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Global 4D Printing Market Growth to Progress on the Promise of a Sustainable Environment

Inkwood Research projects that the Global 4D Printing Market is predicted to register a CAGR of 25.86% in terms of revenue during the forecast period, 2019-2028.


“Browse 36 Market Data Tables and 39 Figures spread over 120 Pages, along with an in-depth TOC on the Global 4D Printing Market Forecast 2019-2028.”

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4D printing comprises biomimetic composites that reprogram and adapt their properties, shape, or functionality on demand. The latter depends upon external stimuli. The researchers are integrating several types of plastics and fibers for creating smart materials. Such that these materials could self-assemble or change shape as they come in contact with stimuli like the water of heat. The rising demand for minimizing the process and manufacturing costs are estimated to propel the 4D printing market growth.

An Assurance of Sustainable Environment Fuels Market Growth
The rate of production has surged thanks to swift technological advancements. Yet, the growing strain on the resources is a matter of concern. The product development that will not cause of depletion of natural resources will be in demand in the coming years. Many companies are already keen on integrating such strategies for developing products in the long run. The increasing prioritization of environmental protection is estimated as one of the primary drivers of 4D printing market growth. This is because a product thus created will not be a burden on resources like oil and gas.
Also, such products will entail reduced transportation, handling, and manufacturing costs. These will also come with reusing and recycling features given its simple raw material requirements. With a promise of less general solid waste, the technology spares the compromise of the future of the human race.

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Programmable Carbon Fiber is the Most Sought Material
Carbon fiber is the strongest and lightest woven material. The low weight, high stiffness, and tensile strength, contribute to its prevalence in the market, during the forecast period. The Self-Assembly Lab of MIT patterned an application of the programmable carbon fiber technology. The 4D-printed, cured fiber thus formed will be capable of responding to heat so as to control the airflow. This is due to its bi-directional nature.

In the aviation domain, Airbus transforms it into fuel for saving air inlet component, which can cool the engine by adjusting automatically to the airflow. Many companies are offering carbon-based products to various industries. SGL Carbon supplies carbon-based materials and products for aerospace, automotive, and solar & wind energy industries. North America is projected to gain the most market share with a huge number of carbon fiber production companies, along with the presence of active innovation facilities.

North America maintains its Strong Foothold in the Global Market
North America has the presence of 3D printing pioneers that champion the use of 4D printing. Due to this, the region exhibits excellent potential for the market under study. For example, ExOne has robust 3D printing capabilities. Thus, companies are focusing on transforming towards 4D printing. Also, the region encompasses vast awareness when it comes to advanced technologies.
The market studied is emerging slowly. Most of the vendors are consolidated in the developed region. The overall intensity of competitive rivalry is deemed to moderate. It is projected to increase further with the emergence of new applications. Autodesk Inc, Hewlett Packard Inc, Stratasys Inc, etc. make it to the list of the prominent companies in the market.
About Inkwood Research
Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises of North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.
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Related Reports:
GLOBAL 3D PRINTING MARKET
GLOBAL 3D RECONSTRUCTION MARKET
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