3D Printing Plastics Market 2020 Analysis by Global Manufacturers –3D Systems Corporation, Arkema, Envisiontec, Stratasys, Materialse
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Top Leading Companies of Global 3D Printing Plastics Market are 3D Systems Corporation, Arkema, Envisiontec, Stratasys, Materialse and others.
May 07th 2020: 3D Systems has announced its financial results for the first quarter 2020.
Total revenue for the company during Q1 2020 was reported at $134.7 million, an 11.4 percent decline compared to $152.0 million in the same period last year. The fall in revenue has been attributed to the COVID-19 pandemic, which has had a negative impact on the results across 3D Systems’ different business segments.
However, to combat the economic impact of the pandemic, Vyomesh Joshi, president and CEO at 3D Systems, explains that the company has reduced its expenses and preserved cash: “COVID-19 has presented unprecedented challenges globally, so we asked our customers and partners to help address these challenges with 3D printing. Over the last several weeks we have seen applications of our technology and software being used to assist COVID-19 efforts, from ventilator parts to personal protection equipment to nasal swabs,” comments Joshi.
31 March 2020: 3D Systems has pledged its support to help medical device manufacturers and hospitals bridge the supply chain gap for resources to help overcome the COVID-19 pandemic, including PPE and medical devices.
The company is requesting assistance and participation from its network of partners, customers, and others within the additive manufacturing community who are in a position to help produce these parts to meet the urgent needs of the healthcare sector as they care for patients, and contain the spread of the virus.
Vyomesh Joshi, president and CEO, 3D Systems, said: “The healthcare industry is facing an unprecedented challenge. Each day the number of confirmed cases of COVID-19 increases, while resources to help fight this pandemic continue to dwindle. The healthcare professionals who are putting their lives on the line to treat affected patients soon will run out of the equipment needed to care for these patients or to keep themselves safe. One of the greatest benefits of additive manufacturing is that it allows companies to reduce the dependency on the supply chain, manufacture parts internally or make them on demand. And this is what we’re asking our network, and encouraging the industry to help us do right now – circumvent the supply chain to manufacture these PPE and life-saving devices as quickly as possible.”
On The Basis Of Product, The 3D Printing Plastics Market Is Primarily Split Into
ABS and ASA
On The Basis Of End Users/Application, This Report Covers
Aerospace and Defence
Regional Outlook of 3D Printing Plastics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
This allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences, and the vendor landscape of the overall market.
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Following are major Table of Content of 3D Printing Plastics Industry:
• 3D Printing Plastics Market Sales Overview.
• 3D Printing Plastics Market Sales Competition by Manufacturers.
• 3D Printing Plastics Market Sales Analysis by Region.
• 3D Printing Plastics Market Sales Analysis by Type.
• 3D Printing Plastics Market Analysis by Application.
• 3D Printing Plastics Market -Manufacturers Analysis.
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Global 3D Printing Plastics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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