3D Printing Plastics Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2022

  • Product Code:
    RP-ID-10085311
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    122
  • Category:
    Semiconductor & Electronics
  • Publisher:
    Pub-ID-15

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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3D Printing Plastics Market – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2022
3D printing, also popularly known as additive manufacturing, is a technology that uses a printer and a digital file to produce physical and tangible objects. The digital file is technically known as computer-aided design and is made according to the print requirement, materials type, and printer used to manufacture the product. The market segmentation according to materials type is divided into key segments of commodity polymers, high performance polymers, bioplastics, and elastomers among others. The main application areas of 3D printing plastic materials are in aerospace & defense, automotive, and healthcare among others.
Globally, the demand for 3D printing plastic materials is high in economically developed countries, whereas the developing regions are catching up the pace. Extensive consumption of plastic materials comes from aerospace and automotive domains due to changing product designs from time to time. Further, the light weight of the OEM components for better fuel efficiency to reduce carbon footprint is an additional factor boosting the exponential growth of 3D printing plastics in the next 5 years.
This growth is supported by lucrative, fast-growing technological industries, and the growing manufacturing market in these regions. Currently, North America is the global leader in the 3D printing plastics market from the demand side. The European region, on the other hand, has an advantage of having large manufacturing and consumption markets, thus providing the second largest contribution to the 3D printing plastics market. From the supplier side, Europe followed by Asia Pacific are the market leaders in the 3D printing plastics. The European market is also witnessing a capital influx in 3D printing technology from Tier 1 companies, which is increasing the regional competition.
The study of the 3D printing plastics market by Infoholic Research provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists in understanding the companies better and take informed decisions. Some of the key players in the 3D printing plastics market are Stratasys, SABIC, DOW Chemicals, BASF, and 3D Systems.
According to Infoholic Research, the global 3D printing plastic market is expected to grow at a CAGR of 26.5% during the forecast period to reach $1.34 billion by 2022. The Asia Pacific region has the fastest growth rate and is expected to move toward more adoption of 3D printing technology, which will directly boost the consumption by value, driven by Japan, China, and India. Asia Pacific is expected to contribute the highest growth in the global 3D printing plastic materials market.
Report Scope:
By Material Type
• Commodity Polymers
• High Performance Polymers
• Biodegradables
• Elastomers
• Others (Acrylic and Epoxy)
By End-users
• Aerospace & Defense
• Automotive
• Healthcare
• Consumer Products/Electronics
• Others
Regions
• Asia Pacific
• North America
• Europe
• Rest of the World
Industry outlook: Market trends, drivers, restraints, and opportunities
 


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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3D printing plastics market are Stratasys, 3D Systems, ExOne, HP, Materialise, LG Chemicals, etc.

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