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DUBLIN, June 24, 2022 /PRNewswire/ — The “3D Printing Plastics Market by Type (Photopolymer, ABS, PLA, Polyamide), Form (Powder, Liquid, Filament), Application, End-User Industry (Aerospace & Defense, Healthcare, Automotive, Electronics & Consumer Goods) and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The 3D printing plastics market is estimated to be USD 721 million in 2022 and is projected to reach USD 1,907 million by 2027, at a CAGR of 21.5% between 2022 and 2027. The supportive initiatives undertaken by governments of different countries to support the adoption of 3D printing technologies in various industries is one of the most significant factors projected to drive the growth of the 3D printing plastics market.
Increased supply of of 3D printing plastics due to forward integration of major polymer companies and mass customization are also contributing to the growth of the 3D printing plastics market. However, skepticism regarding acceptance of new technologies in emerging economies has affected the 3D printing plastics market adversely .
Key Players
- 3D Systems Corporation
- Arkema SA
- BASF SE
- Covestro Ag
- CRP Technology SRL
- EI Du Pont De Nemours & Company
- Envisiontec GmbH
- Eos GmbH Electro Optical Systems
- Evonik Industries Ag
- Formlabs, Inc.
- Henkel Ag
- Huntsman Corporation
- Lehman & Voss & Co.Kg
- Oxford Performance Materials, Inc
- Sabic
- Shenzhen Esun Industrial Co., Ltd.
- Solvay SA
- Stratasys, Ltd.
- Ultimaker BV
- Zortrax
Report Highlights
Initiatives are undertaken by governments of different countries to support the adoption of 3D printing technologies in various industries.
3D printing is being used in a wide range of industries around the world because it reduces operating time and costs while enabling mass production of goods. Governments from around the globe are taking steps to encourage the adoption of 3D printing plastics in a variety of industries. For instance, the Government of India’s Ministry of Electronics and Information developed a 3D printing policy in December 2020 to create a favorable environment for local firms.
Full story available on Benzinga.com
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