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The aerospace 3D printing materials market is projected to reach USD 8.39 billion by 2027, at a CAGR of 25% from USD 2.75 billion in 2022. Demand for lightweight, cost-effective aircraft, as well as the need for rapid manufacturing of complex parts are expected to drive the aerospace 3D printing materials market forward.
The Fusion Deposition Modeling (FDM) segment is expected to dominate the aerospace 3D printing market in terms of printing technology. The ability of this technology to produce complex shapes with varying textures, thickness, and color is one of the main factors driving the segment's overall growth.\
North America is the largest region in the aerospace 3D printing materials market and is driven by the increasing adoption of 3D printing technology for the production of complex, lightweight 3D components Furthermore, aircraft component and aircraft manufacturers are shifting to 3D printing technology to produce low-volume parts, fueling the growth of the aerospace 3D printing market.
The key players in this market 3D systems Corporation (US), Stratasys, Inc. (Israel), Materialise N.V (Belgium), EOS GmbH (Germany), and Ultimaker B.V. (Netherlands). Continuous developments in the market—including new product launches, mergers & acquisitions, agreements, and expansions—are expected to help the market grow. Leading manufacturers of aerospace 3D printing materials market have opted for new product launches to sustain their market position.