Leading sector research, growth advisory, and analytics firm, MarketsandMarkets unveiled 360 Quadrant for the "Top 17 3D Printing Materials Companies, Worldwide 2023," classifying industry players Stratasys, Arkema, Markforged, and Evonik into distinct categories that reflect their exceptional contributions to the 3D printing materials arena.
These four renowned companies have solidified their positions in the 3D printing materials landscape through their unwavering commitment to material innovation, quality control, compatibility, customization, and eco-conscious solutions. Their remarkable strides in advancing the 3D printing materials sector have earned them well-deserved recognition in this exclusive quadrant, showcasing their impact on a global scale.
The 3D Printing Materials Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for 3D Printing Materials. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 200 companies of which the Top 17 3D Printing Materials Companies were categorized and recognized as the quadrant leaders.
The 360 Quadrant efficiently maps the 3D Printing Materials companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the 3D Printing Materials quadrant. Whereas the top criteria for product footprint evaluation included Material Form, Material Type, Technology Served, Application, and End-Use Industry.
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Stratasys Achieves Esteemed Recognition as a Market Leader in the " Top 17 3D Printing Materials Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant
Stratasys, a pioneering name in the 3D printing materials industry, has been recognized as the "Market Leader" in the prestigious " Top 17 3D Printing Materials Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. The company has achieved and solidified its commanding market position through its astute grasp of market trends and dynamics. Stratasys possesses a substantial market share, bolstered by its innovations and the brand recognition that sets it apart in the industry. Stratasys not only influences the industry's course but also consistently expands its dedicated customer base, highlighting its ability to lead and shape the 3D printing materials market.
The company provides Industrial 3D printing materials & filaments and supports a variety of 3D printing solutions for various industries such as automotive, aerospace, dental, medical, consumer products, and transportation. In the 3D printing domain, the company offers smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand. Some of the materials offered by the company for advanced manufacturing and 3D printing include photopolymers, thermoplastics, metals, and urethanes. The company's production-ready technologies include PolyJet, FDM, SL, P3, and SAF. Further, the company’s thorough business strategies that navigate the industry's complexities and the diverse portfolio of cutting-edge products and services it offers showcases its adaptability to meet diverse customer needs.
This recognition as a market leader by 360 Quadrants showcases Stratasys' significant global impact in the 3D printing materials landscape. Stratasys remains dedicated to driving innovation, sustainability, and excellence within the industry, positioning itself as a trusted partner for businesses seeking to leverage the full potential of additive manufacturing.
Arkema Recognized as a Contender in " Top 17 3D Printing Materials Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant
Arkema has a long history of designing specialty materials for photopolymerization, through its Sartomer product line, and custom formulations for 3D printing, through its N3xtDimension product line. Owing to Arkema's expertise and contributions to the field of 3D printing materials, the company was recognized among the contenders on the quadrant for "Top 17 3D Printing Materials Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. As a contender on this 360 Quadrant, Arkema showcases its remarkable understanding of market trends and dynamics. The company's investment in research and development, combined with its dedication to pushing the boundaries of what's possible in 3D printing materials, has contributed to its well-deserved recognition.
The company provides materials for chemical resistance, transparency, impact resistance, dielectric properties, heat resistance, or energy return applications. Its additive manufacturing (AM) product portfolio includes innovative solutions for each of the major 3D printing technologies such as liquid resins for energy curing, thermoplastic powders for bed fusion, and thermoplastic pellets for filament extrusion. UV-curable specialties are one of Arkema’s key low-VOC technologies, together with waterborne, high solids, and powder. The company offers an integrated line of performance liquid materials for UV-curable 3D printing, through N3xtDimension custom formulations for customer-specific product development. The company is undergoing various strategic activities in order to expand and strengthen its position in the 3D printing materials market. For instance, the company partnered with Raplas, a 3D Printing machine manufacturer, to enhance large-format 3D printing and promote more sustainable production for aerospace.
This recognition by 360 Quadrants not only acknowledges Arkema's significant market share but also its strong brand recognition, bolstered by a portfolio of cutting-edge products and services tailored to address diverse customer needs. While it may not offer a comprehensive range of products like market leaders, its significant influence and impact on the industry are indisputable. Arkema's deliberate emphasis on specific technologies and its dedication to achieving leadership within its chosen segments position it as a notable and forward-looking participant in its field.
Markforged Recognized as an Innovator in " Top 17 3D Printing Materials Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant
Markforged is a prominent company that has made significant strides in the field of 3D printing. The company is renowned for its innovative approach to 3D printing materials, particularly in the development of high-strength composite materials. Its recognition in the " Top 17 3D Printing Materials Companies, Worldwide 2023" is due to its innovative approach to materials development that has set it apart as a true industry leader, making a significant impact on the world of additive manufacturing. The company, as an innovator, boasts a robust product portfolio that pushes the boundaries of the industry with forward-thinking approaches.
Markforged has developed a unique technology called Continuous Fiber Fabrication (CFF), which allows for the reinforcement of 3D-printed parts with continuous fibers like carbon fiber, fiberglass, and Kevlar. This breakthrough technology has transformed the capabilities of 3D printing by producing parts with exceptional strength, durability, and performance characteristics. While it may currently have a smaller market presence compared to industry leaders, Markforged has the potential to ascend and become a major player, driven by its innovative spirit and commitment to excellence. The company’s product lineup includes 3D printers, materials, software, and a platform. It caters its services to various end-use industries such as aerospace, automotive, electronics manufacturing, energy, education and research, medical, and others. It offers industrial-grade 3D printing materials which include metal filaments, composite base filaments, and continuous fibers. Markforged's commitment to innovation extends beyond hardware. The company also offers a cloud-based software solution, The Digital Forge, that seamlessly connects software, 3D printers, and materials, thereby ensuring an easy workflow from design to production.
As an Innovator, Markforged continues to inspire the industry with its innovative approach to 3D printing materials excellence, setting new standards for the future.
Evonik Industries is a prominent and innovative player in the realm of 3D printing materials. As a leading global specialty chemicals company, Evonik has strategically positioned itself at the forefront of the additive manufacturing industry, offering a diverse range of cutting-edge materials that are instrumental in advancing 3D printing technologies. Owing to its expertise in the 3D printing materials industry the company was recognized as an Emerging Company in the " Top 17 3D Printing Materials Companies, Worldwide 2023".
Evonik boasts a comprehensive portfolio of 3D printing materials, including high-performance polymers, specialty additives, and custom-tailored solutions. These materials cater to a wide spectrum of industries, from aerospace and automotive to healthcare and consumer goods. The company caters to a multitude of applications through its brand INFINAM. It offers a wide range of ready-to-use powder formulations of the INFINAM brand like Polyamide 12 (PA 12), Polyamide 613 (PA 613), Thermoplastic Amides (TPA), or Thermoplastic Copolymers (TPC) suitable for common powder bed fusion technologies. The company also provides photopolymers and 3D-printable biomaterials for medical technology that can be used for manufacturing medical implants.
Evonik, with a focus on specific areas, provides specialized knowledge, targeted support, flexible terms, and competitive pricing within the 3D Printing Materials industry. While the company may have certain limitations, it is the preferred choice for specific use cases due to its strategic approach to expanding sales efforts and reaching a broader client base. Evonik's commitment to meeting specialized needs and continually growing aligns with industry dynamics, echoing the strategies highlighted in the provided context.
As global market dynamics continue to evolve, Stratasys, Arkema, Markforged, and Evonik remain at the forefront of innovation, setting benchmarks for excellence in the 3D printing materials landscape. Their inclusion in the “Top 21 3D printing materials companies, Worldwide 2023” by MarketsandMarkets 360 Quadrant reaffirms their commitment to delivering cutting-edge solutions to a dynamic and ever-changing market.
360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.
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