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The 3D-printed composite materials market will register a CAGR of over 38% by 2023
[May 09, 2019]

The 3D-printed composite materials market will register a CAGR of over 38% by 2023


NEW YORK, May 9, 2019 /PRNewswire/ -- About this market
The increasing adoption of additive manufacturing will trigger the market's growth in the forthcoming years. 3D printed composites are increasingly being used as raw materials in additive manufacturing. Vendors are also using additive manufacturing for offering products catering in different end-user industries including aerospace, automotive, and medical devices manufacturing industry. This will further foster the 3D-printed composite materials market growth in the forthcoming years. Analysts have predicted that the 3D-printCONed composite materials market will register a CAGR of over 38% by 2023.

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Market Overview
Increased demand in the aerospace sector
One of the growth drivers of the global 3D-printed composite materials market is the increased demand in the aerospace sector. The growing demand for 3D-printed composite materials in the aerospace sector will drive the market durin the forecast period.



Easy availability of substitutes
One of the challenges in the growth of the global 3D-printed composite materials market is the easy availability of substitutes. The increasing adoption of substitutes and their easy availability are expected to hinder the growth of the market during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the 3D-printed composite materials market during 2019-2023, view our report.

Competitive Landscape
The market appears to be highly fragmented with the presence of several market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.


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