3D Printing Plastics Market from 2021 to 2030 Analyzed by Business Growth Development Factors Applications and Future Prospects

In a recent published report, Kenneth Research has updated the market report for 3D Printing Plastics Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for 3D Printing Plastics Market products.

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Factors such as the growing trade of semiconductors for use in different consumer electronic products, along with the growing trend of automation and IoT, which is raising the need for the deployment of advanced electronic chipsets, therefore the advancement in the trade of semiconductors. According to the statistics by World Semiconductor Trade Statistics (WSTS), semiconductor billings around the globe per 12 months rolling average increased from around USD 250 billion in the year 2010 to around USD 460 billion in the year 2019.

3D Printing Plastics Market – Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2022
3D printing, also popularly known as additive manufacturing, is a technology that uses a printer and a digital file to produce physical and tangible objects. The digital file is technically known as computer-aided design and is made according to the print requirement, materials type, and printer used to manufacture the product. The market segmentation according to materials type is divided into key segments of commodity polymers, high performance polymers, bioplastics, and elastomers among others. The main application areas of 3D printing plastic materials are in aerospace & defense, automotive, and healthcare among others.

Globally, the demand for 3D printing plastic materials is high in economically developed countries, whereas the developing regions are catching up the pace. Extensive consumption of plastic materials comes from aerospace and automotive domains due to changing product designs from time to time. Further, the light weight of the OEM components for better fuel efficiency to reduce carbon footprint is an additional factor boosting the exponential growth of 3D printing plastics in the next 5 years.

This growth is supported by lucrative, fast-growing technological industries, and the growing manufacturing market in these regions. Currently, North America is the global leader in the 3D printing plastics market from the demand side. The European region, on the other hand, has an advantage of having large manufacturing and consumption markets, thus providing the second largest contribution to the 3D printing plastics market. From the supplier side, Europe followed by Asia Pacific are the market leaders in the 3D printing plastics. The European market is also witnessing a capital influx in 3D printing technology from Tier 1 companies, which is increasing the regional competition.

The study of the 3D printing plastics market by Infoholic Research provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision-makers to make better business plans and informed decisions for the future business. In addition, the study helps venture capitalists in understanding the companies better and take informed decisions. Some of the key players in the 3D printing plastics market are Stratasys, SABIC, DOW Chemicals, BASF, and 3D Systems.

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According to Kenneth Research, the global 3D printing plastic market is expected to grow at a CAGR of 26.5% during the forecast period to reach $1.34 billion by 2022. The Asia Pacific region has the fastest growth rate and is expected to move toward more adoption of 3D printing technology, which will directly boost the consumption by value, driven by Japan, China, and India. Asia Pacific is expected to contribute the highest growth in the global 3D printing plastic materials market.

Report Scope:
By Material Type
• Commodity Polymers
• High Performance Polymers
• Biodegradables
• Elastomers
• Others (Acrylic and Epoxy)
By End-users
• Aerospace & Defense
• Automotive
• Healthcare
• Consumer Products/Electronics
• Others
Regions
• Asia Pacific
• North America
• Europe
• Rest of the World
Industry outlook: Market trends, drivers, restraints, and opportunities

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Table of Contents
1 Report Outline
1.1 Introduction
1.2 Report Scope
1.3 Market Definition
1.4 Research Methodology
1.4.1 Data Collation & In-House Estimation
1.4.2 Market Triangulation
1.4.3 Forecasting
1.5 Study Declarations
1.6 Report Assumptions
1.7 Stakeholders
2 Executive Summary
2.1 Asia Pacific is the fastest growing region in 3D Printing plastics Market
2.2 automotive industry FUELLING Growth of 3D Printing plastics
3 Market Positioning
3.1 Total Addressable Market (TAM): 3d printing plastics market
3.1.1 Market Overview
3.1.2 Major Trends
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
4 Market Outlook
4.1 Overview
4.2 Value Chain Analysis
4.3 PESTLE Analysis
4.4 Porter 5 (Five) Forces
4.5 Patent Analysis
5 Market Characteristics
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing popularity of 3D printing technology among consumers
5.2.1.2 Expiration of old patents leading a way for new market entrants
5.2.1.3 Changing losistics scenario and cutting down the production time for part manufacturing
5.2.2 Restraints
5.2.2.1 Raw material price fluctuations restrainating market growth
5.2.2.2 Changing geo-political structure of various countries affecting the market
5.2.3 Opportunities
5.2.3.1 Need for better andcost effective 3D printing plastic materials
5.2.3.2 Large untapped market in developing and underdeveloped countries
5.2.4 DRO – Impact Analysis
6 By Type: Market Size And Analysis
6.1 Overview
6.2 Commodity polymers
6.3 Performance polymers
6.4 Biodegradables
6.5 Elastomers
6.6 Vendor Profiles
6.6.1 Stratasys Inc
6.6.2 BASF SE
6.6.3 DowDu-Pont Inc Chemicals
6.6.4 Saudi Basic Industries Corporat

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