According to the new market research report by IndustryARC titled “3D Printing Materials Market: By Type (Plastics [PLA, ABS, PVA], Metals [Titanium, Steel, Silver], Ceramics [Glass, Silica, Porcelain], Others); By Form (Filament, Powder, Liquid); By Application (Aerospace, Automotive, Industrial, Healthcare); By Geography – (2018-2023)”, the market is driven by the growing demand for 3D printing materials from the healthcare industry.
North America continues to lead the market share during 2018-2023:
North America holds the major market share of 3D Printing Materials, followed by Europe and Asia-Pacific. North America is the leading producer of 3DP materials globally, occupying almost 60% of the global market share. U.S. holds the majority of the market share followed by Canada in North America.
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In terms of growth rate, Asia-Pacific is projected to register highest growth rate of 30.8% CAGR throughout the forecast period, followed by Europe and North America. Europe is projected to register the second largest market share during the forecast period and expected to reach $1.28 billion by 2023 at 30.4 % CAGR.
Selected / Sample Analysis done in the full Report:
Manufacturing involves the transition of crude raw materials received in various forms such as filaments, powders, liquids and others, which are compatible with 3D printers. Plastics, which are usually cheap and can be procured in bulk, require a great deal of processing to make 3D printing compatible.
Excerpts on Market Growth Factors Mentioned in the Full Report:
Increasing use of 3D printers and its materials in household applications is projected to escalate the market growth during the forecast period.
The rising demand for 3D printing materials like various types of biomaterials in medical industry is expected to drive the demand and growth.
Companies Citied / Interviewed
And 20+ more
3D Printing Analysis
3D Printing in Construction Market
What can you expect from the report?
The Printing Materials Industry Report is Prepared with the Main Agenda to Cover the following 20 points:
Market Size by Product Categories
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