3D Printing Plastics Market Overview and Scope, Product Category Forecast 2025
3D Printing Plastic is commonly known as additive manufacturing and infers a process that creates a three-dimensional object in which layers of material are formed by computers to generate an object.
3D Printing Plastic is commonly known as additive manufacturing and infers a process that creates a three-dimensional object in which layers of material are formed by computers to generate an object.
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The key driving factors responsible for the growth of <strong>3D</strong> printing plastics market include adoption of <strong>3D</strong> printing<br />
technology by end-use industries. However, lack of adoption of new <strong>and</strong> emerging technologies in developing<br />
regions is likely to impede the market growth. Moreover, dominance by large players resulting into lesser<br />
emergence of small players also limits the market growth. Other factors such as need for certification of grades<br />
<strong>and</strong> higher costs involved with production of commercial grades inhibit the market growth during the forecast<br />
period.<br />
On the basis of type, the global <strong>3D</strong> printing plastics market is segmented into photopolymers, PLA, ABS <strong>and</strong><br />
polyamide/nylon. Photopolymers type contributed to the growth of <strong>3D</strong> printing plastics market during the<br />
forecast period <strong>and</strong> is expected to continue the dominance. The growth is mainly due to rise in dem<strong>and</strong> for<br />
healthcare <strong>and</strong> medical equipment <strong>and</strong> also photopolymers are extensively used in SLA technology <strong>and</strong> for<br />
prototyping of static models in several end-use industries.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/3d-printing-plastics-market<br />
On the basis of end-use industry, the global <strong>3D</strong> printing plastics market is segmented into healthcare & medical,<br />
aerospace & defense, commercial goods <strong>and</strong> automotive. Healthcare & medical end-use segment is anticipated<br />
to grow at a higher CAGR during the forecast period owing to enhanced technology, financial support by<br />
government <strong>and</strong> promptness in product development.<br />
On the basis of geographic segmentation, the global <strong>3D</strong> printing plastics market is segmented into North<br />
America, Latin America, Europe, Asia-Pacific, Middle-East <strong>and</strong> Africa. North America dominates the global<br />
market owing to presence of <strong>3D</strong> printing plastics manufacturers. APAC regions are likely to dominate the global<br />
market owing to rapid developments in printing technology.<br />
The growth is mainly witnessed in the regions of India, China, Malaysia, Singapore <strong>and</strong> Japan. Middle-East <strong>and</strong><br />
African regions are anticipated to grow at a lower CAGR during the forecast period owing to less presence of<br />
printing industries <strong>and</strong> lack of support by the government. The key players in the global <strong>3D</strong> printing plastics<br />
market include <strong>3D</strong> Systems Corporation, EOS GmbH, Arkema SA, Stratasys <strong>and</strong> Evonik Inc.<br />
See More Reports of this <strong>Category</strong> by Million Insights @<br />
https://www.millioninsights.com/industry/plastics
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