San Francisco, 26
February, 3D Printing Plastics Market Size, Share &
Trends Analysis Report By Type (ABS & ASA, Photopolymers, Polyamide/Nylon,
PLA), By Form (Filament, Ink, Powder), By Application, And Segment Forecasts,
2018 – 2025.
The global 3D printing plastics market size is likely to reach USD 1.98
billion by 2025, according to a new study by Grand View Research, Inc., rising
at a CAGR of 24.9% during the forecast period. Spiraling demand for 3D printing
plastics, particularly from the medical and aerospace & defense industries,
is anticipated to contribute to the growth of the market during the forecast
period.
The 3D printing plastics market
is benefitting from favorable government support in key economies such as the
U.S. and China. 3D printed products assist significantly in attaining economies
of scale through consumption of lesser lead time, reduced costs, and mitigated
risks. 3D plastics also allows easier customization as per consumer needs.
Thus, there is an upsurge in the demand for 3D printing plastics from various
end use industries such as automotive, medical, and electrical &
electronics.
Adoption rate of 3D printing is
poised to witness sharp rise across several new end user industries, which in
turn is expected to lead to higher demand for printing materials such as
plastics. Functional prototyping, tooling, and designing have enabled extensive
applications of 3D printing across newer application areas.
Consumer goods is emerging as a
significant application of 3D plastic products on account of reduced lead time
offered by additive manufacturing techniques. Innovative additive manufacturing
solutions enable production of designer parts with complex geometries, thus,
facilitating manufacturers to cater to rising consumer needs for personalized
parts.Photopolymers was the dominant plastic segment in terms of both revenue
and volume in 2017.
Heightened demand for
photopolymers can be attributed to high consumption in production of industrial
prototypes through the utilization of SLA technology. Polyamide/Nylon is
estimated to experience the fastest growth rate during the forecast period on
account of rising demand from both domestic as well as commercial applications.
Use of polyamide/nylon is accompanied by laser sintering technology.
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Report On 3D Printing Plastics Market Analysis:
Further key findings from the repot suggest:
·
North America will be the
dominant regional market in the global arena in terms of revenue throughout the
forecast period, while Asia Pacific is projected to register the highest CAGR
of 26.7% during the same period. Favorable government policies in Asia Pacific
region particularly in China and India are likely to drive market growth
·
Photopolymers was the largest
type segment in the global 3D printing plastics market in 2017. Photopolymers
are used extensively across several end-user industries as it acts as a binder,
additive, colorant, plasticizer, and chemical agent in the 3D printed product
·
In April 2018, 3D Systems
Corporation participated in RAPID+TCT 2018 held in the U.S. Product portfolio
of the company consisted of several solutions, which would aid manufacturers in
switching from prototyping to production and to recognize their competitive
advantages. Figure 4™ platform demonstrates optimum throughput and accuracy
necessary for production of plastic part.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
global 3D printing plastics market on the basis of type, form, application, and
region:
3D Printing Plastics Type
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Photopolymers
·
ABS & ASA
·
Polyamide/Nylon
·
Polylactic acid
·
Others
3D Printing Plastics Form
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Filament
·
Ink
·
Powder
3D Printing Plastics
Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Automotive
·
Medical
·
Aerospace & Defense
·
Consumer Goods
3D Printing Plastics Regional
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
France
o
U.K.
o
Italy
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
·
Central & South America
o
Brazil
·
Middle East & Africa
o
South Africa
Browse Press
Release of this Report:
www.grandviewresearch.com/press-release/global-3d-printing-plastics-market
www.grandviewresearch.com/press-release/global-3d-printing-plastics-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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