3D Printing is different than subtractive manufacturing, in which a machine removes material from an existing mould. It provides a faster and less costly alternative to machining such as turning, cutting, and drilling solid materials. Nylon is one of the types of plastic in 3D printing, and these are used in personal printers. It is less expensive when compared to Acrylonitrile butadiene styrene (ABS) and polyvinyl alcohol plastic (PLA).
Europe 3D Printing Plastic Market Size & Growth:
Europe 3D Printing Plastic Market size is projected to reach X Billion by the end of 2024 with a CAGR of XX% during the forecast period. Key Parameters promoting the market growth include entry of large players from polymer industry and availability of wide range of grades as per different applications, growing awareness of the ability to manufacture objects using varied plastic materials, fast-growing technological industries, estimated rise in supply capacity with forward integration, development in application based definite results, proficient for bulk manufacturing within less time period, development of application-specific grades, and highly potential market with government support. The most commonly used 3D Printing materials in the market are plastic and photopolymer 3D Printing materials. These materials are reliable compared to the metals and also cheap, which is the reason behind their growing popularity.
Europe 3D Printing Plastic Market Share:
Europe 3D Printing Plastic Market is classified by Type, by Form, by Application, by End-User, by geography. By Type, the Europe 3D Printing Plastic Market is classified as photopolymers, ABS, polyamide/nylon. ABS is witnessed to grow at a high rate during the forecast period owing to increasing demand of ABS filament in FDM or FFM technology due to its mechanical properties over other general grades such as PLA and nylon used in FDM, and it is mostly used in commercial applications. Based on Form, these are classified as Filament, Ink, and powder. Based on Application, these are classified as Commercial/ Industrial, Hobbyist. By End-User, these are classified as healthcare & medical, defence & aerospace, consumer goods, and automotive. Healthcare & defence segments are dominating the 3D printing plastic market. These segments will demand stringent product dimensions along with their compositions. Extensive consumption of plastic materials comes from aerospace and automotive domains owing to changing product designs from time to time.
Europe is witnessed to have the market growth during the forecast period 2018-2024. The European region has an advantage of having most of the manufacturing and consumption markets, thus providing the maximum contribution to the 3D printing plastic market. Europe is the market leader in the 3D printing plastics, and these regions have a large number of suppliers of 3D printing plastics in countries like Germany, U.K., France, Italy, and others.
Europe 3D Printing Plastic Market Trends:
Europe 3D Printing Plastic Market Research Reports:
Plastic Market Share: Europe
Starting from $2700
Starting from $2700
Starting from $2700
Keep up-to-date with our weekly newsletter, Media Pulse.