The latest research study by IMARC Group, “3D Printing Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a comprehensive analysis of the industry, which comprises insights on global 3D printing plastics market report. The market size reached US$ 807.46 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,811.14 Million by 2027, exhibiting a growth rate (CAGR) of 21.50% during 2022-2027.
Three-dimensional or 3D printing plastics represent several materials, including photopolymers, acrylonitrile butadiene styrene (ABS) filaments, thermoplastics, and polyamide used in additive manufacturing procedures to develop products. They are mostly composed of various synthetic and semi-synthetic compounds derived from petrochemicals and natural sources.
3D printing plastics are lightweight, easily sterilizable, malleable, biocompatible, and provide enhanced thermal, chemical, and mechanical properties. They even aid in faster and easier design modifications or iterations, ensure effective mass customization of products, and offer assembly consolidations. As a result, 3D printing plastics find extensive applications across numerous sectors, such as automotive, healthcare, aerospace and defense, consumer goods, food and beverage (F&B), etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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3D Printing Plastics Market Trends and Drivers:
The growing adoption of 3D printing technology across industries to promote digital product manufacturing over traditional methodologies, which include injection molding and subtractive composition, is among the key factors driving the 3D printing plastics market. Apart from this, the elevating awareness about the multiple advantages of 3D printing plastics, including flexibility, precision, fuel optimization, etc., owing to which the usage of polycarbonate and ABS materials in the F&B segment has intensified, is acting as another significant growth-inducing factor.
In addition to this, the increasing uptake of the product in the aerospace and automotive industries to manufacture low-volume components at a reduced lead time and production costs is further stimulating the market growth. Moreover, the development of bio-based grade plastic printing materials by leading manufacturers derived from natural sources, such as palm oil, castor seeds, starches, etc., is also positively influencing the global market. Besides this, the escalating product demand from the healthcare sector to manufacture orthodontics surgical implants and surgical instruments is expected to propel the 3D printing plastics market over the forecasted period
3D Printing Plastics Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 3D Systems Inc.
- Arkema S.A.
- BASF SE, CRP Technology srl
- EOS GmbH – Electro Optical Systems
- Evonik Industries AG
- Henkel AG & Co. KGaA
- Materialise NV
- Shenzhen Esun Industrial Co. Ltd.
- Solvay S.A.
- Stratasys Ltd. and Toner Plastics.
The report has segmented the market on the basis of
- ABS and ASA
- Polylactic Acid (PLA)
- Aerospace and Defense
- Consumer Goods
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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