Global 3D Printing Materials Market Trends And Strategies Of Major Players In The 3D Printing Materials Market 2021-2030

15 Sep, 2021

The 3D printing materials market consists of sales of 3D printing materials by entities (organizations, sole traders, and partnerships) that are used in the 3D printing process to create prototypes and parts of plastics and glasses. 3D printing is a form of additive manufacturing that involves building three-dimensional solid items by layering materials on top of each other.

Global 3D Printing Materials Market Size And Drivers:

The global 3D printing materials market is expected to grow from $1.09 billion in 2020 to $1.27 billion in 2021 at a compound annual growth rate (CAGR) of 16.4%. The growth in the 3D printing materials market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The 3D printing materials market is expected to reach $3.24 billion in 2025 at a CAGR of 26.4%. 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.

Request For A Sample For The Global 3D Printing Materials Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5312&type=smp

Trends In The Global 3D Printing Materials Market

The growing technological advancements are gaining significant popularity in the 3D printing materials market. Major companies operating in the 3D printing materials sector are focused on developing new technologies to enhance design capabilities and improve the user experience. For instance, in October 2020, Formlabs, a US-based 3D printing technology developer and manufacturer launched two new proprietary materials such as Rigid 10K Resin and a reformulation of Draft Resin based on 3D printing technology. Users can print up to four times faster with the reformulated Draft Resin compared with currently existing resins while retaining the greatest level of accuracy and enhancing part quality. Rigid 10K Resin is the stiffest material in Formlabs' whole offering, satisfying the demand for a stiffer, more heat, and chemically resistant substance among engineering and manufacturing clients.

Global 3D Printing Materials Market Segments:
The global 3D printing materials market is further segmented –
By Type: Polymers, Metal, Ceramic, Others
By Technology: Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), Others
By Form: Powder, Filament, Liquid
By End-Use Industry: Automotive, Healthcare, Aerospace And Defence, Consumer Goods, Construction, Others
By Geography: The global 3D printing materials market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North American 3D printing materials market accounts for the largest share in the global 3D printing materials market.

Read More On The Report For The Global 3D Printing Materials Market At:

https://www.thebusinessresearchcompany.com/report/3d-printing-materials-global-market-report

3D Printing Materials Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides 3D printing materials market overviews, analyzes and forecasts market size and growth for the global 3D printing materials market, 3D printing materials market share, 3D printing materials market players, 3D printing materials market segments and geographies, 3D printing materials market’s leading competitors’ revenues, profiles and market shares. The 3D printing materials market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.