3D Printing Material Market Business Challenges, Competition Analysis, Companies & Forecast 2027

3D printing materials are used to manufacture critical metal and plastic components. These materials are widely used in the manufacturing of aerospace components as it helps in the manufacturing of lightweight and fuel-efficient aircraft. 3D printing materials are available in the three forms: filament, liquid, and powder.

Favorable government support for 3D printing technology is fueling the market growth of the 3D printing materials. 3D printing technology is widely used across defense and military sectors. By using 3D printing technology military products can be produce that can withstand harsh functional testing. The government of different countries is investing heavily in experimenting and exploring 3D technology which is further propelling the market growth.

Rapid urbanization and industrialization around the globe are propelling the market growth of the 3D printing materials. The rise in the various manufacturing sectors coupled with the increase in urban population is driving market growth of the 3D printing materials. Moreover, increasing grants by various regulatory bodies to adopt 3D printing technology is again expected to foster the market growth of the 3D printing materials.

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Increasing demand for 3D printing materials across the aerospace industry is one of the key factor driving the growth of the market. Moreover, the 3D printing materials helps the automotive manufacturers in the development of more complex and lighter vehicles thereby, increases the demand for such products over the forecast period.

Detailed Segmentation:

Global 3D Printing Materials Market, By Product Type:
Ceramics
Plastics
Metals
Others

Global 3D Printing Materials Market, By Application:
Electronics & Consumer Products
Automotive
Medical
Others

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Key companies covered as a part of this study includes 3D Systems, Inc., Arcam AB, Concept Laser GmbH, EOS GmbH Electro Optical Systems, ExOne GmbH, Solidscape, Inc., Optomec, SLM Solutions GmbH, Stratasys, Ltd.

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