Regionally, the global 3D printing materials market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is set to hold largest revenue share by 2037, on the back of growing aerospace and automotive sectors, which are the major end-users for 3D printing technology. Moreover, U.S. has more than 5,100 public airports. This is also expected to fuel the demand for 3D printing materials. The increasing demand for 3D printing of prototypes will raise the demand for 3D printing materials, which is estimated to boost the market growth in the region.
The 3D printing materials market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period on account of growing economic development and presence of major automobile manufacturers in the region. Moreover, the growing use of 3D printing in the manufacturing industry is also estimated to encourage the market growth in the region.
Author Credits: Shweta Patidar
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