Growing Adoption of 3D Printing Tech in Education and Govt Boosts Global 3D Printing Materials Market to US$1.4 bn by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “ 3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 ” is available for sale on the company website. According to the report, the global 3D printing materials market is primarily driven by a growing adoption of 3D printing technology across a large number of application segments, especially education and government. The market is further driven by supportive regulatory provisions by government bodies mostly in developed nations. All factors combined are expected to drive the growth of the global 3D printing materials market in the given forecast period. In terms of volume, the global 3D printing materials market was measured at 2,000 ...