3D Printing Materials Market Trends, Analysis, Application & Type Forecast to 2020

The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” is available for sale on the company website.

View Full Report: https://www.transparencymarketresearch.com/3d-printing-materials-market.html

According to the report, the global 3D printing materials market is primarily driven by a growing adoption of 3D printing technology across a large number of application segments, especially education and government. The market is further driven by supportive regulatory provisions by government bodies mostly in developed nations. All factors combined are expected to drive the growth of the global 3D printing materials market in the given forecast period.

Geographically, the global 3D printing materials market was dominated by North America in 2013 owing to a large-scale use of 3D printing tech. The report suggests that North America is expected to retain its leading position in the market for the given forecast period. The fastest growth rate in the global 3D printing materials market is attributed to Asia Pacific due to a rapid rate of adoption of 3D printing tech by the emerging economies of China, Japan, and South Korea.

The key players of the global 3D printing materials market are Voxeljet AG, Stratasys, Ltd., SLM Solutions GmbH, Optomec, Solidscape, Inc., ExOne GmbH, EOS GmbH Electro Optical Systems, Concept Laser GmbH, Arcam AB, and 3D Systems, Inc.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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