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The global functional printing market is projected to grow at a CAGR of 20.13% to reach a total value of US$37.756 billion by 2025, from US$12.560 billion in 2020. The surge in demand for low-cost and high-speed manufacturing is one of the primary factors responsible for the growth of functional printing market. With advances in printing technologies and the availability of low-cost materials associated with printing, the companies can achieve high-speed manufacturing at lower costs.