Crozet, VA: SmarTech Publishing, the leading provider of industry analysis and market forecasting data to the additive manufacturing industry, has published in its latest study Vat Photopolymerization 3D Printing Markets 2018, that the vat photopolymerization 3D printing segment is undergoing a major identity shift to move beyond its roots in prototyping and investment casting patterns to address serial production opportunities in industry and compete with injection molding technology. Accounting for both printer hardware and material shipments to professional and industrial end users, vat photopolymerization 3D printing technology generated the most total revenues of any other polymer 3D printing technology in 2017 at over $950M.
The report is the third of four deep dive market research studies on the primary polymer 3D printing technology markets to be released by SmarTech, each focusing on one of the major polymer 3D printing technologies, which are all developing into independent market opportunities with unique strengths, weaknesses, and opportunities.
More details about the report can be found at: https://www.smartechpublishing.com/reports/vat-photopolymerization-3d-printing-market/
About the Report:
This report is released as a standalone deep dive analysis for vat photopolymerization 3D printing, and is accompanied by the release of other reports from SmarTech Publishing on individual polymer 3D printing technologies including material extrusion, powder bed fusion, and jetting methods of binder and material jetting. While a fully featured, market wide market analysis report from SmarTech Publishing was also released earlier this year, this report focuses specifically on the issues, challenges, opportunities, and growth of powder bed fusion 3D printing in the professional and industrial use environment. The report features a wealth of technology-specific data focused on identifying both hardware and material opportunities, including printer shipments and revenues, installations, material shipments by polymer class, and resulting material sales revenues.
From the Report:
• Vat photopolymerization 3D printing technology is currently the only print technology to utilize thermoset polymers, but historically these materials have been only suitable to address a portion of the potential spectrum of innovation theoretically afforded by 3D printing technology –producing excellent prototypes, functional prototypes, and many forms of tooling and patterns, but lacking in ability to fabricate robust end use parts with long service life.
• However, thanks to a combination of material developments for classic vat photopolymerization technologies, and a growing push in creating new high speed, layer-free 3D printing using photopolymerization, the ability for vat photopolymerization 3D printing to move into the serial manufacturing and end-use component application areas is increasing at an exponential rate. Meanwhile, proven value-add applications for vat photopolymerization 3D printing in dentistry, jewelry, hearing aid production, and personalized surgery provide an excellent backbone for industry stakeholders to develop production-ready technologies for the near future.
• Photopolymer printing materials used in vat photopolymerization technologies generated almost 43 percent of polymer 3D printing material revenues during 2017, the largest segment of the print materials industry in terms of revenues. Photopolymer revenues doubled that of every other single 3D printing material group, including metal powders, thermoplastic powder, thermoplastic filaments, and more, driven by the vibrant dental resin segment.
About SmarTech Publishing:
Since 2013 SmarTech Publishing has published reports on all the important revenue opportunities in the 3D printing/additive manufacturing sector and is considered the leading industry analyst firm providing coverage of this sector. SmarTech analysis and data drives strategy development in the additive industry, and has been adopted and presented by many of the industry’s largest firms.
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