openPR Logo
Press release

Binder Jetting Services Market Newer Segments of Application and Forecast Till 2032

12-22-2022 12:43 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Binder Jetting Services Market Newer Segments of Application

The global binder jetting services market is anticipated to expand around 20% annually through the period of 2021 to 2031, as adoption of smart products and solutions is rising, which leads to the introduction of complex-designed solutions. Thus to fulfill increasing demand for complex designs, adoption of binder jetting solutions and services in increasing at a significant rate.

As binder jetting technology industrializes, software solutions are playing an increasingly major role across all areas of the additive manufacturing workflow. Computer-aided Designing (CAD) and simulation have always been a major requirement for the production of lightweight industrial-grade parts. These software solutions can adequately cope with the specific dimensional and physical requirements of a manufacturing process. Developers are estimated to continue marketing their workflow software solutions, as service providers and Original Equipment Manufacturers (OEMs) continue to feel the requirement for automation, centralization and visibility in manufacturing processes.

Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/32292

Key Takeaways from Binder Jetting Services Market Study

• North America was the dominant market in 2020 in terms of value for binder jetting services and solutions. Over the coming years, Canada is expected to be one of the key markets for sustainable revenue generation from binder jetting services, owing to increasing adoption in this region.
• Adoption of advanced technologies and smart solutions is also increasing across developing countries, which is expected to create potential growth opportunities for the binder jetting services market.
• Strategic initiatives undertaken by national governments, especially in China and India, are facilitating the creation of a sustainable additive manufacturing ecosystem, which is fueling adoption of binder jetting services.
• The European region is expected to remain a key market in the global binder jetting services market, as enhanced manufacturing and supply chain realignment are boosting market growth.
• Demand is highest from the healthcare & medical devices sector, which will be close to 24% of overall market share by 2031. Automotive and aeronautics & aerospace follow next.
• Overall, the global binder jetting services market expanded around 20% in 2020, and long-term growth through 2031 is projected at 21%.

"One of the primary trends prevailing in the market suggests that, across industries, such as consumer electronics, medical, and architecture, customers are highly interested in product personalization services. Instead of purchasing a mass-produced product, customers are more commonly wanting an item that is designed and manufactured for them specifically, and gratifies their personal preferences and tastes," says an analyst at Persistence Market Research.

COVID-19 Pandemic Impact Analysis

While ensuring employee safety and business continuity remained paramount, companies were simultaneously challenged by a sudden decline in consumer demand, and continuing reduction or halt in global supply chain and onsite activities issues, which began in China shortly before impacting binder jetting services in Europe and the Americas regions. Disruption caused in the global supply chain forced companies to look at technologies that allow for remote manufacturing capabilities without the need for investment in large areas, as such, binder jetting.

Buy Full Report Now and Get Up to 20% Discount @ https://www.persistencemarketresearch.com/checkout/32292

Although there is a near-term focus on optimization, cost reduction, and ensuring liquidity, 3D printing businesses are positive in their long-term outlook. Key industries are expected to remain structurally unaffected, with markets returning to the new normal in the second half of 2021, and additive manufacturing's increased relevance has reinforced optimism in the industry's long-term growth. No major shifts in long-term strategy or investment have been made yet due to COVID-19, with investments in on-going R&D continuing.

Key Players :

• ExOne
• Voxeljet
• 3D Systems, Inc.
• Stratasys
• Renishaw plc.
• Proto Labs
• HP Development Company, L.P.
• Materialise
• Proto3000 Inc.
• MarkForged, Inc.
• Xaar plc
• Digital Metal (Höganäs AB)

Find More Valuable Insights on Binder Jetting Services Market

Persistence Market Research puts forward an unbiased analysis of the global binder jetting services market, providing historical demand data (2016-2020) and forecast statistics for the period of 2021-2031. To understand the opportunities in binder jetting services, the market is segmented on the basis of application (prototypes, tools & fixtures, and production parts) and industry (automotive, healthcare & medical devices, aerospace & aeronautics, consumer goods, heavy equipment, oil & gas, and others), across seven major regions.

Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/32292

About us:
Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

Contact us:

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Binder Jetting Services Market Newer Segments of Application and Forecast Till 2032 here

News-ID: 2859991 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Binder

Lithium-Ion Batteries Binder Market Research Report
Global Info Research announces the release of the report "Global Lithium-Ion Batteries Binder Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets.
Biobased Binder for Nonwoven Market Research Report 2025
Global Info Research announces the release of the report "Global Biobased Binder for Nonwoven Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides a detailed overview of the Biobased Binder for Nonwoven market scenario, including a thorough analysis of the Biobased Binder for Nonwoven market size, sales quantity, average price, revenue, gross margin and market share.The Biobased Binder for Nonwoven report provides an in-depth analysis
Global Foundry Binder Market Analysis (2023-2029)
Foundry Binder is used to make loose sand bonded together. Thereby giving sufficient strength to with sand mold and core, make it in the process of handling, assembly and pouring from deformation and broken. LPI (LP Information)' newest research report, the "Foundry Binder Industry Forecast" looks at past sales and reviews total world Foundry Binder sales in 2022, providing a comprehensive analysis by region and market sector of projected Foundry Binder
About Binder Tal
Background: Binder Tal is a tech-savvy individual who has established himself in the IT service industry. He grew up in a small town in the United States and currently manages Epoch IT Services in Pennsylvania. The company provides a range of IT services, including Managed IT Services, Professional IT Services, Data Security, Virus Protection, Cloud Services, and more. Binder's passion for technology began in his childhood when he was introduced
Organic Binder Market Assessment and Forecast 2031
Organic binders are primarily made from polymers or are cellulose family derivatives. Their role in the construction industry has grown considerably, with industry players using them to promote the ecological sustainability of buildings. Over the past few decades, the inroads made by building construction has been making considerable impacts on the natural ecosystems, especially due to the use of traditional building materials. These materials have been found to promote the
Binder-Jetting Technology 3D Printing Gases Industry
The 'Global and Chinese Binder-Jetting Technology 3D Printing Gases Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Binder-Jetting Technology 3D Printing Gases industry with a focus on the Chinese market. The report provides key statistics on the market status of the Binder-Jetting Technology 3D Printing Gases manufacturers and is a valuable source of guidance and direction for companies and individuals