Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Rapid Prototyping Materials - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global Rapid Prototyping Materials Market, with a detailed analysis of its diverse and dynamic arenas, is exhibiting remarkable growth. Steered by innovation and expanding applications, the market size, currently assessed at US$477 Million in 2022, is on a trajectory to reach a staggering US$1.5 Billion by 2030, as noted in a comprehensive research publication now featured on our website.
The comprehensive study provides an in-depth exploration of key segments, with Thermoplastics anticipated to achieve a Compound Annual Growth Rate (CAGR) of 15.2%, potentially reaching US$862.1 Million by the close of the forecast period. Metal & Alloys, influenced by the resurgence from the pandemic, is expected to progress at a 15.9% CAGR through the span of the forthcoming eight years.
In a geographic segmentation of the market, the United States has established a stronghold with an expected market value of US$130 Million in 2022. However, it is the Chinese market that is forecasted to expand robustly at an astonishing 20.6% CAGR, suggesting an ascendancy to a worth of US$358.1 Million by the year 2030. Japan and Canada are also projected to exhibit significant growth rates of 11.4% and 13.1%, respectively, throughout the period of 2022 to 2030. Within the European landscape, Germany is envisaged to climb at a CAGR of around 12.2%.
Significant Competitors and Market Dynamics
- Strategic analysis of 43 featured competitors within the sector, examining the competitive edge of each entity.
- An intricate market presence study, spanning multiple geographies and ranging from Strong to Trivial standings.
- A focused snapshot of global challenges including the Russia-Ukraine conflict and other economic pressures affecting market stability.
Key trends, market influences, and evolving technologies are meticulously detailed within this report. The investigation also provides insightful bespoke updates, including peer-to-peer interaction and accessibility to digital archives. Customers can benefit from a year of complimentary updates, which ensures they remain at the forefront of market intelligence for the Rapid Prototyping Materials sector.
Forward-thinking organizations, investors, and industry leaders will find the report's compilation of data, market predictions, and competitor analysis invaluable for strategic decision-making. As global economies navigate post-pandemic recoveries and geopolitical uncertainties, this report becomes a critical resource for understanding the undercurrents shaping the Rapid Prototyping Materials Market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 193 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $477 Million |
| Forecasted Market Value (USD) by 2030 | $1500 Million |
| Compound Annual Growth Rate | 15.4% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- 3D Ceram
- 3D Systems, Inc.
- Arcam AB
- Arkema Group
- Carpenter Technology Corporation
- CRP Group
- EOS GmbH Electro Optical Systems
- GKN PLC
- Golden Plastics Corp.
- Hoganas AB
- Koninklijke DSM NV
- Lithoz GmbH
- LPW Technology Ltd.
- Materialise NV
- Oxford Performance Materials
- Renishaw PLC
- Sandvik AB
- Stratasys Ltd.
- Tethon 3d
For more information about this report visit https://www.researchandmarkets.com/r/71ys66
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