3D Printing Materials Market Size Worth USD 6.54 Billion By 2027

The Global 3D Printing Materials Market is projected to reach USD 6.54 billion in 2027. Accelerated prototyping is being broadly accepted as a technology for product design, prototyping, product sampling, and concept modeling to the final steps of manufacturing, thereby increasing the growth of the 3D printing materials market. 3D printing is considered as one of the significant disruptive technologies of this century, shifting from prototyping to a potential production process across several industries. 3D printing is anticipated to have a positive influence on several end-use industries, such as automotive, healthcare, and aerospace & defense, and consumer goods.

Huge demand for the 3D printing custom offsets and huge application solutions of the 3D printed materials in automobiles, aircraft, and medical implants, among others are the core propellers for this market. The method of additive manufacturing is increasing traction steadily in the area of medicine for prosthesis and dental attachments that are generated by 3D printers, which in turn encourages the growth of the market. Adoption of 3D printers for educational and developmental purpose has supported the sales of 3D printing materials. Intensified engagement among the 3D printer manufacturers has led to a reduction in the rates of 3D printers, developments in its performance has added to the growth of the market.