Exactitude Consultancy published the final copy of the detailed research report on the 3D printing plastic Market.
3D printing plastic Market will witness a CAGR of 25% for the forecast period of 2023-2029 and is likely USD 2.39 billion in 2022 to reach at USD 17.81 billion by 2029.
3D printing plastic Market study performed by market reports insights that examine market growth prospects and opportunities. The research contains an industry summary, requirements, product description, goals, and industry analysis. The major goal of the research is to give broad exposure to industry competitors, market trends, growth rates, and other important statistics as well as the overall current market scenario. The report contains a comprehensive market and vendor landscape including a competitive analysis of the key vendors.
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It emphasizes market features such as main drivers, growth opportunities, risk factors, and challenges in the global market. This research will help businesses make profitable strategies and capital investments as it will allow them to develop their marketplace successfully in both global and regional markets.
Market Drivers
- Increasing demand from various end-use industries
3D printing technology is considered the most crucial disruptive technology of our time. Its customer base is constantly increasing in aerospace and military, healthcare, automotive, and electrical and electronics areas. Increased usage of 3D printing technology in these industries is predicted to lead to increased demand for 3D printing materials such as 3D printing polymers. Initially, 3D printing plastics suppliers were intermediaries that added value to things created with 3D printing technology.
Market Restraints:
- Concerns over the environment stemming from the disposal of 3D-printed plastic products
Rising environmental concerns about the disposal of plastic materials gobally are anticipated to impede the growth of the 3D printing plastics market during the forecast period. At first glance, 3D printing is a greener manufacturing process than conventional subtractive ones. 3D printers construct objects layer by layer, using only the necessary quantity of material. But when it comes to plastic waste, the accessibility of 3D technologies is a huge cause for concern.
Market Opportunities:
- Rising demand for bio-based 3D printing plastics grades
Castor seeds, palm oil, and starches are natural sources from which several 3D printing plastics, such as PA11, PA12, and PLA, are made. A bio-based PA12 made from palm oil will be available from Evonik AG. The development of bio-based grades of PA12 from palm oil is anticipated to help the growth of the 3D printing plastics market since palm oil is one of the main raw ingredients for bio-derived PA12, an essential powdered 3D printing material.
Prominent Key players of the 3D printing plastic Market survey report:
Historical data available in the report elaborates on the development of the 3D printing plastic on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.
Some Key Competitors of the Market are – 3D Systems Corporation, Stratasys, Ltd., Arkema SA, BASF SE, Evonik Industries AG, SABIC, HP Inc., DowDuPont Inc., Royal DSM N.V
Recent Developments
- October 2022: AML3D Australian metal 3D printing expanded its partnership with Boing aircraft manufacturer. Boeing tasked AML3D earlier this year with 3D printing aluminum prototype airplane components as part of an intensive testing procedure in which they were tested against the requirements of AS9100D quality assurance for ‘fly’ parts. Building on this contract, it has now been decided to broaden the scope of the project to include the provision of additional 3D-printed components, increasing the agreement’s value by 150%.
- October 2022: PostProcess Technologies and EOS have launched a distribution relationship to provide EOS clients with a fully automated and sustainable depowering solution. According to PostProcess, the Variable Acoustic Displacement (VAD) technology solution will complement the EOS printer product line and automate gross depowering for 3D printed parts. The partnership makes it easier for consumers to obtain post-printing solutions, allowing for complete process digitization.
- February 2022 – Imaginarium, one of the global leaders in 3D Printing solutions and advanced manufacturing technology, announced the launch of its desktop and industrial 3D printer range in partnership with 3D printing giant Ultimaker.
3D printing plastic Market Segmentation:
3D Printing Plastic Market by Type, 2023-2029, (USD Million, Thousand Units)
- Photopolymers
- ABS & ASA
- Polyamide/Nylon
- Polylactic Acid (PLA)
- Others
3D Printing Plastic Market by Form, 2023-2029, (USD Million, Thousand Units)
- Filament
- Ink
- Powder
3D Printing Plastic Market by End User, 2023-2029, (USD Million, Thousand Units)
- Automotive
- Medical (Prosthetics & Implants, Surgical Instruments)
- Aerospace & Defense
- Consumer Goods
3D printing plastic Market Regional Insights:
The country section of the report also provides individualistic market impacting factors and changes in regulation within the market internally that impacts the present and future trends of the 3D printing plastic Market. Data points like consumption volumes, price analysis, production sites and volumes, import export analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the preeminent pointers used to forecast the market scenario for individual countries.
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
What are the goals of the report?
- The predicted market size for the Market Industry at the conclusion of the forecast period is shown in this market report.
- The paper also analyses market sizes in the past and present.
- The charts show the year-over-year growth (percent) and compound annual growth rate (CAGR) for the given projected period based on a variety of metrics.
- The research contains a market overview, geographical breadth, segmentation, and financial performance of main competitors.
- The research evaluates the current situation of the industry in North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, as well as future growth opportunities.
- The study examines the future period’s growth rate, market size, and market worth.
Access the full report description, summary, figure table, graph, etc. at:
https://exactitudeconsultancy.com/post/3d-printing-plastic-market-growth/
Research Methodology:
Research methodology is a structured and organized approach to gathering and examining information for a specific purpose. The two fundamental types of research methods are secondary research and primary research. In secondary research, data are collected from published sources like scholarly journals, books, and company websites. It can help provide a broad perspective on a subject and identify significant trends and patterns. On the other hand, primary research involves collecting original data through surveys, focus groups, and interviews. While primary research can provide more accurate and relevant information, it is often more time-consuming and expensive compared to secondary research. Each method has its advantages and limitations, and choosing the right approach depends on the research objectives and available resources.
Impact of the 3D printing plastic market report:
-Comprehensive assessment of all opportunities and risks in the 3D printing plastic market.
-String Solar PV Inverters market recent innovations and major events.
-Detailed study of business strategies for growth of the market-leading players.
-Conclusive study about the growth plot of the 3D printing plastic market for forthcoming years.
-In-depth understanding of market-particular drivers, constraints, and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the 3D printing plastic market.
Table of Contents:
1 3D printing plastic Market Overview
2 Company Profiles
3 Market Competition, by Players
4 Market Size Segment by Type
5 3D printing plastic Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix
……Continue
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