#Polyamide Powder For 3D Printing Market Size
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akshayafma · 27 days ago
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Polyamide powder for 3D printing is a game-changer that has become very popular lately. It’s known for its strong properties and versatility, making it a top choice for various industries and hobbyists. One of the best things about polyamide powder is its impressive strength and durability, which makes it perfect for creating prototypes and final parts that can handle tough tests and real-world use.
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checmccc · 5 months ago
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3D Printing Plastics Market Size, Share, Trends, Industry Analysis, Report 2024-2032
The global 3D printing plastics market size was valued at USD 1.26 billion in 2022. The market is projected to grow from USD 1.55 billion in 2023 to USD 7.46 billion by 2030, exhibiting a CAGR of 25.1% during the forecast period.
3D printing technology is used to build three-dimensional objects by layering material in a digital design or model. The 3D printing plastics model is digitally divided into horizontal layers by using specialized software, creating sets of instructions for the 3D printer. The versatility of 3D printing plastics increases their use in various applications such as automotive, consumer products, and healthcare, driving the growth.
Fortune Business Insights™ mentioned this in a report titled, “3D Printing Plastics Market, 2024-2032.”
Competitive Landscape
Strong Regional Presence of Key Players to Propel Market Growth
The leading market players’ strong geographical presence, product offerings, and distribution channels boosts the market growth. The engagement of the key market players in research and development to provide enhanced features and produce superior quality to drive market expansion.
Key Industry Development
October 2023 – Evonik launched a new grade of 12 Polyamide powders to unbound 3D printing on the bio circular raw materials. The launch is the first Polyamide power material produced for industrial uses that replaces 100 percent of fossil feedstock with bio-circular material.
List of Key Players Present in the Report:
HP Development Company, L.P (U.S.)
Evonik Industries AG. (Germany)
Stratasys (U.S.)
3D Systems, Inc. (U.S.)
Arkema S.A. (France)
Henkel Corporation (Germany)
EOS GmbH Electro Optical Systems (Germany)
Solvay S.A.(Belgium)
Huntsman Corporation (U.S.)
SABIC (Saudi Arabia)
Segments
Polylactic Acid Segment to Lead Owing to its Unique Qualities
By type, the market is divided into Polylactic Acid, ABS, Polyamide, Polycarbonate, and others. The Polylactic Acid segment held the largest 3D printing plastics market share in 2022 and is also the fastest-growing segment in the market. The growth is attributed to the use of Polylactic Acid in different applications owing to its unique properties.
Growing Adoption and Utilization of 3D Printing Technologies to Aid Aerospace & Defense Segment Growth
Based on end-use industry, the market is segmented into automotive, aerospace & defense, healthcare, electronics & electrical, consumer goods, and others. The aerospace & defense segment held the largest market share. The growth is attributed to the growing adoption and utilization of 3D printing technologies, especially with different plastic types, owing to customization, precision, and weight-saving capabilities.
Report Coverage
The report offers:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into regional developments.
List of major industry players.
Key strategies adopted by the market players.
The latest industry developments include product launches, partnerships, mergers, and acquisitions.
Drivers & Restraints
Rising Technological Innovations in 3D Printing to Boost Market Growth
The increasing technological innovations in 3D printing, printer capabilities, and materials boost the 3D printing plastics market growth. The advancements in multi-material capabilities, speed, and precision are expanding the 3D printing applications with plastics.
However, meeting the safety and quality standards of the healthcare and aerospace industries and obtaining certifications for 3D-printed parts can be challenging and may impede market growth.
Source- https://www.fortunebusinessinsights.com/3d-printing-plastics-market-108834 
Regional Insights
Rising Demand for Commercial Aerospace Products to Drive Market Growth in North America
North America held the largest 3D printing plastics market share and accounted for USD 0.51 billion in 2022. The growth was attributed to the demand for commercial aerospace products, including passenger aircraft, in the region.
Asia Pacific accounted for a significant market share. The growth is attributed to the fast-growing manufacturing industries, including automotive and consumer goods in the region.
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marketingreportz · 6 months ago
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3D Printing Plastic Market,Industry Forecast, 2024–2030.
3D Printing Plastic Market size is forecast to reach $3,004.71 million by 2030, after growing at a CAGR of 17.1% during 2024–2030. Globally, the demand for 3D printing plastic is rising from various application sectors such as aerospace and defense, electrical and electronics, and healthcare, by reducing the efforts, time, and costs incurred in the project. The increasing demand for 3D printing plastic from various industries, such as aerospace, automotive, healthcare, and electronics, for applications such as prototyping, tooling, and functional parts. The cost-effectiveness, strength, durability, and versatility of 3D printing plastic compared to other materials. The development of new types and grades of 3D printing plastic, such as biodegradable, conductive, and flexible plastics. The increasing use of photopolymers and polyamide (nylon) materials in 3D printing owing to its alluring properties is estimated to drive the 3D printing plastics market growth. Furthermore, the development of innovative, stronger, lighter, and safer components and parts with lower lead times and costs is anticipated to create new opportunities for the growth of the global 3D printing plastic industry in the forecast period.
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Covid-19 Impact
The rise in positive COVID-19 cases worldwide generated a huge demand for the 3D printing plastics market from the healthcare sector. The market for medical components such as face shields, masks, ventilator vales, and others has seen an upsurge since the outbreak of COVID-19. Owing to the COVID-19 palindrome the increasing demand of medical components from across the globe, has also increased the demand for 3D printing adoption in various regions.
Market Snapshot :-
3D Printing Plastic Market Report Coverage
The: “3D Printing Plastic Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the 3D Printing Plastic Market. By Form: Filament, Ink, and Powder.
By Type: Polycarbonates, Photopolymers, Acrylonitrile Butadiene Styrene (ABS), Polyamide/Nylon, Polylactic Acid, Polyethylene Terephthalate (PET), Glycolized polyester (PETG), High Performance Polymers, and Others.
By Application: Prototyping, Automotive, Healthcare, Consumer Goods, Aerospace & Defence, Electrical & Electronics, and Others.
By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle east and Africa).
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Key Takeaways
The rising demand for laser sintering technology by engineers and manufacturers in various commercial sectors will increase the demand for polyamide (nylon), which is further expected to drive the 3D printing plastic industry growth.
Owing to the ability of the plastic being shaped easily, they are used in the initial stages of the onset of 3D printers. Very recently, NASA has been using space-based 3D printers with plastic as the key material for space-based objects.
Also, the rise of the automobile industry is set to hold the market for 3D printing plastics at its height in the years to come. Quick advances in diverse materials and technology are allowing the industry to gain momentum.
For more details on this report — Request for Sample
3D Printing Plastic Market Segment Analysis — By Form
Filament form is widely used in the 3D Printing Plastic Market. They are only manufactured and consumed in two diameters, namely 1.75 mm and 3 mm. By using the process of heating, extruding and cooling plastic, filament form is produced to turn nurdles into finished product. Thus, it is possible to dye these filaments in various colours. Also, due to their flexible properties there is an increase in demand from several application industries such as food packaging, tableware, upholstery, and disposable clothing.
3D Printing Plastic Market Segment Analysis — By Type
Polyamide/Nylon segment held the largest share in the 3D Printing Plastic Market in 2023. Nylon (known as polyamide) is a synthetic linear polyamide thermoplastic and is a well-known 3D printing filament owing to its stability, toughness, low friction and corrosion resistance. Nylon is also a common substance used in the manufacture of clothing and accessories. Due to its improved strength and elasticity over PLA and ABS, Nylon is ideal for manufacturing uses, such as machine parts or equipment, or the replacement of automotive parts. As compared to ABS and PLA Nylon is tougher and more resistant to chemicals, but its poor strength and hardness prohibits it from being commonly used in the manufacturing industry. With the increasing demand for nylon the market for 3D printing plastic is also estimated to rise in the forecast period.
3D Printing Plastic Market Segment Analysis — By Application
Prototyping segment held the largest share in the 3D Printing Plastic Market in 2023 and is projected to grow at a CAGR of 17.1% during the forecast period 2024–2030. Creating a concept can be a costly and slow process. Fortunately, certain methods are available to help you enhance the product creation process, helping to make high-quality prototypes at a cheaper cost. From office to the factory floor, 3D printers produce plastic concept models, precision and practical prototypes, master patterns and actual end-use components for refining every project, streamlining the workflows and getting creative products to the market quicker. Besides, 3D printing plastic is the best solution for designing the prototypes. By beginning to create the 3D printing project, one will have access to a wide variety of efficient 3D printing supplies, saving time and resources. Thus, rising usage of 3D printing plastic for prototyping applications is set to drive the market growth over the forecast period.
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3D Printing Plastic Market Segment Analysis — By Geography
North America held the largest share with 51% in 3D Printing Plastic Market in 2023 Due to the increasing demand for 3D printing plastics in medical devices and equipment, and the increasing adoption of 3D printing technology in U.S., Canada, Mexico and various other countries in the region is set to drive the market growth in the upcoming future. According to the U.S. Department of Health and Human Services, the Fiscal Year (FY) 2023 budget represents the responsibilities of the U.S. government to advance a patient-centered healthcare system. The budget proposes a discretionary budget authority of $96.1 billion and mandatory support for Health and Human Services of $1.86 trillion.Thus, the rising investments by the government in the healthcare sector are estimated to boost the 3D Printing Plastic Market growth in the forecast period.
3D Printing Plastic Market Drivers
Rising Demand for 3D Printing Plastic from the Healthcare Industry
Rising usage of 3D printing plastic in the healthcare sector is driving the market growth. Key factors driving demand in the medical industry for 3D printing plastics include cost-effectiveness, ease of customization, as well as the rising occurrence of vascular and osteoarthritis diseases. Polyamide or nylon is often used for injection molding in medical device owing to its inflexible nature, strength, chemical compatibility, and temperature resilience. Increasing use of photopolymers for high-resolution, ultra-fine parts in medical devices will also drive the market growth. Moreover, the market demand in medical applications is expected to be fueled by advanced 3D technology, favorable government funding, and rapid product growth. According to the India Brand Equity Foundation, the government of India aims to increase the healthcare spending to 3% of the GDP by 2022, which means the healthcare sector will rise three-fold to Rs. 8.6 trillion (US$ 133.44 billion). Hence, the growing demand for 3D printing plastic from the healthcare sector will raise the growth for 3D Printing Plastic Market in the forecast period.
Increasing Demand for Biodegradable Materials for 3D printing
The growing need for the “green” alternative to traditional polymers has propelled the demand for polylactic acid in the 3D printing plastic industry. Since, polylactic acid is very inexpensive, easy to print, and produces components that can be used for a wide variety of applications, it is the ideal first material to be used in 3D printing. It is also one of the most environmental friendly products made from crops such as corn and cane that are used today. This material is thermoplastic aliphatic polyester and is the predominant natural raw material that consists of recycled raw materials used in 3D printing plastics. For most extrusion-based 3D printing, polylactic acid is also the default filament of choice, since it can be printed at low temperatures and does not require a heated bed. Thus, with the rising demand for biodegradable materials the growth for 3D printing plastics market is estimated to rise in the forecast period.
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3D Printing Plastic Market Challenges
Environmental Issues Regarding 3D Printing Plastic Materials will Hamper the Market Growth
Over the last few years, one environmental issue has gradually stolen the spotlight that is plastic pollution. The reliance on plastics-especially single-use plastics-is now one of the world’s leading environmental concerns. 3D printing uses the flexible, durable design of plastics in a wide variety of applications, from aerospace to healthcare. Polyethylene terephthalate (PET) is one of the most common filaments used in plastics such as bottles of disposable beverages and food packaging. Other filaments include polycarbonate and ABS: both are relatively inexpensive, flexible and easy to manufacture. Unfortunately, these materials are not commonly recyclable and so any waste generated in the printing process would find its way to the landfill or to the natural environment. Thus, rising environmental concerns due to the use of various 3D printing plastics is estimated to hinder the 3D printing plastics market growth.
3D Printing Plastic Market Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3D Printing Plastic Market. Major players in the 3D Printing Plastic Market are:
3D Systems Corporation
Arkema SA
Stratasys, Ltd.
Evonik Industries AG
HP Inc.
SABIC
DowDuPont Inc.
EOS GmbH Electro Optical Systems
Solvay
Royal DSM N.V., among others.
Acquisitions/Technology Launches
In March 2023, BASF SE acquired Sculpteo, a French online 3D printing service provider, to expand its 3D printing solutions portfolio and customer base.
In February 2023, Arkema acquired Lambson, a UK-based company that specializes in photo initiators for 3D printing, to strengthen its position in the 3D printing market and offer innovative solutions for UV-curable resins.
In January 2023, Stratasys Ltd. acquired Origin, a US-based company that develops 3D printers and materials for mass production, to enhance its capabilities in the fast-growing segment of end-use parts.
In December 2022, Evonik Industries AG acquired 3D Printing Materials, a US-based company that produces high-performance thermoplastics for 3D printing, to broaden its product portfolio and customer base in the additive manufacturing market.
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jayanthitbrc · 2 years ago
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Unveiling the Future: Exploring the Lucrative Insights of Global 3D Printing Plastics Market (2023 to 2032) || 3D Systems Corporation, Stratasys Ltd., Arkema SA
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The Business Research Company’s 3D Printing Plastics Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The 3D Printing Plastics Global Market Report 2023 evaluates 3D printing plastics market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Free Sample Of The Report (Includes Graphs And Tables):
The global 3d printing plastics market size grew from $1.14 billion in 2022 to $1.41 billion in 2023 at a compound annual growth rate (CAGR) of 23.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The 3d printing plastics market size is expected to grow to $3.25 billion in 2027 at a CAGR of 23.2%.
The 3D printing plastics market segments in the report are:
1) By Type: Photopolymers, ABS, PLA, Polyamide, Other Types
2) By Form: Powder, Filament, Ink 3) By Application: Prototyping, Manufacturing
4) By End-Use Industry: Aerospace and Defense, Healthcare, Automotive, Electronics and Consumer Goods, Other End-users
Get More Information On The 3D Printing Plastics Market Report:
The table of contents in TBRC’s 3D printing plastics market report includes:
1. Executive Summary
2. 3D Printing Plastics Market Characteristics
3. 3D Printing Plastics Market Trends And Strategies
4. Impact Of COVID-19
5. 3D Printing Plastics Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
Learn About Us:  The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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qocsuing · 2 years ago
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The Rise of Selective Laser Sintering (SLS) 3D Printers in China
The Rise of Selective Laser Sintering (SLS) 3D Printers in China
The world of 3D printing has seen a significant transformation over the past few decades. One technology that has gained considerable attention is Selective Laser Sintering (SLS). This technology, invented by Carl Deckard in 19881, uses a laser to trace and solidify layers of powder polymers to create a finished part1. Initially, SLS 3D printers were industrial machines costing tens of thousands of dollars1. However, with recent patents expiring and a renewed interest in 3D printing, several more affordable SLS 3D printers have been developed.Get more news about china sls 3d printer,you can vist our website!
China, known for its technological advancements and manufacturing prowess, has emerged as a significant player in the SLS 3D printer market. Chinese manufacturers have been producing high-quality SLS 3D printers that are gaining recognition worldwide.
One such manufacturer is Xiamen Sinuowei Automated Science and Technology Co., Ltd. They offer a range of industrial printers with double nozzle numbers and metal printer materials. These printers are large-sized and are priced between US$30,000 to US$150,000. They cater to various sectors including dental, research and development, and non-standard machine manufacturing.
Another notable player in the Chinese market is the Polish manufacturer Sinterit. Their product, the Sinterit Lisa, is an affordable desktop SLS printer priced at around €9,995. It offers a printing volume of 150 x 200 x 150 mm, making it suitable for most single-part projects. Despite being a desktop printer, it weighs 41kg, making it less portable1. The Sinterit Lisa is compatible with PA12 Nylon and Flexa black materials and offers a layer thickness of between 0.075-0.175mm.
SLS printers have a more restricted material range than technologies like Fused Deposition Modeling (FDM), mostly restricted to Nylon Polyamide powders1. Some are restricted to just black PA12, whereas some can also print powders including PA11 and PA61. Increasingly, powder mixes are compatible with industrial and desktop SLS 3D printers. These include glass mixes, carbon fiber mixes, and even food-grade powders for niche applications1.
The rise of SLS 3D printers in China is not just limited to manufacturing. Companies like Protofab offer industrial 3D printer rental services3, catering to businesses that need high-quality printing but cannot afford to purchase their own machines. These rental services offer fast printing speed, high printing accuracy, high surface finish, and high printing success rate.
In conclusion, the growth of SLS 3D printers in China is a testament to the country’s technological advancements and its ability to adapt to global trends. With manufacturers producing high-quality machines at competitive prices and companies offering rental services for businesses of all sizes, China is poised to become a global leader in the SLS 3D printer market.
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sorav93 · 3 years ago
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Polyamide Powder For 3D Printing Market (2022 to 2028) - Growth, Trends, COVID-19 Impact and Forecasts
Polyamide Powder For 3D Printing Market (2022 to 2028) – Growth, Trends, COVID-19 Impact and Forecasts
Polyamide Powder For 3D Printing Market Overview The Polyamide Powder For 3D Printing Market report is latest report published by Fusion Market Research which provides comprehensive information, overview of the demands and describe Impact of Covid-19 on the market during the forecast period 2022–2028. At the beginning of a recently published report on the global Polyamide Powder For 3D…
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marketresearch-articles · 2 years ago
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3D Printing Plastic Market Share by 2029: Upcoming Trends and Analysis
3D Printing Plastic Market is grow at a CAGR 27.70% in the forecast 2022 to 2029.
3D Printing Plastic Market scope and Size
3D printing plastic market is segmented of the basis of type, form, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
 ·       On the basis of type, the 3D printing plastic market is segmented into polycarbonates, photopolymers, acrylonitrile butadiene styrene (ABS), polyamide/nylon, polylactic acid, polyethylene terephthalate (PET), glycolized polyester (PETG), high performance polymers, and others
·       Based on form, the 3D printing plastic market is segmented into filament, liquid/ink and powder.
·       The application segment of the 3D printing plastic market is segmented into prototyping and manufacturing.
·       The end-user segment of the 3D printing plastic market is divided into healthcare, aerospace and defense, automotive, electrical and electronics and other.
Get the sample copy of Report here https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-3d-printing-plastics-market
Global 3D Printing Plastic Market Country Level Analysis
3D printing plastic market is segmented of the basis of type, form, application and end-user.
 The countries covered in the global 3D printing plastic market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and 3D Printing Plastic Market Share Analysis
The global 3D printing plastic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to 3D printing plastic market. MAJOR TOC OF THE REPORT
Chapter One: 3D Printing Plastic Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three : 3D Printing Plastic Market Competition, by Players
Chapter Four: Global 3D Printing Plastic Market Size by Regions
Chapter Five: North 3D Printing Plastic Market by Countries
Chapter Six: Europe 3D Printing Plastic Market Revenue by Countries
Chapter Seven: Asia- 3D Printing Plastic Market Revenue by Countries
Chapter Eight: South America 3D Printing Plastic Market Revenue by Countries
Chapter Nine: Middle East and 3D Printing Plastic Market Revenue Equipment by Countries
Chapter Ten: Global 3D Printing Plastic Market Segment by Type
Chapter Eleven: Global 3D Printing Plastic Market Segment by Application
Get TOC Details:   https://www.databridgemarketresearch.com/toc/?dbmr=global-3d-printing-plastics-market
major players operating in the global 3D printing plastic market report are 3D Systems, Inc, Arkema, Stratasys Ltd, EOS GmbH, CRP TECHNOLOGY S.r.l., Oxford Performance Materials, Materialise, BASF SE, Evonik Industries AG, Clariant, HP Development Company, L.P., DuPont de Nemours, Inc., VEXMA TECHNOLOGIES PVT LTD, PolyOne Corporation, 3Dnatives, Protofab, Jariwala Robotics Private Limited Eaton, Oizom Instruments Pvt. Ltd., Air-Met Scientific Pty Ltd., Ecotech, and Breeze Technologies among other.
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themarketinsights · 2 years ago
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3D Printing Plastics Market Will Hit Big Revenues In Future | Stratasys, Arkema, 3D Systems, DowDuPont
The latest study released on the Global 3D Printing Plastics Market by AMA Research evaluates market size, trend, and forecast to 2027. The 3D Printing Plastics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include: 3D Systems Corporation (United States), Stratasys, Ltd. (United States), Arkema SA (France), BASF SE (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), HP Inc. (United States), DowDuPont Inc. (United States), Royal DSM N.V. (Netherlands), EOS GmbH Electro Optical Systems (Germany)
Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/58682-global-3d-printing-plastics-market#utm_source=OpenPRVinay
Definition: 3D Printing plastics is a technique or process in which a plastic or material is joined or coagulated by the help of computer control in order to create a three-dimensional object. 3D printing is used in both fast prototyping and additive manufacturing (AM). The objects formed by 3D printing can be of any shape or geometry and mostly are generated by using digital model data from a 3D model or another electronic data source such as an Additive Manufacturing File (AMF) file (usually in sequential layers). Increasing demand for 3D printing in various fields such as aerospace, automation, and electronics, etc. are driving the growth of the market.
Market Opportunities: • Surge in Demand for 3D Printing from Healthcare Firms Due to Covid19 • 3D Printing Creates Demand as it Allows-Demand Manufacturing, Customization and Rapid Changes to Address the Needs From Clients
Market Trend: • Rapid Developments in High performance of Thermoplastics • 3D Printing of Materials and Devices Based on Graphene
Market Drivers: • Increasing Demand For 3D Printing in Various Fields Such as Aerospace, Automation, and Electronics • 3D Printing Improves Production by Lowering the Project's Time and Labour
The Global 3D Printing Plastics Market segments and Market Data Break Down are illuminated below: by Type (Photopolymer, ABS, Polyamide, Pla, Others), Application (Prototyping, Manufacturing), End-Users (Healthcare, Aerospace & defense, Automotive, Electrical & electronics), Form Type (Filament, Liquid/Ink, Powder)
Global 3D Printing Plastics market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report • -To carefully analyze and forecast the size of the 3D Printing Plastics market by value and volume. • -To estimate the market shares of major segments of the 3D Printing Plastics • -To showcase the development of the 3D Printing Plastics market in different parts of the world. • -To analyze and study micro-markets in terms of their contributions to the 3D Printing Plastics market, their prospects, and individual growth trends. • -To offer precise and useful details about factors affecting the growth of the 3D Printing Plastics • -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the 3D Printing Plastics market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents: 3D Printing Plastics Market Study Coverage: • It includes major manufacturers, emerging player's growth story, and major business segments of 3D Printing Plastics market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology. • 3D Printing Plastics Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. • 3D Printing Plastics Market Production by Region 3D Printing Plastics Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors. • Key Points Covered in 3D Printing Plastics Market Report: • 3D Printing Plastics Overview, Definition and Classification Market drivers and barriers • 3D Printing Plastics Market Competition by Manufacturers • Impact Analysis of COVID-19 on 3D Printing Plastics Market • 3D Printing Plastics Capacity, Production, Revenue (Value) by Region (2021-2027) • 3D Printing Plastics Supply (Production), Consumption, Export, Import by Region (2021-2027) • 3D Printing Plastics Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,} • 3D Printing Plastics Manufacturers Profiles/Analysis 3D Printing Plastics Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing • Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered • How feasible is 3D Printing Plastics market for long-term investment? • What are influencing factors driving the demand for 3D Printing Plastics near future? • What is the impact analysis of various factors in the Global 3D Printing Plastics market growth? • What are the recent trends in the regional market and how successful they are?
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manideep8 · 3 years ago
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3D Printing Materials Market - Forecast (2022-2027)
3D Printing Materials Market Overview
The 3D Printing Material Market size is estimated to reach US$8.6 billion by 2027 after growing at a CAGR of around 22.5% from 2022 to 2027. Three-dimensional (3D) printing is a type of additive manufacturing that converts a digital design into a physical object. The method involves spreading down thin layers of material, such as liquid or powdered plastic, metal, cement, polyamide, polycarbonate, carbon fiber, nitinol, or acrylonitrile butadiene styrene, and then fusing them. Due to extensive research and development in 3D printing, as well as increased demand for prototype applications from numerous industrial verticals, such as healthcare, automotive, aerospace, and military, the market is expected to grow. The global impact of the COVID-19 epidemic on the 3D printing materials market has been unfavorable. Due to the significant demand for medical equipment and gadgets for COVID-19 therapy, healthcare was the least affected sector. With the widespread use in the production of face shields, the demand for biodegradable thermoplastic polymer/polylactic acid (PLA) materials has skyrocketed.
Report Coverage
The report: “3D Printing Material Market Report– Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments of the industrial enzymes industry.
By Type:  Plastic (Acrylonitrile Butadiene Styrene, Nylon, Polylactic Acid, High Impact Polystyrene, Polyvinyl Alcohol, Polyethylene Terephthalate, and Others), Metal (Steel, Aluminium, nickel & Alloys, Cobalt & Alloys and Others), Ceramic and Others.
By Form: Powder, Filament, and Liquid.
By Technology: Stereolithography, Fuse Deposition Modelling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Electron Beam Melting (EBM), Multi Jet Fusion (MJF), and Others.
By Application: Spare Parts, Dental Products, Prosthetics, Jewellery, Glasses and Eyewear, Tooling Model Making, Functional Prototypes, and Others.
By End-use Industry: Automotive (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), Aerospace & Défense (Commercial Aviation, Military Aviation, Medical and Healthcare, Consumer Goods), Building & Construction (Residential, Commercial, Industrial), and Others.
By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa), and Rest of the World [Middle East (Saudi Arabia, UAE, Israel, and Rest of the Middle East), and Africa (South Africa, Nigeria, and Rest of Africa)]
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marketinsightshare · 3 years ago
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3D Printing Materials Market - Forecast(2022 - 2027)
The 3D Printing Material market size is estimated to reach US$8.6 billion by 2027 after growing at a CAGR of around 22.5% from 2022 to 2027. Three-dimensional (3D) printing is a type of additive manufacturing that converts a digital design into a physical object. The method involves spreading down thin layers of material, such as liquid or powdered plastic, metal, cement, polyamide, polycarbonate, carbon fiber, nitinol, or acrylonitrile butadiene styrene, and then fusing them. Due to extensive research and development in 3D printing, as well as increased demand for prototype applications from numerous industrial verticals, such as healthcare, automotive, aerospace, and military, the market is expected to grow. The global impact of the COVID-19 epidemic on the 3D printing materials market has been unfavorable. Due to the significant demand for medical equipment and gadgets for COVID-19 therapy, healthcare was the least affected sector. With the widespread use in the production of face shields, the demand for biodegradable thermoplastic polymer/polylactic acid (PLA) materials has skyrocketed.
Report Coverage
The report: “3D Printing Material Market Report– Forecast (2022-2027)” by IndustryARC covers an in-depth analysis of the following segments of the industrial enzymes industry.
By Type
– Plastic (Acrylonitrile Butadiene Styrene, Nylon, Polylactic Acid, High Impact Polystyrene, Polyvinyl Alcohol, Polyethylene Terephthalate, and Others), Metal (Steel, Aluminium, nickel & Alloys, Cobalt & Alloys and Others), Ceramic and Others.
By Form
- Powder, Filament, and Liquid.
By Technology
– Stereolithography, Fuse Deposition Modelling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), Electron Beam Melting (EBM), Multi Jet Fusion (MJF), and Others.
By Application
– Spare Parts, Dental Products, Prosthetics, Jewellery, Glasses and Eyewear, Tooling Model Making, Functional Prototypes, and Others.
By End-use Industry
– Automotive (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), Aerospace & Défense (Commercial Aviation, Military Aviation, Medical and Healthcare, Consumer Goods), Building & Construction (Residential, Commercial, Industrial), and Others.
By Geography
- North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa), and Rest of the World [Middle East (Saudi Arabia, UAE, Israel, and Rest of the Middle East), and Africa (South Africa, Nigeria, and Rest of Africa)]
Key Takeaways
Asia-Pacific dominates the 3D printing materials market, owing to the increasing automotive industry in the region. The automotive industries in APAC are being fueled by rising per capita income and increasing urbanization, as well as a growing population.
Including 3D printing in the design process has several benefits, including the ability to produce high-detail, smooth, and scale models for aircraft designs. Thus, aircraft manufacturers are extensively incorporating 3D printing materials in the aerospace industry, thereby propelling the market growth.
The usage of 3D printing materials in manufacturing applications is growing rapidly around the world. Several end-use industries, such as automotive, healthcare, aerospace, and defense, have already embraced 3D printing for large component manufacturing.
3D printing is being used to make car components, mobile cases, wing mirrors, toys, and a variety of other things. End-use industries are moving toward 3D printing for bulk manufacturing because it lowers manufacturing costs, shortens lead times, and produces complex structural things.
3D printing is a more convenient way to make products, but it is costly due to high material costs, which is a major market constraint. The greater expenses are due to the higher purity and composition criteria required for 3D printing.
Figure: Asia-Pacific 3D Printing Materials Market Revenue, 2021-2027 (US$ Billion)
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3D Printing Materials Market Segment Analysis – By Type
The plastic segment held the largest share in the 3D printing materials market and is expected to grow with a CAGR of over 21.8% during the forecast period. Plastic is the most widely used raw material for 3D printing as it is one of the most versatile materials for 3D-printed toys and household fittings. Plastic filaments come in translucent and bright colors, with red and lime green being particularly popular. They're marketed on spools and have a matte or shiny feel. Plastic's attraction is easy to understand, given its firmness, flexibility, smoothness, and wide range of color options. Plastic is a comparatively cost-effective material for both makers and consumers. The expansion of the plastic segment in the market will be driven by increased demand for 3D printing technology along with a rising need for high-performance materials from industries such as automotive, aerospace, and healthcare. Furthermore, low-cost development and production of complex designs, as well as less weight and no material costs, will raise plastic demand in the global market.
3D Printing Materials Market Segment Analysis - By End-use Industry
The Automotive industry segment held a significant share in the 3D printing materials market and is expected to grow with a CAGR of over 23.2% during the forecast period. In the automotive sector, 3D printing materials are frequently utilized to create scaled models for testing. Bellows, front bumpers, air conditioner ducting, suspension wishbones, dashboard interfaces, alternator mounting brackets, battery covers, and other components are also made from them. For quick prototyping, automotive OEMs are turning to 3D printing materials. The automotive industry is flourishing at a rapid pace, globally, for instance, according to the International Organization of Motor Vehicle Manufacturers (OICA), automobile output increased by 10% in the first nine months of 2021, to 57.26 million vehicles, up from 52.15 million units in the same period last year. Therefore, the automotive industry's demand for 3D printing materials is predicted to increase in the future.
3D Printing Materials Market Segment Analysis - By Geography
Asia-Pacific region held a significant share in the 3D printing materials market and is expected to grow with a CAGR of around 24.6% during the forecast period. The increased interest of APAC manufacturing enterprises in 3D printing technology, as well as several government-led plans and legislation, have contributed to the region's rapid growth. China is one of the most rapid-growing marketplaces for new technology and materials. According to the Organisation Internationale des Constructeurs d'Automobiles (OICA), automotive production and Vietnam grew by 1.2 percent and 5.5 percent from the previous year to 5,71,632 and 2,50,000 units, respectively, in 2019. According to Invest India, In FY21, India exported 4.1 million vehicles. From April 2021 to June 2021, Indian automobile exports totaled 1,419,430 units, compared to 436,500 units from April 2020 to June 2020. According to the National Bureau of Statistics of China, China accounts for 70% of the global desktop 3D printer market. Thus, with increasing, application and demand in the End-use industry, the 3D printing materials market will grow rapidly during the forecast period.
3D Printing Materials Market Drivers
Increasing Demand from Aerospace Sectors
The aerospace sector was one of the first to embrace 3D printing technology. The method is particularly beneficial for manufacturing complex pieces. It gives designers the advantage of producing the best parts at a lower cost. Many airplane parts, including wings, jigs, and engine parts, are made using 3D printing materials, such as metals. Titanium materials are commonly utilized as 3D printing materials in the aerospace sector because they have great mechanical qualities and can be manufactured with high dimensional accuracy. The automotive sector is being transformed by 3D printing technology. Technology has aided the industry in producing more complicated and lighter structures at lower costs. 3D-printed parts are used in several Formula 1, supercars, and concept cars. According to the International Trade Administration, the commercial space industry in the United Kingdom is rapidly expanding, with a turnover of more than $22.8 billion in 2020, and the country aims to capture 10% of the global space market by 2030. According to the Indian Brand Equity Foundation, The Indian aerospace and defense (A&D) sector is expected to grow to US$ 70 billion by 2030, Domestic air travel demand increased by 33% to 52 lakh passengers in October 2020, compared to September, due to rising demand for upgraded infrastructure and government initiatives. Thus, significant growth in the aerospace industry is fuelling the growth of the 3D printing materials market.
Growing Demand for 3D Printing Materials in Healthcare
In terms of volume, the healthcare industry is the 3D printing materials market's fastest-growing segment. 3D printing technology is used to make various medical products, including surgical equipment, prostheses and implants, and tissue engineering devices. Furthermore, 3D printing materials are beneficial in orthopedic, dental, craniomaxillofacial, and other medical fields. Additive manufacturing is quite helpful to create patient-specific products that fit the patient's anatomy. One of the most potential industries for additive manufacturing in healthcare, and the COVID-19 pandemic scenario is no exception. Face shields, N95 masks, and other protective gear are being manufactured to help doctors, medical professionals, and individuals combat the new coronavirus. Stratasys Inc. and 3D Systems Corporation, and a few startups are among the major manufacturers. According to the Center for medical care and medical services, Healthcare spending by the US government increased 36.0 percent in 2020, compared to 5.9 percent in 2019. Such government initiatives are set to increase the demand for 3D printing materials in the healthcare sector.
3D Printing Materials Market Challenges
Reducing Lead Time
Reducing the lead time associated with these materials, particularly metals, is one of the main issues 3D printing material manufacturers face. A decrease in lead time would imply a reduction in inventory and a decline in costs. The ultimate things made from metal take a long time to complete. Manufacturers must build on existing materials and technology that appeal to the 3D printing sector to solve this problem. The industry's lengthy lead time is preventing most businesses from moving to additive manufacturing from their traditional manufacturing process, which is slowing 3D printing adoption in major end-use industries, including aerospace and defense, automotive, and electrical and electronics.
3D Printing Materials Industry Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3D printing materials market. 3D printing materials market top 10 companies include:
3D Systems, Inc.
Arcam AB
CRP TECHNOLOGY S.r.l.
ENVISIONTEC, INC.
EOS GmbH-Electro Optical Systems
ExOne GmbH
LPW Technology Ltd
Royal DSM N.V.
Stratasys Ltd.
The Arkema Group
Recent Developments
In November 2021, iAMfootwear Consortium consisting of Framas, Dyemansion, EOS, Siemens, Twikit, and Arkema is bringing to life a shoe with a customized high-performance 3D printed midsole made from Pebax® elastomers using the DigitalFoam™ concept.
In June 2021, Covestro AG and Nexeo Plastics have announced the creation of a new PC/ABS filament for 3D printing called Addigy FPB 2684 3D. Nexeo Plastics' distribution platform is where the company offers this product.
In May 2021, Covestro AG launched Arnite AM2001 GF (G) rPET, a glass-fiber filled recycled polyethylene terephthalate (rPET) for 3D pellet printing generated from post-consumer PET waste.
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akshayafma · 27 days ago
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Polyamide powder for 3D printing is a game-changer that has become very popular lately. It’s known for its strong properties and versatility, making it a top choice for various industries and hobbyists. One of the best things about polyamide powder is its impressive strength and durability, which makes it perfect for creating prototypes and final parts that can handle tough tests and real-world use.
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marketwire · 3 years ago
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3d- Printing Polymers Market Size Forecast to Reach $10.5 Billion by 2026
3D Printing Polymers Market size is forecast to reach $10.5 billion by 2026, after growing at a CAGR of 5.3% during 2021-2026. 3D-Printing Polymers take over the 3D printing also known as additive manufacturing (AM) hardware arena. Thermoplastics that are dominating the 3D-Printing market include Acrylonitrile butadiene styrene (ABS), Polyethylene terephthalate (PET), Polyamide, Polyvinyl alcohol plastic (PVA) water-soluble material, polylactic acid (PLA) and Photopolymer. The evolution of 3D printing has seen rapid growth in the number of companies adopting the technology. The applications and use cases vary across industries, but broadly include tooling aids, rapid prototyping which is obtained mostly by fused deposition modeling, photopolymerization powder bed fusion, and material extrusion manufacturing process. The growing success of Additive Manufacturing is due to its advantages over conventional manufacturing. The 3D printing polymers market in the Asia Pacific region is expected to register the maximum CAGR between 2018 and 2023. North America and Europe are projected to continue the major markets for 3D printing polymers, due to the convincing existence of the aerospace & defense, and healthcare industries, which are the major end-users of 3D printing plastics.  The market for 3D printing polymers is growing rapidly and demand is increasing, with more companies buying Additive Manufacturing hardware and grading their usage.
COVID-19 Impact
The COVID-19 pandemic has negatively influenced the 3D printing materials requirement across numerous end-use industries such as aerospace & defense, automotive, and other industries. These industries are harshly affected by COVID-19. The interference in the supply chain has led to delays or non-arrival of raw materials, interrupted financial flows, and increasing nonappearance amongst construction line workers, which have compelled aircraft and automobile manufacturers to operate at zero or partial capacities. The impact of the pandemic in these certain industries have hindered the growth of 3D-printing polymers market.
3D-Printing Polymers Market Segment Analysis - By Form
Solid Based or Filament dominates the 3D-Printing polymers Market with a share of 36% in 2020. Filaments created from materials such as polymers are expended in Fused Deposition Modeling (FDM) technology, which has low cost in comparison to other forms of 3D printing materials. These filaments are favorable in the manufacturing of objects with complicated structures. Hence, escalating demand for mass customization from industries such as aerospace and defense is a major influencing factor for the growth of the 3D printing filament market. In addition, high demand for thermoplastic filaments in the production of medical devices and components due to the outbreak of COVID-19 is expected to gear up the development of 3D printing filament in the medical & dental segment. For instance, Royal DSM, a known market player, to help accelerate Dutch Covid-19 testing by making 2.8 million nose swabs. The design was developed with DSM’s 3D-printing expertise and scaled-up by injection molding to produce millions of swabs for test kits in the Netherlands. This initiative will escalate the exposure of 3D-printing polymers industry amidst Covid-19 pandemic.
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3D-Printing Polymers Market Segment Analysis - By Material
Acrylonitrile butadiene styrene (ABS) dominates the 3D-Printing polymers Market growing at a CAGR of 6.2% during 2020-2026. ABS filament is the most commonly used 3D printing polymers, an impact-resistant engineering thermoplastic & amorphous polymer. ABS is composed of over 50% styrene and varying amounts of butadiene and acrylonitrile. Several properties like high impact strength, heat performance, and others make ABS suitable for use in automotive, electronics, building & construction industries, and many more. It is mostly used in the bodywork of cars, appliances, and mobile phone cases. It is a thermoplastic that contains a base of elastomers based on polybutadiene, making it more flexible, and resistant to shocks. Expanding outlet for ABS is the electronics industry where it is used in business machines, computers, radios, televisions , and telephone handsets. And in the automobile sector where it is used in instrument panels, consoles, radiator grills, headlight housings and interior trim parts with growing use in recreational vehicles is rapidly increasing the growth of the 3D-printing polymer market.
3D-Printing Polymers Market Segment Analysis - By Production Process
Fused Deposition Modeling (FDM), as known as fused filament fabrication (FFF), dominates the 3D-Printing polymers Market growing with a share of 30%. FDM is one of the most popular 3D printing methods for industrial uses. It prints 3D objects by using a heated filament to manually build up layers of material and is a popular choice for prototyping projects, as functional parts can be created from the same materials that will be used for the final production versions. The thermoplastics used in FDM are highly versatile and durable, allowing for a high level of accuracy and stability. It is also used for low-volume production applications. The high usability and grown practicality of 3D printing of complex shapes have boosted the demand for the technology, as the largest revenues from shipments came from this category of machines in 2020, reaching almost $150 million.
3D-Printing Polymers Market Segment Analysis - By Application
Modeling and Prototyping held the largest share of 32% in the 3D-Printing Polymers Market in 2020. 3D Systems’ digital prototyping solutions have made transforming a design into a physical object even faster and more affordable. 3D Systems’ digital prototyping solutions offer a streamlined workflow to advance and accelerate your projects. 3D printing technology greatly reduces the lead times required in traditional manufacturing, allowing a prototype to be fabricated in hours, not weeks, and at a fraction of the cost. The automotive and aerospace industries are just two industries involved in manufacturing taking advantage of advances in 3D printing technologies. 3D printing allows inexpensive production of a product in much smaller volumes. In this same vein, advances in rapid prototyping (RP) technology have also given rise to the development of materials and processes that are suitable for the manufacture of the final version of a product, not just its prototype. The advanced technology gears up the 3D-printing polymers demands and the likely to escalate the growth of the sector.
3D-Printing Polymers Market Segment Analysis - By End-Use Industry
Automotive  Industry dominates the 3D-Printing polymers Market growing at a CAGR of 5.8% during 2020-2026. The automotive industry with a production of 77.6 million in 2020 according to Organisation Internationale des Constructeurs d'Automobile (OICA). The growing usage of 3D printing and the shift towards advanced technology in the automobile is driving the 3D printing market. Whether it’s a commercial vehicle, truck, or racing car, the technology bids automotive engineers the tools to examine the limits of design and performance. BMW, for instance, discovers itself amid the industry’s frontrunners when it comes to 3D printing with over 1 million parts 3D-printed in the last decade. Similarly, there are numerous automotive companies that are initiation to find innovative end-use applications for 3D printing, marking a thrilling development for the sector. On the other hand, the aerospace and defense (A&D) industry are one of the primary adopters of 3D printing. A&D represents a 16.8% share of the $10.4 billion 3D printing market and heavily contributes to ongoing research efforts within the industry. Aerospace companies have long been integrating additive manufacturing (AM) technology when planning their production strategies for the future. Additional to that high demand of 3D-printing polymers for aircraft interior components and components for defense systems for its weight reduction and low volume properties are likely to influence the growth of the sector.
3D-Printing Polymers Market Segment Analysis - Geography
Asia Pacific region held the largest share in the 3D-Printing Polymers Market in 2020 up to 35% followed by North America and Europe. The rising attention from APAC manufacturing companies and the introduction of many government-led strategies and policies have helped out numerous countries within the region to prosper in generating a sustainable additive manufacturing (AM) ecosystem. The Asia-Pacific market is evaluated created on its outreach in the countries such as China, Japan, India, Singapore, Australia, South Korea, and Rest of Asia Pacific. Japan and China in total majorly constitute a force following the explosion of 3D printing in The Asia Pacific owing to Chinese government support in terms of 3D printing strategies and fiscal support. Moreover, according to Ministry of Electronics and Information Technology (MeitY) aims to develop a domestic AM industry with an annual average growth rate of 30% or above to exceed US$ 3 Billion by 2020. The plan prioritizes a goal to carry out 100 pilot projects across 10 key industries and formalize standardization of these technologies. Also, the arrival of several players in 3D printing and technological advancements and research in Japan has further added both these countries to grow into the leading ones in 3D printing polymer domain. As per International Development Corporation (IDC), Asia Pacific’s AM spending is estimated at US$ 3.8 billion for 2019, after the United States and Western Europe which account for nearly two-thirds of the overall market (US$ 8.6 billion). Among Asian countries, China holds 50% of the market, whereas Japan, South Korea and ASEAN hold 30%, 10-12%, and 5-7%, followed by India and Australia at 3-5% each.
3D-Printing Polymers Market Drivers
3D-printing polymers in Space Tools
3D-printing polymers are expended in Aerospace for Engine, Turbine Parts and as well as parts for cabin interiors. Acrylonitrile butadiene-styrene (ABS) is utilized in fabrication of a wide variety of objects layer by layer using fused deposition modeling, which is very attractive as a potential hybrid rocket fuel and the ability to dramatically reduce the time it takes to get parts to orbit and increase the reliability and safety of space missions, while dropping costs. In the rapidly growing market of commercial space applications, the ability to manufacture prototypes and small series productions play a decisive role. For instance, supported by Electro Optical Systems (EOS) GmbH and Additive Manufacturing Customized Machines (AMCM), known market player, the US start-up company LAUNCHER is working on launching small to medium-sized payloads into space more efficiently than ever before. The results include novel and innovative rocket designs and the world’s largest rocket engine to ever be manufactured additively in a single piece. By the help of 3D-printing LAUNCHER successfully constructed, tested, and further developed this new design quickly and cost-efficiently.
3D-printing in the Medical and Dental Industry
The medical and Dental Industry is one of the fastest-growing adopters of 3D printing. From medical devices to prosthetics and even bioprinting, the applications of 3D-printing polymers for the medical industry are versatile and wide-ranging. It is an essential material for many medical equipment manufacturers due to its performance characteristics, and its ability to be adaptable and customizable to meet specific needs. Due to the pandemic, the demand-supply for medical devices such as nose swobs, insulators, and others are rising which directly impacting the growth of the 3D-printing polymers market.
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3D-Printing Polymers Market Challenges
Temperature constraint, Cracking, and Delamination can Restrict the Market Growth
It is important that 3D-printing polymers like ABS are used within the ideal or recommended temperature range. For example, the extruder temperature for ABS is 245°C. Curling & cracking can be great setbacks in 3D printing polymers. If not regulated, the print can warp, curl, or even crack after a few layers. These glitches are visible only after some printing is done and so the print has to be continuously monitored to make sure the print is running perfectly. Certain drawbacks might hinder the growth of the 3D-printing polymer industry.
3D-Printing Polymers Emits toxic odor
3D-printing polymers emit a strong odor when printed, the odor commonly known as burnt plastic. Not only does this smell makes it very uncomfortable to stay in the same room as the printer when it is working, but there are also studies that prove that the fumes are toxic which may cause eye, skin, and respiratory tract irritation, and if overexposed, could cause nausea and headache. And when it appears to health issue the market is certain to get hampered by such setbacks.
3D-Printing Polymers Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Window Films Market. Major players in the 3D- Printing Polymers Market are 3D Systems Corporation (US), Stratasys, Ltd. (US), Arkema SA (France), BASF SE (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), HP Inc. (US), DowDuPont Inc. (US), Royal DSM N.V. (Netherlands), EOS GmbH Electro Optical Systems (Germany), Clariant International Ltd. (Switzerland), CRP Group (US), Envisiontec GmbH (Germany), Materialize NV (Belgium), and Oxford Performance Materials Inc. (US).
Acquisitions/Technology Launches/ Product Launches  
In February 2021 – Orbex has commissioned AMCM to build the largest industrial 3D printer in Europe, allowing the innovative UK-based space launch company to rapidly print complex rocket engines in-house. The custom-made, large volume 3D printer will allow Orbex to print more than 35 large-scale rocket engine and main stage turbopump systems annually, as the company scales up its production capabilities for launches.
Key Takeaways
Asia Pacific dominates the 3D-Printing Polymers Market owing to the rapid increase in the Aerospace and Defense sector.
The market drivers and restraints have been assessed to understand their impact on the forecast period.
The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
The other key areas of focus include the various applications and end-use industry in 3D-Printing Polymers Market and their specific segmented revenue.
Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of 3D-Printing Polymers related industries have been negatively affected, thus hampering the growth of the market.
Related Reports:
A. High Performance Polymers Market
https://www.industryarc.com/Report/11659/high-performance-polymers-market.html
B. Plastics & Polymers Market
https://www.industryarc.com/Report/16091/plastic-polymers-market.html
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marketingreportz · 7 months ago
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3D Printing Plastic Market Industry Forecast, 2024–2030
3D Printing Plastic Market Overview
3D Printing Plastic Market size is forecast to reach $3,004.71 million by 2030, after growing at a CAGR of 17.1% during 2024–2030. Globally, the demand for 3D printing plastic is rising from various application sectors such as aerospace and defense, electrical and electronics, and healthcare, by reducing the efforts, time, and costs incurred in the project. The increasing demand for 3D printing plastic from various industries, such as aerospace, automotive, healthcare, and electronics, for applications such as prototyping, tooling, and functional parts. The cost-effectiveness, strength, durability, and versatility of 3D printing plastic compared to other materials. The development of new types and grades of 3D printing plastic, such as biodegradable, conductive, and flexible plastics. The increasing use of photopolymers and polyamide (nylon) materials in 3D printing owing to its alluring properties is estimated to drive the 3D printing plastics market growth. Furthermore, the development of innovative, stronger, lighter, and safer components and parts with lower lead times and costs is anticipated to create new opportunities for the growth of the global 3D printing plastic industry in the forecast period.
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Covid-19 Impact
The rise in positive COVID-19 cases worldwide generated a huge demand for the 3D printing plastics market from the healthcare sector. The market for medical components such as face shields, masks, ventilator vales, and others has seen an upsurge since the outbreak of COVID-19. Owing to the COVID-19 palindrome the increasing demand of medical components from across the globe, has also increased the demand for 3D printing adoption in various regions.
Market Snapshot :-
3D Printing Plastic Market Report Coverage
The: “3D Printing Plastic Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the 3D Printing Plastic Market. By Form: Filament, Ink, and Powder.
By Type: Polycarbonates, Photopolymers, Acrylonitrile Butadiene Styrene (ABS), Polyamide/Nylon, Polylactic Acid, Polyethylene Terephthalate (PET), Glycolized polyester (PETG), High Performance Polymers, and Others.
By Application: Prototyping, Automotive, Healthcare, Consumer Goods, Aerospace & Defence, Electrical & Electronics, and Others.
By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle east and Africa).
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Key Takeaways
The rising demand for laser sintering technology by engineers and manufacturers in various commercial sectors will increase the demand for polyamide (nylon), which is further expected to drive the 3D printing plastic industry growth.
Owing to the ability of the plastic being shaped easily, they are used in the initial stages of the onset of 3D printers. Very recently, NASA has been using space-based 3D printers with plastic as the key material for space-based objects.
Also, the rise of the automobile industry is set to hold the market for 3D printing plastics at its height in the years to come. Quick advances in diverse materials and technology are allowing the industry to gain momentum.
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3D Printing Plastic Market Segment Analysis — By Form
Filament form is widely used in the 3D Printing Plastic Market. They are only manufactured and consumed in two diameters, namely 1.75 mm and 3 mm. By using the process of heating, extruding and cooling plastic, filament form is produced to turn nurdles into finished product. Thus, it is possible to dye these filaments in various colours. Also, due to their flexible properties there is an increase in demand from several application industries such as food packaging, tableware, upholstery, and disposable clothing.
3D Printing Plastic Market Segment Analysis — By Type
Polyamide/Nylon segment held the largest share in the 3D Printing Plastic Market in 2023. Nylon (known as polyamide) is a synthetic linear polyamide thermoplastic and is a well-known 3D printing filament owing to its stability, toughness, low friction and corrosion resistance. Nylon is also a common substance used in the manufacture of clothing and accessories. Due to its improved strength and elasticity over PLA and ABS, Nylon is ideal for manufacturing uses, such as machine parts or equipment, or the replacement of automotive parts. As compared to ABS and PLA Nylon is tougher and more resistant to chemicals, but its poor strength and hardness prohibits it from being commonly used in the manufacturing industry. With the increasing demand for nylon the market for 3D printing plastic is also estimated to rise in the forecast period.
3D Printing Plastic Market Segment Analysis — By Application
Prototyping segment held the largest share in the 3D Printing Plastic Market in 2023 and is projected to grow at a CAGR of 17.1% during the forecast period 2024–2030. Creating a concept can be a costly and slow process. Fortunately, certain methods are available to help you enhance the product creation process, helping to make high-quality prototypes at a cheaper cost. From office to the factory floor, 3D printers produce plastic concept models, precision and practical prototypes, master patterns and actual end-use components for refining every project, streamlining the workflows and getting creative products to the market quicker. Besides, 3D printing plastic is the best solution for designing the prototypes. By beginning to create the 3D printing project, one will have access to a wide variety of efficient 3D printing supplies, saving time and resources. Thus, rising usage of 3D printing plastic for prototyping applications is set to drive the market growth over the forecast period.
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3D Printing Plastic Market Segment Analysis — By Geography
North America held the largest share with 51% in 3D Printing Plastic Market in 2023 Due to the increasing demand for 3D printing plastics in medical devices and equipment, and the increasing adoption of 3D printing technology in U.S., Canada, Mexico and various other countries in the region is set to drive the market growth in the upcoming future. According to the U.S. Department of Health and Human Services, the Fiscal Year (FY) 2023 budget represents the responsibilities of the U.S. government to advance a patient-centered healthcare system. The budget proposes a discretionary budget authority of $96.1 billion and mandatory support for Health and Human Services of $1.86 trillion.Thus, the rising investments by the government in the healthcare sector are estimated to boost the 3D Printing Plastic Market growth in the forecast period.
3D Printing Plastic Market Drivers
Rising Demand for 3D Printing Plastic from the Healthcare Industry
Rising usage of 3D printing plastic in the healthcare sector is driving the market growth. Key factors driving demand in the medical industry for 3D printing plastics include cost-effectiveness, ease of customization, as well as the rising occurrence of vascular and osteoarthritis diseases. Polyamide or nylon is often used for injection molding in medical device owing to its inflexible nature, strength, chemical compatibility, and temperature resilience. Increasing use of photopolymers for high-resolution, ultra-fine parts in medical devices will also drive the market growth. Moreover, the market demand in medical applications is expected to be fueled by advanced 3D technology, favorable government funding, and rapid product growth. According to the India Brand Equity Foundation, the government of India aims to increase the healthcare spending to 3% of the GDP by 2022, which means the healthcare sector will rise three-fold to Rs. 8.6 trillion (US$ 133.44 billion). Hence, the growing demand for 3D printing plastic from the healthcare sector will raise the growth for 3D Printing Plastic Market in the forecast period.
Increasing Demand for Biodegradable Materials for 3D printing
The growing need for the “green” alternative to traditional polymers has propelled the demand for polylactic acid in the 3D printing plastic industry. Since, polylactic acid is very inexpensive, easy to print, and produces components that can be used for a wide variety of applications, it is the ideal first material to be used in 3D printing. It is also one of the most environmental friendly products made from crops such as corn and cane that are used today. This material is thermoplastic aliphatic polyester and is the predominant natural raw material that consists of recycled raw materials used in 3D printing plastics. For most extrusion-based 3D printing, polylactic acid is also the default filament of choice, since it can be printed at low temperatures and does not require a heated bed. Thus, with the rising demand for biodegradable materials the growth for 3D printing plastics market is estimated to rise in the forecast period.
3D Printing Plastic Market Challenges
Environmental Issues Regarding 3D Printing Plastic Materials will Hamper the Market Growth
Over the last few years, one environmental issue has gradually stolen the spotlight that is plastic pollution. The reliance on plastics-especially single-use plastics-is now one of the world’s leading environmental concerns. 3D printing uses the flexible, durable design of plastics in a wide variety of applications, from aerospace to healthcare. Polyethylene terephthalate (PET) is one of the most common filaments used in plastics such as bottles of disposable beverages and food packaging. Other filaments include polycarbonate and ABS: both are relatively inexpensive, flexible and easy to manufacture. Unfortunately, these materials are not commonly recyclable and so any waste generated in the printing process would find its way to the landfill or to the natural environment. Thus, rising environmental concerns due to the use of various 3D printing plastics is estimated to hinder the 3D printing plastics market growth.
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3D Printing Plastic Market Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3D Printing Plastic Market. Major players in the 3D Printing Plastic Market are:
3D Systems Corporation
Arkema SA
Stratasys, Ltd.
Evonik Industries AG
HP Inc.
SABIC
DowDuPont Inc.
EOS GmbH Electro Optical Systems
Solvay
Royal DSM N.V., among others.
Acquisitions/Technology Launches
In March 2023, BASF SE acquired Sculpteo, a French online 3D printing service provider, to expand its 3D printing solutions portfolio and customer base.
In February 2023, Arkema acquired Lambson, a UK-based company that specializes in photo initiators for 3D printing, to strengthen its position in the 3D printing market and offer innovative solutions for UV-curable resins.
In January 2023, Stratasys Ltd. acquired Origin, a US-based company that develops 3D printers and materials for mass production, to enhance its capabilities in the fast-growing segment of end-use parts.
In December 2022, Evonik Industries AG acquired 3D Printing Materials, a US-based company that produces high-performance thermoplastics for 3D printing, to broaden its product portfolio and customer base in the additive manufacturing market.
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chemicalindustrynews · 3 years ago
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3D Printing Plastic Market Segmentation along with Regional Outlook, Competitive Strategies, Factors Contributing to Growth and Forecast 2027
3D Printing Plastic Market Research Report will give its customers Full Analytical Research, which gives all in-out details about key players like company profile, product portfolio, capacity, price, cost, and revenue for the forecast period to 2027. This report presents an in-depth analysis of the 3D Printing Plastic market size, share, segments, manufacturers, and technologies, key trends, market drivers, challenges, standardization, deployment models, opportunities, future roadmap, and forecast.
3D printing plastic market will reach an estimated valuation of USD 5,384.47 million by 2027, while registering this growth at a CAGR of 27.20% for the forecast period of 2020 to 2027. Growing demand for bio based plastics will create new opportunity for 3D printing plastic market in the forecast period of 2020 to 2027.
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Increasing demand for 3D printing plastic from automotive industry will enhance the market growth. Some of the other factors such as favourable government support, advancements in different materials and technologies, growing demand from consumer electronic industry, and increasing application of 3D printing plastic will also affect the 3D printing plastic market in the forecast period of 2020 to 2027.
3D printing plastic market is segmented of the basis of type, form, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of type, the 3D printing plastic market is segmented into photopolymer, ABS & ASA, polyamide, PLA, polylactic acid and others.
Based on form, the 3D printing plastic market is segmented into filament, liquid/ink and powder.
The application segment of the 3D printing plastic market is segmented into prototyping and manufacturing.
The end-user segment of the 3D printing plastic market is divided into healthcare, aerospace & defense, automotive, electrical & electronics and other.
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Key Pointers in TOC of 3D Printing Plastic Market Report:
Sections 1: Definition, Specifications and Classification of 3D Printing Plastic, Applications of 3D Printing Plastic, Market Segment by Regions
Sections 2: Technical Data and Manufacturing Plants Analysis of 3D Printing Plastic, Capacity and R&D Status and Technology Source, Raw Materials Sources Analysis
Sections 3: Market Analysis, Sales Examination, sales Value Investigation
Sections 4: Regional Market Investigation that incorporates North America, Europe, Asia Pacific, Latin America, Middle East & Africa Market Examination
Sections 5: The 3D Printing Plastic Segment Market Analysis (by Application) Major Manufacturers Analysis of 3D Printing Plastic
Sections 6: Market Trend Analysis, Regional Market Trend, Market Trend by Product Type
Sections 7: Regional Promoting Type Investigation, Inventory network Investigation
Sections 8: The Customers Examination of global 3D Printing Plastic
Sections 9: 3D Printing Plastic Research Findings and Conclusion, Appendix, system and information source
Sections 10: 3D Printing Plastic deals channel, wholesalers, merchants, traders, Exploration Discoveries and End, appendix and data source. Continued.....
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The research provides answers to the following key questions:
What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
What are the key driving forces responsible for shaping the fate of the 3D Printing Plastic market during the forecast period?
Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the 3D Printing Plastic market?
What are the prominent market trends influencing the development of the 3D Printing Plastic market across different regions?
What are the major threats and challenges likely to act as a barrier in the growth of the 3D Printing Plastic market?
What are the major opportunities the market leaders can rely on to gain success and profitability? 
Key Pointers Covered the 3D Printing Plastic Market Industry Trends and Forecast to 2027
Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Cost of Care Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
The Global 3D Printing Plastic Market Report Addresses the Following Queries:
What is the estimated size of the 3D Printing Plastic market by 2027?
Which segment accounted or a large share of the 3D Printing Plastic market in the past?
Which segment is expected to account the largest market share by 2027?
Which governing bodies have approved the use of 3D Printing Plastic?
Which region accounts for a dominant share of the 3D Printing Plastic market?
Which region is anticipated to create lucrative opportunities in the 3D Printing Plastic market? 
The major players covered in the 3D printing plastic market report are 3D Systems, Inc, Arkema, Stratasys Ltd, EOS GmbH, CRP TECHNOLOGY S.r.l., Oxford Performance Materials, Materialise, BASF SE, Evonik Industries AG, Clariant, HP Development Company, L.P., DuPont de Nemours, Inc., VEXMA TECHNOLOGIES PVT LTD, PolyOne Corporation, 3Dnatives, Protofab, Jariwala Robotics Private Limited among other domestic and global players. Market share and data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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industryarcresearch · 3 years ago
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3D Printing Plastic Market - Forecast(2022 - 2027)
3D Printing Plastic market size is forecast to reach $1,598 million by 2026, after growing at a CAGR of 17.1% during 2021-2026. Globally, the demand for 3D printing plastic is rising from various application sectors such as aerospace and defense, electrical and electronics, and healthcare, by reducing the efforts, time, and costs incurred in the project. The increasing use of photopolymers and polyamide (nylon) materials in 3D printing owing to its alluring properties is estimated to drive the 3D printing plastics market growth. Furthermore, the development of innovative, stronger, lighter, and safer components and parts with lower lead times and costs is anticipated to create new opportunities for the growth of the global 3D printing plastic industry in the forecast period.
Covid-19 Impact
The rise in positive COVID-19 cases worldwide generated a huge demand for the 3D printing plastics market from the healthcare sector. The market for medical components such as face shields, masks, ventilator vales, and others has seen an upsurge since the outbreak of COVID-19. Owing to the COVID-19 palindrome the increasing demand of medical components from across the globe, has also increased the demand for 3D printing adoption in various regions.
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3D Printing Plastic Market Report Coverage
The: “3D Printing Plastic Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the 3D printing plastic market.
By Form: Filament, Ink, and Powder.
By Type: Polycarbonates, Photopolymers, Acrylonitrile Butadiene Styrene (ABS), Polyamide/Nylon, Polylactic Acid, Polyethylene Terephthalate (PET), Glycolized polyester (PETG), High Performance Polymers, and Others.
By Application: Prototyping, Automotive, Healthcare, Consumer Goods, Aerospace & Defence, Electrical & Electronics, and Others.
By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle east and Africa).
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Key Takeaways
The rising demand for laser sintering technology by engineers and manufacturers in various commercial sectors will increase the demand for polyamide (nylon), which is further expected to drive the 3D printing plastic industry growth.
Owing to the ability of the plastic being shaped easily, they are used in the initial stages of the onset of 3D printers. Very recently, NASA has been using space-based 3D printers with plastic as the key material for space-based objects.
Also, the rise of the automobile industry is set to hold the market for 3D printing plastics at its height in the years to come. Quick advances in diverse materials and technology are allowing the industry to gain momentum.
Figure: North America 3D Printing Plastic Market Revenue, 2020-2026 (US$ Billion)
3D Printing Plastic Market Segment Analysis - By Form
Filament form is widely used in the 3D printing plastic market. They are only manufactured and consumed in two diameters, namely 1.75 mm and 3 mm. By using the process of heating, extruding and cooling plastic, filament form is produced to turn nurdles into finished product. Thus, it is possible to dye these filaments in various colours. Also, due to their flexible properties there is an increase in demand from several application industries such as food packaging, tableware, upholstery, and disposable clothing.
3D Printing Plastic Market Segment Analysis - By Type
Polyamide/Nylon segment held the largest share in the 3D printing plastic market in 2020. Nylon (known as polyamide) is a synthetic linear polyamide thermoplastic and is a well-known 3D printing filament owing to its stability, toughness, low friction and corrosion resistance. Nylon is also a common substance used in the manufacture of clothing and accessories. Due to its improved strength and elasticity over PLA and ABS, Nylon is ideal for manufacturing uses, such as machine parts or equipment, or the replacement of automotive parts. As compared to ABS and PLA Nylon is tougher and more resistant to chemicals, but its poor strength and hardness prohibits it from being commonly used in the manufacturing industry. With the increasing demand for nylon the market for 3D printing plastic is also estimated to rise in the forecast period.
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3D Printing Plastic Market Segment Analysis - By Application
Prototyping segment held the largest share in the 3D printing plastic market in 2020 and is projected to grow at a CAGR of 16.9% during the forecast period 2021-2026. Creating a concept can be a costly and slow process. Fortunately, certain methods are available to help you enhance the product creation process, helping to make high-quality prototypes at a cheaper cost. From office to the factory floor, 3D printers produce plastic concept models, precision and practical prototypes, master patterns and actual end-use components for refining every project, streamlining the workflows and getting creative products to the market quicker. Besides, 3D printing plastic is the best solution for designing the prototypes. By beginning to create the 3D printing project, one will have access to a wide variety of efficient 3D printing supplies, saving time and resources. Thus, rising usage of 3D printing plastic for prototyping applications is set to drive the market growth over the forecast period.
3D Printing Plastic Market Segment Analysis - By Geography
North America held the largest share with 45% in 3D printing plastic market in 2020. Due to the increasing demand for 3D printing plastics in medical devices and equipment, and the increasing adoption of 3D printing technology in U.S., Canada, Mexico and various other countries in the region is set to drive the market growth in the upcoming future. According to the U.S. Department of Health and Human Services, the Fiscal Year (FY) 2021 budget represents the responsibilities of the U.S. government to advance a patient-centered healthcare system. The budget proposes a discretionary budget authority of $94.5 billion and mandatory support for Health and Human Services of $1.3 trillion. Thus, the rising investments by the government in the healthcare sector are estimated to boost the 3D printing plastic market growth in the forecast period.
3D Printing Plastic Market Drivers
Rising Demand for 3D Printing Plastic from the Healthcare Industry
Rising usage of 3D printing plastic in the healthcare sector is driving the market growth. Key factors driving demand in the medical industry for 3D printing plastics include cost-effectiveness, ease of customization, as well as the rising occurrence of vascular and osteoarthritis diseases. Polyamide or nylon is often used for injection molding in medical device owing to its inflexible nature, strength, chemical compatibility, and temperature resilience. Increasing use of photopolymers for high-resolution, ultra-fine parts in medical devices will also drive the market growth. Moreover, the market demand in medical applications is expected to be fueled by advanced 3D technology, favorable government funding, and rapid product growth. According to the India Brand Equity Foundation, the government of India aims to increase the healthcare spending to 3% of the GDP by 2022, which means the healthcare sector will rise three-fold to Rs. 8.6 trillion (US$ 133.44 billion). Hence, the growing demand for 3D printing plastic from the healthcare sector will raise the growth for 3D printing plastic market in the forecast period.
Increasing Demand for Biodegradable Materials for 3D printing
The growing need for the "green" alternative to traditional polymers has propelled the demand for polylactic acid in the 3D printing plastic industry. Since, polylactic acid is very inexpensive, easy to print, and produces components that can be used for a wide variety of applications, it is the ideal first material to be used in 3D printing. It is also one of the most environmental friendly products made from crops such as corn and cane that are used today. This material is thermoplastic aliphatic polyester and is the predominant natural raw material that consists of recycled raw materials used in 3D printing plastics. For most extrusion-based 3D printing, polylactic acid is also the default filament of choice, since it can be printed at low temperatures and does not require a heated bed. Thus, with the rising demand for biodegradable materials the growth for 3D printing plastics market is estimated to rise in the forecast period.
3D Printing Plastic Market Challenges
Environmental Issues Regarding 3D Printing Plastic Materials will Hamper the Market Growth
Over the last few years, one environmental issue has gradually stolen the spotlight that is plastic pollution. The reliance on plastics-especially single-use plastics-is now one of the world's leading environmental concerns. 3D printing uses the flexible, durable design of plastics in a wide variety of applications, from aerospace to healthcare. Polyethylene terephthalate (PET) is one of the most common filaments used in plastics such as bottles of disposable beverages and food packaging. Other filaments include polycarbonate and ABS: both are relatively inexpensive, flexible and easy to manufacture. Unfortunately, these materials are not commonly recyclable and so any waste generated in the printing process would find its way to the landfill or to the natural environment. Thus, rising environmental concerns due to the use of various 3D printing plastics is estimated to hinder the 3D printing plastics market growth.
3D Printing Plastic Market Outlook
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the 3D printing plastic market. Major players in the 3D printing plastic market are 3D Systems Corporation, Arkema SA, Stratasys, Ltd., BASF SE, Evonik Industries AG, HP Inc., SABIC, DowDuPont Inc., EOS GmbH Electro Optical Systems, and Royal DSM N.V., among others.
Acquisitions/Technology Launches
In January 2021, Stratasys, Ltd. company acquired Origin, to ortify its leadership position as the first choice for polymer 3D printing.
In October 2019, Lancashire3D, a UK-based 3D printing service bureau, has launched its Sustainable Range of materials for producing 3D printed items.
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thetejasamale · 4 years ago
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3d Printing Plastics Market Size | Share, Growth, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2027
The versatility of plastic as a printing medium has boosted its application rate in the 3D Printing Market. The analysis revealed by MRFR states that the market will expand at a CAGR of 23.3% while achieving revenues worth USD 1,700 Million by the end of the forecast period. The increasing popularity of 3D printing technology in end-use industries such as automotive, science and industrial sectors is expected to modify the demand for the 3D Printing Plastic Market in the upcoming years.
The industrial advancements and forward integration of key polymer manufacturers is also adding to the growth trajectory that is being exhibited by the market. The rising demand being observed for composite grades of 3D printing plastic in several industrial applications is proving to be a positive influence on the development of the market. The amplifying demand for bio-based alternatives for 3D printed plastics is expected to boost the development of the market. The evolving 3D printing technologies and the increased production cost of commercial grades of 3D printing plastics may provide certain setbacks to the growth of the market. However, the lack of adoption of new technologies in emerging economies like Asia Pacific, Middle East & Africa and the environmental regulations related to the disposal of 3D Printed Plastic products might hamper the development of the market in the upcoming forecast period.
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Segmental Analysis
The segmentation of the 3D Printing Plastics Market is carried out on the basis of Type, Form, Application, End-Use Industry and Region. On the basis of Type, the market is segmented into acrylonitrile butadiene styrene, photopolymer, polyamide, polylactic acid among others. The photopolymer segment is accredited with the principal market share in 2017, and the polyamide segment is anticipated to be among the rapidly growing market throughout the forecast period. Based on Form, the market is segmented into filament, powder, liquid and ink. The filament segment dominated the 3D Printing Plastics Market from 2017 and the powder segment is expected to record the highest CAGR in the approaching years. On the basis of Application, the market is divided into prototyping and manufacturing. The prototyping segment controls the major market share in 2017 and the manufacturing segment is expected to develop at a high CAGR through the forecast period. On the basis of End-Use Industry, the market comprises of Aerospace & Defense, Automotive, Healthcare, Electrical & Electronics. The healthcare segment of the market held the major market share from 2017 and is likely to expand at a high CAGR through the forecast period. The Regions shaping the market’s growth are Asia Pacific, Europe, North America, Latin America, Middle East, and Africa.
Detailed Regional Analysis
The regional analysis of the 3D Printing Plastics covers regions such as Asia Pacific, Europe, North America, Latin America, Middle East and Africa. The North American region accounted for the largest market share in the printing plastics market due the presence of established competitors in the regions along with escalating demand for 3D Printed Plastics. The positive adoption rates of 3D printing technologies are projected to spur the growth of the market further. The Asia Pacific market is observed to be the fastest rising region in the 3D Printing Plastics Market in the forecast period. Improved demand stemming from end-user industries in the market is expected to push the development of the market in the upcoming period.
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Competitive Analysis
The competition in the market is increasing steadily as new contenders are entering the market. The increasing popularity and demand for 3D printing on plastics is anticipated to modify the market favorably in the forecast period. The cost-effectiveness of 3D printing on plastic is expected to benefit the market’s expansion in the forecast period positively. Moreover, the innovations in the market are expected to reflect positively on the market’s progress in the coming years.
The market contenders such as 3D Systems, Inc. (US), BASF SE (Germany), Stratasys Ltd. (US), Royal DSM N.V. (The Netherlands), SABIC (Saudi Arabia), Evonik Industries AG (Germany), EOS GmbH Electro Optical Systems (Germany), HP Development Company, L.P. (US), Materialise (Belgium), Clariant (Switzerland), DowDuPont, Inc. (US), CRP Group (US), Arkema Group (France), ENVISIONTEC, INC. (Germany), and Oxford Performance Materials (US) are expected to modify the market greatly in the forecast period.
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