3D Printing Plastics Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2019 – 2023

Market Insight:

The role of 3D Printing Technology is vital and is developing rapidly with the introduction of various types of polymers and materials from printing purposes. Market reports associated with chemical and Material Industry have been presented by Market Research Future. It states that the Global 3D Printing Technology is anticipated to reach a valuation of USD 1,700 Mn at a CAGR of 23.3% during the forecast period of 2017-2023. Later in 2017, the market was valued USD 530.5 Mn in 2017.

The extensive demand for 3D printing as prototypes or additive under the control of computers is observed in various end-use industries. These factors are remarkably contributing to the expansion of the market over the forecast period.

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Key Players:

The market contenders such as 3D Systems, Inc. (US), BASF SE (Germany), Stratasys Ltd. (US), Royal DSM N.V. (The Netherlands), SABIC (Saudi Arabia), Evonik Industries AG (Germany), EOS GmbH Electro Optical Systems (Germany), HP Development Company, L.P. (US), Materialise (Belgium), Clariant (Switzerland), DowDuPont, Inc. (US), CRP Group (US), Arkema Group (France), ENVISIONTEC, INC. (Germany), and Oxford Performance Materials (US) are expected to develop the market significantly in the forecast period.

Industry News:

25 July 2019: Belfast based medical 3D printing firm, axial 3D, has raised $3M to support the company’s expansion into the United States (US) through a funding round.

Market Drivers & Trends:

The elevating demand observed for 3D Printing Plastics components for various purposes such as casting, fabrication, and manufacturing of various objects is creating significant traction for the growth of the market during the assessment period. The ongoing industrial advancements and integration of crucial polymer manufacturers are also to bolster market growth.

The rise in the demand for 3D Printing Plastic is spurred by composite grades that are found in several industrial applications. Apart from this, the demand from bio-based alternatives for 3D Printing Plastic is also escalating the market growth in remarkable ways.

On the other hand, factors such as the evolving 3D printing technologies and the increased cost of production of commercial grades of 3D Printing Plastics could provide inevitable setbacks to the growth of the Global 3D Printing Plastics Market over the assessment period. On the flip side, factors such as lack of adoption of new technologies mainly in evolving region such as Asia Pacific, Middle East & Africa and the environmental regulations associated with the disposal of 3D Printed Plastic products could hinder the development of the market during the forecast period.

Market Segmentation:

The segmentation of 3D Printing Plastics Market is carried out based on Type, Form, Application, and End-Use Industry.

In terms of Type: Includes acrylonitrile butadiene styrene, photopolymer, polyamide, polylactic acid many others. Among these, the photopolymer segment was attributed with the principal market share in 2017, and now it is anticipated to be among the rapidly growing markets throughout the forecast period.

In terms of Form: Includes segments such as filament, powder, liquid, and ink. Of them, the filament segment led the 3D Printing Plastics Market from 2017, whereas now the powder segment is anticipated to record the highest CAGR in the impending years.

In terms of Application: Includes prototyping and manufacturing segments, where prototyping segment had major control over the year 2017. Currently, the manufacturing segment is bolstering to develop at a higher CAGR in the foreseen years.

In terms of End-Use Industry: Includes segments of Aerospace & Defense, Automotive, Healthcare, Electrical & Electronics. Among these, the healthcare segment held the significant market share from 2017 and is likely to expand at a high CAGR during the forecast period.

Detailed Regional Outlook:

The Key Regions shaping the Global 3D Printing Plastics Market growth are Asia Pacific, Europe, North America, Latin America, Middle East, and Africa.

Among them, the North American region attributed having the largest market share in the printing plastics market owing to the established competitors in the region along with wide demand for 3D Printed Plastics. Also, the positive adoption activities for 3D printing technologies project the rate of market growth in this region.

The Asia Pacific market has also observed to be the fastest-growing region in the 3D Printing Plastics Market in the forecast period. The escalating demand is stemming from end-use industries in the market, which is pushing the development of the market in the approaching years.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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3D Printing Plastics Market Price Trend, Global Analysis, Size Estimation, Industry Share, Future Growth and Forecast 2019 to 2023

3D Printing converts digital files into three-dimensional objects through a process called additive manufacturing. With the introduction of various polymers and materials, 3D printing technology is scaling new heights. 3D Printing of recycled plastics is a trend that is gaining huge traction amidst growing concern related to environmental degradation and sustainability goals. Market Research Future (MRFR) has thoroughly studied the trends and patterns governing the Global 3d Printing Plastics Market over the forecast period of 2017-2023 in an extensive study. MRFR has projected that the 3D Printing Plastics Market is likely to attain a valuation of USD 1700 Mn at a splendid CAR of 23.3% by the end of 2023.

Plastic is a highly versatile material due to which it finds extensive application as a 3D printing medium. They exhibit good chemical resistance, flexibility, abrasion resistance, ability to absorb shocks and rigidity. The manufacturing sector presents massive opportunities for the growth of the 3D Printing Plastics Market. 3D Printing Plastics Market derives massive growth from the manufacturing of various parts production such as functional parts, visual aids, and prototypes. They are highly preferred owing to the cost advantage they provide as compared to other materials. This is further complemented by the rapid increase in purchasing capacities of consumers across the globe.

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3D Printing Plastics are extensively used in the manufacture of gears, aircraft components, automotive parts, robotics, medical prostheses, and injection molds which induce high demand within the 3D Printing Plastics Market. Increasing demand for lightweight components across various industries has driven the market.

The availability of bio-based and recycled 3d Printing Plastics is expected to boost the growth of the market since they align with the regulatory requirements and sustainability measures. Advances in material science allow more agile designs and rapid product iterations.

On the contrary, the growth of the 3D Printing Plastics Market might be impeded by the high cost of production and low adoption rate in emerging economies. Moreover, environmental regulations surrounding the disposal of 3D Printed Plastic products may pose a challenge to market growth.

Competitive Landscape:

Arkema Group (France), Stratasys Ltd. (U.S.), BASF SE (Germany), SABIC (Saudi Arabia), DowDuPont, Inc. (U.S.), Clariant (Switzerland), Materialise (Belgium), CRP Group (U.S.), EOS GmbH Electro Optical Systems (Germany), ENVISIONTEC, INC. (Germany), Evonik Industries AG (Germany), 3D Systems, Inc. (U.S.), Royal DSM N.V. (The Netherlands), and HP Development Company, L.P. (U.S.) are distinguished players in the 3D Printing Plastics Market.

Industry Updates:

April 2019 - Nefilatek, a maker of eco-friendly 3D printing filament, has developed 3D printing filaments sourced from 100% recycled plastics.

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Segmentation:

The Global 3D Printing Plastics Market has been segmented based on Type, Form, Application, and End-Use Industry.

By Type, the 3D Printing Plastics Market has been segmented into acrylonitrile butadiene styrene, photopolymer, 

polyamide, polylactic acid among others. The photopolymer segment dominated the market in 2017 and is expected to expand rapidly over the forecast period.

By Form, the 3D Printing Plastics Market has been segmented into filament, powder, liquid, and ink. The filament segment dominated the market in 2017 and is expected to capture the highest CAGR over the forecast period.

By Application, the 3D Printing Plastics Market has been segmented into prototyping and manufacturing. The prototyping segment led the market in 2017 while the manufacturing segment is expected to register the highest CAGR over the forecast period.

By End-Use Industry, the 3D Printing Plastics Market has been segmented Aerospace & Defense, Automotive, Healthcare, Electrical & Electronics. The healthcare segment accounted for the largest share of the market in 2017 and is likely to expand rapidly over the forecast period.

Regional Analysis:

By Region, the Global 3D Printing Plastics Market has been segmented into North America, Latin America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA).

North America is spearheading the Global 3D Printing Plastics Market. The presence of major key players in the region coupled with heightened demand for 3D printed plastics from various end-use industries is boosting the market growth. Moreover, rapid technological advances and the high adoption rate of such technologies is also favoring the growth of the market. Heightened demand for lightweight 3D printed plastics from the defense and aerospace industry in the region is a key growth enhancer.

The APAC 3D Printing Plastics Market is expected to showcase the fastest growth rate over the forecast period. Escalating demand from end-use industries which are witnessing continued progress is pushing the market further.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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3D Printing Plastics Market Size, Top Companies, Demand/Supply Analysis and Future Market Trends 2019-2023

Market Synopsis:

Market Research Future postulates that the Global 3D Printing Plastics Market is estimated to garner USD 1,700 million, grabbing a CAGR of 23.3% throughout the forecast period (2016-2023). 3D Printing is referred to as a manufacturing process where an object is synthesized in three dimensions by layering materials in succession from a predefined computer file comprising the digital 3D model. The objects can be formed of any shape and can be created by created by using digital model data from a 3D model or any electronic data source like additive manufacturing file.

Industry Updates:

February 11, 2019: The Refabricator, a 3D printer, allows the astronauts to create tools of their specifications, without having to wait for months for items to be brought down from the earth. The Refabricator can recycle the things it has already printed and turn them again into new materials. It can also create the raw 3D printer filament from old packaging supplies, like plastic shipping materials from NASA, which uses to pack its cargo for its trip to space.

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Competitive Dashboard:

The prominent players operating the Global 3D Printing Plastics Market are Stratasys Ltd. (the U.S.), L.P. (the U.S.), Arkema Group (France), EOS GmbH Electro Optical Systems (Germany), Materialise (Belgium), CRP Group (the U.S.), 3D Systems Inc. (the U.S.), SABIC (Saudi Arabia), Evonik Industries AG (Germany), Royal DSM N.V. (The Netherlands), ENVISIONTEC INC. (Germany), DowDuPont Inc. (the U.S.), Oxford Performance Materials (the U.S.), Clariant (Switzerland), HP Development Company, and BASF SE (Germany).

Market Potential and Pitfalls:

With the advent of several types of materials and polymers that are used for printing purposes, 3D Printing is developing at a rapid pace. 3D Printing of the 3-dimensional objects as additive or prototype manufacturing under the control of computers is carried out extensively in several end-user industries. This has resulted in a remarkable expansion of the 3D printing plastics market across the globe. With the rising utilization of recycled plastics as a printing material in the 3D printers, coupled with the augmenting demand for 3D printed plastic components for fabrication, casting, and manufacturing of objects, the 3D Printing Market is estimated to propel throughout the appraisal period. The accelerating popularity of 3D Printing Technology in science, automotive, and industrial sector is likely to trigger the demand for 3D Printing Plastics across the globe. The demand for bio-based alternatives is also amplifying, thereby contributing to the market growth to a large extent. Additional factors gearing up the market growth are the augmenting demand for composite grades of 3D printing plastics in industrial applications.

On the contrary, lack of adoption of latest technologies in emerging regions such as the Middle East & Africa and the Asia Pacific, coupled with the environmental mandates imposed on the disposal of 3D printed plastic products are some of the major concerns considered to slow down the market growth throughout the assessment period.

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Global 3D Printing Plastics Market: Segmental Analysis

The Global 3D Printing Plastics Market has been segmented on the basis of Type, Form, Application and End-Use Industry.

By Mode of Type, the Global 3D Printing Plastics Market has been segmented into acrylonitrile butane styrene, photopolymer, polylactic acid, polyamide, and others. Among these, the photopolymer segment is predicted to occupy the larger share of the market.

By Mode of Form, the Global 3D Printing Plastics Market has been segmented into powder, filament, and liquid/ink. Among these, the filament segment is predicted to occupy the largest market share as this segment has a high demand both in general as well as in the commercial applications.

By Mode of Application, the Global 3D Printing Plastics Market has been segmented into manufacturing and prototyping. Among these, the prototyping segment is predicted to occupy the largest market share and generate high demand across several end-use industries.

By Mode of End-Use Industry, the Global 3D Printing Plastics Market has been segmented into aerospace & defense, healthcare, electrical & electronics, and automotive. Among these, the healthcare segment is considered to account for the largest market share owing to the augmenting demand for 3D printing in orthopedics, medical devices and equipment, and dental implants.

Regional Insights:

Geographically, 3D Printing Plastics Market spans across regions namely, Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

Among all the regions, North America is likely to account for the largest market share. The growth is attributed to the presence of established competitors in this region. Also, with the escalating demand for 3D printed plastics, the market in this region is estimated to flourish. Moreover, the positive adoption rates of this technology are likely to augment the growth in the coming years.

The Asia Pacific region is considered to be the fastest growing region during the appraisal period. The growth is credited to the rising demand stemming from the end-user industries. China is considered as a major consumer of 3D Printing Plastics.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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3D Printing Plastics Market | Research Insights, Business Outlook, Company Profiles, Trends and Forecast 2019-2023

Market Snapshot:

3D Printing Technology is developing rapidly with the introduction of different types of polymers and materials that can be used for printing purposes. 3D printing of 3-dimensional objects as prototypes or additive manufacturing under the control of computers is being carried out at a large extent in various end-use industries, which is resulting in the remarkable expansion of the Global 3D Printing Plastics Market at a CAGR of 23.3% during the forecast period of 2017-2023. The Global 3D Printing Plastics Market is poised to reach the valuation of USD 1,700 Mn by the end of the forecast period from USD 530.5 Mn in 2017. Utilization of recycled plastic as a printing material in 3D printers and increasing demand for 3D printed plastic components for casting, fabrication and manufacturing various objects are propelling the growth of the Global 3D Printing Plastics Market during the assessment period.

Report Coverage:

The research report on the Global 3D Printing Plastics Market covers current market dynamics, historical market trends, market value on the basis of segmentation and region, country-level breakdown of every segment, competitive landscape that includes key players' market share analysis and supply chain analysis.

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Competitive Analysis:

The competition in the market is increasing steadily as new contenders are entering the market. The increasing popularity and demand for 3D printing on plastics is anticipated to modify the market favorably in the forecast period. The cost-effectiveness of 3D printing on plastic is expected to benefit the market’s expansion in the forecast period positively. Moreover, the innovations in the market are expected to reflect positively on the market’s progress in the coming years.

The market contenders such as 3D Systems, Inc. (US), BASF SE (Germany), Stratasys Ltd.  (US), Royal DSM N.V. (The Netherlands), SABIC (Saudi Arabia), Evonik Industries AG (Germany), EOS GmbH Electro Optical Systems (Germany), HP Development Company, L.P. (US), Materialise (Belgium), Clariant (Switzerland), DowDuPont, Inc. (US), CRP Group (US), Arkema Group (France), ENVISIONTEC, INC. (Germany), and Oxford Performance Materials (US) are expected to modify the market greatly in the forecast period.    

Research Methodology:

MRFR employs its iterative and multi-layered research module to ensure the deliverance of in-depth market foresight. The meticulous analysis of market is carried out by studying the current as well historical trends in the global market, consumer landscape, growth opportunities and restraints. Primary and secondary research processes are employed for qualitative and quantitative analysis of the market. Primary data is garnered by conducting surveys and personal interviews with the key opinion makers across the value chain and is verified by utilizing secondary research processes which include inputs from white paper references, SEC filings, paid databases, research publications and other credible sources available in public domain. The combination of top down and bottom up approaches provides accuracy and objectivity to the research findings.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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3D Printing Plastics Market 2019 | Trends, Drivers, Strategies, Applications and Competitive Landscape 2023

Global 3D Printing Plastics Market – Overview

The versatility of plastic as a printing medium has boosted its application rate in the 3D Printing Market. The analysis revealed by MRFR states that the market will expand at a CAGR of 23.3% while achieving revenues worth USD 1,700 Million by the end of the forecast period. The increasing popularity of 3D printing technology in end-use industries such as automotive, science and industrial sectors is expected to modify the demand for the 3D Printing Plastic Market in the upcoming years.

The industrial advancements and forward integration of key polymer manufacturers is also adding to the growth trajectory that is being exhibited by the market. The rising demand being observed for composite grades of 3D Printing Plastic in several industrial applications is proving to be a positive influence on the development of the market. The amplifying demand for bio-based alternatives for 3D Printed Plastics is expected to boost the development of the market. The evolving 3D Printing technologies and the increased production cost of commercial grades of 3D printing plastics may provide certain setbacks to the growth of the market. However, the lack of adoption of new technologies in emerging economies like Asia Pacific, Middle East & Africa and the environmental regulations related to the disposal of 3D Printed Plastic products might hamper the development of the market in the upcoming forecast period.

Segmental Analysis:

The segmentation of the 3D Printing Plastics Market is carried out on the basis of Type, Form, Application, End-Use Industry and Region.

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On the basis of Type, the market is segmented into acrylonitrile butadiene styrene, photopolymer, polyamide, polylactic acid among others. The photopolymer segment is accredited with the principal market share in 2017, and the polyamide segment is anticipated to be among the rapidly growing market throughout the forecast period.

Based on Form, the market is segmented into filament, powder, liquid and ink. The filament segment dominated the 3D Printing Plastics Market from 2017 and the powder segment is expected to record the highest CAGR in the approaching years.

On the basis of Application, the market is divided into prototyping and manufacturing. The prototyping segment controls the major market share in 2017 and the manufacturing segment is expected to develop at a high CAGR through the forecast period.

On the basis of End-Use Industry, the market comprises of Aerospace & Defense, Automotive, Healthcare, Electrical & Electronics. The healthcare segment of the market held the major market share from 2017 and is likely to expand at a high CAGR through the forecast period. The Regions shaping the market’s growth are Asia Pacific, Europe, North America, Latin America, Middle East, and Africa.

Detailed Regional Analysis:

The regional analysis of the 3D Printing Plastics covers regions such as Asia Pacific, Europe, North America, Latin America, Middle East and Africa. The North American region accounted for the largest market share in the printing plastics market due the presence of established competitors in the regions along with escalating demand for 3D Printed Plastics. The positive adoption rates of 3D printing technologies are projected to spur the growth of the market further. The Asia Pacific market is observed to be the fastest rising region in the 3D Printing Plastics Market in the forecast period. Improved demand stemming from end-user industries in the market is expected to push the development of the market in the upcoming period.

Competitive Analysis:

The competition in the market is increasing steadily as new contenders are entering the market. The increasing popularity and demand for 3D printing on plastics is anticipated to modify the market favorably in the forecast period. The cost-effectiveness of 3D printing on plastic is expected to benefit the market’s expansion in the forecast period positively. Moreover, the innovations in the market are expected to reflect positively on the market’s progress in the coming years.

The market contenders such as 3D Systems, Inc. (US), BASF SE (Germany), Stratasys Ltd. (US), Royal DSM N.V. (The Netherlands), SABIC (Saudi Arabia), Evonik Industries AG (Germany), EOS GmbH Electro Optical Systems (Germany), HP Development Company, L.P. (US), Materialise (Belgium), Clariant (Switzerland), DowDuPont, Inc. (US), CRP Group (US), Arkema Group (France), ENVISIONTEC, INC. (Germany), and Oxford Performance Materials (US) are expected to modify the market greatly in the forecast period.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact: Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com