Dublin, Feb. 14, 2019 (GLOBE NEWSWIRE) -- The "3D Printing Plastics Market by Type, Form, End-Use Industry, Application, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The 3D printing plastics market is estimated at USD 615.8 million in 2018 and is projected to reach USD 1,965.3 million by 2023, at a CAGR of 26.1% between 2018 and 2023.
Factors such as an increase in supply with forward integration from major polymer companies, increase in demand from end-use industries for production activities, development of application-specific plastic grades, and government initiatives, worldwide to support the adoption of 3D printing plastics across industries drive the market. Environmental concerns for consumption of plastics is one the major restraints for the market.
Photopolymer type segment to dominate the 3D printing plastics market
Based on type, the 3D printing plastics market has been segmented into photopolymer, ABS, PLA, polyamide, and others. The market is projected to be dominated by the photopolymer segment, as photopolymer comprises most of the polymer grades in resin form.
Filament form segment to dominate the 3D printing plastics market
Based on form, the 3D printing plastics market has been segmented into filament, liquid/ink, and powder. The powder segment is projected to register the highest CAGR during the forecast period, with increasing demand for laser sintering technology. The filament segment is expected to dominate the market for 3D printing plastics, owing to its wide use in general and commercial applications.
Prototyping application to dominate the 3D printing plastics market
Based on application, the 3D printing plastics market has been segmented into prototyping, manufacturing, and others. The manufacturing segment is projected to grow at the highest CAGR during the forecast period, with the increasing use of 3D printing plastics in the end-use industries such as aerospace & defense and healthcare. The prototyping segment is expected to dominate the market for 3D printing plastics, owing to the use of 3D printing technology for the development of prototypes.
Healthcare end-use industry to dominate the 3D printing plastics market
Based on end-use industry, the 3D printing plastics market has been segmented into healthcare, aerospace & defense, automotive, electrical & electronics, and others. The healthcare segment is expected to dominate the market for 3D printing plastics, owing to their use in medical devices & equipment, orthopedic & dental implants, and others.
The Asia Pacific market projected to register the highest CAGR during the forecast period
The Asia Pacific 3D printing plastics market is projected to register the highest CAGR between 2018 and 2023. Asia Pacific is a major market for 3D printing plastics mainly due to the strong presence of automotive, healthcare, and electrical & electronics industries that are among the fastest adopters of the 3D printing technology. North America and Europe are expected to dominate the market, in terms of demand.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Significant Opportunities for 3D Printing Plastics Market
4.2 3D Printing Plastics Market, By Region
4.3 3D Printing Plastics Market, By Application
4.4 3D Printing Plastics Market, By Type & End-Use Industry
4.5 3D Printing Plastics Market, By Form
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Supply of 3D Printing Plastics Due to the Forward Integration of Major Polymer Companies
5.2.1.2 Increased Demand for 3D Printing Plastics From Industries for the Mass Production of their Products
5.2.1.3 Development of the Application-Specific Grades of 3D Printing Plastics
5.2.1.4 Initiatives Undertaken By Governments of Different Countries to Support Adoption of 3D Printing Technologies in Different Industries
5.2.2 Restraints
5.2.2.1 Environmental Concerns Regarding the Disposal of 3D Printed Plastic Products
5.2.2.2 Lack of Acceptance of New Technologies in Emerging Economies
5.2.2.3 Required Certifications for the Use of Specific Grades of 3D Printing Plastics for Specific Applications in Critical Industries
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Bio-Based Grades of 3D Printing Plastics
5.2.3.2 Growing Demand for Composite Grades of 3D Printing Plastics in Various Industrial Applications
5.2.4 Challenges
5.2.4.1 Evolving 3D Printing Technologies
5.2.4.2 High Manufacturing Costs of the Commercial Grades of 3D Printing Plastics
6 Industry Trends
6.1 Introduction
6.2 Revenue Pocket Matrix
6.2.1 Revenue Pocket Matrix for 3D Printing Plastics Market, By Type, 2017
6.2.2 Revenue Pocket Matrix for 3D Printing Plastics Market, By Form, 2017
6.2.3 Revenue Pocket Matrix for 3D Printing Plastics Market, By Application, 2017
6.2.4 Revenue Pocket Matrix for 3D Printing Plastics Market, By End-Use Industry, 2017
6.3 Key Trends
6.3.1 Market Entry of Major Plastic Manufacturers
6.3.2 Strategic Collaborations
6.4 Value Chain Analysis
6.5 Porter's Five Forces Analysis
6.5.1 Bargaining Power of Suppliers
6.5.2 Threat of New Entrants
6.5.3 Threat of Substitutes
6.5.4 Bargaining Power of Buyers
6.5.5 Intensity of Competitive Rivalry
7 3D Printing Plastics Market, By Type
7.1 Introduction
7.2 Photopolymer
7.3 ABS
7.4 Polyamide
7.5 Pla
7.6 Others
8 3D Printing Plastics Market, By Form
8.1 Introduction
8.2 Filament
8.3 Liquid/Ink
8.4 Powder
9 3D Printing Plastics Market, By Application
9.1 Introduction
9.2 Market Size & Projection
10 3D Printing Plastics Market, By End-Use Industry
10.1 Introduction
10.1.1 3D Printing Plastics Market, By End-Use Industry
10.2 Healthcare
10.2.1 3D Printing Plastics Market for Healthcare
10.3 Aerospace & Defense
10.3.1 3D Printing Plastics Market for Aerospace & Defense
10.4 Automotive
10.4.1 3D Printing Plastics Market for Automotive
10.5 Electrical & Electronics
10.5.1 3D Printing Plastics Market for Electrical & Electronics
10.6 Other End-Use Industries
10.6.1 3D Printing Plastics Market for Other End-Use Industries
11 3D Printing Plastics Market, By Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East & Africa
11.6 South America
12 Competitive Landscape
12.1 Introduction
12.2 Ranking of Key Market Players, January 2012-August 2018
12.3 Competitive Situation & Trends
12.3.1 New Product Launches
12.3.2 Mergers & Acquisitions
12.3.3 Partnerships/Agreements/Collaborations
12.3.4 Expansions
13 Company Profiles
13.1 Introduction
13.2 3D Systems Corporation
13.3 Arkema S.A.
13.4 Stratasys, Ltd.
13.5 Royal Dsm N.V.
13.6 Eos GmbH Electro Optical Systems
13.7 CRP Group
13.8 Oxford Performance Materials
13.9 Golden Plastics
13.10 Envisiontec GmbH
13.11 Materialise NV
13.12 BASF 3D Printing Solutions GmbH
13.13 Evonik Industries AG
13.14 SABIC
13.15 Clariant
13.16 HP Inc.
13.17 Dowdupont Inc.
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