The latest and updated Emergen Research on the Global 3D Printing Plastic Market covers a comprehensive overview of the 3D Printing Plastic market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the 3D Printing Plastic market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.
The 3D printing plastic market is projected to be worth USD 4,480.0 Million by 2027, according to a current analysis by Emergen Research. The 3D printing plastic market is observing an accelerated growth rate attributed to its increasing demand from the automotive industry. 3D printing offers the benefit of substituting cost-prohibitive and longer lead-time in CNC manufacturing, enabling decreased production costs, particularly in the production process involving intricate parts and components. Also, in-house 3D prototyping assists in regulating Intellectual Property (IP) violations or data leaks as everything is manufactured on-site.
Factors influencing the growth of the 3D Printing Plastic market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the 3D Printing Plastic market. The report discusses in detail the positive and negative impact of the pandemic on the 3D Printing Plastic industry. The supply chain disruptions and economic volatility have altered the dynamics of the 3D Printing Plastic industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the 3D Printing Plastic market.
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
The report sheds light on the region expected to dominate the 3D Printing Plastic market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the 3D Printing Plastic market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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Some Key Highlights from the Report
- In March 2020, Stratasys announced the signing of a partnership agreement with m2nxt Solutions, a firm involved in smart manufacturing and a subsidiary of Bharat Fritz Werner Ltd., to expand in the manufacturing sector in India. The collaboration is intended to start a business for Industry 4.0 by merging expertise in smart manufacturing, 3D printing, and application consultations.
- Polyamide is likely to grow at the fastest rate in the forecast period and is a multipurpose 3D printing plastic, owing to its robustness, abrasion-resistant, and improved durability compared to PLA and ABS plastics.
- Filament held the largest market share in 2019. ABS filament is a commonly used plastic in 3D printing and is very durable. It finds widespread usage in rapid prototyping and 3D printing settings for testing the impact resistance and durability of the products.
Key participants include Stratasys Ltd., CRP Group, 3D Systems Corporation, Royal DSM NV, Oxford Performance Materials, EOS GmbH, Arkema SA, Envisiontec GmbH, Evonik Industries AG, and SABIC, among others.
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Emergen Research has segmented the global 3D printing plastic on the basis of type, form, industry vertical, and region:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Form Outlook (Revenue, USD Billion; 2017-2027)
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Aerospace & Defense
- Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
- North America
Key questions addressed in the report:
- What are the key factors driving the global 3D Printing Plastic market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global 3D Printing Plastic market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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