San Francisco, 12 December 2018: The Report 3D Printing Plastics Market Size, Share & Trends Analysis Report By Type
(ABS & ASA, Photopolymers, Polyamide/Nylon, PLA), By Form (Filament, Ink,
Powder), By Application, And Segment Forecasts, 2018 – 2025
The global 3D printing plastics market size
is likely to reach USD 1.98 billion by 2025, according to a new study by Grand
View Research, Inc., rising at a CAGR of 24.9% during the forecast period.
Spiraling demand for 3D printing plastics, particularly from the medical and
aerospace & defense industries, is anticipated to contribute to the growth
of the market during the forecast period.
The 3D printing plastics market is
benefitting from favorable government support in key economies such as the U.S.
and China. 3D printed products assist significantly in attaining economies of
scale through consumption of lesser lead time, reduced costs, and mitigated
risks. 3D plastics also allows easier customization as per consumer needs.
Thus, there is an upsurge in the demand for 3D printing plastics from various
end use industries such as automotive, medical, and electrical &
electronics.
Adoption rate of 3D printing is poised to
witness sharp rise across several new end user industries, which in turn is
expected to lead to higher demand for printing materials such as plastics.
Functional prototyping, tooling, and designing have enabled extensive
applications of 3D printing across newer application areas.
Consumer goods is emerging as a significant
application of 3D plastic products on account of reduced lead time offered by
additive manufacturing techniques. Innovative additive manufacturing solutions
enable production of designer parts with complex geometries, thus, facilitating
manufacturers to cater to rising consumer needs for personalized
parts.Photopolymers was the dominant plastic segment in terms of both revenue
and volume in 2017.
Heightened demand for photopolymers can be
attributed to high consumption in production of industrial prototypes through
the utilization of SLA technology. Polyamide/Nylon is estimated to experience the
fastest growth rate during the forecast period on account of rising demand from
both domestic as well as commercial applications. Use of polyamide/nylon is
accompanied by laser sintering technology.
Access
Research Report of 3D Printing Plastics Market @ www.grandviewresearch.com/industry-analysis/3d-printing-plastics-market
Further
key findings from the repot suggest:
· North America will be the dominant regional
market in the global arena in terms of revenue throughout the forecast period,
while Asia Pacific is projected to register the highest CAGR of 26.7% during
the same period. Favorable government policies in Asia Pacific region
particularly in China and India are likely to drive market growth
· Photopolymers was the largest type segment
in the global 3D printing plastics market in 2017. Photopolymers are used
extensively across several end-user industries as it acts as a binder,
additive, colorant, plasticizer, and chemical agent in the 3D printed product
· In April 2018, 3D Systems Corporation participated
in RAPID+TCT 2018 held in the U.S. Product portfolio of the company consisted
of several solutions, which would aid manufacturers in switching from
prototyping to production and to recognize their competitive advantages. Figure
4™ platform demonstrates optimum throughput and accuracy necessary for
production of plastic part.
Browse more reports of this category by Grand View Research
at: www.grandviewresearch.com/industry/advanced-materials
Grand View Research has segmented the
global 3D printing plastics market on the basis of type, form, application, and
region:
3D Printing Plastics Type Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Photopolymers
·
ABS & ASA
·
Polyamide/Nylon
·
Polylactic acid
·
Others
3D Printing Plastics Form Outlook (Volume,
Tons; Revenue, USD Million, 2014 - 2025)
·
Filament
·
Ink
·
Powder
3D Printing Plastics Application Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
Automotive
·
Medical
·
Aerospace & Defense
·
Consumer Goods
3D Printing Plastics Regional Outlook
(Volume, Tons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
3D Printing Plastics Market@ www.grandviewresearch.com/press-release/global-3d-printing-plastics-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
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