Rapid prototyping takes a virtual 3D CAD model and builds a physical model layer by layer using materials like liquid, powder, or sheets. It can create almost any shape and is used for prototypes, models, production parts, and art. The process involves transforming the virtual design into cross sections, then creating each cross section physically with an additive fabrication machine by laying down successive layers that fuse together. While construction times can vary widely, additive systems can typically produce models in a few hours.