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3D Printing Materials Market Size, Share, Analysis, Trends and Outlook, Forecast 2023-2030
3D Printing Materials Market- DataM Intelligence 4Market Research
Filaments, another name for 3D printing materials, are used in 3D printing to construct objects layer by layer. The polymers ABS (acrylonitrile butadiene styrene) and PLA (polylactic acid), the metals titanium and steel, ceramics, materials that resemble wood, and bioplastics derived from natural resources like corn starch are just a few of the shapes it may take. The final object's requirements, including strength, flexibility, and chemical and heat resistance, will determine the material to use.
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Market Drivers: Healthcare sector usage of 3D printing technology boosts worldwide market development.
Several factors are driving the worldwide 3D printing materials market, including healthcare usage. 3D printing enables for patient-specific medical implants and prosthetics. Healthcare 3D printing has expanded using metals, ceramics, and polymers. 3D printing creates comprehensive patient anatomy models for surgery planning. It has expanded healthcare 3D printing with polymers and resins. 3D printing provides patient-specific tablets and capsules. Healthcare 3D printing has increased using polymers, ceramics, and metals. It also creates personalized tissues and organs for transplantation and research. Healthcare 3D printing has expanded using bioplastics and hydrogels.
One of the fastest-growing 3D printing end-users is healthcare. The worldwide 3D printing materials market is growing due to healthcare 3D printing.
Market Segmentation: Owing to the lightweight and high performance of 3D printing materials, the manufacturing application segment is leading the global market
The manufacturing application segment is expected to dominate the global 3D printing materials market due to the increasing adoption of 3D printing technology in various manufacturing industries. 3D printing technology enables the production of complex and customized parts, which is not feasible with traditional manufacturing methods. Thus it is increasingly being adopted in various industries such as aerospace and defense, automotive, healthcare and consumer goods. Also, 3D printing enables the production of end-use parts, tools and prototypes, which reduces the lead time and costs associated with traditional manufacturing methods.
Market Companies:
The key players in the market are 3D Systems Corporation, Arkema SA, Stratasys Ltd, The Exone Company, General Electric, EOS GmbH Electro Optical Systems, Materialise NV, Sandvik AB, Evonik Industries and BASF SE.
By Type
• Plastic
• Metal
• Ceramic
• Others
By Form
• Filament
• Powder
• Liquid
By Technology
• FDM
• SLS
• SLA
• DMLS
• Others
Application
• Prototyping
• Manufacturing
• Others
By End-User
• Aerospace & Defense
• Healthcare
• Automotive
• Consumer Goods
• Construction
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Geographical Share: North American 3D printing material sales rise due to the region's greater industrial base.
North America dominates the global 3D printing materials market due to a large number of 3D printing technology manufacturers, research and development centers, and high adoption rates in end-use industries like aerospace and defense, healthcare, and automotive.
Industry Developments:
In September 2021, 3D Systems introduced two new production-grade 3D printing materials. According to ASTM D4329 and ASTM G154 testing, this material offers what 3D Systems describes as a desirable combination of impact strength, tensile strength and elongation properties that hold steady for up to eight years indoors and 1.5 years outdoors in real-world conditions.
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