Global 3D Printing Plastics Market: Key Highlights
Global 3D Printing Plastics Market: Key Market Dynamics
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Global 3D Printing Plastics Market: Regional Overview
The 3D printing plastics market in the North American region is projected to witness high demand due to the high demand from aerospace & defense and automotive industries in the region. The US aerospace industry is the largest across the globe and contributed to around USD 374 billion of the country’s GDP in 2018. In the same year, the aerospace and defense exports of the country were USD 151 billion, which was an increase of 5.81% as compared to 2017.
Asia-Pacific is the key region for potential 3D printing adoption, primarily dominated by South Korea, China and Japan, which currently contributes to over 20 percent of the market share. This growth potential is supported by an extensive industrial base, supportive government policies and funding in research and development those countries provide, while both Japan and China are noteworthy in terms of government initiatives and rapid growth in this field.
Global 3D Printing Plastics Market: Key Players Overview
3D Systems, Inc is one of the global leaders in the innovation of the 3D printing to the manufacturing. The company offers 3D printers for plastic and metals, print materials, manufacturing software, and manufacturing services. 3D Systems, Inc’s solution servers the number of applications for prototyping through production in markets such as aerospace, automotive, medical, dental and consumer goods. In march 2020, 3D Systems, Inc expanded its plastics materials portfolio to address broadest set of applications in the additive manufacturing industry. The plastic material includes Figure 4 RUBBER-65A BLK, Accura Fidelity, Accura Bond, Accura Patch, and Figure 4 JEWEL MASTER GRY are specially designed for the company's Figure 4 and Stereolithography (SLA) printing technologies.
Arkema SA engaged in the manufacturing of both industrial chemicals and performance products. The company operates through four business segments namely, advanced material, coating solutions, adhesives, and intermediates. Through these business segments, Arkema SA offers market solutions such as 3D printing, adhesives & sealants, automotive & transportation, building & construction, coating, paints, inks, composite & advanced materials, electronics & electricals, oil & gas, cooling & refrigeration and many others.
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