New York, United States, Jan. 17, 2023 (GLOBE NEWSWIRE) -- According to a research report published by Spherical Insights & Consulting, The Global 3D Printing Plastics Market Size to grow from USD 786.9 million in 2021 to USD 5375.33 million by 2030, at a Compound Annual Growth Rate (CAGR) of 23.8% during the forecast period. The 3D printing plastics market has grown due to the increase in technological advancements and the use of 3D printing plastic in various end-user industries. There are advancements in new technologies to help ease the 3D printing plastics experience people, which is expected to provide growth opportunities for the market during the forecast period.
Key Insights
- The global 3D printing plastics market was valued at USD 786.9 Million in 2021.
- The market is growing at a CAGR of 23.8% from 2022 to 2030
- The global 3D printing plastics market is expected to reach USD 5375.33 Million by 2030
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View a detailed Table of Content here–
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Global 3D Printing Plastics Market Share Size, and COVID-19 Impact Analysis, By Type (Ceramic, Plastics, Metals and Others), By Form (Powder, Filament and Liquid), By Application (R&D, Prototyping and Manufacturing), By End User (Healthcare, Automotive, Consumer Goods, Aerospace & Defense and Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030.“in detail along with the table of contents. https://www.sphericalinsights.com/reports/3d-printing-plastics-market
The plastics segment to account for the largest market size during the forecast period
Based on the type, the 3D printing plastics market is categorized into ceramic, plastics, metals and others. The plastics segment to account for the largest market size during the forecast period. Plastic market growth will be fueled by increasing demand for 3D printing technology and high-performance materials from aerospace, automotive, and military industries.
The filament segment to hold a higher CAGR during the forecast period
Based on the form, the 3D printing plastics market opportunities is categorized into. Powder, filament and liquid. The filament segment to hold a higher CAGR during the forecast period. Filaments' unique properties and high melting temperatures, as well as their use in props, fixtures, toys, assembly components, and educational models, have mostly led to the rapid growth of this market segment.
The prototyping segment to hold a higher CAGR during the forecast period
Based on the application, the 3D printing plastics market growth is categorized into R&D, prototyping and manufacturing. The prototyping segment to hold a higher CAGR during the forecast period. 3D printing plastics are typically used for prototyping to show off the appearance of the finished 3D-printed object.
The healthcare segment to hold a higher CAGR during the forecast period.
Based on the end user, the 3D printing plastics industry is categorized into healthcare, automotive, consumer goods, aerospace & defence and others. The healthcare segment to hold a higher CAGR during the forecast period. As diseases such as vascular and osteoarthritis increase, 3D-printed plastics are becoming increasingly desirable for medical applications.
Report Scope
Report Metric | Details |
Market Size 2030 | USD 5375.33 million |
CAGR | 23.8% (2020-2030) |
Historical Data | 2019-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Forecast Units | Value (USD Million) |
Segments Covered | By Type, By Form, By Application, By End-User, By Region |
Report Coverage | Drivers, Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Geographies Covered | North America, Europe, Asia-Pacific, Latin America, the Middle East, Africa and Rest of the World |
Key Companies Profiled/Vendors | HP Inc., SABIC, Eos GmbH Electro Optical Systems, Royal DSM N.V., Evonik Industries AG, Stratasys Ltd., GE Additive, BASF SE, Solvay, Materialise NV, Arkema, 3D Systems Inc., American Elements, Hoganas AB. |
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North America is estimated to account for the highest market share in 2022.
The Global 3D Printing Plastics Market Trends has been segmented into five major regions: North America, Europe, Asia-Pacific, South America, The Middle East and Africa. North America is expected to be the largest market. Market growth is primarily driven by mature markets and the region's technologically advanced 3D printing industry. Asia Pacific to hold a higher CAGR during the forecast period.
Market Segment
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global 3D printing plastics market based on the below-mentioned segments:
Global 3D Printing Plastics Market, By Type
- Ceramic
- Plastics
- Metals
- Others
Global 3D Printing Plastics Market, By Form
- Powder
- Filament
- Liquid
Global 3D Printing Plastics Market, By Application
- R&D
- Prototyping
- Manufacturing
Global 3D Printing Plastics Market, By End-User
- Healthcare
- Automotive
- Consumer Goods
- Aerospace & Défense
- Others
Regions Covered
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East and Africa
List of Key Market Players:
- HP Inc.
- SABIC
- Eos GmbH Electro Optical Systems
- Royal DSM N.V.
- Evonik Industries AG
- Stratasys Ltd.
- GE Additive
- BASF SE
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Market News
- In 2021, the plastics segment accounted for the largest share of the market, with 28.6% and market revenue of 225.05 million.
Based on the type, the 3D printing plastics market is categorized into ceramic, plastics, metals and others. In 2021, the plastics segment accounted for the largest share of the market, with 28.6% and market revenue of 225.05 million. Plastic market growth will be fueled by increasing demand for 3D printing technology and high-performance materials from aerospace, automotive, and military industries.
- In 2021, the filament segment accounted for the largest share of the market, with 39% and a market revenue of 306.8 million.
Based on the form, the 3D printing plastics market is categorized into. Powder, filament and liquid. In 2021, the filament segment accounted for the largest share of the market, with 39% and a market revenue of 306.8 million. Filaments' unique properties and high melting temperatures, as well as their use in props, fixtures, toys, assembly components, and educational models, have mostly led to the rapid growth of this market segment.
Have a Look at the Related Research Report?
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FAQs are covered of Fermentation Chemicals Market
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