helps in reducing the supply chain gap between manufacturers and end-user and enable easy purchasing of the products. Thus, growth in the e-retail industry will favor market growth over the forecast period. 

Figure 1. GCC and Levant 3D Printing Materials Market – Opportunity Analysis

GCC and Levant 3D Printing Materials  | Coherent Market Insights

Market Trends

Increasing adoption of multi-material filament among manufacturers in the Levant in the production of complex structures is expected to stimulate market growth. For example in Israel, nylon and metals are used in combination to manufacture spare parts for aerospace and automobiles.

Increasing adoption of Nylon and Metallic Filaments across the industrial sector in GCC and Levant is expected to foster market growth. Moreover, rising consumption of 3D Printing Technology in the energy sector is further anticipated to accelerate the market growth over the forecast period.

Figure 2. GCC and Levant 3D Printing Materials Market, Revenue Share (%), By Application, 2019

GCC and Levant 3D Printing Materials  | Coherent Market Insights

On the basis of application, electronics & consumer dominated the GCC and Levant 3D printing materials market in 2019 with around 21% of market share in terms of revenue, followed by industrial and medical, respectively.

Competitive Section

Key players are operating in the GCC and Levant 3D printing materials market are 3D Systems, Stratasys Ltd., Beijing Tiertime Technology Co. Ltd., ExOne Co., 3D Filament Manufacturing, Coex LLC, and MatterHackers Inc.

Few Recent Developments

3D Systems

  • In March 2020, 3D Systems has announced the availability of comprehensive test data for a number of its 3D printing materials. This is expected to increase transparency around material performance to allow engineers and manufacturers to make informed decisions about which materials are best suited to their application needs.
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The GCC and Levant 3D printing materials market is majorly driven by rising product demand in the various end-user industries electronics and automobile. 3D printing technology is being increasingly adopted by electronics and automobile manufacturing companies across the globe owing to its various advantages such as faster production of complex designs, reduction material loss, and high accurate.

Market Dynamics

The GCC and Levant 3D printing materials market has witness a surge in market growth in terms of revenue in recent past years, owing to the growing demand for cost efficient organs replacement surgeries in the healthcare sector, which in turn, has provided the lucrative growth to the GCC and Levant 3D printing material market in recent past years.

GCC and Levant 3D printing materials market is driven by factors such as the rising growth of retail sector in the region, reducing cost of production, and the growth of new supply chains. The steady expansions of manufacturing units of 3D printing materials in the region, coupled with the rise of 3D printing technology based startups, has significantly bolstered the 3D printing materials market in the region.

Key features of the study:

  • This report provides in-depth analysis of GCC and Levant 3D Printing Materials market size (US$ Million and Kilogram), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the GCC and Levant 3D Printing Materials market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plant
  • Key companies covered as a part of this study includes 3D Systems, Stratasys Ltd., Beijing Tiertime Technology Co. Ltd., ExOne Co., 3D Filament Manufacturing, Coex LLC, and MatterHackers Inc.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The GCC and Levant 3D Printing Materials market report caters to various stakeholders in this industry including investors, suppliers, GCC and Levant 3D Printing Materials manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the GCC and Levant 3D Printing Materials market

Detailed Segmentation:

  • GCC and Levant 3D Printing Materials Market, By Filament Type:
    • ABS
    • PLA
    • HIPS & PVA
    • Nylon
    • Wood
    • PET
    • Metals
    • Ceramics
    • Others
  • GCC and Levant 3D Printing Materials Market, By Application:
    • Electronics & Consumer Goods
    • Automotive
    • Medical
    • Industrial
    • Education
    • Aerospace
  • GCC and Levant 3D Printing Materials Market, By Diameter Type:
    • 1.75 mm
    • 3 mm
    • Others
  • Company Profiles
    • 3D Systems*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Stratasys Ltd.
    • Beijing Tiertime Technology Co. Ltd.
    • ExOne Co.
    • 3D Filament Manufacturing
    • Coex LLC
    • MatterHackers Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Filament Type
      • Market Snippet, By Application
      • Market Snippet, By Diameter Type
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. GCC and Levant 3D Printing Materials Market, By Filament Type, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • ABS
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • LA
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • HIPS & PVA
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Nylon
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Wood
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • PET
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Metals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Ceramics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  5. GCC and Levant 3D Printing Materials Market, By Application, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Electronics & Consumer Goods
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Medical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Education
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Aerospace
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  6. GCC and Levant 3D Printing Materials Market, By Diameter Type, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • 1.75 mm
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • 3 mm
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Million)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Plastic2Oil
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • 3D Systems, Stratasys Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Beijing Tiertime Technology Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • ExOne Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • 3D Filament Manufacturing
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Coex LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • MatterHackers Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 25 market data tables* and 20 figures* on "GCC and Levant 3D Printing Materials Market” – global forecast to 2027

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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