Global 3D Printing Plastics Market Size to grow USD 5375.33 Million by 2030 | CAGR of 23.8%

Global 3D Printing Plastics Market worth $5375.33 million by 2030

According to a research report published by Spherical Insights & Consulting, The Global 3D Printing Plastics Market Size to grow from USD 786.9 million in 2021 to USD 5375.33 million by 2030, at a Compound Annual Growth Rate (CAGR) of 23.8% during the forecast period. 

The 3D printing plastics market has grown due to the increase in technological advancements and the use of 3D printing plastic in various end-user industries. There are advancements in new technologies to help ease the 3D printing plastics experience people, which is expected to provide growth opportunities for the market during the forecast period.

Browse key industry insights spread across 200 pages with 162 market data tables and figures & charts from the report “ Global 3D Printing Plastics Market Size, Share, and COVID-19 Impact Analysis, By Type (Ceramic, Plastics, Metals and Others), By Form (Powder, Filament and Liquid), By Application (R&D, Prototyping and Manufacturing), By End User (Healthcare, Automotive, Consumer Goods, Aerospace & Defense and Others) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030.“in detail along with the table of contents. https://www.sphericalinsights.com/reports/3d-printing-plastics-market

On credit portfolios, the COVID-19 epidemic has had a negative effect. The enormous growth has hampered the solvency of customers and businesses in unemployment and interruption of economic activity. Central banks have adopted a proactive strategy of injecting money into the market by decreasing interest rates and implementing asset purchase programmes. With persistent geopolitical tensions, global trade battles, and sporadic hurricanes and earthquakes, managing and monitoring credit, market, liquidity, and operational risk across financial markets was challenging enough. Chief risk officers and their teams have had to reevaluate outdated methods and assumptions used to manage and monitor risk due to the present pandemic crisis. The global repercussions of COVID-19 have demonstrated the significance of interconnection in international cooperation. As a result, many governments have been hurrying to find, assess, and buy trustworthy AI-powered solutions.

The plastics segment to account for the largest market size during the forecast period

Based on the type, the 3D printing plastics market is categorized into ceramic, plastics, metals and others. The plastics segment to account for the largest market size during the forecast period. Plastic market growth will be fueled by increasing demand for 3D printing technology and high-performance materials from aerospace, automotive, and military industries.

The filament segment to hold a higher CAGR during the forecast period

Based on the form, the 3D printing plastics market is categorized into. Powder, filament and liquid.  The filament segment to hold a higher CAGR during the forecast period. Filaments' unique properties and high melting temperatures, as well as their use in props, fixtures, toys, assembly components, and educational models, have mostly led to the rapid growth of this market segment. 

The prototyping segment to hold a higher CAGR during the forecast period

Based on the application, the 3D printing plastics market is categorized into R&D, prototyping and manufacturing. The prototyping segment to hold a higher CAGR during the forecast period. 3D printing plastics are typically used for prototyping to show off the appearance of the finished 3D-printed object.

The healthcare segment to hold a higher CAGR during the forecast period.

Based on the end user, the 3D printing plastics market is categorized into healthcare, automotive, consumer goods, aerospace & defence and others. The healthcare segment to hold a higher CAGR during the forecast period. As diseases such as vascular and osteoarthritis increase, 3D-printed plastics are becoming increasingly desirable for medical applications.

North America is estimated to account for the highest market share in 2022.

The Global 3D Printing Plastics Market has been segmented into five major regions:  North America, Europe, Asia-Pacific, South America, The Middle East and Africa.  North America is expected to be the largest market. Market growth is primarily driven by mature markets and the region's technologically advanced 3D printing industry. Asia Pacific to hold a higher CAGR during the forecast period.

Major vendors in the Global 3D Printing Plastics Market include HP Inc., SABIC, Eos GmbH Electro Optical Systems, Royal DSM N.V., Evonik Industries AG, Stratasys Ltd., GE Additive, BASF SE, Solvay, Materialise NV, Arkema, 3D Systems Inc., American Elements, and Hoganas AB.

Related Repot:

Global 3D Printing Metals Market Size, Share, Analysis Forecast 2030

Global Ceramic 3D Printing Market Size, Growth Research Report By 2030

Contact Us: https://www.sphericalinsights.com/contact-us