3D Printing Materials Market Size Will Reach USD 7,823.1 Million in 2028 | Rising demand for 3D printing technology in aerospace, defense and automotive sectors is expected to drive the market revenue growth

NEW YORK, February 1, 2022 /PRNewswire/ — The World 3D printing materials market the size should reach $7,823.1 million in 2028 and register a revenue CAGR of 21.5% over the forecast period, according to the latest Reports and Data report. Growing demand for 3D printing technology from aerospace, defense and automotive industries for producing complex components and parts is expected to drive the market revenue growth. Several materials including plastic, metals and ceramics are currently used for printing various products depending on the requirement.

The growth of 3D printing could have a significant impact on the environment. By making only the bare structural necessities of various products, 3D printing can make a huge contribution to lightweighting, which in turn can reduce the energy consumption and greenhouse gas emissions of vehicles and other means of transport. A case study of an aircraft component made using 3D printing found that using the component saves 63% energy and significantly reduces carbon dioxide emissions throughout the life of the product.

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Some highlights of the report

  • By technology, the electron beam melting (EBM) segment accounted for the largest share of market revenue in 2020. It is primarily attributed to the cost-effective manufacturing of metal parts for high-end prototyping and small-scale production. series, and the rapid use of technology to manufacture lightweight components, such as 3D-printed turbine blades for jet engines. Revenue from the Fused Deposition Modeling segment is expected to grow at a faster CAGR during the forecast period.
  • By end use, the healthcare segment accounted for the largest share of market revenue in 2020, which can be attributed to the growing demand for personalized and precision medicine and increased adoption of 3D printing technology for applications ranging from surgical planning models to 3D printed vascular systems and bioreactors. .
  • By form type, filament segment accounted for the largest share of market revenue in 2020. This can be attributed to the distinct properties and high melting temperature of filaments, which are used for making accessories, jigs and accessories, toys, assembly parts and educational models. Powders segment revenue is expected to grow at the fastest rate during the forecast period.

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  • In November 2021, 3D Systems announced a host of innovations designed to improve customer success and catalyze industries. The introduction of high-throughput 3D printing technologies, industry-leading post-processing, improved additive manufacturing software, new production-grade photopolymer, and the inclusion of the expertise of its Application Innovation Group can help challenge the performance and productivity limits of advanced additive manufacturing in the healthcare and industrial markets and thus help customers.
  • Companies profiled in the global market report include General Electric, 3D Systems Corporation, Hoganas AB, Stratasys Ltd., Royal DSM NV, Arkema SA, EOS GmbH Electro Optical Systems, Evonik Industries AG., Solvay, ExOne, LPW Technology Ltd. and Clariant.

To identify key industry trends, a research study at https://www.reportsanddata.com/report-detail/3d-printing-materials-market

For this report, Reports and Data has segmented the 3D printing materials market based on type, technology, end-use, form type, application, and region:

  • Type Outlook (Revenue, USD Million; 2018-2028)
    • Plastic
    • Metal
    • Ceramic
    • Others
  • End use Outlook (Revenue, USD Million; 2018-2028)
    • Aerospace and Defense
    • Health care
    • Automotive
    • Consumer goods
    • Construction
    • Others
  • Form Type Outlook (Revenue, USD Million; 2018-2028)
  • Technology Outlook (Revenue, USD Million; 2018-2028)
  • Application Outlook (Revenue, USD Million; 2018-2028)
    • Prototyping
    • Manufacturing
    • Others

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  • Regional Outlook (Revenue, USD Million; 2018-2028)
    • North America
      a. we
      b. Canada
      vs. Mexico
    • Europe
      a. Germany
      b. UK
      vs. France
      D. Italy
      e. Spain
      f. Sweden
      g. BENELUX
      h. Rest of Europe
    • Asia Pacific
      a. China
      b. India
      vs. Japan
      D. South Korea
      e. Rest of APAC
    • Latin America
      a. Brazil
      b. Rest of LATAM
    • Middle East & Africa
      a. Saudi Arabia
      b. United Arab Emirates
      vs. South Africa
      D. Israel
      e. Rest of MEA

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