3D Printing Plastics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented Type (Photopolymers, ABS, PLA, Polyamide, and Others), By Form (Powder, Filament, and Liquid), By Application (Prototyping, Manufacturing, Others), By End User Industry (Healthcare, Aerospace & Defense, Automotive, Consumer Goods, and Others), By Company and By Region

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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3D Printing Plastics Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented Type (Photopolymers, ABS, PLA, Polyamide, and Others), By Form (Powder, Filament, and Liquid), By Application (Prototyping, Manufacturing, Others), By End User Industry (Healthcare, Aerospace & Defense, Automotive, Consumer Goods, and Others), By Company and By Region

Global 3D Printing Plastics Market is anticipated to upsurge at an impressive rate through 2027. 3D printing is an additive fabrication process in which a physical object is conceived from a digital model by printing thin layers of material and then blending them collectively. 3D printing plastic is made of malleable synthetic or semi-synthetic compounds that have excellent heat resistance, impact confrontation, chemical resistance, and rigidity. 3D printing help manufacturer by lowering costs, less waste, lessening time, competitive advantage, fewer human errors, and higher production rate making the 3D printing technique more demanded in industries. 3D printing techniques are capable of building complex designs in a short period, leading to capturing a significant market share in the future.

Furthermore, the growing demand from Healthcare, Aerospace & Defense, Automotive, Consumer Goods, construction, decoration, jewelry, and Others are the crucial factors that propel the market's growth. Additionally, Government regulations on trade and export, increasing investment in research & development, and organizational efforts are the key factor responsible for market growth. People's trends toward opting the new technology for maximizing profit are boosting the market.

Growing Demand from Medical Sector Worldwide is Driving the Market

The 3D printer has sorted various medical circumstances, which were very difficult to perform in standard cases. 3D printed prostheses, new innovative workflow for ankle foot orthoses, Bio-printing, Tissue Engineering, 3D Printed Organs, and Beyond are medical applications that are transforming the sector.

Growing awareness about the 3D printer worldwide owing to its characteristics and application is a significant component of the market's current development. The report published in 2022 stated that the global 3D printing plastic market is estimated to be nearly 27000 metric tons in 2023 as per volume worldwide. Thus, it will directly impact the growth of the 3D printing plastic market in the forecasted period.

Environmental Risk by 3D-Printed Plastic Product is Hindering the Market Growth.

The growing 3D printing plastics market led to increased consumption of 3D printing plastics made primarily of plastic grade material. As plastic harms the environment, policies related to ban of plastic can hinder the growth of the 3D printing plastics market. Apart from these, the higher manufacturing cost are restraints to the growth of the product.

Ongoing Technological Advancements for Bio-Based Grade Polymer are Driving Growth

Ongoing research and development activities worldwide are driving it towards sustainable development. These situations will lead to demand for bio-degradable substitutes like PLA (polylactide), the standard example of biodegradable plastic. As technology and application are emerging, there is a significant chance of an opportunity for the market player to acquire a considerable market share.

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Market Segmentation

The Global 3D Printing Plastics Market is segmented based on


MIR Segment1

Market Players

The BASF SE, 3D Systems Corporation, Stratasys, Inc., Arkema S.A., Solvay S.A., Henkel AG, Covestro AG, Evonik Industries AG, Saudi Basic Industries Corporation, DuPont de Nemours, Inc. are the key players operating in the Global 3D Printing Plastics Market.

Attribute

Details

Base Year

2021

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Form

·         Application

·         End User Industry

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia.

Key companies profiled

BASF SE, 3D Systems Corporation, Stratasys, Inc., Arkema S.A., Solvay S.A., Henkel AG, Covestro AG, Evonik Industries AG, Saudi Basic Industries Corporation, DuPont de Nemours, Inc.

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