According to the report titled ‘Global Rapid Prototyping Materials Market Size study, by Type (Polymers, Metals and Ceramics), by End-use (Aerospace & Defense, Healthcare, Transportation, Consumer Goods & Electronics and Manufacturing & Construction) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global rapid prototyping materials market is estimated to expand substantially by the year 2028.

The increasing demand for product development & personalization and the growing defence & aerospace sector are some of the main factors driving the expansion of global rapid prototyping materials market.

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For those unaware, rapid prototyping is an additive method that combines layers of paper, wax, or plastic to produce solid objects. However, the majority of machining operations are "subtractive" operations that take the material away from a solid block.

Rising R&D investments and increasing demand for rapid prototyping materials are contributing toward the overall market growth as well. However, the low acceptance rates in developing countries is likely to hinder the growth of the overall market during 2022-2028.

The objective of global rapid prototyping materials market report is to provide in-depth details about the crucial aspects such as growth factors & challenges which will define the growth trajectory of this business vertical during 2022-2028. Moreover, the study is designed to incorporate both quantitative and qualitative aspects of the industry through the regional landscape and competitive backdrop.

As per type, the market is divided into ceramics, metals, and polymers segments. Moving on to the end-user terrain, the industry is fragmented into manufacturing & construction, consumer goods & electronics, transportation, healthcare, and aerospace and defence.

From the regional point of view, North America is expected to hold the largest share in global rapid prototyping materials marketplace by the end of the analysis period owing to the expanding product usage across a range of end-user sectors.

Meanwhile, Asia-Pacific market is projected to register a decent CAGR over the forecast period, due to increasing production activities in the automotive, consumer goods, and electronics sectors.

Golden Plastics, Oxford Performance Materials, Materialise NV, EnvisionTEC GmbH, Stratasys Ltd., 3D Systems Corporation, ArcelorMittal S.A., Arkema S.A., Evonik Industries AG, and CRP Group are the leading players in the worldwide rapid prototyping materials market.