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Polymers Market Data: Q1 2021

Published on Jul 23, 2021 Category Tag

NEW YORK, NY:  SmarTech Analysis, the leading provider of market analysis and consulting services to the additive manufacturing (AM) industry, reported in its latest quarterly advisory services report that the polymer sector of the AM market grew year-over-year by a modest amount, but positive signs in the hardware segment indicate a positive outlook for the remainder of the year. In particular, hardware sales were up nearly 12 percent in the quarter which, overall, was only marginally impacted one year ago from the coronavirus. With hardware sales being the backbone of the industry and always a leading indicator of future growth in other sectors of the value chain, SmarTech is encouraged that all of the continued investment and competitive landscape changes in the AM industry -including the polymer sector -will improve the overall long term outlook for the technologies, and the first quarter’s growth will accelerate further throughout 2021.