3D Printing Plastic Market Applications, Future Growth Analysis, Industry Analysis and Forecasts 2027

The study is a professional probe into the revenue generated and capacity estimates for the 3D Printing Plastic Market for the forecast period 2020 – 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.

The global 3D printing plastic market is projected to be worth USD 4,480.0 Million by 2027, according to a current analysis by Emergen Research. The 3D printing plastic market is observing an accelerated growth rate attributed to its increasing demand from the automotive industry. 3D printing offers the benefit of substituting cost-prohibitive and longer lead-time in CNC manufacturing, enabling decreased production costs, particularly in the production process involving intricate parts and components. Also, in-house 3D prototyping assists in regulating Intellectual Property (IP) violations or data leaks as everything is manufactured on-site.

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Regional Landscape

The report further covers extensive regional analysis of the Vertical Farming industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers given below –

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies. The research is one of its kind global analyses of aspects such as import and export status, supply chain management, profit and gross margin worldwide for the forecast period 2020 – 2027. Extensive coverage of statistics associated with recent events including acquisition and mergers and strengths and weaknesses of a company forms an important part of the study on the 3D Printing Plastic Market.

The research provides answers to the following key questions:

  • What is the expected growth rate of the 3D Printing Plastic Market for the forecast period 2020 – 2027? What is the market size likely to be during the estimated period?
  • What are the key driving forces shaping the future of the industry across different countries?
  • Who are the prominent market players dominating the 3D Printing Plastic Market? How have they managed to maintain a competitive edge over their competitors?
  • What are the major trends and opportunities responsible for the progress of the 3D Printing Plastic Market during the estimated period?
  • What are the major obstacles hindering the progress of the market worldwide?

Key Highlights From The Report

In March 2020, Stratasys announced the signing of a partnership agreement with m2nxt Solutions, a firm involved in smart manufacturing and a subsidiary of Bharat Fritz Werner Ltd., to expand in the manufacturing sector in India. The collaboration is intended to start a business for Industry 4.0 by merging expertise in smart manufacturing, 3D printing, and application consultations.

Polyamide is likely to grow at the fastest rate in the forecast period and is a multipurpose 3D printing plastic, owing to its robustness, abrasion-resistant, and improved durability compared to PLA and ABS plastics.

Filament held the largest market share in 2019. ABS filament is a commonly used plastic in 3D printing and is very durable. It finds widespread usage in rapid prototyping and 3D printing settings for testing the impact resistance and durability of the products.

Healthcare held the largest market share in 2019. One of the benefits is that the 3D printing plastic can be deployed for a 3D print soft touch in contact between bone and prosthetics, resulting in enhanced patient comfort and lessening the injury risks.

The market in the Asia Pacific region is projected to grow at the fastest rate in the forecast period, attributed to the increased investment for healthcare infrastructure growth. Also, leading manufacturing firms, especially automotive firms, supportive regulations, several space launches by renowned space agencies like ISRO, and increased investments in R&D for plastic additive manufacturing drive the market growth in the region.

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Market Segmentation

Type Outlook (Revenue, USD Billion; 2017-2027)

ABS

Photopolymer

PLA

Polyamide

Others

Form Outlook (Revenue, USD Billion; 2017-2027)

Liquid/Ink

Filament

Powder

Application Outlook (Revenue, USD Billion; 2017-2027)

Aerospace & Defense

Healthcare

Automotive

Electronics

Others

Competitive Landscape

Stratasys Ltd.,

CRP Group,

3D Systems Corporation,

Royal DSM NV,

Oxford Performance Materials,

EOS GmbH,

Arkema SA,

Envisiontec GmbH,

Evonik Industries AG, and

SABIC, among others.

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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