3D Printing Plastics Market Overviews
3D Printing Plastics Market was valued at USD 1440.08 million in 2023. Global 3D Printing Plastics Market size is estimated to grow at a CAGR of 22.5 % over the forecast period.
The report examines the Global 3D Printing Plastics market by analyzing its segments, which include Type, Form, End-Use, and Region. Data has been collected from market participants across various regions, including North America, Asia Pacific, Europe, the Middle East & Africa, and South America. This comprehensive market report provides an in-depth analysis of the rapid advancements occurring in all industry sectors. It includes facts, figures, illustrations, and presentations that offer critical data analysis for the historical period from 2018 to 2022. The report also explores the drivers, limitations, opportunities, and challenges facing the Global 3D Printing Plastics market. Additionally, the MMR report presents investor recommendations based on a detailed examination of the current competitive landscape within the Global 3D Printing Plastics market
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3D Printing Plastics Market Scope and Methodology:
The 3D Printing Plastic Market is witnessing substantial growth across various industries, including aerospace and defense, electrical and electronics, and healthcare, due to its ability to reduce project time, effort, and costs. Additionally, the increasing demand for bio-based plastics presents further opportunities for market expansion, as these materials offer an eco-friendly alternative to traditional synthetic and semi-synthetic compounds. The malleability of these plastics, which allows them to change shape, positively influences market growth by enhancing their versatility in different applications.
3D Printing Plastics Market Regional Insights
The North American region held the largest market share accounting for 68.7% in 2023. This region is comprised of developed markets and is characterized by a technologically advanced 3D printing industry, thereby contributing significantly to the market growth. Polylactic acid (PLA) is projected to grow at a promising rate in the North American market. Filament produced from PLA is widely used across several application areas as it is available in the market in various colors and blends. It is also easier to use and gives a premium finish to the final printed product. These factors are leading to the growth of the market through the forecast period.
3D Printing PlasticsMarket Segmentation
Based on Form, the 3D Printing Plastic Market is divided into Filament, Ink, and Powder. In 2023, the Filament segment held the largest market share, accounting for 65.9%, and is projected to grow at a compound annual growth rate (CAGR) of 14% during the forecast period. This growth is attributed to filaments being produced and marketed in diameters of 1.75mm and 3mm. The unique properties of these filaments are driving their demand across various applications, including food packaging, tableware, upholstery, and disposable garments, which are expected to further boost market growth throughout the forecast period.
3D Printing Plastics Market Key Players
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.
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Key questions answered in the 3D Printing Plastics Market are:
- What is 3D Printing Plastics ?
- What was the 3D Printing Plastics market size in 2023?
- What is the growth rate of the 3D Printing Plastics Market?
- Which are the factors expected to drive the 3D Printing Plastics market growth?
- What are the different segments of the 3D Printing Plastics Market?
- What growth strategies are the players considering to increase their presence in 3D Printing Plastics ?
- What are the upcoming industry applications and trends for the 3D Printing Plastics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the 3D Printing Plastics Market?
- Who are the leading companies and what are their portfolios in 3D Printing Plastics Market?
- What segments are covered in the 3D Printing Plastics Market?
- Who are the key players in the 3D Printing Plastics market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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