Press Release

Assessment of the Global 3D-printed Composite Materials Market

A recent study published by TMRR evaluates the overall prospects of the 3D-printed Composite Materials market during the forecast period (2019-2029). As per the findings of the report, the 3D-printed Composite Materials market is forecasted to grow at a CAGR of ~XX% over the assessment period and surpass the value of ~US$ XX by 2019. The report further ponders over the micro and macro-economic factors that are expected to nurture the growth of the 3D-printed Composite Materials market.

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Essential Findings of the Report

  • Data pertaining to the ongoing R&D activities relevant in the 3D-printed Composite Materials market
  • Future prospects of the 3D-printed Composite Materials market in various regional markets
  • Influence of technological advances on the growth of the 3D-printed Composite Materials market
  • Factors likely to boost or inhibit the growth of the 3D-printed Composite Materials market
  • Marketing, sales, and promotional strategies of prominent market players

Competition Landscape

The competition landscape chapter of the report offers a detailed assessment of the prominent players operating in the 3D-printed Composite Materials market. The market share, product range, pricing structure, revenue growth, and growth strategies of various companies are discussed in the report.

Regional Landscape

The regulatory and government policies relevant to the dynamics of the 3D-printed Composite Materials market in each regional market is included in the report. In addition, the overall scenario of the 3D-printed Composite Materials market in different geographies is thoroughly analyzed in the presented report.

End-User

A thorough analysis of the various end-users of the 3D-printed Composite Materials is provided in the report along with informative graphs and tables.

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Novel Development

Some of the key players in the global 3D-printed composite materials market are 3D Systems, Inc., Markforged, Inc., Materialise, Solvay, and Stratasys Ltd.

These companies are adopting the numerous other organic and inorganic growth strategies in order to strengthen their position in the global 3D-printed composite materials market. Higher investment and enhancing production capacity are the key growth strategies, which are adopted by the key players to expand their global presence. Additionally, these all factors are leading to cater demand for 3D-printed composite materials mainly from the emerging economies.

Here are some of the notable developments in recent years that are benefitting the growth of the market:

  • Recently in 29019, the Silicon Valley-based Arevo publicized a partnership deal with Franco Bicycles to deliver world’s first cycle manufactured from 3D printed composite material. Arevo frame is made to be a single part and will be glued together to form a cycle. Widening use of these materials is propelling growth of the global 3D printed composite materials market.

Global 3D-printed Composite Materials Market: Key Trends

The rising demand for 3D-printed composite materials from the aerospace sector is one of the key factor driving the growth of the 3D-printed composite materials market. Manufacturer of aircraft engine broadly prefers 3D-printed composite materials to alloy-based counterparts and metal to manufacture high-pressure turbines. These high-pressure turbines have high-temperature resistance and low weight. Additionally, in order to have high wear resistance, the 3D-printed composite materials are fuelling the growth of the energy efficient engine coupled with lowering emissions by minimizing fuel burn.

In addition, the use of 3D-printing technology has cost-effective approach as it generates less waste, and reduces the weight of end-product is driving the growth of the global 3D-printed composites materials market. Further, low raw material requirement and growing popularity of 3D-printing across the sectors such as the aerospace sector is propelling the growth of the global 3D-printed composite materials market.

Moreover, with the growing sale of personal cars and automobiles globally, the demand for these materials to be used across the production of seating applications, door modules, automotive door panels, interior headliners, and pick up boxes is expected to increase globally. Thus, the global 3D-printed composite materials market is expected to witness the fastest growth in the coming years.

Global 3D-printed Composite Materials Market: Regional Outlook

Regionally, the 3D-printed composite materials market could be segmented into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Of these, North America is expected to be dominant in the 3D-printed composite materials market in terms of revenue, demand, and consumption by the end of the forecast period. This growth of the region is attributable to the increasing investments by governments in the 3D-printed composite materials market in the region.

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Major Queries Addressed in the Report:

  1. How will the growth of the 3D-printed Composite Materials market unfold in region 1?
  2. Which market players are heavily investing in R&D activities?
  3. What is the most lucrative region for companies in the 3D-printed Composite Materials market?
  4. Which is the market share of region 1 and region 2?
  5. How are companies coping with the soaring prices of raw materials?

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