The "3D Printing Plastics - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global 3D Printing Plastics Market to Reach $2.3 Billion by 2027
Amid the COVID-19 crisis, the global market for 3D Printing Plastics estimated at US$623.4 Million in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 20.5% over the analysis period 2020-2027.
Photopolymers, one of the segments analyzed in the report, is projected to record a 20.8% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polyamide/Nylon segment is readjusted to a revised 23.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $186.1 Million, While China is Forecast to Grow at 20.1% CAGR
The 3D Printing Plastics market in the U.S. is estimated at US$186.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$403.9 Million by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 17.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.4% CAGR.
Polylactic Acid Segment to Record 16.8% CAGR
In the global Polylactic Acid segment, USA, Canada, Japan, China and Europe will drive the 16.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$32.4 Million in the year 2020 will reach a projected size of US$96 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$269.3 Million by the year 2027.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 34 Featured):
3D Systems Corporation
BASF 3D Printing Solutions GmbH
Eos GmbH Electro Optical Systems
Evonik Industries AG
Oxford Performance Materials
Royal Dsm N.V.
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
REST OF EUROPE
REST OF WORLD
Total Companies Profiled: 34
For more information about this report visit https://www.researchandmarkets.com/r/427z4t
View source version on businesswire.com: https://www.businesswire.com/news/home/20210514005208/en/
Laura Wood, Senior Press Manager
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