PUBLISHER: Value Market Research | PRODUCT CODE: 1578305
PUBLISHER: Value Market Research | PRODUCT CODE: 1578305
The global demand for 3D Printing Materials Market is presumed to reach the market size of nearly USD 18976.82 Million by 2032 from USD 2631.06 Million in 2023 with a CAGR of 24.55% under the study period 2024-2032.
3D printing or additive manufacturing is a process of making three-dimensional objects from a digital file. In this process, the materials are generally used are ceramics, plastics, and metals. 3D printing materials provide many advantages, such as high-speed precision, smooth surface finish, and design freedom, and hence are gaining massive popularity. These materials also offer other advantages including stability, durability, flexibility, high-sensitivity and the elimination of raw material wastage. Owing to this, it is widely employed in industries such as consumer electronics, healthcare, automobiles, aerospace, etc. to provide solutions and services.
3D printing technology has been growing rapidly over the past few years on account of its increasing applications across various sectors. The market witnessed robust growth due to expanding applications of 3D printing across various sectors such as automotive, electronics & consumer goods, medical, architecture, and education. In addition, decreasing cost of 3D printers and its adoption across education and government sectors is expected to further augment demand in the near future. Increasing awareness regarding the benefits of using 3D printing over conventional methods of manufacturing various products is fueling growth of this market. 3D printing materials are a major component of 3D printing technology. Thus, growth in the 3D printing materials market is expected to drive the demand for 3D printing materials. However, high cost of 3D materials expected to be a restraining factor for market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of 3D Printing Materials. The growth and trends of 3D Printing Materials industry provide a holistic approach to this study.
This section of the 3D Printing Materials market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Global 3D Printing Materials Market Report market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the 3D Printing Materials market include Hoganas AB, 3D Systems Corporation, General Electric, Arkema S.A., Royal DSM N.V., Stratasys Ltd., Evonik Industries AG., EOS GmbH, Sandvik AB, ExOne, Arcam AB, Materialise NV, CRP Technology S.R.L., Envisiontec Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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