3D Printing Plastics Market Growth Analysis | 2023-2028

Market Insights

The 3D Printing Plastics Market was estimated at US$ 737.28 million in 2022 and is expected to grow at a CAGR of 24% during 2023-2028 to reach US$ 2744.12 million in 2028.

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What is 3D Printing Plastics?

3D Printing Plastics are a group of materials designed for use in additive manufacturing processes. They are formulated to be compatible with various 3D printing technologies, such as Fused Deposition Modeling (FDM) and Stereolithography (SLA). Common 3D printing plastics include PLA (Polylactic Acid), ABS (Acrylonitrile Butadiene Styrene), PETG (Polyethylene Terephthalate Glycol), Nylon, and TPU (Thermoplastic Polyurethane). These plastics offer a range of properties, from biodegradability to high strength and flexibility, making them suitable for diverse applications, including prototyping, functional parts, and flexible components. The choice of 3D printing plastic depends on the desired characteristics of the printed object.

Market Dynamics

Forward integration by major polymer manufacturers is one of the major drivers propelling the growth of the global 3D printing plastics market. In addition, the demand for bio-based plastics and the growing demand for 3D printing technology in various applications in end-use industries are the other prime factors impacting the 3D printing plastics market significantly.

Segments Analysis

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By Type

Based on the type, the 3D printing plastics market is segmented as photopolymer, ABS, polyamide, PLA, and others. The photopolymer segment leads the market whereas the polyamide segment is estimated to witness the highest growth during the forecast period, owing to the escalating demand for the laser sintering technology.  

By Form Type

Based on the form type, the market is segmented as filament, liquid/ink, and powder. The filament segment commanded the market and is estimated to maintain its dominance during the forecast period, driven by its extensive use in general and industrial applications. On the other hand, the powder segment is estimated to have the highest growth in the coming five years in the growth of laser sintering technology. 

By Application Type

Based on the application type, the market is segmented as prototyping and manufacturing. The prototyping segment leads the market and this trend is likely to continue during the forecast period. The manufacturing segment is estimated to portray a higher CAGR during the forecast period.

Regional Analysis

In terms of regions, the 3D printing plastics market in the Asia-Pacific region is estimated to witness the highest growth during the forecast period. North America and Europe are expected to continue being the major markets for 3D printing plastics, driven by the robust presence of the aerospace & defense and healthcare industries, which are the prime end-users of 3D printing plastics. 

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Key Players

Some of the major players in the 3D printing plastics market are-

• Arkema S.A.
• BASF 3D Printing Solutions GmbH
• Clariant
• CRP Group
• DowDuPont Inc.
• Evonik Industries AG
• Envisiontec GmbH
• Eos GmbH Electro Optical Systems
• Golden Plastics
• HP Inc

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players).
• SWOT analysis of key players (up to 3 players).

Market Segmentation

• Current market segmentation of any one of the product types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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