Market Definition

Rapid prototyping is the rapid fabrication of model, physical part, or assembly using 3D computer-aided design (CAD). The creation of the model, part or group is generally completed by using additive manufacturing. This is more commonly known as 3D printing. Rapid prototyping material has several applications in the aerospace sector such as in electrical generators for aeroplanes, air inlet housing, engine components, and other lightweight elements.

Data Bridge Market Research analyses that the rapid prototyping material market was valued at USD 903.8 million in 2021 and is expected to reach USD 6,888.04 million by 2029, registering a CAGR of 28.90% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Rapid prototyping material is widely used in several industries, including aviation, healthcare, transportation, consumer goods, electronics, etc. Recent advancements in the field of rapid prototyping, such as application of 3D printing technology for prototyping and manufacturing, have contributed to the market growth. Furthermore, manufacturers are working on the cost-effective rapid prototyping materials for niche applications, where testing the prototype performance is not required.

Competitive Landscape and Rapid Prototyping Material Market Share Analysis

The rapid prototyping material market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to rapid prototyping material market.

Some of the major players operating in the rapid prototyping material market are:

  • 3D Systems, Inc. (U.S.)
  • Arkema (France)
  • Stratasys Ltd. (U.S.)
  • DSM (Netherlands)
  • EOS (Germany)
  • CRP SERVICE S.r.l. (U.S.)
  • Envisiontec US LLC (Germany)
  • Materialise (Belgium)
  • Oxford Performance Materials (U.S.)
  • CRS Holdings, LLC (U.S.)
  • Stratasys Ltd. (U.S.)
  • ArcelorMittal (Luxemberg)
  • Corporate.Evonik (Germany)
  • New Golden Plastics (China)
  • Evonik Industries AG (Germany)


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Global rapid prototyping material Market Scope

The rapid prototyping material market is segmented on the basis of type, application, function, form and technology. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Polymers
  • Metals
  • Ceramics
  • Others

Application

  • Aerospace and Defence
  • Healthcare
  • Transportation
  • Consumer Goods and Electronics
  • Manufacturing and Construction

Function

  • Conceptual Model
  • Functional Prototype

Form

  • Filament
  • Ink
  • Powder

Technology

  • Subtractive
  • Additive
  • Ink Jet Printing
  • Techniques

Rapid Prototyping Material Market Regional Analysis/Insights

The rapid prototyping material market is analysed and market size insights and trends are provided by country, type, application, function, form and technology as referenced above.

The countries covered in the rapid prototyping material market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the rapid prototyping material market regarding market share and revenue. This is due to the increasing growth of the construction and manufacturing industries. Furthermore, increasing demand for consumer goods, rising population and easy availability of raw material are some other regions propelling the growth of the market in this region.

Middle East and Africa is expected to be the fastest developing region during the forecast period of 2022-2029 due to the increasing adoption of product in several industries such as healthcare, education, retail and other and development of the oil and gas industry in this region.

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