Binder Jetting Technology market

Binder Jetting Technology Market, Global Outlook and Forecast 2023-2029

  • 29 March 2023
  • Manufacturing & Construction
  • 76 Pages
  • Report code : PMR-7620047

  • 4.7 (158)

Binder Jetting Technology Market

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Binder Jetting/3DP (hereinafter referred to as BJ) is a high-efficiency and low-cost "line scan" 3D printing technology. It was born at the Massachusetts Institute of Technology in the United States as early as 1993. The industry chain is longer, and the development process of BJ technology obviously lags behind the laser 3D printing technology based on "point scanning", but with the advantages of efficiency and cost, BJ technology has a strong stamina. In recent years, with a series of technological breakthroughs in the field of BJ, especially the successful development of BJ metal, it has once again attracted widespread attention in the industry, which is called "Additive 2.0" technology. The origins of metal binder jetting can be traced back to 1993, when the Massachusetts Institute of Technology (MIT) developed an inkjet-based process that used metal powders to create 3D objects. Manufacturing company Extrude Hone Corporation licensed the MIT technology exclusively in 1996. The company has since developed and commercialized a metal binder jetting system, and the first 3D printer, the ProMetal RTS-300, was delivered to Motorola in 1999. ExOne was spun off from Extrude Hone Corporation in 2005 and until the early 2010s remained the only company offering metal binder jetting services and systems. At that point, early MIT patents on the technology began to expire, allowing new companies to enter the market. The 2010s marked a new era in metal binder jetting. From start-ups to more established players, many companies are actively seeking to break through the possibilities of current metal-bonded jetting technology. ExOne is one of the oldest players in metal binder jetting.

Binder Jetting Technology Market aims to provide a comprehensive presentation of the global market for Binder Jetting Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Binder Jetting Technology. Binder Jetting Technology Market contains market size and forecasts of Binder Jetting Technology in global, including the following market information:

Global Binder Jetting Technology Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Binder Jetting Technology Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Binder Jetting Technology companies in 2022 (%)

The global Binder Jetting Technology market was valued at US$ 91 million in 2022 and is projected to reach US$ 187 million by 2029, at a CAGR of 10.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global top three manufacturers of Binder Jetting Technology occupied for a share nearly 70 percent, key players are ExOne, Voxeljet and Desktop Metal, etc. North America is the largest producer of Binder Jetting Technology, has a share about 70%, followed by Europe and China.

We surveyed the Binder Jetting Technology manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Binder Jetting Technology Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Binder Jetting Technology Market Segment Percentages, by Type, 2022 (%)

Metallic Material

Ceramic Material

Plastic Material

Sand Material

Other

Global Binder Jetting Technology Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Binder Jetting Technology Market Segment Percentages, by Application, 2022 (%)

Industrial Parts

Aerospace

Car

Medical

Model Mold

Other

Global Binder Jetting Technology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Binder Jetting Technology Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Binder Jetting Technology revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Binder Jetting Technology revenues share in global market, 2022 (%)

Key companies Binder Jetting Technology sales in global market, 2018-2023 (Estimated), (Units)

Key companies Binder Jetting Technology sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

ExOne

Voxeljet

Desktop Metal

Digital Metal

3D Systems

Outline of Major Chapters:

Chapter 1: Introduces the definition of Binder Jetting Technology, market overview.

Chapter 2: Global Binder Jetting Technology market size in revenue and volume.

Chapter 3: Detailed analysis of Binder Jetting Technology manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Binder Jetting Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Binder Jetting Technology capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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