Report Code: A11571 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the 3d Printing Elastomers Market
Request Now !3D printing can be referred to as a method of production in which the material is stacked up in layers under computer control to form a three-dimensional (3D) model. The materials used in this process are called elastomers. They are mostly rubbery material mainly composed of large molecules. Elastomers can be made of plastics, natural rubber, liquids, and polyurethane. Flexibility, durability, high thermal stability, and resistance are some of the important properties of elastomers, which help in creating perfect 3D printing models.
Covid-19 Impact Analysis
Factors contributing toward market growth are favorable government policies for boosting the 3D printing industry, increased demand from consumer goods industry, and others. However, the high cost of elastomers is one of the major factors that hinders the market growth. In addition, less awareness about 3D printed products in developing regions is one of the challenging factors for the industrial participants. Furthermore, high initial cost is also one the challenging factors for market players. North America is among the significant regions in the market. This is attributed to heavy investment in R&D in 3D printing technology, consumer acceptance, and awareness for 3D printing elastomer products, and others.
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3D printing Elastomers Market Report Highlights
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Key Market Players | Stratasys Lt, Materialise NV (ADR), Proto Labs Inc.,, Electro-Optical Systems, ExOne Co., Hewlett Packard Inc, 3D Systems Corporation, EOS GmbH, Concept-LaserGmbH, Arcam AB (GE Aviation), SLM Solutions Group AG |
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