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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the 3d-printing High Performance Market
Request Now !3D printing, also popularly known as additive manufacturing, is a technology that uses a printer and a digital file to produce physical and tangible objects. The digital file is technically known as computer-aided design and is made according to the print requirement, materials type, and printer used to manufacture the product. The market segmentation according to materials type is divided into key segments of commodity polymers, high performance polymers, bioplastics, and elastomers, among others.
The main application areas of 3D printing plastic materials are in aerospace & defense, automotive, and healthcare among others. It is continuously expanding its base in various end-use industries such as aerospace & defense, medical & healthcare, transportation, oil & gas, and electrical & electronics. The increased use of 3D printing technology in these industries is expected to contribute toward the growing demand for 3D printing materials such as 3D printing high performance plastic. These materials are highly useful for producing complex and intricate parts since they withstand extreme temperature conditions. This is expected to increase the demand of 3D printing high performance plastic in the coming years, thereby leading to the growth of the 3D printing high performance plastic market. However, high price of 3D printing is the biggest hindrance for the market.
Market Scope and Structure Analysis
Report Metric | Detail |
Market size available for years | 2019-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast unit | Value (USD) |
Segments Covered | Type, Form and Application |
Companies Covered | 3D Systems Corporation, 3D4Makers, 3DXTECH, Arkema S.A., BASF New Business GmbH, DuPont, EOS GmbH Electro, Optical Systems, Evonik Industries AG, Lehman & Voss &Co. |
Covid-19 Impact Analysis
Top Impacting Factors
Globally, the demand for 3D printing plastic materials is high in economically developed countries, whereas the developing regions are catching up the pace. Extensive consumption of plastic materials comes from aerospace and automotive domains due to changing product designs from time to time. Further, the light weight of the OEM components for better fuel efficiency to reduce carbon footprint is an additional factor boosting the exponential growth of 3D printing plastics in the upcoming years. This growth is supported by lucrative, fast-growing technological industries, and the growing manufacturing across the globe.
Market trends
Key Benefits of the Report
Key Market Segments
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