The rising demand from healthcare, automotive, and other industries, mass customization, and government initiatives to support the adoption of 3D printing are the major factors supporting the growth of the 3D Printing Materials Market.
JERSEY CITY, NJ† May 26, 2022 /PRNewswire/ — Verified Market Research recently published a report, “3D Printing Materials Market” By Material (Plastic, Ceramic), By Application (Manufacturing, Prototyping), By End-User (Industrial, Medical), and By Geography. According to Verified Market Research, 3D Printing Materials Market size was valued at USD 1.4 Billion in 2020 and is projected to reach USD 8.1 Billion by 2028, growing at a CAGR of 24.1% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=30293
Browse in-depth TOC on “3D Printing Materials Market”
202 – Pages
126 – Tables
37 – Figures
Global 3D Printing Materials Market Overview
The Global 3D Printing Materials Market is driven by increasing defrayal by the producing sector around the globe for analysis and development. The increasing demand for 3D printing at the side of increasing demand for superior materials across varied industries together with automotive and part and defense is anticipated to fuel the market growth. Besides, 3D printing reduces the chance of errors and is extremely desirable for production that is expected to propel market growth. However, factors like the high price of 3D printing materials and also the product made are less sturdy than those made through typical molding and casting techniques are key factors clogging the market growth. The COVID-19 pandemic has negatively affected the 3D printing materials demand across varied end-use industries like defense, automotive, construction, and different industries.
These industries are severely tormented by COVID-19. The disruption within the provide chain has resulted in delays or non-arrival of raw materials, noncontinuous monetary flows, and growing absence among assembly line staff have compelled craft and automobile makers to work at zero or partial capacities, leading to reduced 3D printing materials demand . Education is one of the fastest-growing industries in the 3D Printing Materials Market. Though the usage of 3D printing within the education sector is at a developing stage, several establishments are setting out for 3D printing.
- In May 2021Covestro AG launched a new 3D Printing Material (Arnite AM2001 GF (G) rPET), a glass-fiber filled recycled polyethylene terephthalate (rPET) for 3D pellet printing, which is derived from post-consumer PET waste.
- In June 2021, Covestro AG and Nexeo Plastics have announced the development of a new PC/ABS filament (Addigy FPB 2684 3D) for 3D printing. The company offers this product through Nexeo Plastics’ distribution platform.
The major players in the market are 3D Systems Corporation, Royal DSM NV, Arkema SA, Stratasys, Ltd., Exone Company, Eos GmbH Electro Optical Systems, General Electric, Evonik Industries AG, Materialize Nv, and Sandvik AB.
Verified Market Research has segmented the Global 3D Printing Materials Market On the basis of Material, Application, End-User, and Geography.
- 3D Printing Materials Market, By Material
- 3D Printing Materials Market, By Application
- 3D Printing Materials Market, By End-User
- Consumer Electronics
- 3D Printing Materials Market, by Geography
- North America
- rest of Europe
- Asia Pacific
- rest of Asia Pacific
- Middle East † Africa
- Latin America
Browse Related Reports:
Metal 3D Printing Market By Form (Powder, Filament), By Type (Titanium, Steel, Nickel, Aluminum), By End-user (Medical And Dental, Automotive, Aerospace And Defense), By Geography, Forecast, 2021-2028
3D Printing Market By Offering (Printer, Material, Software, Service), By Process (Binder Jetting, Direct Energy Deposition, Material Extrusion), By Technology (Direct Metal Laser Sintering, Fused Deposition Modelling), By Vertical (Automotive, Aerospace and Defense , Healthcare, Industrial, Printed Electronics), By Geography, Forecast, 2021-2028
Industrial 3D Printing Market By Process (Directed Energy Deposition, Vat Polymerization, Material Jetting), By Materials (Plastics, Thermoplastics, Photopolymers), By Software (Design Software, Inspection Software, Printing Software), By Services (Manufacturing and Consulting), By Industry (Automotive, Aerospace & Defense, Food & Culinary), By Geography, Forecast, 2021-2028
3D Printing Services Market By Product (3D Printed Metal, 3D Printed Plastic, 3D Printed Ceramic), By Application (Electronics, Architecture and Designing, Aerospace and Defense, Medical and Healthcare, Automobile, Education), By Geography, Forecast, 2021-2028
Top 10 3D Printing Material Companies – Manufacturing made simpler
Visualize 3D Printing Materials Market using Verified Market Intelligence:-:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Follow Us: LinkedIn | Twitter
View original content:https://www.prnewswire.com/news-releases/3d-printing-materials-market-size-worth–8-1-billion-globally-by-2028-at-24-1-cagr -verified-market-research-301555799.html
SOURCE Verified Market Research