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According to a new report available at Million Insights, the global 3D printing plastics industry is expected to be driven by the growing healthcare industry and high demand for 3D printing plastics in manufacturing activities in 2014-2025 and electronics are the main drivers for the growth of the 3D printing plastics market.
The globe 3D Printing Plastics Market is estimated at $ 1.98 billion by 2025, with a CAGR of 24.9% over the forecast period. 3D printing plastics have flexibility, durability and high temperature resistance, which is often preferred for plastics engineering and professional applications. ABS is a type of 3D printing plastic with an increased need for a heated print bed with reliability.
The 3D printing plastics industry is being driven by the surge in the healthcare industry and the demand for 3D printing plastics in manufacturing activities. Growing demand from the aerospace and defense, automotive, electrical and electronics sectors are the main drivers of market growth. In addition, the market for 3D printing plastics is being influenced by the increasing demand for medical devices, orthopedics and dental implants.
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By type, the 3D printing plastics industry is divided into ABS, polyamide, photopolymer, and PLA. The photopolymer segment is expected to grow at a higher CAGR during the forecast period due to the extensive use of stereolithography technology. The 3D Printing Plastics Market is segmented into powder, filament, and liquid by shape. The end-use segmentation for the 3D Printing Plastics market includes Electrical & Electronics, Healthcare, Automotive, and Aerospace & Defense.
The geographic segmentation for the 3D printing plastics industry includes North America, South America, Europe, Asia Pacific, the Middle East, and Africa. North America dominates the world market in the forecast period. The increasing acceptance of 3D printing technology in end-user industries and increasing investments are likely to stimulate regional market growth.
The Asia-Pacific regions are likely to grow during the forecast period due to increased investment by chemical companies to pioneer the 3D printing plastics market. Additionally, the 3D printing plastics market is being driven by 3D printing technology, followed by the demand for medical devices, equipment and dental implants.
The most important players in the 3D printing plastics industry report are Evonik Industries AG, HP Inc, Arkema SA, BASF SE, Dow DuPont, Royal DSM NV, Clariant International Ltd, EnvisionTec GmbH and CRP Group.
To browse the report summary and detailed table of contents, please click the link below:
3D Printing Plastics Outlook (Volume, Tons; Revenue, MILLION USD, 2014-2025)
• ABS & ASA
• polyamide / nylon
• Polylactic acid
3D Printing Plastic Forms Outlook (Volume, Tons; Revenue, MILLION USD, 2014-2025)
3D Printing Plastics Application Outlook (Volume, Tons; Revenue, M $ M, 2014-2025)
• Aerospace and Defense
• consumer goods
Regional Outlook for 3D Printing Plastics (Volume, Tons; Revenue, Million USD, 2014-2025)
• North America
• UNITED STATES
• Great Britain
• Asia Pacific
• South Korea
• Middle and South America
• Middle East and Africa
• South Africa
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