Rapid Prototyping Materials Market Global Industry Analysis and Forecast 2022 – 2027

The most current study distributed by Market Intelligence Data, titled Global Rapid Prototyping Materials Market from 2022 to 2027, provides a comprehensive market overview. The research evaluates the opportunities and current market status, providing insights and updates on the related segments involved in the Rapid Prototyping Materials Market Report using historic data from 2016 to 2022 and forecasts until 2027 This record delivers a future analysis of the business in detail. The study simplifies the market circumstance and forecast restraints of the fundamental zones, with the logical presentation of preeminent producers, product types, and end-client associations.

Rapid Prototyping Materials Market is expected to register a CAGR of 26.9% over the forecast period 2022 – 2027

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The study covers competitive landscape of top manufacturers are: Evanik AG, Arkema, ArcelorMittal, 3D Systems Corporation, Stratasys

Recent Developments:

Evoanik Industries has acquired 13 companies, including 2 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 6 assets.

Evanik Industries’ largest acquisition to date was in 2016, when it acquired Air Products - Performance Materials Division for $3.8B. It’s largest disclosed sale occurred in 2019, when it sold Roehm to Advent International for $3.4B. Evanik Industries has acquired in 6 different US states, and 6 countries. The Company’s most targeted sectors include chemicals (59%) and life science (25%).

Market Overview:

 Automotive production decreased around the world due to lockdown regulations. Furthermore, owing to contractual obligations, resource availability, deliverables, health and safety measures, and project delays or cancellations created by pandemic, the construction industry across most countries around the world was affected badly thus decreasing the market studied. However, the medical industry was positively impacted by the pandemic. The demand for medical devices has been increasing as many manufacturing companies increased the production of devices, which in turn is expected to drive the growth of the market studied.

Global Rapid Prototyping Materials Market Segmentation:

Segmentation By Type:

Polymers

Metals

Ceramics

Segmentation By Application:

Aerospace & Defense

Healthcare

Transportation

Consumer Goods & Electronics

Manufacturing & Construction

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Regional Analysis:

North America to Dominate the Market
North America is expected to dominate the global market owing to the developed industrial sector in this region, coupled with the continuous investments done in the region to advance the medical and aerospace technologies through the years.
Medical sector is one of the major end-users that use rapid prototyping technology to make surgery equipment, implants, scaffolds for tissue engineering, stents, prosthetics, and many others.

North America, Europe, China, Japan, Southeast Asia, and India are just a few examples.

North America is located in North America (United States, Canada, and Mexico).

Europe is a continent that has a (Germany, France, United Kingdom, Russia and Italy).

Asia and the Pacific (China, Japan, South Korea, India and Southeast Asia).

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Highlights of Rapid Prototyping Materials Market report:

Detailed analysis of the Rapid Prototyping Materials Market
Changing industry market dynamics
In-depth market segmentation by type, application, and other factors
Market size, both in terms of size and value, in the past, present, and future.
Current trends and advancements in the industry
Rapid Prototyping Materials Market Competitive Landscape
Important players and product offerings
High-potential and specialist sectors/regions that are expected to flourish.

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This release was published on openPR.