A new report suggests that the 3D printing market will grow by seven times by 2029.
According to the Future Markets report, the growth of filament fabrication (FFF), which can make efficient prototypes and sturdy end-use parts, will help boost the 3D printing market.
The market will also be developed through the adoption of 3D printing technology in aerospace, architecture and automotive, the report said.
However, the market may be constrained by high initial expenditure and maintenance fees, along with pricing and compatibility restrictions pertaining to materials.
During the period to 2029, the report suggests that 3D printing companies will enter into partnerships and collaborations with other regional players and raw material providers in the market to develop their product portfolios.
This story uses material from Future Markets, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.