Polymers For Additive Manufacturing Market
Global polymers for additive manufacturing market is estimated to be valued at USD 203.2 Mn in 2024, exhibiting a compound annual growth rate (CAGR) of 21.2% from 2024 to 2031. Polymer additive manufacturing refers to the process of building three-dimensional solid objects using digital model data. This manufacturing technique uses a layer-by-layer approach to process polymers in the form of filaments, liquid resins, or powders into complex geometries. Some key advantages of using polymers for additive manufacturing include their low cost, flexibility to print complex shapes, large design freedom, lightweight structures and ability to incorporate multiple materials into a single build. Polymer 3D printing allows for rapid prototyping and production of functional parts across diverse industries such as automotive, aerospace, biomedical and consumer goods.
Market Dynamics:
Global polymers for additive manufacturing market is driven by factors such as growing demand for custom made 3D printed parts, increasing R&D investments by major corporations and technological advancements leading to wider material offerings. Additionally, rising prominence of lightweight and durable prototypes along with benefits like reduced waste and shorter product development cycles are fueling market opportunities. However, high capital investment for equipment and lack of standardized processes continue to hinder the market growth. Moreover, issues pertaining to software design limitations and limited material properties as compared to traditional manufacturing also challenge the adoption of polymer 3D printing. Industry players, such as Arkema S.A, are focusing on new product launches centered around engineering grade thermoplastics and photopolymers to further expand material capabilities.
Key Features of the Study:
- This report provides in-depth analysis of the global polymers for additive manufacturing market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global polymers for additive manufacturing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Arkema S.A., Covestro AG, DuPont, Inc., EOS GmbH, Evonik Industries AG, INTAMSYS, Prototal Industries, Stratasys Ltd., BASF SE, Saudi Basic Industries Corporation (SABIC), Huntsman International LLC., and NatureWorks LLC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global polymers for additive manufacturing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global polymers for additive manufacturing market
Market Segmentation
Table of Contents
* Browse 50 market data tables* and 40 figures* on “Global Polymers for Additive Manufacturing Market” – Global forecast to 2031.
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