Press release
3D Printing Materials Market to Surpass $9.86 Billion by 2028
Innovative Report Projects Market Growth at a CAGR of 26.7%, Forecasting $9.86 Billion by 2028
Meticulous Research®, a renowned leader in global market research, has recently released a comprehensive report titled "3D Printing Materials Market by Type (Polymer, Metal, Ceramics & Composites), Form (Filament, Liquid, Powder), Technology (FDM, SLA, Polyjet, Multijet, Binder Jetting, EBM), Application - Global Forecast to 2028". This report offers unparalleled insights into the dynamics of the 3D printing materials market, providing strategic foresight for industry stakeholders.
Download Free Research Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5083
The 3D printing materials market is poised to experience remarkable growth, projected at a staggering CAGR of 26.7% from 2021 to 2028, with an anticipated market value of $9.86 billion by the end of the forecast period. This unprecedented growth is primarily driven by escalating demand for polymers in 3D printing applications, the surge in mass customization across various sectors including industrial equipment, jewelry, and consumer goods, alongside governmental initiatives aimed at fostering the adoption of 3D printing technologies. However, challenges such as the high costs associated with 3D printing materials and the dearth of awareness among stakeholders coupled with a shortage of skilled laborers pose impediments to market expansion.
The report segments the market based on type, form, technology, application, and geography, providing a comprehensive analysis of industry competitors and a detailed examination at the country level.
To gain more insights into the market with a detailed table of content and figures, click here:
https://www.meticulousresearch.com/product/3d-printing-materials-market-5083
Key Findings Include:
Type Segmentation: The market is segmented into polymers, metals, ceramics & composites, with the polymers segment projected to dominate in terms of market share, driven by factors such as lightweight properties, corrosion resistance, and increasing adoption in critical sectors including healthcare.
Form Segmentation: Segmentation based on form includes powders, filaments, and liquids, with the powders segment anticipated to lead the market owing to the rising demand for designing animal prosthetics and the manufacturing of industrial metals using powder-based additive manufacturing techniques.
Technology Segmentation: The market is further segmented by technology, encompassing various methodologies such as FDM, SLA, Polyjet, Multijet, Binder Jetting, and EBM, with the FDM segment expected to command the largest market share due to its versatility and suitability for manufacturing customized parts and prototypes.
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Application Segmentation: Segmentation by application covers consumer products, automotive parts, industrial applications, healthcare, and aerospace & defense, with the consumer products segment anticipated to hold the largest market share, driven by the increasing demand for customized 3D printed goods across diverse industries.
Geographical Insights: North America is poised to lead the 3D printing materials market in 2021, attributed to the presence of key industry players and the high adoption of 3D printing technologies in critical sectors such as healthcare.
Industry Leaders: Major players operating in the 3D printing materials market include 3D Systems Corporation, Proto Labs, Ltd., The ExOne Company, HP INC., EnvisionTEC, Inc., Markforged, Inc., Tethon 3D, Evonik Industries AG, Materialise NV, EOS GmbH, Stratasys Ltd., Zortrax, Sculpteo, Lithoz GmbH, and IC3D, LLC.
For further insights and detailed analysis, the complete report is available for purchase from Meticulous Research®.
Download Free Research Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5083
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