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  • Rapid Prototyping Materials Market worth 903.8 Million USD by 2021

     



    (Aviation-NewsWire.Com, February 04, 2020 ) The report "Rapid Prototyping Materials Market by Type (Polymers, Metals, Ceramics), Form (Filament, Powder, Ink), Function (Conceptual, Functional Prototype), End User (Aerospace & Defense, Manufacturing & Construction, Healthcare) - Global Forecast to 2021", The global rapid prototyping materials market was valued at USD 217.5 Million in 2015 and is projected to reach USD 903.8 Million by 2021, at a CAGR of 26.8% from 2016 to 2021. Increasing demand of rapid prototyping materials from end-use industries such as aerospace & defense, healthcare, and manufacturing & construction is driving the growth of this market.

    Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52691574

    Healthcare and aerospace & defense segments are expected to lead the rapid prototyping materials market during the forecast period

    The healthcare and aerospace & defense are two highly critical end user segments that demand for stringent product dimensions, along with their compositions. Aerospace & defense and healthcare industries have initiated the use of 3D printing technology for prototyping applications. The latest technological advancements and invention of new materials in rapid prototyping have made aerospace & defense a major end user in the rapid prototyping market. Critical parts used in aerospace & defense are designed and developed using 3D printing technology, and tested before they can be used commercially. This further drives the demand of rapid prototyping materials in the aerospace & defense sector. Moreover, in the healthcare sector, metal rapid prototyping is used in several medical products, such as surgical equipment, prosthetics & implants, and tissue engineering products, thereby propelling the applicability of rapid prototyping materials in this sector.

    Increased adoption of rapid prototyping materials in the aerospace & defense industry is expected to propel the growth of the rapid prototyping materials market

    The aerospace & defense industry provides high growth prospects to key players operating in the rapid prototyping materials market. Growth in this market is mainly attributed to technological advancements and invention of new materials in the field of rapid prototyping.

    Don't miss out on business opportunities in Rapid Prototyping Materials Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=52691574

    Browse in-depth TOC on "Rapid Prototyping Materials Market”
    62 - Market Data Tables
    52 - Figures
    180 - Pages

    The North America rapid prototyping materials market is expected to witness high growth owing to the increasing demand of these materials from varied end-use industries in this region

    North America is the largest market for rapid prototyping materials, owing to the developed industrial sectors in this region. Europe has a large supplier base for rapid prototyping materials. Countries such as Germany, the U.K., France, and Italy in the European region are offering lucrative growth opportunities to major players in the rapid prototyping materials market.

    Key players operating in this market include 3D Systems Corporation (U.S.), LPW Technology Ltd. (U.K.), EOS GmbH Electro Optical Systems (Germany), Carpenter Technology Corporation (U.S.), Renishaw Plc (U.K.), Arcam AB (Sweden), Stratasys Ltd. (U.S.), Oxford Performance Materials (U.S.), Royal DSM N.V. (Netherlands), and Arkema S.A. (France), among others.

    Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=52691574

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    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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    Source: EmailWire.Com

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