3D Printing Materials Market
3D Printing Materials Market Size And Forecast
According to Verified Market Research, the Global 3D Printing Materials Market was valued at USD 1.14 Billion in 2018 and is projected to reach USD 6.73 Billion by 2026, growing at a CAGR of 24.8% from 2019 to 2026.
Global 3D Printing Materials Market Outlook
The global 3D printing market is driven by increasing spending by the manufacturing sector around the globe for research and development. The increasing demand for 3D printing along with increasing demand for high-performance materials across various industries including automotive and aerospace and defense is expected to fuel the market growth. Besides, 3D printing reduces the risk of errors and is highly preferable for mass production which is further expected to propel the market growth. However, the factors such as high cost of 3D printing materials and the product produced are less durable than those produced through conventional molding and casting techniques are key factors hindering the market growth.
Global 3D Printing Materials Market Competitive Landscape
The Global 3D Printing Materials Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as 3D Systems Corporation, Royal DSM N.V., Arkema S.A., Stratasys, Ltd., Exone Company ,Eos GmbH Electro Optical Systems , General Electric, Evonik Industries AG, Materialise Nv, and Sandvik AB.
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