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3D Printing Material
Revolutionizing Manufacturing: Exploring Innovations and Applications of 3D Printing Materials in Various Industries Worldwide
The 3D Printing Material market experiences surging demand fueled by expanding applications, material innovation, and manufacturing advancements globally” - Exactitude Consultancy
LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 24, 2024 /EINPresswire / -- Catapult Your Business To Fore, Gain Competitive Advantage
The Latest Research report on“global 3D Printing Material Market Report 2023 – Future Opportunities, Latest Trends, In-depth Analysis, and Forecast To 2029” offers strategic visions into the global 3D Printing Material market along with the market size (Volume – Million Units and Revenue – US$ Billion) and estimates for the duration 2023 to 2029.
Increasing demand for flexible and lightweight components in the automobile and aerospace industries is estimated to drive substantial market expansion over the coming years. Growing inclination toward 3D printing technology for several applications, including the production of complex parts, is set to impact the 3D printing material market size positively. In addition, 3D printing provides flexibility in the production procedures to the designers for structure development at a minimum price. With the rising requirements for lightweight components, especially in the automotive and aerospace sectors, an increased demand for 3D printing materials is experienced.
The Global 3D printing material Market is expected to grow at more than 23% CAGR from 2019 to 2030. It is expected to reach above USD 6 billion by 2030 from a little above USD 2 billion in 2023.
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Some of the important players in 3D Printing Material market are:
3D Systems Corp., Arcam AB, Arkema S.A., Royal DSM N.V., Exone GmbH, Stratasys Ltd., CRP Group, Envisiontec GmbH, EOS GmbH Electro Optical Systems, and LPW Technology Ltd. and other.
“Rising Demand for 3D Printing Materials from Aerospace and Automotive Industries”
The aerospace industry is one of the prominent adopters of 3D printing technology due to increasing demand for numerous parts of aircraft, such as jigs, engine parts, and wings. This is projected to impact demand for 3D printing materials positively. In recent years, an increased demand for objects with numerous properties, including high flexibility, high surface quality, and reduced weight is estimated to support the demand for 3D printing materials. Multiple industries are adopting 3D printing materials to improve the resistance and strength of the products.
3D Printing Material Market Segmentation:
This research report categorizes the 3D Printing Material market into the following segments and subsegments:
3D Printing Material Market by Type 2019-2028, (In USD Million)
Plastic
Metal
Ceramic
Others
3D Printing Material Market by Form, 2019-2028, (In USD Million)
Filament
Powder
Liquid
3D Printing Material Market by Technology, 2019-2028, (In USD Million)
FDM
SLS
SLA
DMLS
Others
3D Printing Material Market by Application, 2019-2028, (In USD Million)
Prototyping
Manufacturing
Others
3D Printing Material Market by End User, 2019-2028, (In USD Million)
Aerospace & Defense
Healthcare
Automotive
Consumer Goods
Construction
Others
The present market size and forecast till 2029 for all the regions and sub-regions have also been provided in the report.
Region enclosed are: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent
Country Level Break-Up: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.
North America to hold the largest market share in the 3D printing materials market
North America is the largest market for 3D printing materials, with the US leading the regional market owing to the presence of major 3D printing players such as Stratasys, Ltd. and 3D Systems, Inc. in the country. The entry of major players, such as General Electric, with a specifically focused division on the 3D printing materials market, could increase the market share of North America. The region has the highest number of 3D printing startups focused on niche markets. The growing demand from end-use industries such as aerospace & defense, healthcare, electrical & electronics, and automotive, which are adopting the 3D printing technology, is expected to enhance the demand for 3D printing materials in the region. Companies in this region, such as Ford Motors, Boeing, Lockheed Martin, and GE, have been early adopters of the technology. Some of these companies have made strategic developments to implement 3D printing technology in their production practices.
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Influence of the 3D Printing Material Market Report:
– Comprehensive assessment of all opportunities and risk in the 3D Printing Material market.
– 3D Printing Material market recent innovations and major events.
– Detailed study of business approaches for the growth of the market-leading players.
– Conclusive study about the expansion plot of the market for forthcoming years.
– In-depth understanding of market-specific drivers, constraints and major mini-markets.
– Favorable impression inside vital technological and market latest trends striking the 3D Printing Material market.
Strategic Points lined in Table of Content of 3D Printing Material Market:
Chapter 1: Introduction, market actuation product Objective of Study and analysis Scope market (2023-2029).
Chapter 2: Exclusive outline – the fundamental info of the world 3D Printing Material Market.
Chapter 3: ever-changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the market; Post COVID Analysis.
Chapter 4: Presenting the world Market correlational analysis, Post COVID Impact Analysis, Porters 5 Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by kind, user and Region/Country 2018-2024.
Chapter 6: Evaluating the leading makers of the world Market that consists of its Competitive Landscape, generation Analysis, Company Profile.
Chapter 7: to guage the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these numerous regions (2024-2030).
... To be continued
Key Questions Answered in This Report
(1) What was the size of the global 3D Printing Material market in 2022?
(2) What is the expected growth rate of the global 3D Printing Material market during 2023-2028?
(3) What are the key factors driving the global 3D Printing Material market?
(4) What has been the impact of COVID-19 on the global 3D Printing Material market?
(5) What are the key regions in the global 3D Printing Material market?
(6) Who are the key players/companies in the global 3D Printing Material market?
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