Vancouver, BC -- (SBWIRE) -- 03/17/2021 -- The global 3D printing plastic market is projected to be worth USD 4,480.0 Million by 2027, according to a current analysis by Emergen Research. The 3D printing plastic market is observing an accelerated growth rate attributed to its increasing demand from the automotive industry. 3D printing offers the benefit of substituting cost-prohibitive and longer lead-time in CNC manufacturing, enabling decreased production costs, particularly in the production process involving intricate parts and components. Also, in-house 3D prototyping assists in regulating Intellectual Property (IP) violations or data leaks as everything is manufactured on-site.

The latest report on the 3D Printing Plastic market closely surveys, examines and offers vital statistics on the 3D Printing Plastic market for the forecast period 2019 - 2026. This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.

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Furthermore, application of Porters Five Forces Analysis to determine the status of various aspects such as the capability of both the suppliers and customers, threats posed by different substitutes, the intensity of competition and promising new vendors makes the study a valuable resource. The researchers behind the market intelligence report examine the weaknesses, strengths, opportunities, and restraints expected to shape the progress of the 3D Printing Plastic market for the forecast period, 2020 to 2027. The market intelligence report includes detailed statistics on market segmentation based on product value, application, classification, and sale.

Key Highlights From The Report
In March 2020, Stratasys announced the signing of a partnership agreement with m2nxt Solutions, a firm involved in smart manufacturing and a subsidiary of Bharat Fritz Werner Ltd., to expand in the manufacturing sector in India. The collaboration is intended to start a business for Industry 4.0 by merging expertise in smart manufacturing, 3D printing, and application consultations.
Polyamide is likely to grow at the fastest rate in the forecast period and is a multipurpose 3D printing plastic, owing to its robustness, abrasion-resistant, and improved durability compared to PLA and ABS plastics.
Filament held the largest market share in 2019. ABS filament is a commonly used plastic in 3D printing and is very durable. It finds widespread usage in rapid prototyping and 3D printing settings for testing the impact resistance and durability of the products.
Healthcare held the largest market share in 2019. One of the benefits is that the 3D printing plastic can be deployed for a 3D print soft touch in contact between bone and prosthetics, resulting in enhanced patient comfort and lessening the injury risks.
The market in the Asia Pacific region is projected to grow at the fastest rate in the forecast period, attributed to the increased investment for healthcare infrastructure growth. Also, leading manufacturing firms, especially automotive firms, supportive regulations, several space launches by renowned space agencies like ISRO, and increased investments in R&D for plastic additive manufacturing drive the market growth in the region.
Key participants include Stratasys Ltd., CRP Group, 3D Systems Corporation, Royal DSM NV, Oxford Performance Materials, EOS GmbH, Arkema SA, Envisiontec GmbH, Evonik Industries AG, and SABIC, among others.

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Type Outlook (Revenue, USD Billion; 2017-2027)
ABS
Photopolymer
PLA
Polyamide
Others

Form Outlook (Revenue, USD Billion; 2017-2027)
Liquid/Ink
Filament
Powder

Application Outlook (Revenue, USD Billion; 2017-2027)
Aerospace & Defense
Healthcare
Automotive
Electronics
Others

Helping you establish a strong foothold in the industry
The 3D Printing Plastic report highlights set of information related to pricing and the category of customers who are more than willing to pay for certain products and services. The information on opportunities as well as product features, determine which offerings or benefits command sale and identify the communications channels used by the market leaders to create premium positioning strategies as well as attract broadest share.

Apart from the above mentioned content the researchers go an extra mile to define the distinct usage occasions and lists the customer segments to leverage the brand and identify future opportunities. Besides, the subject matter expert segment the target customers purely based on their consumption patterns.

Regional Outlook (Revenue, USD Million; 2017–­­­2027)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Table of Content

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. 3D Printing Plastic Market Segmentation & Impact Analysis
Chapter 5. 3D Printing Plastic Market By Product Type Insights & Trends, Revenue (USD Million)
Chapter 6. 3D Printing Plastic Market By Application Insights & Trends Revenue (USD Million)
Chapter 7. 3D Printing Plastic Market Regional Outlook
Continued…