3D Printing Plastics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of 3D Printing Plastics Market
The global 3D printing plastics market size was valued at USD 1.26 billion in 2022 and 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 of 2023-2030.
The epidemic affected the 3-D printing Plastics Market by impacting the force chain and manufacturing experience. Still, it dragged the demand for speedy-hearth prototyping, specifically within the healthcare area for manufacturing PPEs and medical bias, which hampered the 3D printing plastics market growth.
The main driving forces impacting the growth of the 3-D Printing Plastics Market include advanced demand for terraform designs, bettered technologies, relatively low prices of printers and accouterments, and the move towards sustainable products.
Multi-cloth printing was a revolutionary period by which the capability of making elaborate systems with individual houses and functions inside one characteristic part could be developed. Similar functionality is achieved with the help of several accouterments at formerly, concerning the combination of colorful complements and tricks, the global 3D printing plastics market share. This generation is essential for developing purposeful corridors in which the aggregate of multiple accouterments is necessary to gain the parcels similar to electrical conductivity, heat resistance, or specific mechanical characteristics.
Comprehensive Analysis of 3D Printing Plastics Market
The worldwide 3-D Printing Plastics business has been segmented based on the kind and quit-use assiduity. Some are polylactic acid (PLA), ABS, polyamide, and polycarbonate. PLA is the most widely used internationally because it's biodegradable and ideal for prototypes and custom-designed merchandise. The ABS section may also feel giant growth. Grounded on the end-use assiduity, the business is distributed into machines, aerospace & defense, healthcare, electronics & electric, and patron particulars. Three- D print’s quiescence and viscosity advantages make Aerospace & Protection the most significant player in the request and enterprise. The only assiduity that should record a tremendous increase is the healthcare sector, especially in particular programs that include dental use. Presently, a rising number of and larger electronics & electrical companies are espousing 3D published technology to optimize product quality and reduce the time for product.
The North America region led the 3D printing plastics market by benefitting a size of USD 0.51 billion in 2022 due to Its full-size size; North America holds the name of the largest aerospace and defense request within the globale.
The leading 3D printing plastics market players significantly influence its growth trajectory and set industry standards. Key companies such as 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.), and SABIC (Saudi Arabia) contribute to a competitive landscape, driving innovation and market advancement.
In March 2022, Evonik introduced VESTAKEEP iC4800 3DF, an innovative osteoconductive peep hair designed to beautify the emulsion among bone and implants. This new hair will allow the association to develop its variety of 3-D printable biomaterials for use in the scientific period.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2017-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2017-2021
CAGR (2023-2030) CAGR of 25.1% from 2023-2030
Unit Volume (Tons), Value (USD Billion)
Segmentation By Type
Polylactic Acid
ABS
Polyamide
Polycarbonate
Others
By End-use Industry
Automotive
Aerospace & Defense
Healthcare
Electronics & Electrical
Consumer Goods
Others
By Geography
North America (By Type, By End-use Industry, By Country)
U.S. (By End-use Industry)
Canada (By End-use Industry)
Mexico (By End-use Industry)
Europe (By Type, By End-use Industry, By Country)
Germany (By End-use Industry)
U.K. (By End-use Industry)
France (By End-use Industry)
Italy (By End-use Industry)
Spain (By End-use Industry)
Rest of Europe (By End-use Industry)
Asia Pacific (By Type, By End-use Industry, By Country)
China (By End-use Industry)
India (By End-use Industry)
Japan (By End-use Industry)
South Korea (By End-use Industry)
Rest of Asia Pacific (By End-use Industry)
Latin America (By Type, By End-use Industry, By Country)
Brazil (By End-use Industry)
Rest of Latin America (By End-use Industry)
Middle East & Africa (By Type, By End-use Industry, By Country)
GCC (By End-use Industry)
South Africa (By End-use Industry)
Rest of Middle East & Africa (By End-use Industry)
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