Why GCC And Levant 3D Printing Materials Market Are Popular In The Global 3D Printing Market?

 

GCC And Levant 3D Printing Materials Market

Rise in the organ transplant surgeries in the GCC region is creating demand for 3D printing materials, this in turn augments the growth of the GCC and Levant 3Dprinting materials market. According to the American Academy of Cosmetic Surgery Hospital, there has been a tremendous rise in cosmetic surgery procedures across the GCC and Levant countries. Thus, growth in surgeries is expected to accelerate the market growth of 3D printing materials. On the other hand, the high cost of 3D printing materials is projected to restrict the growth of the GCC and Levant 3D printing materials market. According to the Coherent Market Insights analysis, 3D printing material accounts for over 50% of the overall production costs as these materials require additional preparation before the production process which increases the overall cost of production.

In October 2019, Stratasys has launched a new line of durable, temperature, and chemical resistant thermoplastics designed for 3D printed tooling and “production-grade” parts. The new FDM materials include Antero 840CN03 for the Stratasys Fortus F900 3D printer, and Diran 410MF07 and ABS-ESD7 for the Stratasys F370 3D printer.

Rapid growth in the e-retailers in the GCC region that are selling 3D printing is projected to bolster the market growth over the forecast period. Moreover, growing government initiatives to set up 3D manufacturing labs across various sectors in the GCC region is expected to offer immense growth opportunity to the market. High demand for 3D printing materials for producing lightweight components of automobiles and aerospace will further favor the growth of the market.

Furthermore, the growing demand for 3D printing materials from electronic and consumer applications is also anticipated to accelerate the growth of the GCC and Levant 3D printing materials market.

Key players are engaged in the GCC and Levant 3D printing materials market are 3D Systems, Stratasys Ltd., Beijing Tiertime Technology Co. Ltd., ExOne Co., 3D Filament Manufacturing, Coex LLC, and MatterHackers Inc.

3D printing offers a lot more material selection than ever before, but that can sometimes be difficult to determine which material would be best for your particular project. The three basic classes of 3D printing raw materials are metals, plastics, and composites; each one offers different color options and thicknesses, as well as different ways in which they can be used in different print projects. In general, the most popular 3D printing materials used by hobbyists and commercial customers are metals and plastics. Because they have the highest melting point, these materials tend to be more resistant to the stress of being 3D printed, especially if they are being used for complex designs or parts. Composites, on the other hand, are made up of mostly polymers and sometimes glass powders or resins; these materials offer high strength, flexibility, and durability, making them popular for use in a wide range of applications.

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