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NEW YORK , May 4, 2022 /PRNewswire/ -- The 3D printing materials market will be led by North America during the forecast period. The region will account for 36% of the market's growth during the forecast period. The global market is anticipated to grow by USD 3.18 billion from 2021 to 2026. Moreover, the growth momentum of the market will accelerate at a CAGR of 21.07%.
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Major Five 3D Printing Materials Companies: Key Offerings
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3D Printing Materials Market Material Outlook (Revenue, USD bn, 2021-2026)
3D Printing Materials Market Geography Outlook (Revenue, USD bn, 2021-2026)
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North America will account for 36% of the market's growth during the forecast period. The rising adoption of 3D printing by the defense and aerospace, healthcare, and other industries will drive the 3D printing materials market growth in North America during the forecast period. Market growth in this region will be slower than the growth of the market in APAC and Europe . The US and Canada are the key markets for the 3D printing materials market in North America . 3D printing has been gaining popularity across education sectors as well in the region, especially in STEM education. The education sector in the region has been one of the early adopters of innovative technologies. Hence, these factors also aid in the increase in demand for 3D printing materials in the region.
The thermoplastic polymer segment will have significant market share growth during the forecast period. Thermoplastic polymers are widely used to 3D print automotive parts, sports, and others. They are also used to 3D print circuit boards, printed injection-molded connectors, automotive interior parts, and several other electrical and automotive components. Hence, the rising adoption of 3D printing in such industries will drive the growth of the segment during the forecast period.
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3D Printing Materials Market Scope
Accelerate at a CAGR of 21.07%
North America, APAC, Europe, Middle East and Africa, and South America
US, Canada, China, Japan, and Germany
Leading companies, Competitive strategies, Consumer engagement scope
3D Systems Corp., Arkema Group, BASF SE, Carpenter Technology Corp., CRP Technology Srl, Desktop Metal Inc., Eastman Chemical Co., EnvisionTEC GmBH, EOS GmbH Electro Optical Systems, Evonik Industries AG, General Electric Co., Hoganas AB, Koninklijke DSM NV, Materialise NV, PTT Public Co. Ltd., Sandvik AB, Saudi Arabian Oil Co., Solvay SA, Stratasys Ltd., and The Dow Chemical Co.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
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