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3D Printing Plastics Market share, Market trends, and forecasts from 2024 to 2031.

02-23-2024 07:16 PM CET | Arts & Culture

Press release from: Report Prime

3D Printing Plastics Market share, Market trends, and forecasts

Market Overview and Report Coverage

3D printing plastics are materials used in the additive manufacturing process to create three-dimensional objects. They are known for their versatility, durability, and affordability, making them ideal for a wide range of industries including aerospace, automotive, healthcare, and consumer goods.
The current outlook for the 3D printing plastics market is promising, with significant growth expected in the coming years. The market is projected to grow at a compound annual growth rate (CAGR) of 18.91% during the forecasted period. This growth can be attributed to the increasing adoption of 3D printing technology across various industries, as well as advancements in material science leading to the development of new and improved 3D printing plastics.
In the future, the 3D printing plastics market is expected to continue expanding as more companies invest in additive manufacturing technology and demand for customized, high-quality products rises. Additionally, as sustainability becomes a key focus for businesses, there is a growing interest in using biodegradable and recycled plastics for 3D printing, which could further drive market growth. Overall, the future of the 3D printing plastics market looks bright, with ample opportunities for innovation and growth.

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Market Segmentation
The 3D Printing Plastics Market Analysis by types is segmented into:
• ABS and ASA
• Photopolymers
• Polyamide/Nylon
• PLA
• Others

3D printing plastics market types include ABS and ASA, known for their durability and impact resistance; Photopolymers, used for high-detail applications like jewelry and dental implants; Polyamide/Nylon, valued for its strength and flexibility in engineering applications; PLA, a biodegradable option popular in the hobbyist market. Other types include PETG, TPU, and PC, each offering unique properties and applications in various industries such as automotive, aerospace, healthcare, and consumer goods.

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The 3D Printing Plastics Market Industry Research by Application is segmented into:
• Automotive
• Aerospace and Defence
• Consumer Goods
• Medical
• Maunfacturing
• Others

The 3D printing plastics market finds extensive application in various industries such as automotive, aerospace and defense, consumer goods, medical, manufacturing, and others. In the automotive sector, 3D printing plastics are used for rapid prototyping and production of lightweight components. In aerospace and defense, these materials are utilized for manufacturing complex parts with high precision. Consumer goods benefit from 3D printing plastics for customized products, while the medical industry uses them for producing implants and prosthetics. Manufacturing and other industries also leverage the versatility and efficiency of 3D printing plastics for various applications.

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In terms of Region, the 3D Printing Plastics Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global 3D Printing Plastics market?
Emerging trends in the global 3D printing plastics market include the increasing focus on sustainable and recycled materials, as well as the development of specialty and high-performance filaments for specific applications. Additionally, advancements in multi-material printing capabilities and the use of 3D printing for mass customization are driving growth in the market. The adoption of 3D printing in industries such as healthcare, aerospace, and automotive is also expanding, creating new opportunities for plastic manufacturers. Overall, the market is witnessing a shift towards more advanced materials and technologies to meet the growing demand for customized and sustainable manufacturing solutions.

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Major Market Players
3D Systems Corporation is a leading player in the 3D printing plastics market, offering a wide range of solutions for various industries such as healthcare, aerospace, and automotive. The company has a strong presence in the market with a history dating back to 1986. 3D Systems is known for its innovative product offerings and has witnessed steady market growth over the years.
Arkema is another key player in the 3D printing plastics market, providing advanced materials for additive manufacturing processes. The company has been focusing on developing sustainable solutions for the industry and has seen significant growth in recent years. Arkema's commitment to innovation has helped it gain a competitive edge in the market.
Stratasys is a well-established player in the 3D printing plastics market, offering a wide range of 3D printing solutions for various applications. The company has a history of consistent market growth and has established itself as a leading provider of additive manufacturing technologies.
In terms of market size, the 3D printing plastics market is growing rapidly with increasing adoption across various industries. The market size is expected to reach USD 4.9 billion by 2025, driven by advancements in technology and increasing demand for customized products.
As for sales revenue, 3D Systems Corporation reported a revenue of USD 636 million in 2020. Arkema recorded a revenue of USD 8.9 billion in the same year. Stratasys reported a revenue of USD 636 million in 2020 as well. These figures reflect the strong market presence and growth potential of these companies in the 3D printing plastics market.

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Contact Us:
Name: Mahesh Patel
Phone: +1 507 500 7209
Email: sales@reportprime.com

At ReportPrime.com, our vision is to revolutionize the market research industry by delivering unprecedented value to our clients through our audacious goal of providing unparalleled research quality, ethical practices, and affordability. We strive to empower businesses of all sizes with actionable, accurate, and unbiased insights that inform strategic decision-making, drive growth and innovation. We are committed to fostering a culture of excellence, integrity, and transparency, and to fostering lasting partnerships with our clients through affordability and dedicated client servicing.

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