The 3D Printing Plastics Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). This report encompasses historical, current, and prospective analyses and appraisals for the 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. North America dominated the 3d printing plastics market with a market share of 40.48% in 2022.
Growth is driven by various factors, including the demand for additive manufacturing in industries such as automotive, healthcare, aerospace & defense. Recent advancements in additive manufacturing have led to the development of innovative, stronger, lighter, and safer components and parts with reduced lead times and costs, further fueling the demand for 3D printing plastics. The market has also seen an increase in the availability of 3D printing polymers, with major companies entering the market, which has enhanced the availability of polymers for 3D printing and is expected to lead to market expansion. Environmental concerns regarding disposal of 3D-printed plastic products is major factor restraining market growth.
Key Market Players
The 3D printing plastics market is dominated by a few globally established players. 3D Systems Corporation (US), Arkema (France), BASF SE (Germany), Stratasys, Ltd. (US), Solvay (Belgium), Shenzhen eSUN Industrial Co., Ltd. (China), Evonik Industries AG (Germany), EOS (Germany), Formlabs (US), SABIC (Saudi Arabia), CRP TECHNOLOGY S.r.l. (Italy), Henkel AG & Co. KGaA (Germany), Huntsman International LLC (US), Ensinger (Germany), and Zortrax (Poland) among others, are the main producers who have won significant contracts recently. Since global requirements are changing, contracts and new product development have received the majority of attention.
Source- https://www.fortunebusinessinsights.com/3d-printing-plastics-market-108834
Market Scope of the Report:
The market estimates presented in the report result from a comprehensive research approach involving various research channels such as primary research, secondary research, and subject-matter expert consultations. These market estimates consider the influence of existing market dynamics and a range of economic, social, and political factors on the 3D Printing Plastics Market. Additionally, the market data is shaped by regulations, government expenditures, and advancements in research and development. Both positive and negative market changes are factored into these estimations.
Market Segmentation:
The study offers detailed segmentation of the global 3D Printing Plastics market based on Type, End User, and region. The report provides in-depth discussions of these segments and their sub-divisions, supported by tables and figures. Market players and investors can strategize their approaches based on the high-revenue and rapidly growing segments highlighted in the report.
Research Approach:
The report incorporates primary information collected directly from key stakeholders through quantitative and qualitative analyses utilizing the Porter Five Force model’s parameters. The report emphasizes macroeconomic indicators, trends within the parent market, and growth drivers. A comprehensive understanding of the market is achieved through both primary and secondary research. Rigorous checks were performed on the data used in the report to ensure its authenticity and quality. The credibility of evaluations and market segments is established using both bottom-up and top-down methodologies.
Key Inquiries Addressed in the 3D Printing Plastics Market:
- What is the global market size for the 3D Printing Plastics market?
- Which screen size is most preferred by 3D Printing Plastics consumers?
- What distribution channel is preferred by 3D Printing Plastics manufacturers?
- Which age group is the target for 3D Printing Plastics manufacturers?
- What factors drive or hinder market growth, and how do these factors impact the market?
- How do regulations affect the growth of the 3D Printing Plastics market?
- Which region or country leads in market growth?
- How will emerging 3D Printing Plastics markets perform in the coming years, and how will consumption patterns evolve?
- Who are the major players in the global 3D Printing Plastics market? What is their current market position? Who are the emerging players in this industry?
