making, table wares, and sculpting. Among these applications, health care and aerospace are expected to dominate the market in the near future. Rise in demand for rapid prototyping for critical components in the aerospace sector is anticipated to drive the market for rapid prototyping materials during the forecast period. Rapid prototyping is employed widely in the manufacture of implants, prosthetics, surgical equipment, etc. in the health care industry. Thus, demand for rapid prototyping is increasing in the fields mentioned above.
Low cost and easy availability of raw materials are also estimated to give a boost to the global market for rapid prototyping materials.
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Rapid Prototyping Market: Region-wise Outlook
North America is a dominant region in the rapid prototyping materials market, due to the presence of developed industries. Europe is a major supplier of raw materials for rapid prototyping. Certain countries such as Germany, France, the U. K., and Italy in Europe are providing ample scope for growth to major players in the rapid prototyping materials market.
The rapid prototyping materials market in Asia Pacific is projected to witness substantial growth in the next few years. This can be primarily ascribed to the increase in demand for rapid prototyping materials in vital industries such as health care, aerospace, and
Rapid Prototyping Materials Market: Key Players
Key players operating in the market of rapid prototyping materials market include Agile Manufacturing Inc., ProtoCAM, EOS GmbH Electro Optical Systems, Carpenter Technology Corporation, GmbH Electro Optical Systems, LPW Technology Ltd., Lithoz GmbH, Materialise NV, Oxford Performance Materials, 3D Systems Corporation, and Stratasys Ltd., etc.
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