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3D Printing Materials Market Size Detailed Analysis of Current Industry Figures with Forecasts Growth By 2028

Date: January 20, 2023 Ashwin Naphade Ashwin Naphade
3D Printing Materials Market Size Detailed Analysis of Current Industry Figures with Forecasts Growth By 2028

A comprehensive research study on 3D Printing Materials market added on Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of 3D Printing Materials market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Global 3D Printing Materials Market Analysis and Forecast 2019-2028 The global 3D printing material market is estimated to witness a robust growth rate of over 18% during the forecast period.

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Moreover, other factors driving the market growth include rapid industrialization in developing nations, growing demand for print advertising, and increased investments in the healthcare sector. Furthermore, the market growth is supported by the increased use of additive manufacturing to fabricate various industrial parts and items in the forthcoming years.

Market Structure and Competition Landscape

The global 3D printing material market is consolidated in nature with the presence of a few key players holding the major share in the market. Some of the prominent players that contribute significantly to the market include 3D Systems Corporation, Stratasys Ltd., Evonik Industries AG, Arkema SA, Materialise NV, General Electric Company, The ExOne Company, Hoganas AB, and Royal DSM N.V. among others.

Market Segmentation

The global 3D printing market has been analyzed on the basis of material type, form, industry, and region. Based on material type, the market is segmented into plastic, metals, and others. Among these, the plastic segment is estimated to hold a prominent share in the market. Based on form, the market is segmented into liquid, powder, and filament.

Further, on the basis of industry, the market covers the analysis of aerospace & defense, automotive, industrial manufacturing, healthcare & medical, and others. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to hold a prominent share in the market.

global 3D printing material market include:

In October 2021, Stratasys Ltd. acquired the remaining shares of Xaar 3D Ltd., which is expected to aid the company's growth in the sector of 3D printing materials.

In October 2021, Evonik Industries created two new photopolymers for 3D printing, namely, INFINIUM RG 3101 L and INFINIUM FL 6300 L. This recently announced product line of synthetic resins is suitable for use in standard photopolymer 3D printing techniques such as Stereolithography (SLA) or Digital Light Processing (DLP).

These players adopt various strategies including acquisition, product development and innovation in order to reinforce their market share and gain a competitive edge over other competitors in the market. Some of the key developments in the The market growth is attributed to the favorable government support for research and development across sectors, significant growth in additive manufacturing, mass customization associated with 3D printing, and usage of 3D printing technology in manufacturing applications.

Questions And Answers: Global 3D Printing Materials Market

Q1. What is the CAGR that the 3D Printing Materials Market is expected to register through the projected duration?

Answer: The 3D Printing Materials Market is likely to register a CAGR of 18% over the forecast period.

Q2. Which Are the Key Players in Global 3D Printing Materials Market?

Answer: Stratasys Ltd., Evonik Industries AG, Arkema SA, Materialise NV, General Electric Company, The ExOne Company, Hoganas AB, and Royal DSM N.V among others are the leading players in worldwide 3D Printing Materials Market

For more details on this report: https://www.marketstudyreport.com/reports/global-3d-printing-materials-market-trends-analysis-and-forecast-2019-2028

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Ashwin Naphade

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interests also cover the game of cricket (seeing as well as playing) and movies ( a typical bollywood buff).