According to report published by Grand View Research,“3D Printing Plastics Market Size, Share & Trends Analysis Report By Type (ABS & ASA, Photopolymers, Polyamide/Nylon, PLA), By Form (Filament, Ink, Powder), By Application, And Segment Forecasts, 2018 – 2025” published by Grand View Research, Inc., The global 3D printing plastics market size is likely to reach USD 1.98 billion by 2025, rising at a CAGR of 24.9% during the forecast period. Spiraling demand for 3D printing plastics, particularly from the medical and aerospace & defense industries, is anticipated to contribute to the growth of the market during the forecast period.
Key Takeaways from the report:
North America will be the dominant regional market in the global arena in terms of revenue throughout the forecast period, while Asia Pacific is projected to register the highest CAGR of 26.7% during the same period. Favorable government policies in Asia Pacific region particularly in China and India are likely to drive market growth
Photopolymers was the largest type segment in the global 3D printing plastics market in 2017. Photopolymers are used extensively across several end-user industries as it acts as a binder, additive, colorant, plasticizer, and chemical agent in the 3D printed product
In April 2018, 3D Systems Corporation participated in RAPID+TCT 2018 held in the U.S. Product portfolio of the company consisted of several solutions, which would aid manufacturers in switching from prototyping to production and to recognize their competitive advantages. Figure 4™ platform demonstrates optimum throughput and accuracy necessary for production of plastic part.
Browse More Reports in Advanced Materials Industry:
- Transparent Ceramics Market : Rising demand for optic and optoelectronics is anticipated to fuel the Transparent ceramics market demand over the forecast period.Transparent ceramics are defined as inorganic, non-metallic polycrystalline materials that transmit light with wavelengths in the visible electromagnetic spectrum.
- Construction Additives Market: The market for construction additives is anticipated to be driven by growing awareness regarding advantages of construction additives among infrastructure developers, contractors, and designers. In addition, extensive use of construction additives in residential and commercial buildings is expected to boost market growth.
Grand View Research has segmented the global 3D printing plastics market on the basis of type, form, application, and region:
3D Printing Plastics Type Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
- ABS & ASA
- Polylactic acid
3D Printing Plastics Form Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
3D Printing Plastics Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
- Aerospace & Defense
- Consumer Goods
3D Printing Plastics Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)
- North America
- Asia Pacific
- South Korea
- Central & South America
- Middle East & Africa
- South Africa
Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco