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2025-2034 3D Printing Plastics Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
3D Printing Plastics
What Will the 3D Printing Plastics Industry Market Size Be by 2025?
In recent times, there has been a remarkable expansion in the 3D printing plastics market. The size of the market is predicted to escalate from $1.77 billion in 2024 to $2.2 billion in 2025, representing a compound annual growth rate (CAGR) of 24.4%. The substantial growth observed in the prior period can be credited to the booming healthcare sector, expansion in the aerospace industry, a surge in demand for personalized products, advancements in the manufacturing sector, and an increase in the demand for plastic.
What's the Long-Term Growth Forecast for the 3D Printing Plastics Market Size Through 2029?
The market for 3D printing plastics is projected to experience substantial expansion in the upcoming years, reaching a total value of $5.15 billion in 2029 with a compound annual growth rate (CAGR) of 23.7%. This growth during the forecast period can be linked to the expanding automotive industry, official approvals, the rising defense and military sector, and increasing construction activities. Key trends expected during this forecast period comprise the fusion of metal and plastic in printing, utilization of ecologically friendly and biodegradable 3D printing plastics, a focus on mass customization, the implementation of AI and generative design, and collaborations amongst various businesses.
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What Are the Key Growth Drivers Fueling the 3D Printing Plastics Market Expansion?
The 3D printing plastics market is set to flourish due to an uptick in dental procedures. Dental procedures encompass a diverse range of medical interventions and treatments carried out by dental professionals, including dentists and dental hygienists. These treatments are aimed at diagnosing, preventing, and treating a variety of oral health concerns and dental problems. 3D printing plastics come into play in these procedures by creating bespoke dental implants, crowns, bridges, and orthodontic devices with unparalleled precision and customisation for each patient. For example, NHS Digital, a government agency based in the UK, reported that in August 2022, there were 24,272 dental actions performed in the UK for the 2021-22 period, marking an increase of 539 as compared to the year previously. As a result, the upswing in dental procedures is fuelling the expansion of the 3D printing plastics market.
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What Are the Key Trends Driving 3D Printing Plastics Market Growth?
Leading organizations in the 3D printing plastics market are seeking to improve the versatility and efficiency of additive manufacturing methods by developing cutting edge products such as materials used in 3D printing. These materials are explicitly designed for use in manufacturing processes to build objects three-dimensionally, layer by layer. For instance, Jamplast, a prominent engineering polymer manufacturer based in the US, initiated 3DSHQ, a business unit exclusively dedicated to 3D printing materials and additive manufacturing, in August 2024. This business was set up in late 2023 with the aim of catering to a variety of sectors through the provision of a wide assortment of 3D printing materials, even providing sample sizes for consumers and research facilities. 3DSHQ offers both fused deposition modeling (FDM) filaments and pellets, and even a range of 3D printing machines suitable for recreational users and industrial experts.
How Is the 3D Printing Plastics Market Segmented?
The 3D printing plastics market covered in this report is segmented -
1) By Type: Photopolymers, ABS, PLA, Polyamide, Other Types
2) By Form: Powder, Filament, Ink
3) By Application: Prototyping, Manufacturing
4) By End-Use Industry: Aerospace and Defense, Healthcare, Automotive, Electronics and Consumer Goods, Other End-users
Subsegments:
1) By Photopolymers: Standard Resins, Tough Resins, Flexible Resins, Castable Resins, High-Temperature Resins
2) By ABS (Acrylonitrile Butadiene Styrene): Standard ABS, ABS with Enhanced Properties
3) By PLA (Polylactic Acid): Standard PLA, PLA Blends, Specialty PLA
4) By Polyamide (Nylon): Nylon 6, Nylon 12, Nylon 11, Nylon Blends
5) By Other Types: PETG (Polyethylene Terephthalate Glycol), TPU (Thermoplastic Polyurethane), PVA (Polyvinyl Alcohol, used for support structures), ASA (Acrylonitrile Styrene Acrylate), Other Specialized Plastics
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Which Companies Are Leading the Charge in 3D Printing Plastics Market Innovation?
Major companies operating in the 3D printing plastics market include 3D Systems Corporation, Stratasys Ltd., Arkema SA, Electro Optical Systems GmbH, Evonik Industries AG, Carbon Inc., Desktop Metal Inc., Divergent Group Ltd., Fast Radius Inc., Formlabs Inc., General Electric Company, Glowforge Inc., Hewlett-Packard, Markforged Holding Corporation, SprintRay Inc., 3D Fortify Inc., Optomec Inc., Ultimaker BV, XYZprinting Inc., Covestro AG, Badische Anilin- und Sodafabrik SE, Henkel AG & Co. KGaA, Solvay S.A., Saudi Basic Industries Corporation, DuPont de Nemours Inc., Shenzhen eSUN Industrial Co Ltd., Huntsman Corporation, CRP Technology, Materialise NV
Which Regions Are Leading the Global 3D Printing Plastics Market in Revenue?
North America was the largest region in the 3D printing plastics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the 3D printing plastic market share during the forecast period. The regions covered in the 3D printing plastics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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