In a recently published report, Global 3D Printing Plastics Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global 3D Printing Plastics Market products.
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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.
Global 3D Printing Plastics Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The 3D Printing Plastics Market is continuously growing across the world over the coming years. The major driving factor of global 3D Printing Plastics market are escalating supply of 3D printing plastics due to the forward integration of major polymer organizations and increasing adoption rate of 3D printing plastics across end-user industries. Moreover, the growing awareness of plastic materials in the emerging countries such as India is also major factor that boosting the market growth. However, environmental concern related to disposal of 3D printed plastic products is one of the major factor that restraint the growth of 3D printing plastic market. Plastics are most common material used in printing. The 3D printing material are widely used for the development and production of advanced custom polymers and compounded products. 3D printing plastics offer various advantages such as easily accessible, provides better quality, creative designs & customization freedom, less waste production, can implement assorted raw material and reduce risk.
The regional analysis of Global 3D Printing Plastics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominant region across the world in terms of market share owing to industrial advancement and extensive investments for dedicated R&D facilities. Asia-Pacific is also anticipated higher growth rate / CAGR of 26.7% over the forecast period 2018-2025 due to favorable government policies and increasing usage of polymers for the mass production.
The major market player included in this report are:
• 3D Systems Corporation
• Arkema S.A.
• Royal DSM N.V.
• CRP Group
• Oxford Performance Materials
• Golden Plastics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ï‚§ Aerospace & Defence
ï‚§ Electrical & Electronics
ï‚§ North America
ï‚§ Asia Pacific
ï‚§ Latin America
ï‚§ Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global 3D Printing Plastics Market in Market Study:
ï‚§ Key Consulting Companies & Advisors
ï‚§ Large, medium-sized, and small enterprises
ï‚§ Venture capitalists
ï‚§ Value-Added Resellers (VARs)
ï‚§ Third-party knowledge providers
ï‚§ Investment bankers
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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