3D printing might detonate the market for materials and output value will reach $24 billion by 2027

In the field of 3D printing, 3D printing materials play an important role. 3D printing materials are an important material foundation
for the development of 3D printing technology. To some extent, the development of materials also determines the application
prospect of 3D printing. At present, 3D printing materials mainly include polymer materials, metal materials, ceramic materials and
composites.

The development of 3D printing materials determines the application range and field of 3D printers. At the same time, the use and
application of 3D printers have also promoted the substantial growth of 3D printing materials market. XYZPrinting took the lead by
adopting the vendor lock-in model and becoming a market leader by selling a large number of inexpensive printers and generating
a large amount of revenue from materials.

Using interviews with 90 key players in the industry and financial disclosures from these companies, it is estimated that the total
market value of 3D printed materials is expected to exceed $24 billion by 2027.

In recent years, China's 3D printing technology has been rapidly developed and applied in a wider range, but there is still a big gap
between China's material supply and foreign advanced level, which has become a technical bottleneck restricting the further
development of China's 3D printing and affecting its industrialization process. All major enterprises should take a correct view of
the deficiencies in the development of domestic material industry, consolidate the foundation and explore and innovate, so that
they can take the lead in the outbreak of the 3D printing market.