The global 3D printing plastics market size was valued at USD 1.26 billion in 2022. The market is projected to grow from USD 1.55 billion in 2023 to USD 7.46 billion by 2030, exhibiting a CAGR of 25.1% during the forecast period.
3D printing technology is used to build three-dimensional objects by layering material in a digital design or model. The 3D printing plastics model is digitally divided into horizontal layers by using specialized software, creating sets of instructions for the 3D printer. The versatility of 3D printing plastics increases their use in various applications such as automotive, consumer products, and healthcare, driving the growth.
Fortune Business Insights™ mentioned this in a report titled, “3D Printing Plastics Market, 2024-2032.”
Competitive Landscape
Strong Regional Presence of Key Players to Propel Market Growth
The leading market players’ strong geographical presence, product offerings, and distribution channels boosts the market growth. The engagement of the key market players in research and development to provide enhanced features and produce superior quality to drive market expansion.
Key Industry Development
October 2023 – Evonik launched a new grade of 12 Polyamide powders to unbound 3D printing on the bio circular raw materials. The launch is the first Polyamide power material produced for industrial uses that replaces 100 percent of fossil feedstock with bio-circular material.
List of Key Players Present in the Report:
Segments