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3D Printing Materials Market Size, Trends 2024| Stratasys Ltd., 3D Systems Corp, Arcam AB, Exone GmbH, Koninklijke DSM NV, Cita Rasa Prima Group
3D Printing Materials
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the 3D printing materials industry. This report on 3D printing materials market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The 3D printing materials market size has grown exponentially in recent years. It will grow from $2.08 billion in 2023 to $2.61 billion in 2024 at a compound annual growth rate (CAGR) of 25.6%. The growth in the historic period can be attributed to environmental sustainability, reduction in production costs, increased r&d investment, regulatory support, consumer 3D printing.
The 3D printing materials market size is expected to see exponential growth in the next few years. It will grow to $6.13 billion in 2028 at a compound annual growth rate (CAGR) of 23.8%. The growth in the forecast period can be attributed to industry 4.0 integration, aerospace and defense expansion, rising infrastructure and construction, energy sector adoption, rising demand for mass customization. Major trends in the forecast period include advanced composite materials, biodegradable materials, bioinks for bioprinting, integration of electronic components, smart materials.
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Key Market Players:
Stratasys Ltd., 3D Systems Corp, Arcam AB, Exone GmbH, Koninklijke DSM NV, Cita Rasa Prima Group, Envisiontec GmbH, EOS GmbH Electro Optical Systems, Materialise NV, Höganäs Stenkolsverk.
Market Drivers:
According to the 3D Printing Materials Market Report 2024 by The Business Research Company, The rising demand for 3D printing materials in the automotive industry is expected to propel the growth of the 3D printing materials market in the forecast period. 3D printing technology has enabled amazing breakthroughs in the automotive sector, starting from the ability to produce rapid prototypes to the widespread fabrication of final car parts and, finally, the 3D manufacturing of practically entire automobiles. The automotive industry has accepted 3D printing and is increasingly utilizing its capabilities regularly. For instance, according to Machine Design, a US-based trade journal, the automotive sector is expected to spend roughly $530 million on 3D printing materials by 2021. Therefore, the increasing demand for 3D printing materials in the automotive industry drives the growth of the 3D printing materials market.
More information about the Global 3D Printing Materials Market Report -
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Market segments for 3D printing materials include:
1) By Type: Polymers, Metal, Ceramic, Other Types
2) By Technology: Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), Other Technologies
3) By Form: Powder, Filament, Liquid
4) By End-Use Industry: Automotive, Healthcare, Aerospace And Defense, Consumer Goods, Construction, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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Browse More Reports:
3D Printing Services Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/3d-printing-services-global-market-report
3D Bioprinting Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/3d-bioprinting-global-market-report
3D Printing Plastics Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/3d-printing-plastics-global-market-report
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