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3D Printing Materials Market Trends

Report ID: GMI1179
Published Date: Jul 2024
Report Format: PDF

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3D Printing Materials & Equipment Market Trends

The integration of AI & ML into 3D printing processes will favor the industry growth. AI and ML increase the productivity and accuracy of 3D printers by optimizing print parameters in real time whilst predicting, and correcting errors, and improving the workflow from design to production. For instance, in November 2023, Nexa3D introduced Nexa AI, an AI platform for its XiP Pro 3D printing system for streamlining workflow from file prep to post-processing. Sustainable and eco- friendly printing items, such as biodegradable polymers and recycled materials are also acting as raw materials in a non-conductive manner for addressing the increasing environmental concerns.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Global 3D printing materials industry was valued at USD 2 billion in 2023 and is anticipated to register 10.3% CAGR between 2024 and 2032. Global printing equipment market was valued at USD 6.4 billion will register 16.2% CAGR through 2032 due to the favorable trends associated with the automotive and aerospace sector.

The metals segment in the 3D printing materials & equipment market is set to exhibit 10.6% CAGR through 2032 owing to the expanding use of metal 3D printing in high-performance industries for its strength, durability, and efficiency.

North America market is expected to reach USD 1.8 billion by 2032 attributed to the strong emphasis on technological innovation and advanced manufacturing capabilities.