Press
Release

Use of 3D Printing Materials in Diverse Applications Acts as Bridge between Growth and 3D Printing Materials Market, Asia Pacific to Bring Extensive Growth between 2019 and 2027: TMR

• – Varied advantages such as heightened accuracy, accelerated production of complex designs, and decreased loss of material etched with the 3D printing materials market, brings good growth opportunities

 – The growing influence of 3D printing across varied applications such as electronics, medical, industrial, and others will bring a promising CAGR for the 3D printing materials market

Transparency Market Research, New York: The 3D printing materials market generates extensive growth due to a plethora of features such as cost-effectiveness, reduced risk error, and high preference for mass production. 3D printing has become an inseparable part of the applications it caters to and this aspect can boost the growth of the 3D printing materials market greatly.

The global 3D printing materials market is extrapolated to record a high CAGR across the forecast period of 2019-2027 due to the growing popularity across diverse applications. The introduction of novel printing materials such as metals may further boost the growth rate of the 3D printing materials market.

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The 3D printing materials market will grow mainly on the back of its ability to create complex designs at relatively low expense. In addition, the growing demand for electronic products is inviting substantial growth opportunities for the 3D printing materials market. Government support is also proving to be of great help for increasing the growth rate of the 3D printing materials market.

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3D Printing Materials Market: Key Findings

• – Escalating need for use of professional 3D printers will help the 3D printing materials market to garner extra stars of growth across the forecast period of 2019-2027
• – Organ manufacturing may garner good growth for the 3D printing materials market between 2019 and 2027
• – North America held a prominent share of more than 27 percent of the 3D printing materials market in 2018
• – Asia Pacific is estimated to exert considerable influence over the 3D printing materials market during the forecast period
• – Europe may also observe moderate growth
• – The Rest of the World may witness tepid growth through the forecast period
• – China and Japan to play a crucial role in supporting the roaring growth of Asia Pacific during the assessment period

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3D Printing Materials Market: Growth Gainers

The prevalence of awareness among a large number of manufacturers in different sectors about the role of 3D printing in leading to less wastage of materials lays a red carpet of growth for the 3D printing materials market. In addition, the intensifying influence of 3D printing materials across a variety of applications is fueling the growth of the 3D printing materials market.

• – The manufacturing of metals in a complex shape was earlier difficult but with the advent of 3D printing materials, any metal can be printed in any shape without any error, thus bringing good growth opportunities for the 3D printing materials market
• – The 3D printed houses concept may still be in a nascent stage but it has the potential to bring substantial growth for the 3D printing materials market in the near future
• – Consistent innovations in technologies may leave a silver lining of growth across the global 3D printing materials market
• – The increasing influence of 3D printing across the fashion industry may bring immense growth opportunities for the 3D printing materials market
• – Supportive government initiatives may add a Midas touch to the growth of the 3D printing materials market

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3D Printing Materials Market: Prominent Growth Participants

Some well-established players in the 3D printing materials market are Dutch Filaments, 3D Systems, Inc., Push Plastic, Materialise NV, Leapfrog, Stratasys Ltd., 3D Universal, Royal DSM N.V., and Arcam.

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3D Printing Materials Market: Segmentation

By Product

• – Ceramics
• – Plastics
• – Metals
• – Others (Including wax, laywood, etc.)

By Application

• – Electronics & Consumer Products
• – Automotive
• – Medical
• – Industrial
• – Education
• – Aerospace
• – Others (Including military, architecture, etc.)

By Region

• – North America
• – Europe
• – Asia Pacific
• – Rest of the World

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