3D Printing Plastics Market by Type, by Form, by End-User, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2019–2026

The Global 3D Printing Plastics Market is valued to reach USD 1,854.0 million by 2023, growing at a CAGR of 25.5% over forecast period 2020–2026. Key factors driving the market growth include increasing demand for 3D printing technology in various applications in end-use industries, ease in customized product development and demand for bio-based plastics.

Get Sample Report: https://dataintelo.com/request-sample/?reportId=70711

3D printing materials have received a significant attention in the past five to ten years. The 3D printing processes available are considerable in mass to produce prototypes and end-use production parts using plastic and metal materials. The materials used in additive manufacturing technology systems are defined by technology and 3D printing technology blends into simultaneous developments that have hugely impacted the process used in 3D printing.

Thermoplastics are some of the widely used materials for 3D printing. Plastics are commonly employed in injection molding and are recommended to work for thermoplastics. 3D printing technologies such as fused deposition modelling offer a high compatibility with 3D printing. For instance, biocompatible materials such as ULTEM 100 and polycarbonate are used in developing 3D printed parts using FDM techniques and laser sintering. The materials exhibit several mechanical properties while delivering complex designs that is rendered highly intricate using conventional manufacturing. Other techniques such as direct metal laser sintering, stereolithography and polyjet are used in developing plastic and metal designs layer by layer by employing unique processes.

In some specific processes, plastic nylons are used in 3D printing in form of powdered aggregates. Powdered nylons are then heated, fused and sintered layer by layer through carbon dioxide laser in order to form thick plastic designs.

3D Printing Plastics Market Drivers:

3D printing plastics market is driven by rise in automotive production along with significant demand for 3D printing within automotive industry particularly in passenger vehicle segment. Rise in demand from the end-user base is likely to trigger the market developments in the near future. In addition, the market growth is highly influenced by extensive use of 3D printing to minimize the desired time. Cost-efficiency and effectiveness is high as compared with metal industry and the propensity of plastic use in emerging economies is playing a pivotal role in development of 3D printing. In addition, growing investments and funding for research plays a crucial in larger companies.