The global 3D Printing Plastics Market is estimated to reach USD 1.98 billion by 2025, with a CAGR of 24.9% during the forecast period. 3D printing plastics possess flexibility, durability and have a high temperature resistance often preferred for plastic engineering and professional applications. ABS is a type of 3D printing plastics with excess need for heated print bed with reliability.

3D printing plastics industry is driven by rise in healthcare industry and demand for 3D printing plastics in the manufacturing activities. Growing demand from aerospace & defence, automotive, electrical & electronics are the major drivers for the market growth. In addition, the 3D printing plastic market is influenced by rising demand for medical devices, orthopaedics and dental implants.

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By type, the 3D printing plastic industry is segmented as ABS, polyamide, photopolymer and PLA. Photopolymer segment is anticipated to grow at a higher CAGR during the forecast period owing to extensive use of stereo lithography technology. By form, the 3D printing plastics market is segmented as powder, filament and liquid. End-use segmentation for the market of 3D printing plastics comprises electrical & electronics, healthcare, automotive and aerospace & defense.

Geographical segmentation for 3D printing plastics industry spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market during the forecast period. Rise in adoption of 3D printing technology in end-use industries and increasing investments is more likely to propel the regional market growth.

Asia-Pacific regions are likely to grow during the forecast period owing to rise in investments by chemical companies to pioneer in 3D printing plastic market. In addition, the market of 3D printing plastics is driven by 3D printing technology followed by demand for medical devices, equipment and dental implants.

The key players profiled in the 3D printing plastics industry report are Evonik Industries AG, HP Inc, Arkema SA, BASF SE, Dow DuPont, Royal DSM N.V., Clariant International Ltd, EnvisionTec GmbH and CRP Group.

Market Segment:

3D Printing Plastics Type Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
    • Photopolymers
    • ABS & ASA
    • Polyamide/Nylon
    • Polylactic acid
    • Others

3D Printing Plastics Form Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
    • Filament
    • Ink
    • Powder

3D Printing Plastics Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
    • Automotive
    • Medical
    • Aerospace & Defense
    • Consumer Goods

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The global 3D Printing Plastics Market size is likely to reach USD 1.98 billion by 2025, according to a new study by Grand View Research, Inc., rising at a CAGR of 24.9% during the forecast period. Spiraling demand for 3D printing plastics, particularly from the medical and aerospace & defense industries, is anticipated to contribute to the growth of the market during the forecast period.

The 3D printing plastics market is benefitting from favorable government support in key economies such as the U.S. and China. 3D printed products assist significantly in attaining economies of scale through consumption of lesser lead time, reduced costs, and mitigated risks. 3D plastics also allows easier customization as per consumer needs. Thus, there is an upsurge in the demand for 3D printing plastics from various end use industries such as automotive, medical, and electrical & electronics.

Adoption rate of 3D printing is poised to witness sharp rise across several new end user industries, which in turn is expected to lead to higher demand for printing materials such as plastics. Functional prototyping, tooling, and designing have enabled extensive applications of 3D printing across newer application areas.

Consumer goods is emerging as a significant application of 3D plastic products on account of reduced lead time offered by additive manufacturing techniques. Innovative additive manufacturing solutions enable production of designer parts with complex geometries, thus, facilitating manufacturers to cater to rising consumer needs for personalized parts.Photopolymers was the dominant plastic segment in terms of both revenue and volume in 2017.

Heightened demand for photopolymers can be attributed to high consumption in production of industrial prototypes through the utilization of SLA technology. Polyamide/Nylon is estimated to experience the fastest growth rate during the forecast period on account of rising demand from both domestic as well as commercial applications. Use of polyamide/nylon is accompanied by laser sintering technology.

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Further key findings from the repot suggest:

• North America will be the dominant regional market in the global arena in terms of revenue throughout the forecast period, while Asia Pacific is projected to register the highest CAGR of 26.7% during the same period. Favorable government policies in Asia Pacific region particularly in China and India are likely to drive market growth
• Photopolymers was the largest type segment in the global 3D printing plastics market in 2017. Photopolymers are used extensively across several end-user industries as it acts as a binder, additive, colorant, plasticizer, and chemical agent in the 3D printed product
• In April 2018, 3D Systems Corporation participated in RAPID+TCT 2018 held in the U.S. Product portfolio of the company consisted of several solutions, which would aid manufacturers in switching from prototyping to production and to recognize their competitive advantages. Figure 4™ platform demonstrates optimum throughput and accuracy necessary for production of plastic part.