– 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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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.
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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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