Press release
3D Printing Plastics Market by Type, Form, End-Use Industry, Application, and Region - Global Forecast to 2023
Access Full Report @ https://www.reportsnreports.com/reports/1710943-3d-printing-plastics-market-by-type-photo-polymer-abs-poly-amide-pla-form-filament-liquid-ink-powder-end-use-industry-healthcare-aerospace-defense-automotive-electrical-electronics-application-st-to-2023.html.3D printing plastics market projected to reach USD 1,965.3 million by 2023”
The 3D printing plastics market is estimated at USD 615.8 million in 2018 and is projected to reach USD 1,965.3 million by 2023, at a CAGR of 26.1% between 2018 and 2023. Factors such as an increase in supply with forward integration from major polymer companies , increase in demand from end-use industries for production activities, development of application-specific plastic grades, and government initiatives, worldwide to support the adoption of 3D printing plastics across industries drive the market. Environmental concerns for consumption of plastics is one the major restraints for the market.
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Key Target Audience:
• Manufacturers of 3D printing plastics
• Traders, distributors, and suppliers of 3D printing plastics
• End-use industries operating in the 3D printing plastics supply chain
• Government and research organizations
• Associations and industrial bodies
• Research and consulting firms
• R&D institutions
• Environment support agencies
• Investment banks and private equity firms
On the basis of type, the 3D printing plastics market has been segmented into photopolymer, ABS, PLA, polyamide, and others. The photopolymer segment dominated the market in 2017, whereas the polyamide segment is projected to register the highest CAGR during the forecast period due to the increasing demand from the laser sintering technology.
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Based on form, the 3D printing plastics market was dominated by the filament segment in 2017. The filament segment is estimated to dominate the market with its wide use in general and industrial applications. The powder segment is expected to register the highest CAGR during the forecast period with respect to the growth of laser sintering technology.
Breakdown of the profile of primary participants:
1. By Company Type: Tier 1 – 11%, Tier 2 – 33%, and Tier 3 – 56%
2. By Designation: C Level – 20%, Director Level – 10%, and Others – 70%
3. By Region: North America – 36%, Europe – 29%, Asia Pacific – 14%, Middle East & Africa –14.3%, and South America – 7%
Some of the major companies profiled in this report include 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), Materialise NV (Belgium), and Oxford Performance Materials Inc. (US).
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Reasons to buy the report:
This report covers the following key aspects:
1. What will be the market size by 2023 and what will be the growth rate.
2. What are the key market trends.
3. What are the factors expected to drive the market.
4. What are the challenges that impact the market growth.
5. Who are the key players in this market.
6. Global report covers key regions such as North America, Europe, and Asia Pacific, including major countries in these regions, such as the US, China, Japan, the UK, and Germany.
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