Press release
3D Printing Materials Market is Expected to Witness Healthy Growth at 26% CAGR through 2031
3D Printing Materials Market
Global 3D Printing Materials supply-demand continues to be impacted by broader developments in the chemicals sector. The new 3D Printing Materials market research report outlines the key factors that will impact production, supply, and demand during the assessment period.
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The study tracks 3D Printing Materials demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and 3D Printing Materials in particular.
How will 3D Printing Materials Sales Grow in 2021 and Beyond
The 3D Printing Materials industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies. Overall, demand for 3D Printing Materials will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
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Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million. Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm. The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
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Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.
Key 3D Printing Materials Market Segments
By product, the key segments include,
• Plastic
• Metal
• Ceramic
• Others
By application, the key segments include
• Prototyping
• Manufacturing
• R&D
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Competitive Landscape
The Fact.MR study profiles the business, product and other key strategies of the leading 3D Printing Materials companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use.
Key Regions Analyzed
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa
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Key Country-wise Inclusions
• US 3D Printing Materials Market
• Canada 3D Printing Materials Sales
• Germany 3D Printing Materials Production
• UK 3D Printing Materials Industry
• France 3D Printing Materials Market
• Spain 3D Printing Materials Supply-Demand
• Italy 3D Printing Materials Outlook
• Russia & Cis Market Analysis
• China 3D Printing Materials Market Intelligence
• India 3D Printing Materials Demand Assessment
• Japan 3D Printing Materials Supply Assessment
• ASEAN 3D Printing Materials Market Scenario
• Brazil 3D Printing Materials Sales Analysis
• Mexico 3D Printing Materials Sales Intelligence
• GCC 3D Printing Materials Market Assessment
• South Africa 3D Printing Materials Market Outlook
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