3d Printing Materials Market to Cross Usd 1400 Million by 2020

3D Printing Materials Market to cross USD 1400 million by 2020 by Market Research Engine

New York, July 26: Market Research Engine has published a new report titled as “3D

Printing Materials Market by Type (Plastics, Metals, Ceramics, and Others), Form

(Filament, Powder and Liquid), Application, and by Region - Global Forecasts to

2021”

The 3D printing is a digital printing with the use of different forms of materials. There are

various advantages of the use of 3 D printing such as good surface finish and excellent

resolution hence there is a growing demand for the 3D printing technology from end use

industries such as aerospace & defense and medical & dental. The 3 D printers are available

at a cheaper rates which is one of the major factor of market penetration.

North America is expected to account for the largest share of the 3D printing market. Major

industrial manufacturing, aerospace & defense, and healthcare companies, in U.S are

increasingly using the 3D printing technology.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/3d-printingmaterials-market

The global 3 D Printing Materials Market, in terms of value, is projected to reach USD 1400

million in 2020, at a CAGR of 20 % till 2021.

The major driving factors of 3 D Printing Materials Market are as follows:

•

3D printing evolving from developing prototypes to end-user products.

•

Enables Mass customization.

•

Helps in the Production of complex parts.

•

Government investments in 3D printing projects.

•

The manufacturing efficiency has improved.

The restraints factors of 3 D Printing Materials Market are as follows:

•

High production cost to individual users

•

Expensive 3D printing software

•

Lack of channel partner assistance

•

Lack of skilled labors

The 3 D Printing Materials Market is segmented based on material type, form and

application. The 3 D Printing Materials Market is segmented based on material type as

Plastics, Metals, Ceramics,...