Market revenue in 2023 | USD 242.7 million |
Market revenue in 2030 | USD 1,265.2 million |
Growth rate | 26.6% (CAGR from 2023 to 2030) |
Largest segment | Photopolymers |
Fastest growing segment | Polyamide/Nylon |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Photopolymers, ABS & ASA, Polyamide/Nylon, Polyactic acid |
Key market players worldwide | 3D Systems Corp, Arkema SA, EnvisionTEC, Stratasys Ltd, SABIC, Materialise NV ADR, HP Inc, Electro Optic Systems Hldgs Ltd, Avient Corp, Koninklijke DSM NV |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 3d printing plastics market will help companies and investors design strategic landscapes.
Photopolymers was the largest segment with a revenue share of 56.94% in 2023. Horizon Databook has segmented the Asia Pacific 3d printing plastics market based on photopolymers, abs & asa, polyamide/nylon, polyactic acid covering the revenue growth of each sub-segment from 2018 to 2030.
The 3D printing industry has evolved considerably since past 30 years in the Asia Pacific. The rapid advancements in materials and technologies have played a vital role in development. In addition, ability to produce tools, prototypes, fixtures, and other finished products through the utilization of additive manufacturing will further drive the demand growth.
However, certain factors such as lack of skilled labor & expertise, and uncertainty regarding the quality of the printed product are likely to restrain the market growth of 3D printing plastics in Asia Pacific. Also, lesser penetration of additive manufacturing in countries such as India, Malaysia, Singapore, South Korea, and other Asian countries is further restraining the market growth.
Photopolymers have witnessed massive demand in the 3D printing plastics market of Asia Pacific. These light sensitive polymeric materials tend to change their properties during exposer to ultraviolet. Their adoption is growing in medical applications including dentistry, and bone replacement material.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific 3d printing plastics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific 3d printing plastics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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