3D Printed Composites Market Overviews
The Global 3D Printed Composites Market size reached US$ 198.31 Million in 2023 and expects the market to reach US$ 490.47 Million by 2030, exhibiting a growth rate (CAGR) of 13.81% during 2024-2030.
The market for 3D-printed composites began to take shape with the widespread use of 3D printing technology for composite materials. Composite materials can benefit especially from the layer-by-layer material addition method used in additive manufacturing, sometimes referred to as 3D printing. Composites are substances created by combining two or more distinct elements with dissimilar physical or chemical properties to create a completed good with improved overall performance.
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3D Printed Composites Market Scope and Methodology:
3D-printed composites offer the advantage of being lightweight while maintaining high strength and stiffness properties. This makes them appealing for aerospace, automotive, and sports equipment industries, where weight reduction is crucial for improving fuel efficiency and overall performance.
3D Printed Composites Market Regional Insights
For 3D-printed composite materials globally in 2023, North America held the largest market share. The increasing adoption of 3D printing technology across numerous industries, including aerospace, automotive, healthcare, and consumer goods, has led to a recent growth in the North American 3D printing composite industry. The market is being pushed by a desire for intricately formed, incredibly strong, and light composite parts. In North America, the healthcare sector, notably for the production of specialty implants and prostheses, is also driving the demand for 3D printing composites. The ability to produce patient-specific components using 3D printing with composites with complex geometries and high precision has altered the medical business and led to better patient outcomes and lower costs.
3D Printed CompositesMarket Segmentation
Based on the type of composite, the market is segmented into three groups: glass fiber composite, aramid & graphene fiber composite, and carbon fiber composite. Carbon fiber composite is anticipated to have the industry with the fastest CAGR growth from 2024 to 2030. The increase is being brought on by expanding demand in the aerospace and defense sectors. By significantly reducing the weight of cars and airplanes through the use of composites in 3D printing, it is feasible to improve the performance and fuel efficiency of these vehicles. Arevo developed a laser-based technique for 3D printing carbon fiber.
3D Printed Composites Market Key Players
3D Systems Corp.
Arkema SA
AREVO Inc.
BASF SE
Cosine Additive Inc.
CORE Industrial Partners LLC
CRP Technology Srl
General Electric Co.
EOS GmbH Electro Optical Systems
Graphite Additive Manufacturing Ltd.
Koninklijke DSM NV
Hoganas AB
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Key questions answered in the 3D Printed Composites Market are:
- What is 3D Printed Composites ?
- What was the 3D Printed Composites market size in 2023?
- What is the growth rate of the 3D Printed Composites Market?
- Which are the factors expected to drive the 3D Printed Composites market growth?
- What are the different segments of the 3D Printed Composites Market?
- What growth strategies are the players considering to increase their presence in 3D Printed Composites ?
- What are the upcoming industry applications and trends for the 3D Printed Composites Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the 3D Printed Composites Market?
- Who are the leading companies and what are their portfolios in 3D Printed Composites Market?
- What segments are covered in the 3D Printed Composites Market?
- Who are the key players in the 3D Printed Composites market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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