New Live 2020: 3D Printing Plastics Market by Global Trends, Size, Growth | Witness to Grow Remarkable CAGR 2026

The Global 3D Printing Plastics Market was valued at USD 748.8 million in 2018 and is expected to contribute USD 2,368.4 million in 2026, growing at a cumulative annual growth rate of 16.4% by 2027.
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3D printing of plastics is an effective method and widely used for the production of components and parts in various sectors such as automotive, consumer electronics and pharmaceuticals. ABS and PLA are commonly used materials in 3D printing of plastics. Considering the current scenario, the consumer goods are emerging significantly in the implementation of 3D plastic products in order to minimize the lead time provided by additive manufacturing techniques.

AllTheResearch offers a most recent distributed report on Global3D Printing Plastics industry examination and figure 2019-2025 conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.

Market Segmentation:
Following Top Key players are profiled in this Market Study:
3D Systems Corporation, Stratasys, Ltd., Arkema SA, BASF SE, Evonik Industries AG, SABIC, HP Inc., DowDuPont Inc., CRP Group, and Envisiontec GmbH, among others

By End-use Industry: Healthcare, Automotive, Aerospace & Defense, Electrical & Electronics, Others

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The photopolymer type segment is expected to lead the global 3D printing plastics market throughout the forecast period.
Based on product, the market has been categorized into photopolymer, polylactic acid (PLA), ABS, polyamide, and others. The photopolymer type segment is expected to hold approximately 27% share in the global 3D printing plastics market in 2018 owing to photopolymer includes most of the polymer grades in resin form.

Based on application, the market has been segmented into healthcare, automotive, aerospace & defense, electrical & electronics, and others. The healthcare application segment accounts of the largest share in the global 3D printing plastics market by application. The major factors that are driving the growth of this segment are wide adoption across orthopedic implants, prosthetics, dentals and others.

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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa

Based on regions:
North America accounted for nearly 37% share of the global 3D printing plastics market in 2018 and is expected to dominate the market throughout the forecast period owing to increase in government spending across aerospace & defense and healthcare industries, which are accounted for widely adopted of 3D printing plastics technologies. However, the increased awareness regarding environmental concern due to the use of plastics is the major concern in the developed regions, worldwide.

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This release was published on openPR.