GCC AND LEVANT 3D PRINTING MATERIALS MARKET ANALYSIS

Gcc And Levant 3d Printing Materials MarketSize and Trends

GCC and Levant 3D printing materials market was valued at US$ 0.4 Mn in 2022, exhibiting a CAGR of 14.7% in terms of revenue, over the forecast period (2023 to 2030) to reach US$ 1.2 Mn by 2030. 3D printing materials are used in the manufacturing of various plastic and metal materials. 3D printing materials are widely used in the lightweight component of automobiles and aerospace. In the medical industry, it is used along with the biocompatible metal such as titanium and cobalt to produce medical implants. Moreover, 3D printing materials are also used in manufacturing of flexible geometries across various industries.

GCC and Levant 3D Printing Materials Market - Trends

• Increasing adoption of multi-material filament

Increasing adoption of multi-material filament among manufacturers in the Levant in the production of complex structures is expected to stimulate market growth. For example, in Israel, nylon and metals are used in combination to manufacture spare parts for aerospace and automobiles.

• Increasing adoption of Nylon and Metallic Filaments

Increasing adoption of Nylon and Metallic Filaments across the industrial sector in GCC and Levant is expected to foster market growth. Moreover, rising consumption of 3D Printing Technology in the energy sector is further anticipated to accelerate the market growth over the forecast period.