Global 3D Printing Plastics Market is segmented by plastic (PLA, ABS, PEEK, Photopolymers, nylon/polyamide, PETG, and PC), by end user (Healthcare, automotive, aerospace and defense, consumer electronics, and other) and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America). Global Industry Analysis and Forecast 2018-2026. Global 3D printing plastics market was valued US$ 325 Mn in 2017 and is estimated to reach approximately US$ 1.490 Bn by 2026 at a CAGR of about 20 % during a forecast.
Significant investment towards research & development in 3D printing by major companies along with consumer acceptance is driving the demand for 3D printing plastic market. Cost effectiveness as compared to that of the metals, growing end use industries, increasing application areas, and emerging economy has resulted into the surging demand for 3D printing plastics. 3D plastic allows easier customization as per consumer requirement. Functional prototyping, tooling, and designing have enabled extensive products of 3D printing across newer application areas. Alternatives like ceramic hampers market growth.
Photopolymers was the dominant segment in 2017
Photopolymers are expensive than other conventional plastics. Due to increasing variety of photopolymers, photopolymer based technologies like SLA, PolyJet and DLP, and increasing acceptability across the various industries, the products of 3D printing with photopolymers are increasing drastically. Photopolymers are one of the materials used in 3D printing with potential to make products with better properties.
Consumer electronics segment is emerging as a significant end user of 3D plastic products
Reduced lead time offered by additive manufacturing techniques. Innovative additive manufacturing solutions enable production of designer parts with complex geometries, thus, facilitating manufacturers to cater to rising consumer needs for personalized parts.
North America dominated the global 3D printing plastic market in 2017.
North America is highest revenue generating region in North America. U.S., followed by Canada are leading 3D printing plastic market in North America. Industrial advancements, extensive investments for dedicated R&D facilities, and development of 3D printing-based products are factors that are accelarating the growth of the market in the North America.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as 3D Systems Corporation, Arkema SA, EOS, Evonik AG, Stratasys, BASF SE, EOS GmbH, EnvisionTEC, FormLabs Inc., HP Inc., Prodways Technologies, Proto Labs Inc., Ricoh Company Ltd., Royal DSM, Stratasys Ltd., Voxeljet AG, XYZ Printing, Asiga, Aviv3D, Carbon3D Inc., Hunan Farsoon High-Tech Co. Ltd., Mcor Technologies Ltd., Ultimaker B.V. are major players operating in the global 3d printing plastics market.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the global 3D printing plastics market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global 3D printing plastics market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global 3D printing plastics market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global 3D printing plastics Market”.
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