Plastic is the most common 3D printing material that designers are using the outmost. The 3D printing has a large impact on the automotive industry due to recent advances in additive manufacturing (AM). Materials such as, ABS filament is the most commonly used 3D printing plastic, which is widely used in the mobile phone cases, bodywork of cars, and appliances. The ABS material is a thermoplastic and contains a base of elastomers based on polybutadiene that makes it more flexible, and resistant to shocks. Other materials such as, PLA, also known as Polylactic acid is the easiest materials to print, photopolymer, and others.
The report analyzes factors affecting 3D printing plastics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the 3D printing plastics market in these regions.
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The List of Top Ten Companies 1. Arkema 2. BASF SE 3. Stratasys Ltd. 4. 3D Systems, Inc. 5. Oxford Performance Materials 6. CRP SERVICE S.r.l. 7. Royal DSM 8. ENVISIONTEC, INC. 9. Evonik Industries AG 10. Materialise
The 3D printing plastics market is anticipated to grow with a significant rate in the coming years, due to increasing demand from the healthcare industry and growing demand in manufacturing activities across the globe. However, increased use in aerospace & defense, automotive, and electrical & electronics industries is anticipated to offer more growth opportunities for the players operating in the 3D printing plastics market.
The global 3D printing plastics market is segmented on the basis of type, form, and end user. On the basis of type, the 3D printing plastics market is segmented as, PLA, polyamide, ABS, photopolymer, and others. Based on the form, the market is classified as, powder, liquid/ink, and filament. On the basis of end user, the 3D printing plastics market is categorized as, electrical & electronics, automotive, aerospace & defense, healthcare and others.
North America is expected to contribute to the largest share in the 3D printing plastics market in the coming years, due to increasing demand for 3D printing plastics in medical devices and equipment, and increasing adoption of 3D printing technology in various end-use industries in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to increasing investments from major chemical companies, increasing incidence of orthopedics, and rising rate of dental implants procedures in the region.
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