3D Printing Plastics Market to Grow at 26.1% CAGR by 2023

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PUNE, India, March 4, 2019 /PRNewswire/ -- 3D printing plastics market new research report added in ReportsnReports.com. 3D printing plastics market is estimated at USD 615.8 million in 2018 and is projected to reach USD 1,965.3 million by 2023, at a CAGR of 26.1% between 2018 and 2023 and increase in supply with forward integration from major polymer companies, increase in demand from end-use industries for production activities, development of application-specific plastic grades, and government initiatives, worldwide to support the adoption of 3D printing plastics across industries drive the market. Environmental concerns for consumption of plastics is one the major restraints for the market.

Browse 106 Market Data Tables and 57 Figures spread through 183 Pages and in-depth TOC on "3D Printing Plastics Market Research Report" https://www.reportsnreports.com/reports/1710943-3d-printing-plastics-market-by-type-photo-polymer-abs-poly-amide-pla-form-filament-liquid-ink-powder-end-use-industry-healthcare-aerospace-defense-automotive-electrical-electronics-application-st-to-2023.html .

Some of the major companies profiled in this report include 3D Systems Corporation (US), Stratasys, Ltd. (US), Arkema SA (France), BASF SE (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), HP Inc. (US), DowDuPont Inc. (US), Royal DSM N.V. (Netherlands), EOS GmbH Electro Optical Systems (Germany), Clariant International Ltd. (Switzerland), CRP Group (US), Envisiontec GmbH (Germany), Materialise NV (Belgium), and Oxford Performance Materials Inc. (US).

Based on form, the 3D printing plastics market has been segmented into filament, liquid/ink, and powder. The powder segment is projected to register the highest CAGR during the forecast period, with increasing demand for laser sintering technology. The filament segment is expected to dominate the market for 3D printing plastics, owing toits wide use in general and commercial applications.

Inquire for DISCOUNT on "3D Printing Plastics Market by Type (Photo polymer, ABS, Poly amide, PLA), Form (Filament, Liquid/Ink, Powder), End-Use Industry (Healthcare, Aerospace & Defense, Automotive, Electrical & Electronics), Application, and Region - Global Forecast to 2023" research report at https://www.reportsnreports.com/contacts/discount.aspx?name=1710943 .

Based on type, the 3D printing plastics market has been segmented into photopolymer, ABS, PLA, polyamide, and others. The market is projected to be dominated by the photopolymer segment, as photopolymer comprises most of the polymer grades in resin form.

Filament form segment to dominate the 3D printing plastics market

Based on form, the 3D printing plastics market has been segmented into filament, liquid/ink, and powder. The powder segment is projected to register the highest CAGR during the forecast period, with increasing demand for laser sintering technology. The filament segment is expected to dominate the market for 3D printing plastics, owing toits wide use in general and commercial applications.

Order a copy of "3D Printing Plastics Market" research report at https://www.reportsnreports.com/purchase.aspx?name=1710943 .

Based on application, the 3D printing plastics market has been segmented into prototyping, manufacturing, and others. The manufacturing segment is projected to grow at the highest CAGR during the forecast period, with the increasing use of 3D printing plastics in the end-use industries such as aerospace & defense and healthcare. The prototyping segment is expected to dominate the market for 3D printing plastics, owing to the use of 3D printing technology for the development of prototypes.

 "The Asia Pacific market projected to register the highest CAGR during the forecast period"

The Asia Pacific 3D Printing Plastics Market is projected to register the highest CAGR between 2018 and 2023. Asia Pacific is a major market for 3D printing plastics mainly due to the strong presence of automotive, healthcare, and electrical & electronics industries that are among the fastest adopters of the 3D printing technology. North America and Europe are expected to dominate the market, in terms of demand.

Breakdown of the profile of primary participants:

• By Company Type: Tier 1 – 11%, Tier 2 – 33%, and Tier 3 – 56%
• By Designation: C Level – 20%, Director Level – 10%, and Others – 70%
• By Region: North America – 36%, Europe – 29%, Asia Pacific – 14%, Middle East & Africa –14.3%, and South America – 7%

Another research titled Biocompatible 3D Printing Materials Market Global Forecast to 2023 says, the biocompatible 3D printing materials market size is estimated to be USD 308.1million in 2018 and is projected to reach USD 832.7 million by 2023, at a CAGR of 22.0% between 2018 and 2023. Companies such as Major players in the biocompatible 3D printing materials market are 3D Systems, Inc. (US), Evonik Industries AG (Germany), Stratasys Ltd. (Israel), Concept Laser, GmBH (Germany), EOSGmBH Electro Optical Systems (Germany), Renishaw PLC. (UK), Formlabs, Inc. (US), EnvisionTEC, Inc. (Germany), 3D Composites (US), Aspect Biosystems Ltd. (Canada) have been profiled in this 117 pages research report available at https://www.reportsnreports.com/purchase.aspx?name=1650215 .

Explore more reports on Chemicals Market at https://www.reportsnreports.com/market-research/chemicals/ .

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