3D Printing Plastics Market to reach USD 12 billion by 2032, Says Global Market Insights inc.
3D Printing Plastics Industry size is expected to register 22% CAGR between 2024 and 2032 propelled by increasing demand for additive manufacturing in various industries.
Selbyville, Delaware, July 01, 2024 (GLOBE NEWSWIRE) — 3D Printing Plastics Market is projected to worth USD 12 billion by 2032, as per a
Asia Pacific to maintain its dominance
Asia Pacific 3D printing plastics market will depict a noteworthy CAGR over 2024-2032. Asia Pacific’s proliferating production industry, associated with technological innovations, ushered in the adoption of 3D printing for rapid prototyping and production. The strengthening awareness of sustainability and environmental issues has led industries to explore sustainable materials such as biodegradable 3D printing plastics. The personalization abilities offered by 3D printing serve the diverse consumer demands in the healthcare, automotive, and consumer goods sectors. This merger of technological development, ecological consciousness, and demands thrives the 3D printing plastics industry in Asia Pacific.
3D Printing Plastics Market Players
Major 3D printing plastics vendors include Evonik, BASF, Leapfrog, 3D Universal, 3D Systems, Inc, Arcam, Materialise NV, Arkema, Imagin Plastics Ltd., Stratasys, ExOne GmbH, and Push Plastic, among others.
Key 3D printing plastic manufacturers are strengthening their presence by investing heavily in R&D to advance printing technologies. They are expanding their market share through alliances and acquisitions, expanding their product line and global footprint. These 3D printing plastics producers lead in advancement by offering exhaustive solutions integrating advanced materials, software, and printing technologies, strengthening their position as market leaders. They engage closely with industry leaders to comprehend shifting demands, providing customized solutions and support services.
In February 2024, Evonik entered a joint venture with Jland Biotech. The partnership allows Evonik to present commercial quantities of collagen for usage in skincare products.
In February 2024, BASF Coatings signed a collaborative agreement with INEOS Automotive for its global body and paint program.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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