Press release
North America Dominated the 3D Printing Materials Industry
Plastics holds the largest share in terms of volume, over 30%. This is because of the low prices, easy availability of plastics and their use in numerous designs.
Browse full report at: https://www.psmarketresearch.com/market-analysis/3d-printing-materials-market
Additionally, plastic materials offer high adaptability, extreme temperatures, resistance to abrasion, shock, physical distortion, and chemicals; excellent flexibility, sturdiness, and high elasticity, which further increases their consumption.
North America dominated the 3D printing materials market, around 45%, in the recent past. This has lot to do with the growth and wide acceptance of the use of this technology in product manufacturing and mass customization . The governments of numerous countries are encouraging the usage of 3D printing.
Furthermore, Europe followed North America in the recent past, with about 35%. The progress of the industry in this region is powered by the existence of notable aircraft manufacturing companies, for example EuroJet Turbo GmbH, Airbus SE, ArianeGroup, and European Satellite Navigation sectors. As 3D printing materials offer users a simple supply chain, lessen risk, and are lightweight, their acceptance has increased in the aerospace sector.
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It is because of the increasing use of 3D printing in the manufacturing sector, the demand for 3D printing filaments will increase at the rate of knots in the future.
Browse more reports:
3D Printing High-Performance Plastics Market - https://www.psmarketresearch.com/press-release/3d-printing-high-performance-plastics-market
3D Printing Construction Market - https://www.psmarketresearch.com/press-release/3d-printing-construction-market
3D Printing Market - https://www.psmarketresearch.com/press-release/global-3d-printing-market
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