3D Printing Plastic Market By Product Type (Photopolymers, ABS & ASA, Polyamide/Nylon, Polylactic Acid, Others), By Form (Filament, Ink and Powder), By End-use Industry (Automotive, Medical, Aerospace & Defense, Electronics & Electrical, Others) and By Region (North America, Europe, Asia Pacific, Latin America, MEA) - Global Forecasts 2016 To 2026.

Date : Mar 2021

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Report ID : 58

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Category : Resins and Polymers

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Report Format:  PDF EXCEL PPT WORD

3D Printing Plastic Market Overview:

3D printing is an additive manufacturing process that produces an object by adding layers one at a time. 3D printers are vital to the production. A digital file containing the 3D model of the object is fed into the printer. The printer melts the material which maybe in the form of filament, powder or ink and creates the objects by adding a layer of the material one by one. The most commonly used materials are polymers, metals and ceramics.

The key players operating in the market are:

  1. 3D Systems Corporation
  2. Arkema Inc.
  3. Envisiontec Inc.
  4. SABIC
  5. Materialse N.V.
  6. HP INC.
  7. Eos GmbH
  8. Electro Optical Systems
  9. PolyOne Corporation
  10. Royal DSM N.V.
  11. Stratasys Ltd.
  12. BASF SE
  13. Evonik Industries AG
  14. HP Inc.
  15. Dow DuPont Inc.
  16. Clariant International Inc.
  17. CRP Group
  18. Oxford Performance Materials Inc.
  19. Carbon

3D Printing Plastic Market Estimation:

The global 3D printing plastic market was valued at an average of nearly USD 650.0 million in 2019. The market is projected to expand at a compound annual growth rate of above 25% from 2020 to 2026. At the end of 2026, its valuation is estimated to reach a little over USD 3000 million.

3D Printing Plastic Market

Impact of COVID-19:

The outbreak of COVID-19 has created numerous opportunities for the 3D printing plastic market to flourish. The demand from the healthcare sector has significantly risen. Scarcity of medical components such as face shields, masks, ventilator vales, etc. has positively influenced the market. However, the cost of the printers may still restrict certain industries from investing into the market.

Market Driver: (Growing demand from various industries)

There has been an upsurge in the use of 3D printed plastic materials in medical devices such as knee, shoulder, hip and dental implants, etc. Since this technology is highly useful for the production of complex parts, it is widely used across the automotive and aerospace industry. Moreover, the benefit of mass customization is proving to propel the demand for 3D printing plastic materials in different sectors.

Market Restraint: (High cost of 3D printed plastic parts)

The initial cost of the equipment coupled with the minimum number of equipments required makes the procurement of 3D printers expensive. Furthermore, since these plastics are produced specifically for the 3D printing process, the cost is comparatively higher. Use of premium grade plastics or plastics with specific characteristics cause an exponential rise in the total cost. As a result, the overall cost of production is a major restricting factor that the 3D printing plastics market has to overcome.

Market Opportunity: (Demand from automotive and aerospace sector)

Continuous R&D in the automotive and aerospace field is anticipated to steadily augment the 3D printing plastic market. The ability of this technology to produce tools, prototypes, fixtures, and others will propel the market expansion.

Market Challenge: (Government regulations on the use of plastics)

The rising environmental concerns regarding the use of plastics may hinder the market growth of the 3D printing plastic market. Governments across the globe have implemented various regulations banning the use of plastic. Although these regulations have not yet created a decline in demand, it can pose a threat to the 3D printing plastic market.

3D Printing Plastic Market Segmentation:

Product Type: (Segments – Photopolymers, ABS & ASA, Polyamide/Nylon, Polylactic Acid, and Others.)

Photopolymers captured over 50% of the global 3D printing plastic market in 2019. Photopolymers are light-sensitive polymeric materials that change their physical and chemical properties when exposed to light. These are widely used in inkjets, polyjets, 3D jetter printing etc.

The polyamide segment of 3D printing plastic market is projected to grow at the fastest growth rate during the forecast timeline. Since, the material has a strong oxygen barrier property, it is suitable in combination with paper and is therefore rapidly gaining base in the market.

Form: (Segments – Filament, Ink and Powder)

The growing demand from industries such as food packaging, upholstery, garments and many more will drive the growth of the filament segment in the 3D printing plastic market. It alone accounted for nearly 70% of the market in terms of revenue in 2019.

3D printing inks segment is likely to register a significant growth rate during the forecast timeline due to rising R&D activities and an upsurge in investments for the development of smart inks. The development of low-cost inks is vital for commercial utilization.

End-use Industry: (Segments – Automotive, Medical, Aerospace & Defense, Electronics & Electrical and Others.)

Ease in customization and cost-effectiveness are the main commercial factors influencing the expansion of the 3D printing plastic market in the medical industry. Improved supportive technologies, government support and rapid product development are further boosting market expansion. Surge in the number of cases of vascular and osteoarthritis are fueling the augmentation. At the end of 2019, the medical industry garnered approximately 45% of the market revenue share.

Regional Analysis:

North America led the global 3D printing plastic market in 2019, garnering close to 40%. A technologically advanced 3D printing industry and a mature market has been instrumental in the development and progress of the market in the region. Polylactic acid is anticipated to grow at a steady and continuous rate while the filament produced from this acid is extensively used in various colours and blends. U.S. dominated the North American market largely due to the demand generated by the medical sector. Benefits such as bio-compatibility and optical clarity are projected to fuel the market’s growth in the medical sector.

Recent Developments in 3D Printing Plastic Industry:

  1. Materialise collaborated with Engimplan for its portfolio expansion in the Brazilian market in August 2019. Engimplan is a Brazilian manufacturer of implants and other medical equipment.
  2. Stratasys has developed a special grade of ABS for 3D printing. The company refers to it as Digital ABS. It exhibits Plus high-temperature resistance with toughness. Digital ABS is more suitable for parts that require PolyJet technology’s for achieving high impact resistance

The research report analyses the ecosystem of 3D printing plastic market and categorizes it to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.

3D Printing Plastic Market Segmentation: Summary

By Product Type

  • Photopolymers
  • ABS & ASA
  • Polyamide/Nylon
  • Polylactic Acid
  • Others.

By Form

  • Filament
  • Ink
  • Powder

By End-Use Industry

  • Automotive
  • Medical
  • Aerospace & Defense
  • Electronics & Electrical
  • Others

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Norway
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • New Zealand
    • Rest of Asia Pacific
  • South America
  • ROW

Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

  1. INTRODUCTION
    1. Product Outline
    2. What is 3D Printing Plastic
    3. Different types of 3D Printing Plastic
    4. Analysis of 3D Printing Plastic Ecosystem
    5. Supply Chain Analysis
    6. Covid -19 Impact
    7. Market Dynamics
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Threats
    8. Technology Overview
    9. Patent Analysis
    10. Raw Material Analysis
  2. Technology and Regulatory Landscape for 3D Printing Plastic   
    1. Regulations and Standards
  3. 3D Printing Plastic Pricing Analysis
    1. Prices of 3D Printing Plastic  
  4. 3D Printing Plastic Market by Type of Product Type
  5. Photopolymers
  6. ABS & ASA
  7. Polyamide/Nylon
  8. Polylactic Acid
  9. Others
  10. 3D Printing Plastic Market by Form
    1. Filament
    2. Ink and Powder
  11. 3D Printing Plastic by End-use
      1. Automotive
      2. Medical
      3. Aerospace & Defense
      4. Electronics & Electrical
      5. Others
  12. Regional Analysis
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. UK
      3. France
      4. Norway
      5. Italy
      6. Spain
      7. Netherlands
      8. Rest Of Europe
    3. Asia Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. New Zealand
      6. Rest Of Asia Pacific
    4. Middle East and Africa
    5. South America
  13. Key Strategic Insights
    1. New Applications
    2. Emerging Technologies
    3. Opportunity mapping
    4. Critical Success Factors
    5. Environmental Impact and sustainability issues
    6. Consumer preferences
  14. Key Market Trends / Recent Developments
  15. Competitive Scenario
    1. New Raw Material Sources
    2. Competitive Strategies of Key Players
      1. Mergers and Acquisitions
      2. Investments
      3. Joint Ventures
      4. New Product launches
    3. Strength of product portfolio
    4. Ranking of Key Players
    5. Presence of players by Geographies
  16. KEY GLOBAL PLAYERS
    1. 3D Systems Corporation
    2. Arkema Inc.
    3. Envisiontec Inc.
    4. SABIC
    5. Materialse N.V.
    6. HP INC.
    7. Eos GmbH
    8. Electro Optical Systems
    9. PolyOne Corporation
    10. Royal DSM N.V.
    11. Stratasys Ltd.
    12. BASF SE
    13. Evonik Industries AG
    14. HP Inc.
    15. Dow DuPont Inc.
    16. Clariant International Inc.
    17. CRP Group
    18. Oxford Performance Materials Inc.
    19. Carbon
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