3D Printing High Performance Plastic Market worth $362 million by 2028 | Key players Arkema (France), 3D Systems, Inc. (US), Markforged (US), Stratasys (US), Evonik Industries AG (Germany).

According to recent market research the "3D Printing High Performance Plastic Market by Type (PA, PEI, PEEK & PEKK, Reinforced HPP), Form (Filament & Pellet, Powder), Technology (FDM/FFF, SLS), Application, End-Use industry, and Region - Global Forecasts to 2028", is estimated at USD 123 million in 2023 and is projected to reach USD 362 million by 2028, at a CAGR of 24.0% from 2023 to 2028. The robust medical & healthcare, government support for aerospace & defense industries, and huge investments in research & development of novel high-performance plastics are triggering the growth of 3D printing high performance market.

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PA types that are majorly engineered and have heat distortion temperature higher than 150 degrees Celsius are considered in the study. Printed with PA powder, this material is also known as nylon. The PA structure comes from a polymer containing amide functions and is used in 3D printing in a variety of forms. In the powder form, PA is used in selective laser sintering (SLS). The large market share of PA is attributed to its properties such as wear-resistance, impact-resistance, low friction, and cost-efficiency. The material is processed with the well-known SLS technology and can include interlocking and interlinking parts. It can also be finished in various ways, including smoothed, dyed, spray-painted, and velvet finished. A wide variety of end-use products can be printed with the use of PA.

3D printers using the FDM technology require plastic filaments made up of various materials, such as PEEK & PEKK, PEI, PPSU, PES, PSU, PVDF, and reinforced plastics. These filaments are available in different lengths, colors, and diameters. PEI is one of the highest-performing thermoplastics in the industry with excellent mechanical, chemical, and thermal properties. PEEK & PEKK filaments offer excellent biocompatibility, superior chemical resistance, high dimensional stability, and high creep resistance, among other properties.

3D printing high performance plastics are mainly used in the prototyping application to showcase how the 3D-printed object looks. Prototyping is highly useful to develop and fabricate low-cost models at low costs and reduced time. Many companies are investing in partnerships to accelerate the adoption of 3D printing in prototyping applications. For instance, in June 2022, 3D Systems signed a MoU with AIPMA's AMTEC to promote the use of additive manufacturing in the plastics industry. On the other hand, 3D printing high performance plastics have found increased adoption in functional part manufacturing, especially in the aerospace & defense industry.

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3D printing has been widely accepted as a breakthrough technology that is expected to challenge the conventional forms of production practices. As of now, its impact has been limited to developed regions. The US has been the largest market for 3D printing, with a share of more than 25% globally. Major players in this technology, such as Stratasys, 3D Systems, Markforged, and HP, are based in this country. Europe has been another key market for the 3D printing technology and, consequently, 3D printing high performance plastics. The Asia Pacific is expected to be an emerging market for 3D printing high performance plastics due to the growing demand for high performance materials from the automotive, healthcare, and electrical & electronics industries in the region.

Prominent companies in the 3D printing high performance plastics market include Arkema (France), 3D Systems, Inc. (US), Markforged (US), Stratasys (US), Evonik Industries AG (Germany), Oxford Performance Materials, Inc. (US), EOS GmbH (Germany), Solvay (Belgium), SABIC (Saudi Arabia), BASF SE (Germany), Impossible Objects (US), Apium Additive Technologies GmbH (Germany), Ensinger (Germany), Victrex plc (UK), and CRP Technology S.r.l. (Italy).

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BASF is a leading chemical company. The company operates under 6 business segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. It offers acrylate through the functional chemicals business segment. The company's research is divided into three global divisions: Process Research & Chemical Engineering, Advanced Materials & Systems Research and Bioscience Research. It supplies products and services to 90,000 customers. The company holds one of the top three market positions in around 80% of the business areas in which it is active. The company operates 6 Verbund sites and 232 additional production sites across Europe, Asia Pacific, North America, South America, Central America, Middle East & Africa.

Arkema S.A. is one of the leading companies providing specialty materials. The company has expertise in material science and designs materials to address the ever-growing demand for innovative and sustainable materials. The company operates through four business segments, namely adhesive solutions, advanced materials, coating solutions, and intermediates, and provides acrylate under the coating solution segment. Arkema S.A. serves various industries, including agriculture and food, automotive, transportation and aerospace, building and construction, electronics and electricals, chemicals and plastics, pulp and paper, and oil and gas.

The company has a strong global presence, operating through 44 plants and 5 R&D centers in North America, 60 plants and 7 R&D centers in Europe, and 44 plants and 4 R&D centers in Asia Pacific and the rest of the world. In 2022, the company filed 205 patents, 92% of which were related to sustainable development.

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