United State – Global 3D Printing Polymer Materials Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider 3D Printing Polymer Materials market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global 3D printing polymer materials market size was US$ 451.1 million in 2021. The global 3D printing polymer materials market is forecast to grow to US$ 751.7 million by 2030 by growing at a compound annual growth rate (CAGR) of 7.5% CAGR during the forecast period from 2022 to 2030.
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Factors influencing the Market
In the current scenario, almost every industry, including healthcare, automotive, aerospace, defense, is adopting 3D printing technology. As a result, the global 3D printing polymer materials market will witness ample growth opportunities in the coming years.
The 3D printing polymer materials market is forecast to witness solid traction due to the mass production of components and the growing number of advancements. Royal DSM N.V. unveiled high-performing 3D printing materials, Somos PerFORM Reflect and Arnitel ID2060 HT in November 2018. Furthermore, Stratasys, Ltd. unveiled next-generation PolyJet 3D Printers in the same year.
The beneficial applications of 3D printing polymer materials in the aerospace & defense sector are projected to propel the growth of the overall global market.
Engineering students use 3D printing technology to develop prototypes of their projects. Thus, the adoption of the technology in the educational segment is forecast to surge the market growth in the coming years.
The high cost of 3D printing materials may act as a significant challenge in the 3D printing polymer materials market growth.
COVID-19 Impact Analysis
The COVID-19 crisis has negatively impacted the 3D printing polymer materials market as the demand for the material reduced drastically from various end-user industries. In addition, economic slowdown and disruptions in disposable income patterns further hampered market growth.
Massive disruptions in the global supply chain surged delays in import and export activities. As a result, all of this hampered the growth of the 3D printing polymer materials market. On the contrary, the healthcare segment witnessed a significant burden due to the rapid rise in the number of COVID-19 cases. Thus, the global 3D printing polymer materials market witnessed notable recovery in that segment.
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Regional Analysis
North America is forecast to emerge as the largest 3D printing polymer materials market during the forecast period. The growth of the market is attributed to the high demand for metal-based materials from the aerospace & defense, and automotive industries. In addition, the rising penetration of advanced technologies and high spending from governments in healthcare and defense is likely to surge the growth of the 3D printing polymer materials market. Furthermore, the region is home to some of the prominent players like Stratasys, 3D Systems, and others. Thus, all of these factors will benefit the regional 3D printing polymer materials market during the study period.
Competitors in the Market
- Stratasys
- 3D Systems
- EOS
- Voxeljet
- Envision Tec
- Taulman 3D
- Asiga
- Bucktown Polymers
- Carima
- DWS
- ColorFabb
- Other Prominent Players
Market Segmentation
The global3D printing polymer materials market segmentation focuses on Type, Application, and Region.
Based on Type
- Photopolymer
- PLA
- ABS
- PMMA
- Others
Based on Application
- Automotive
- Aerospace & Defense
- Healthcare
- Consumer Goods
- Construction
- Education
- Others
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Based on Application
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Key questions answered in the global 3D Printing Polymer Materials market report are:
- How does a global company acquire markets?
- What are its core strategies and policies?
- What factors will influence the 3D Printing Polymer Materials market over the forecast period?
- What are the factors driving and restraining the market for 3D Printing Polymer Materials?
- What are the leading competitors in the global market?
- Which region is growing at a higher pace in the global market?
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