Global 3D Printing Plastics Market Size By Product (Photopolymers, ABS & ASA, Polyamide/Nylon, PLA), By State (Filament, Ink, Powder), By Geographic Scope And Forecast

3D Printing Plastics Market Size And Forecast

3D Printing Plastics Market size had a valuation of USD 1.21 Billion in 2022. We expect that the market will reach a valuation of USD 4.78 Billion by 2030, with an exceptional CAGR of 12.13% during the forecast period of 2024-2030.

The 3D printing plastics market? It's booming! That's largely because industries are growing and more folks in both developed and developing countries are using 3D printing. Think of North America – they're really open to cutting-edge tech, which is fueling the demand for all things 3D. And over in Asia, with countries like China and India industrializing like crazy, we can expect even more growth in the market. Want the inside scoop? The Global 3D Printing Plastics market report gives you the full picture. It really digs deep into the important stuffsegments, trends, what's driving growth, what's holding it back, who the big players are, and basically everything else that matters to the market.

Global 3D Printing Plastics Market Definition

3D printing is an innovative technology that has allowed humans to create any prototype shape or design out of thin air just by having a digital blueprint of that shape. Using 3D printing, prototype designing has become an easy and cost-efficiency task for innovators and hobbyists. 3D printing is applicable to individuals as well as to large-scale companies. The applications of 3D printing are just immense. 3D printing generally uses plastic polymers as they can be easily molded into desired shapes and can be recycled completely.

Commonly used polymers for 3D printing include Photopolymers, ABS and ASA, Polyamide/Nylon, PLA, and many others. These polymers have a tendency to change their physical and chemical properties under the influence of outside agents such as light, heat, or others. This allows 3D printers to convert these polymers into the desired shape or design for further use.

Global 3D Printing Plastics Market Overview

The primary growth factor for the global 3D printing plastics market is the increasing popularity of 3D printing, which has attracted many big players in the industry to enter the market. 3D printing is referred to as one of the most disruptive technologies in the past decade due to its industrial applications. Many end-user industries like aerospace, defense, healthcare, automotive, electronics, and others are rapidly adopting 3D printing technology as an integral part of their R&D and other related operations.

Due to such market development, the 3D printing industry has been expanding at a significant growth rate over the past few years. Plastic and polymers used in 3D printing are becoming easily associable with the general public, which uses 3D printing for personal or professional applications. It is also encouraging end-user industries to increase the scale of implanting 3D technologies into their operations.

However, the environmental concerns surrounding the use of 3D printing plastics are estimated to hinder the market growth on some scale. Government regulations regarding the use of plastic are getting more stringent each day, lowering its use for large-scale applications.

Global 3D Printing Plastics Market Segmentation Analysis

The Global 3D Printing Plastics Market has distinct segments based on Product, State, and Geography.

3D Printing Plastics Market, By Product

• Photopolymers
• ABS & ASA
• Polyamide/Nylon
• PLA

Based on the Product, the global market for 3D printing plastics is into Photopolymers, ABS & ASA, Polyamide/Nylon, and PLA. The photopolymers segment dominated the global 3D printing plastics market due to their use in various printing applications such as inkjet, polyjet, and 3D jetted printing. Photopolymers are sensitive to light, as exposure to light can change their physical and chemical properties. This unique property of photopolymers is expected to help the segment continue its dominance on a global scale.

3D Printing Plastics Market, By State

• Filament
• Ink
• Powder

Based on the State, the global market for 3D printing plastics is segmented into Filament, Ink, and Powder. The filament segment dominated the global market in terms of market share due to their superior applications and ease of use in 3d printing. Filaments have many industrial applications, like food packaging, tableware, upholstery, and disposable garments, which are forecasted to promote the growth of the filament segment in the market.

3D Printing Plastics Market, By Geography

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Based on the Regional Analysis, the global market for 3D printing plastics is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The North American region showed clear dominance over the global 3D printing plastics market due to higher technological awareness in the region. The North American region has the highest acceptance for cutting-edge technologies, which has allowed the 3D printing plastics market to easily expand in the region and offer growth opportunities to the key players.

Key Players

The “Global 3D Printing Plastics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are 3D Systems Corporation, Arkema Inc, Envisiontec Inc, Stratasys Ltd, SABIC, Materialise NV, HP Inc, Electro-Optical Systems, PolyOne Corporation, and Royal DSM NV.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight to the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In May 2023, 3D Systems Corporation announced that around 5.6% of the company’s shares had been acquired by First Trust Advisors LP
• In May 2023, Arkema Inc announced the acquisition of Polytec PT, a provider of adhesives.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global 3D Printing Plastics Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global 3D Printing Plastics Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

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Reasons to Purchase this Report

We dig deep into the market, using both numbers and real-world factors to understand different customer groups. You'll get the market size (in USD Billion!) for each group and subgroup, plus we'll point out the region and customer type that's set to explode with growth and grab the biggest share. We'll break down how the product/service is used in each area, highlighting the local influences. See how the big players stack up against each other, along with details on their latest moves – new products, partnerships, expansions, and acquisitions from the last five years. Get extensive profiles on these companies, including their background, insights, product comparisons, and SWOT analysis. We'll give you a clear picture of where the market is now and where it's headed, considering new opportunities, growth drivers, and the challenges in both emerging and established markets. We also offer an in-depth look at the market's inner workings through Porter's five forces analysis and a value chain breakdown. Expect a dynamic market overview, complete with future growth opportunities, and, to top it off, you'll receive 6 months of analyst support after your purchase.

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