PUBLISHER: Meticulous Research | PRODUCT CODE: 1576479
PUBLISHER: Meticulous Research | PRODUCT CODE: 1576479
3D Printing Plastics Market by Type (Polylactic Acid, Polycarbonate, Polyamide), Form (Filament, Pellets, Powder), Technology (FDM, SLA, SLS), End-use Industry (Manufacturing, Healthcare, Automotive), and Geography-Global Forecast to 2031
The research report titled, ''3D Printing Plastics Market by Type (Polylactic Acid, Polycarbonate, Polyamide), Form (Filament, Pellets, Powder), Technology (FDM, SLA, SLS), End-use Industry (Manufacturing, Healthcare, Automotive), and Geography-Global Forecast to 2031', provides an in-depth analysis of the global 3D printing plastics market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The global 3D printing plastics market is projected to reach $7.8 billion by 2031, at a CAGR of 23.2% from 2024 to 2031.
The growth of this market is attributed to the rising demand for additive manufacturing across various industries, the increasing supply of 3D printing plastics, and government initiatives supporting the adoption of 3D printing technologies. However, environmental concerns related to the disposal of plastic products and regulations for the use of specific grades of plastic restrain the market's growth. Furthermore, the advancements in 3D printing technologies and the rising demand for bio-based plastics are expected to create significant opportunities for this market. However, the limited availability of suitable printing materials is a challenge to this market's growth.
The 3D Printing Plastics market is segmented by type (Acrylonitrile Butadiene Styrene (ABS), Polylactic Acid (PLA), Polycarbonate (PC), Polyethylene Terephthalate (PET), Polyvinyl Alcohol (PVA), polyamide, and other 3D printing plastics), form (filament, pellets, powder, liquid), technology (Fused Deposition Modeling (FDM), Stereolithography (SLA), Selective Laser Sintering (SLS), and other technologies), end-use industry (consumer goods, automotive, aerospace & defense, manufacturing, electronics & electrical, healthcare, energy, and other end-use industries). The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on type, the 3D printing plastics market is segmented into Acrylonitrile Butadiene Styrene (ABS), Polylactic Acid (PLA), Polycarbonate (PC), Polyethylene Terephthalate (PET), Polyvinyl Alcohol (PVA), polyamide, and other 3D printing plastics. In 2024, the polylactic acid (PLA) segment is expected to account for the largest share of over 33.0% of the 3D printing plastics market. This segment's large market share can be attributed to the growing demand for bioplastics, rising favorable government initiatives, increasing performance benefits of PLA, and the rising adoption of PLA in the healthcare sector. However, the polyamide segment is expected to register the highest CAGR during the forecast period.
Based on form, the 3D printing plastics market is segmented into filament, pellets, powder, and liquid. In 2024, the filament segment is expected to account for the largest share of over 71.0% of the 3D printing plastics market. Moreover, this segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing use of 3D printing filaments for manufacturing commercial and military aircraft, the rising use of filament materials in prototyping applications, and the growing focus on the development of materials in filament form for the 3D printing of medical implants by market players.
Based on technology, the 3D printing plastics market is segmented into Fused Deposition Modeling (FDM), Stereolithography (SLA), Selective Laser Sintering (SLS), and other technologies. In 2024, the fused deposition modeling (FDM) segment is expected to account for the largest share of the 3D printing plastics market. This segment's large market share can be attributed to the rising adoption of FDM by educational institutes, the growing use of FDM for small-batch and customized parts production, and the better affordability and user-friendliness of FDM compared to other technologies. Moreover, this segment is expected to register the highest CAGR during the forecast period.
Based on end-use industry, the 3D printing plastics market is segmented into consumer goods, automotive, aerospace & defense, manufacturing, electronics & electrical, healthcare, energy, and other end-use industries. In 2024, the manufacturing segment is expected to account for the largest share of over 26.0% of the 3D printing plastics market. This segment's large market share can be attributed to the increasing use of 3D printing for mass production in industrial manufacturing, the growing focus of manufacturers on reducing costs and lead times, and the rising use of 3D-printed composite materials in manufacturing applications. However, the healthcare segment is expected to register the highest CAGR during the forecast period.
Based on geography, the 3D printing plastics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 42.0% of the global 3D printing plastics market. The region's large share is attributed to the increasing adoption of Industry 4.0, rising utilization of 3D printing technologies in the healthcare, construction, and education sectors, increased R&D funding, and growing government-led strategies and policies supporting the adoption of 3D printing technologies. However, Asia-Pacific is expected to register the highest CAGR of over 25.0% during the forecast period.
The key players operating in the global 3D printing plastics market are 3D Systems Corporation (U.S.), Evonik Industries AG (Germany), Arkema (France), SABIC (Saudi Arabia), Stratasys Ltd. (U.S.), Materialise nv (Belgium), CRP TECHNOLOGY S.r.l. (Italy), Formlabs Inc. (U.S.), HP Development Company, L.P. (U.S.), Dassault Systemes (France), Proto Labs, Inc. (U.S.), EOS GmbH (Germany), Avient Corporation (U.S.), Henkel AG & Co. KGaA (Germany), and Huntsman International LLC (U.S.).
3D Printing Plastics Market Assessment-by Type
3D Printing Plastics Market Assessment-by Form
3D Printing Plastics Market Assessment-by Technology
3D Printing Plastics Market Assessment-by End-use Industry
3D Printing Plastics Market Assessment-by Geography
(Note: SWOT analysis will be provided for the top 5 companies.)