3D Printing Plastics Market worth $4.65 billion by 2030, growing at a CAGR of 19.99% - Exclusive Report by 360iResearch

The "3D Printing Plastics Market by Form (Filament, Liquid/Ink, Powder), Product Type (Acrylonitrile Butadiene Styrene, Photopolymer, Polyamide), Technology, Industry - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global 3D Printing Plastics Market to grow from USD 1.29 billion in 2023 to USD 4.65 billion by 2030, at a CAGR of 19.99%.

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3D printing plastics are a category of specially formulated polymer materials that are used as feedstock in 3D printing processes. These plastics are designed to be pliable and workable under specific conditions, typically when heated, to enable their layer-by-layer deposition to form three-dimensional objects. Common materials within this class include acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), polyethylene terephthalate glycol (PETG), and a variety of photopolymer resins, each with distinct properties tailored to different applications. 3D printing plastics must possess characteristics such as consistent flow rates, appropriate melting points, and adequate strength post-printing to ensure the utility and durability of the printed objects. Innovations in printing technology and materials science have expanded the range of plastic materials suitable for 3D printing. Moreover, decreased production costs and reduced waste have made 3D printing an increasingly economical manufacturing option. However, environmental costs associated with 3D-printed plastic objects may hamper the market growth. Nevertheless, the development and expanding demand for bio-based and composite grades of 3D printing plastics is expected to provide an opportunistic view for the market.

Industry: Proliferation of high performance thermoplastics such as PEEK and ULTEM in aerospace and defense sectors

The aerospace and defense sectors utilize 3D printing plastics due to their ability to reduce weight, thereby enhancing aircraft fuel efficiency and performance. High-performance thermoplastics such as PEEK and ULTEM are favored for their high strength-to-weight ratios, thermal resistance, and ability to withstand the harsh operating conditions often encountered in aerospace environments. These plastics are used for prototyping and producing functional components, such as ductwork, cabin interiors, and even critical parts in engines and structural components. In the automotive industry, 3D printing plastics revolutionize how parts are designed, tested, and manufactured. The flexibility of 3D printing technology allows for rapid prototyping, accelerating the innovation process and enabling a quicker transition from design to production. These materials facilitate the production of complex, lightweight, and high-quality parts such as dashboard components, fixtures, and even entire body panels. The electrical and electronics industry heavily relies on 3D printing plastics to develop and house components due to the material's excellent insulating properties. Polymers such as Polylactic Acid (PLA) and Acrylonitrile Butadiene Styrene (ABS) are commonly used for their electrical insulation, heat resistance, and ease of finishing. 3D printing allows manufacturers to produce complex geometries required in electronic housings, connectors, and enclosures with reduced assembly steps. Healthcare is one of the sectors most impacted by the advent of 3D printing plastics. Medical-grade polymers such as PEEK, polycarbonate, and PETG are customized to create patient-specific implants, prosthetics, and anatomical models for surgical planning. These plastics must comply with stringent biocompatibility regulations, ensuring they are safe for direct human contact. The ability to print 3D devices and components enables the personalization of a patient's anatomy, which can lead to improved surgical outcomes and patient comfort.

Form: Growing usage of powder materials owing to their mechanical properties and functionality in end-use parts

In three-dimensional (3D) printing, the filament is a primary form of plastic material that is used extensively in a process known as Fused Deposition Modeling (FDM) or Fused Filament Fabrication (FFF). The filament is a thermoplastic material that is heated and extruded through a nozzle, building objects layer by layer on the print bed. The standard diameters for these filaments are 1.75mm and 2.85mm, which accommodate the vast majority of desktop 3D printers. Liquid or resin-based 3D printing involves technologies such as Stereolithography (SLA), Digital Light Processing (DLP), and Continuous Liquid Interface Production (CLIP). In these processes, photopolymerization is used, wherein light sources, such as lasers or projectors, harden liquid plastic resin layer-by-layer to form the desired object. The resin is a viscous polymer composition that becomes solid when exposed to a specific light wavelength. The resolution is typically higher in this printing form than in filament-based applications, making it suitable for intricate prototypes, dental applications, and detailed models. The market is cognizant of the need for resins that exhibit diverse material properties, including toughness, flexibility, and transparency, and the need to overcome limitations such as brittleness and susceptibility to environmental degradation. Powder-based 3D printing encompasses several different techniques, such as Selective Laser Sintering (SLS), Multi Jet Fusion (MJF), and Direct Metal Laser Sintering (DMLS). Powder materials are valued for their mechanical properties and functionality in end-use parts. Innovations in material science are expanding the capabilities and reducing the cost of powder for 3D printing, aiming to make these materials more competitive with traditional manufacturing methods.

Regional Insights:

In the Americas, the United States leads the 3D printing plastics market due to its well-established aerospace, automotive, and healthcare sectors, which frequently employ 3D printing technology. The presence of major industry players and technological innovators in the U.S. significantly drives the market growth. Additionally, advancements in 3D printing technologies and governmental investments in R&D contribute to the expanding market. Countries including Canada and Brazil also show a significant interest in 3D printing technologies, primarily due to the growth in their manufacturing sectors and the increasing adoption of cutting-edge industrial techniques. In the EMEA region, the European market is driven by technological advancements, increased R&D activities, and the presence of a large industrial base. Various regions, including Germany, are frontrunners due to their strong automotive and manufacturing industries. The region has seen significant investments in the development of eco-friendly and high-performance plastics for 3D printing applications. In the Middle East and Africa, the market is still nascent, showing potential growth prospects with increased investments in infrastructure that foster the adoption of 3D printing technologies. The Asia Pacific region depicts an opportunistic growth prospect for the 3D printing plastics market, propelled by an expanding manufacturing sector and technological advancements. Major economies in the region including China, Japan, South Korea, and India are leading this growth, driven by a substantial increase in 3D printed electronics, automotive components, and healthcare products. The region's strong emphasis on industrial automation and a growing consumer electronics industry also contribute to market expansion. In addition, investments in R&D to develop advanced materials further bolster the 3D printing plastics market in the Asia Pacific.

Market Segmentation & Coverage:

This research report categorizes the 3D Printing Plastics Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Form, market is studied across Filament, Liquid/Ink, and Powder. The Filament commanded largest market share of 62.53% in 2023, followed by Powder.

Based on Product Type, market is studied across Acrylonitrile Butadiene Styrene, Photopolymer, Polyamide, Polyethylene Terephthalate Glycol, and Polylactic Acid. The Photopolymer commanded largest market share of 32.77% in 2023, followed by Polyamide.

Based on Technology, market is studied across Digital Light Processing, Electronic Beam Melting, Fused Deposition Modeling, Laminated Object Manufacturing, Selective Laser Melting, and Selective Laser Sintering. The Fused Deposition Modeling commanded largest market share of 35.19% in 2023, followed by Digital Light Processing.

Based on Industry, market is studied across Aerospace & Defense, Automotive, Electrical & Electronics, and Healthcare. The Aerospace & Defense commanded largest market share of 31.44% in 2023, followed by Automotive.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 34.56% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the 3D Printing Plastics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the 3D Printing Plastics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the 3D Printing Plastics Market, highlighting leading vendors and their innovative profiles. These include 3D HUBS B.V., 3D Systems Corporation, Apium Additive Technologies GmbH, Arkema S.A., BASF SE, Dream Polymers, DuPont de Nemours, Inc., EOS GmbH, Evonik Industries AG, Henkel AG & Co. KGaA, HP Inc., INTAMSYS Technology Co. Ltd., Javelin Technologies Inc., Koninklijke DSM N.V., LEHVOSS Group, Materialise NV, Nantong NTEC Monofilament Technology Co.,Ltd, RapidMade Inc., Saudi Basic Industries Corporation, Shenzhen Kings 3D Printing Technology Co.,Ltd., Solidspace Technology LLP, Solvay S.A., Stratasys, Ltd., Torwell Technologies Co., Ltd., and Xometry, Inc..

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. 3D Printing Plastics Market, by Form
7. 3D Printing Plastics Market, by Product Type
8. 3D Printing Plastics Market, by Technology
9. 3D Printing Plastics Market, by Industry
10. Americas 3D Printing Plastics Market
11. Asia-Pacific 3D Printing Plastics Market
12. Europe, Middle East & Africa 3D Printing Plastics Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the 3D Printing Plastics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the 3D Printing Plastics Market?
3. What is the competitive strategic window for opportunities in the 3D Printing Plastics Market?
4. What are the technology trends and regulatory frameworks in the 3D Printing Plastics Market?
5. What is the market share of the leading vendors in the 3D Printing Plastics Market?
6. What modes and strategic moves are considered suitable for entering the 3D Printing Plastics Market?

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