What is the global market size of Rapid Prototyping Materials Market?

Rapid Prototyping Materials Market size was valued at USD 700 million in 2021 and is poised to grow from USD 749 million in 2022 to USD 1131 million by 2030, growing at a CAGR of 7% in the forecast period (2023-2030).

Rapid Prototyping Materials Companies

Rapid Prototyping Materials Market Competitive Landscape

Rapid Prototyping Materials Market Top Players Company Profiles

3D Systems, Inc. (USA)
Stratasys Ltd. (Israel & USA)
BASF SE (Germany)
Evonik Industries AG (Germany)
Arkema S.A. (France)
Solvay S.A. (Belgium)
DSM (Netherlands)
Covestro AG (Germany)
DuPont (USA)
Huntsman Corporation (USA)
Henkel AG & Co. KGaA (Germany)
Formlabs (USA)
Materialise NV (Belgium)
EOS GmbH (Germany)
SLM Solutions Group AG (Germany)
Carpenter Technology Corporation (USA)
Arcam AB (Sweden)
Carpenter Technology Corporation (USA)
Höganäs AB (Sweden)
ExOne Company (USA)

Rapid Prototyping Materials Market

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Global Rapid Prototyping Materials Market size was valued at USD 680.4 million in 2022 and is poised to grow from USD 782.46 million in 2023 to USD 2393.56 million by 2031, growing at a CAGR of 15.0% during the forecast period (2024-2031).

Major companies are concentrating on introducing next-generation thermoplastics appropriate for additive manufacturing, 3D printing, and fast prototyping, including 3D Systems Corporation, Arkema, Covestro, and Tethon 3D. The 3D Systems Corporation announced plans to build its headquarters in South Carolina in February 2021. The complex will have advanced metal & polymer manufacturing capabilities, training facilities, laboratories for the development of innovative materials, and client centers. Such strategic initiatives are increasing the company's expertise in fast prototyping technology, which in turn is having an impact on market expansion. '3D Systems, Inc. (USA) ', 'Stratasys Ltd. (Israel & USA) ', 'BASF SE (Germany) ', 'Evonik Industries AG (Germany) ', 'Arkema S.A. (France) ', 'Solvay S.A. (Belgium) ', 'DSM (Netherlands) ', 'Covestro AG (Germany) ', 'DuPont (USA) ', 'Huntsman Corporation (USA) ', 'Henkel AG & Co. KGaA (Germany) ', 'Formlabs (USA) ', 'Materialise NV (Belgium) ', 'EOS GmbH (Germany) ', 'SLM Solutions Group AG (Germany) ', 'Carpenter Technology Corporation (USA) ', 'Arcam AB (Sweden) ', 'Carpenter Technology Corporation (USA) ', 'Höganäs AB (Sweden) ', 'ExOne Company (USA) '

It is projected that factors like high strength and corrosion resistance, along with the capacity to manufacture complicated prototypes in a single fluid build, will encourage the use of metals and alloys in prototype construction. Rapid prototyping is frequently done with metals in fields including transportation, aerospace & military, and medicine. Metals are mostly used in the healthcare sector for rapid prototyping of medical equipment including implants, surgical instruments, and other items. Due to their heat resistance, strength, and adaptability, steel and aluminum are two of the most often utilized metals in fast prototyping. Over the forecast period, the market is expected to be driven by the expanding healthcare sector across all economies. The largest market share belongs to the United States.

Less carbon footprints were left behind in the finished product, which also complies with industry standards. For the producers, who are concentrating on developing a sustainable supply chain in accordance with cutting-edge 3D printing & fast prototyping technologies, the product was deliberately released. Other plastic materials can also be recycled for use in rapid product prototyping, including PE, PET, PP, and PS.

Due to the established 3D printing technologies and bigger number of service providers in the region, North America is predicted to dominate the global industry. North America's market was worth USD 175.7 million. In terms of all the major end-use industries, the United States is the top consumer of rapid prototyping technologies. The primary factors driving the market's growth are the advanced industrial sector and rapid urbanization. Additionally, the aerospace and medical industries are thriving in the United States, which will likely lead to an increase in the need for prototyping materials in the near future.

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Rapid Prototyping Materials Market Size, Share, Growth Analysis, By Type (Polymer, Metals and Alloys), By Form (Filament, Ink), By Function (Conceptual Model, Functional Prototype), By End Use (Aerospace and Defense, Healthcare), By Region - Industry Forecast 2025-2032

Rapid Prototyping Materials Market Competitive Landscape

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Rapid Prototyping Materials Market Size, Share, Growth Analysis, By Type (Polymer, Metals and Alloys), By Form (Filament, Ink), By Function (Conceptual Model, Functional Prototype), By End Use (Aerospace and Defense, Healthcare), By Region - Industry Forecast 2025-2032

Rapid Prototyping Materials Market Competitive Landscape

Rapid Prototyping Materials Market Report Snapshots

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What is the global market size of Rapid Prototyping Materials Market?

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