3D Printing Plastics Market was valued at US$ 985.4 Million in 2022. The Global 3D Printing Plastics Market size is estimated to grow at a CAGR of 24.8% over the forecast period.
3D Printing Plastics Market Overview:
The purpose of this research is to offer an overview of the 3D Printing Plastics industry as well as thorough market segmentation by segments and geographies. The study includes vital information on the market positions of the top 3D Printing Plastics organizations, as well as major industry trends and possibilities.
The study also focuses on the major industry players in the Global 3D Printing Plastics market, including information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information. This research looks into global, regional, and company market trends, volume, and value. This study examines the whole 3D Printing Plastics Market Size from a worldwide viewpoint, evaluating historical data and making projections.
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3D Printing Plastics Market Scope:
Following the completion of market engineering, which included calculations for market statistics, market size estimations, market projections, market breakdown, and data triangulation, extensive primary research was conducted to gather information and verify and validate key figures. Both top-down and bottom-up approaches, as well as numerous data triangulation methods, were widely used throughout the market engineering process to achieve market estimation and forecasts for the overall market segments and sub-segments offered in the 3D Printing Plastics market study. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all statistics gathered during the whole market engineering process.
Top-down and bottom-up approaches are used to validate the market size and estimate the market size by different segments. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are computed using weights assigned to each segment based on usage rate and average sale price. To determine the country-wise splits of the overall market and its sub-segments, the percentage adoption or usage of the given market Size in the relevant area or nation is employed.
3D Printing Plastics Market Segmentation:
According to Type, the photopolymers category held a dominant position in the market in 2022, contributing over 55.6 percent of global revenue. Water-soluble liquid mixtures of monomer, polymer base, and oligomers along with a photoinitiator are known as photopolymers. These polymeric forms are light-sensitive, meaning that exposure to light alters their chemical and physical characteristics. UV light initiates the process, which modifies the properties of photopolymers. They are extensively utilized in many printing technologies, including 3D printing, polyjet, and inkjet.
The polyamide/nylon market is expected to grow at the fastest rate during the forecast period. Because it melts at a higher temperature than other forms, nylon is a great option for a wide range of uses.
According to end-user, the medical end-use segment led the market in 2022, bringing in over 45.6% of total revenue. Additionally, it is anticipated that the COVID-19 pandemic will fuel demand for medical supplies like face shields, mask clips, and 3D printed masks and filter coverings, accelerating market expansion.
Because more aircraft are being manufactured for both commercial and defense applications, there will be a greater need for plastics in additive manufacturing. Growing military spending is anticipated to drive the aerospace sector’s expansion and increase demand for its products. Within the aviation industry, two of the most well-known aircraft fleets are the Airbus A350 and the Boeing Dreamliner.
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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3D Printing Plastics Market Key Players:
Acquisitions, partnerships, and collaborations were among the inorganic growth strategies mentioned in the industry. Industry participants in the 3D Printing Plastics market are expected to profit from strong future growth possibilities due to rising demand. The following are a few firms involved in the global 3D Printing Plastics industry.
1. 3D Systems, Inc.
2. Formise NV
3. Markforged, Inc.
4. EOS GmbH
5. Höganäs AB
6. Arkema
7. Royal DSM N.V.
8. ExOne
9. GE Additive
10.Evonik Industries AG
11.BASF SE
12.Covestro AG
13.Solvay
14.American Elements
15.Envisiontec Inc.
16.Stratasys Ltd.
17.SABIC
18.HP INC.
19.PolyOne Corporation
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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3D Printing Plastics Market Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, Africa, and South America, after examining the political, economic, social, and technological variables influencing the 3D Printing Plastics market in these regions.
COVID-19 Impact Analysis on 3D Printing Plastics Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the 3D Printing Plastics market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the 3D Printing Plastics Market Report are:
- What will be the 3D Printing Plastics market’s CAGR throughout the projected period?
- Which market category emerged as the market leader in the 3D Printing Plastics industry?
- Who are the key players in the 3D Printing Plastics market?
- How big will the 3D Printing Plastics market be in 2027?
- Which firm had the biggest market share in the 3D Printing Plastics industry?
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