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3D Printing Materials Market Share, Historical Growth, Analysis, Opportunities and Forecast To 2028

3D Printing Materials Market Share, Historical Growth, Analysis, Opportunities and Forecast To 2028

Credible experts suggest that global 3D Printing Materials Market is likely to increase at a moderate rate of 18% over the forecast period 2022 to 2028.

Favorable government support for R&D activities across multiple sectors, the rapid growth of additive manufacturing, the use of 3D printing technology in production, and mass customization are some of the primary factors driving the growth of global 3D printing materials market.

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Additionally, rapid industrialization in developing nations, rising print advertising demand, and soaring investments in healthcare technology are uncovering profitable business opportunities for enterprises in this arena.

Globally, the COVID-19 pandemic has had a negative impact on a number of economies and businesses. In the same line, global 3D printing materials market has been badly impacted by the COVID-19 outbreak. However, the healthcare business was least affected because of a spike in demand for coronavirus treatment-related medical supplies and equipment. There are several prospects for 3D printing businesses and manufacturers worldwide as a result of the utilization of 3D printing materials to produce medical equipment and personal protective gears during the pandemic.

Worldwide 3D printing materials marketplace is classified based on material type, form, and industry. Based on material type, the industry is bifurcated into metals {aluminum, cobalt, steel, others (nickel and alloys)}, plastic {polylactic acid (PLA), polyethylene terephthalate (PET), high impact polystyrene (HIPS), polyvinyl alcohol (PVA), others (acrylonitrile butadiene styrene nylon)}, ceramic, and others. Among these, the plastic vertical is estimated to hold the largest share of the market in the ensuing years.

Moving on to the form, the market is segmented into powder, filament, and liquid. With respect to the industry, the marketplace is segmented into industrial manufacturing, automotive, healthcare & medical, aerospace & defense, and others.

From the regional point of view, this business space extends to the Middle East & Africa, Asia-Pacific, Europe, Latin America, and North America. Of these, North American industry is anticipated to witness significant growth over the evaluation period.

The competitive rundown of global 3D printing materials industry constitutes of companies such as Evonik Industries AG, Höganäs AB, General Electric Company, The ExOne Company, Materialise N.V., Arkema S.A., Stratasys, Ltd., Koninklijke DSM N.V., and 3D Systems Corporation.

Question & Answer: Global 3D Printing Materials Market

Question 1: Which factors are contributing to global 3D printing materials market growth?

Answer: The favorable government funding for R&D activities across the sectors, the rapid expansion of additive manufacturing, mass customization related to 3D printing, and the utilization of 3D printing technology in production are some of the primary factors driving the growth of global 3D printing materials market.

Question 2: Which additional factors are gaining traction in global 3D printing materials market?

Answer: Rapid industrialization in developing countries, growing demand for print advertising, and surging investments in the healthcare sector technologies are uncovering profitable business opportunities for enterprises in this arena.

Question 3: Which companies are profiled in global 3D printing materials market report?

Answer: The competitive landscape of global 3D printing materials industry is defined by companies such as Koninklijke DSM N.V., Höganäs AB, The ExOne Company, General Electric Company, Materialise N.V., Arkema S.A., Evonik Industries AG, Stratasys, Ltd., and 3D Systems Corporation.

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