Global 3D Printing Plastic Market, By Type (Polycarbonates, Photopolymers, Acrylonitrile Butadiene Styrene (Abs), Polyamide/Nylon, Polylactic Acid, Polyethylene Terephthalate (Pet), Glycolized Polyester (Petg), High Performance Polymers, And Others), Form (Filament, Liquid/Ink, Powder), Application (Prototypin, Manufacturing), End-User (Healthcare, Aerospace and Defense, Automotive, Electrical and Electronics, Others) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global 3D Printing Plastic Market
Data Bridge Market Research analyses the 3D printing plastic market will exhibit a CAGR of 27.70% for the forecast period of 2022-2029. Data Bridge Market Research report on global 3D printing plastic market provides analysis and insights regarding the leading current market analysis scenario, upcoming as well as future opportunities and competitors. Rising demand for bio-based plastics will open up new opportunities for the 3D printing plastic market.
Plastic is a synthetic or semi-synthetic compound-based material. These compounds have the property of being malleable, which means they can change shape. The majority of plastics are synthetic and are frequently derived from petrochemicals.
Globally, the demand for 3D printing plastic is increasing from a variety of application sectors, including aerospace and defence, electrical and electronics, and healthcare, as it reduces project efforts, time, and costs. The increasing use of photopolymers and polyamide (nylon) materials in 3D printing due to their appealing properties is expected to drive the growth of the 3D printing plastics market. Furthermore, the development of innovative, stronger, lighter, and safer components and parts with shorter lead times and lower costs is expected to open up new opportunities for the global 3D printing plastic industry during the forecast period.
3D printing, also known as additive manufacturing, is in high demand in the global market because it is more efficient than other traditional manufacturing methods. 3D printing facilitates production by reducing project time, effort, and costs. Furthermore, creating a prototype does not necessitate the use of specialised tooling. Additionally, additive manufacturing avoids several tooling-related constraints on geometries that can be achieved through the traditional manufacturing process.
The high production cost of 3D printed plastic parts, on the other hand, is impeding the overall market's growth. The initial cost of purchasing 3D printing equipment is high. Commercial grade equipment is a high-capital-intensity investment. Furthermore, the costs of 3D printing materials and plastics are higher because they are premium grades designed specifically for 3D applications in various end-use industries.
This global 3D printing plastic market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 3D printing plastic market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global 3D Printing Plastic Market Scope and Market Size
3D printing plastic market is segmented of the basis of type, form, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the 3D printing plastic market is segmented into polycarbonates, photopolymers, acrylonitrile butadiene styrene (ABS), polyamide/nylon, polylactic acid, polyethylene terephthalate (PET), glycolized polyester (PETG), high performance polymers, and others
- Based on form, the 3D printing plastic market is segmented into filament, liquid/ink and powder.
- The application segment of the 3D printing plastic market is segmented into prototyping and manufacturing.
- The end-user segment of the 3D printing plastic market is divided into healthcare, aerospace and defense, automotive, electrical and electronics and other.
3D printing plastic Market Country Level Analysis
3D printing plastic market is segmented of the basis of type, form, application and end-user.
The countries covered in the global 3D printing plastic market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America accounted for the largest share of the 3D printing plastic market. The increasing demand for 3D printing plastics in medical devices and equipment, as well as the increasing adoption of 3D printing technology in the United States, Canada, Mexico, and other countries in the region, is expected to drive market growth in the near future.
The country section of the global 3D printing plastic market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and 3D Printing Plastic Market Share Analysis
The global 3D printing plastic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 3D printing plastic market.
Some of the major players operating in the global 3D printing plastic market report are 3D Systems, Inc, Arkema, Stratasys Ltd, EOS GmbH, CRP TECHNOLOGY S.r.l., Oxford Performance Materials, Materialise, BASF SE, Evonik Industries AG, Clariant, HP Development Company, L.P., DuPont de Nemours, Inc., VEXMA TECHNOLOGIES PVT LTD, PolyOne Corporation, 3Dnatives, Protofab, Jariwala Robotics Private Limited Eaton, Oizom Instruments Pvt. Ltd., Air-Met Scientific Pty Ltd., Ecotech, and Breeze Technologies among other.
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