The global rapid prototyping material market size is expected to be valued at USD 2.6 billion by 2025, progressing at a CAGR of 30.9% over the forecast period, according to a new report by Radiant Insights, Inc. Technological advancements related to 3D printing-based production are expected to drive the global market for rapid prototyping materials over the forecast period.
The use of prototypes allows preliminary assessment of a product and verification of possible weak points of the design, which is expected to propel the demand for rapid prototyping materials over the forecast period. Rising use of rapid prototyping process in aerospace & defense industry is expected to further augment the market growth. The use of rapid prototyping in healthcare industry has aided the production of precision equipment and implants, in turn, contributing to the industry growth. In addition, increased use of rapid prototyping materials in surgical planning and simulation is anticipated to benefit the market growth over the forecast period.
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Materials required for rapid prototyping process include thermoplastics, metals & alloys, and ceramics, which are used in the form of liquid, powder, filaments, or sheets. Factors such as high investment in the technology and expanding application scope of these materials in various end-use industries are expected to spike the prices, which is anticipated to restrict the market growth. Major raw material suppliers and manufacturers are engaged in developing new products that are tested for approval of products and certifications. Moreover, strategic initiatives undertaken by the players are expected to help build a strong position in the market.
Further key findings from the report suggest:
• Rapid prototyping thermoplastics segment dominated the market in 2018 and is expected to generate a revenue of USD 1,486.2 million by 2025, on account of high adoption rate, which can be attributed to its high strength, durability, stiffness, and resistance to temperature & moisture
• Manufacturing & construction is expected to advance at a CAGR of 31.9% from 2019 to 2025, owing to the rapidly expanding manufacturing and construction activities in the developing economies
• Asia Pacific is anticipated to progress at a CAGR of 41.7% from 2019 to 2025, owing to rapid industrialization and increasing demand for consumer goods in the region
• North America accounted for USD 120.9 million in 2018 and is anticipated to reach USD 584.4 million by 2025, due to technological advancements
• Rapid prototyping materials market participants are focused on developing new products and applications for consumers to attract a larger customer base.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/rapid-prototyping-material-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Rapid Prototyping Materials Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.2.1. List of Key End-Users, by Region
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Rapid Prototyping Materials - Market dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Rapid Prototyping Materials Market
3.6.1. Industry Analysis - Porter's
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Economic Landscape
3.6.2.6. Legal Landscape
3.6.3. SWOT Analysis
3.6.3.1. Strength
3.6.3.2. Weakness
3.6.3.3. Opportunity
3.6.3.4. Threat
Continued…
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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
The use of prototypes allows preliminary assessment of a product and verification of possible weak points of the design, which is expected to propel the demand for rapid prototyping materials over the forecast period. Rising use of rapid prototyping process in aerospace & defense industry is expected to further augment the market growth. The use of rapid prototyping in healthcare industry has aided the production of precision equipment and implants, in turn, contributing to the industry growth. In addition, increased use of rapid prototyping materials in surgical planning and simulation is anticipated to benefit the market growth over the forecast period.
Download Free Sample Report @ https://www.radiantinsights.com/research/rapid-prototyping-material-market/request-sample
 |
| Rapid Prototyping Material Market |
Materials required for rapid prototyping process include thermoplastics, metals & alloys, and ceramics, which are used in the form of liquid, powder, filaments, or sheets. Factors such as high investment in the technology and expanding application scope of these materials in various end-use industries are expected to spike the prices, which is anticipated to restrict the market growth. Major raw material suppliers and manufacturers are engaged in developing new products that are tested for approval of products and certifications. Moreover, strategic initiatives undertaken by the players are expected to help build a strong position in the market.
Further key findings from the report suggest:
• Rapid prototyping thermoplastics segment dominated the market in 2018 and is expected to generate a revenue of USD 1,486.2 million by 2025, on account of high adoption rate, which can be attributed to its high strength, durability, stiffness, and resistance to temperature & moisture
• Manufacturing & construction is expected to advance at a CAGR of 31.9% from 2019 to 2025, owing to the rapidly expanding manufacturing and construction activities in the developing economies
• Asia Pacific is anticipated to progress at a CAGR of 41.7% from 2019 to 2025, owing to rapid industrialization and increasing demand for consumer goods in the region
• North America accounted for USD 120.9 million in 2018 and is anticipated to reach USD 584.4 million by 2025, due to technological advancements
• Rapid prototyping materials market participants are focused on developing new products and applications for consumers to attract a larger customer base.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/rapid-prototyping-material-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Rapid Prototyping Materials Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.2.1. List of Key End-Users, by Region
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Rapid Prototyping Materials - Market dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Rapid Prototyping Materials Market
3.6.1. Industry Analysis - Porter's
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Environmental Landscape
3.6.2.3. Social Landscape
3.6.2.4. Technology Landscape
3.6.2.5. Economic Landscape
3.6.2.6. Legal Landscape
3.6.3. SWOT Analysis
3.6.3.1. Strength
3.6.3.2. Weakness
3.6.3.3. Opportunity
3.6.3.4. Threat
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/materials
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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