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The aerospace 3D printing materials market is projected to register significant growth owing to increasing investments in the military & defense sector. Manufacturing companies are slowing edging towards 3D printing technology as it offers enhanced design flexibility for developing complex and intricate parts and components as well as eradicate the need for molds which makes the development process more expensive and time consuming.
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Aerospace 3D Printing Materials Market Share, Trend & Growth Forecast to 2026
KeyInsights Aerospace 3D Printing Materials Market : • The aerospace 3D printing materials market is projected to register significant growth owing to increasing investments in the military & defense sector. Manufacturing companies are slowing edging towards 3D printing technology as it offers enhanced design flexibility for developing complex and intricate parts and components as well as eradicate the need for molds which makes the development process more expensive and time consuming. • Increasing usage of additive manufacturing (AM) for the creation of complex lightweight aircraft cabin interiors could massively support 3D printing material demand. Rising number of space exploration activities along with proliferating demand for satellite spare parts would boost product adoption. Aerospace companies like NASA have installed plastic 3D printers in their International Space Station (ISS). These printers can develop components with the help of ABS and ULTEM 9085 plastic.
Continued… • Aerospace companies are also inclining towards using ceramic 3D printing materials as they offer several product innovation opportunities. Companies are constantly seeking new applications for 3D printing technology as it helps experiment with different materials and develop components that are well-suited for aircraft parts. Ceramic materials are often incorporated into airplane landing system to minimize the landing system’s weight while strengthening its core structure for high impact force. • In terms of applications, the industry is mainly bifurcated into rapid prototyping, part production, and tooling. Rapid prototyping segment is likely to accrue USD 105 million by the end of 2026. For the record, rapid prototyping can be defined as the fast fabrication of a physical part, assembly, or model with the help of 3D CAD systems and additive manufacturing. It enables low production volumes by developing complex trial prototypes of latest aerospace 3D printing components. Additionally, it offers a cost-effective alternative to authorize an airplane part before sanctioning it for full-scale manufacturing.
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Major Companies Aerospace 3D Printing Materials Market : • 3D Systems • GE • ExOne • Höganäs AB • EOS • ENVISIONTEC • Materialise
Regional Aerospace 3D Printing Materials Market : • On the geographical front, Asia Pacific is considered to be a lucrative terrain for local aerospace 3D printing material companies. The region has managed to control a significant market share over the years and is expected to record noteworthy growth over the predicted timeline.
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