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3. Stratasys, Ltd. (US) and Arkema (France) are Leading Players in the 3D Printing Plastics Market

The 3D printing plastics market is projected to grow from USD 1.7 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 22.0% during the forecast period. 3D printing plastics, also known as 3D printing filaments, refer to the thermoplastic materials used as feedstock for fused deposition modeling (FDM) 3D printers. These materials come in various types with different properties, offering a wide range of choices for engineering-grade materials, elastomers, and composites. The main types of 3D printing plastics include thermoplastics, which are the most commonly used type of plastic, and thermosetting materials, which are also used in 3D printing processes. The selection of the right 3D printing plastic depends on the specific performance requirements, such as chemical, optical, mechanical, and thermal characteristics, as well as the intended use of the 3D printed parts. The 3D printing plastics are used in various industries for making toys, models, prototypes, molds, and even end-use parts, offering a wide range of applications

Major manufacturers in this market are based in Asia Pacific, North America and Europe. 3D printing plastics market are 3D Systems Corporation (US), Arkema (France), BASF SE (Germany), Stratasys, Ltd. (US), Solvay (Belgium), Shenzhen eSUN Industrial Co., Ltd. (China), Evonik Industries AG (Germany), EOS (Germany), Formlabs (US), SABIC (Saudi Arabia), CRP TECHNOLOGY S.r.l. (Italy), Henkel AG & Co. KGaA (Germany), Huntsman International LLC (US), Ensinger (Germany), and Zortrax (Poland) are among a few leading players operating in the 3D printing plastics market. Major focus was given to the development of new manufacturing processes for 3D printing plastics and recent deals due to the changing requirements across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their presence in the 3D printing plastics market further.

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Stratasys, Ltd. (US)

Stratasys, Ltd. is a manufacturer of 3D printing plastics. Stratasys, Ltd. is a global leader in connected, polymer-based 3D printing solutions, which it provides at every stage of the product life cycle, with multiple technologies and complete solutions for superior application fit across design and manufacturing. The company’s focus, in particular, is on polymer 3D printing solutions that address the fastest-growing manufacturing solutions, which it views as the biggest potential growth opportunity in the 3D printing industry.

The company has focused on the adoption of organic and inorganic strategies to cement its position as the market leader in the 3D printing plastics market. This includes the various product launches and developments and acquisitions, which have been supported by several contracts, collaborations, and partnerships with businesses from across the world.

Arkema (France)

Arkema is a chemical producer that provides specialty chemicals and advanced materials. The company manufactures various products for the construction, packaging, chemical, automotive, electronics, food, and pharmaceutical industries. It operates through three business segments: high-performance materials, industrial specialties, and coating solutions. The company offers 3D printing plastic materials through its coating solutions business segment. The company outlines long term agreement as one of the key practices for growing its 3D printing plastics business.

Evonik Industries AG (Germany)

Evonik Industries is one of the major chemical and specialty chemical companies. The company operates its business through five segments, namely, technology & infrastructure, performance materials, smart materials, nutrition & care, and special additives. The company has over 20 years of expertise in developing and manufacturing 3D printing materials, offering a diverse portfolio of thermoplastic and elastomeric materials for various 3D printing technologies. Evonik's 3D printing plastics are used in industrial applications, including the production of plastic parts, medical devices, and other end-use products. The company's 3D printing materials include nylon powders, elastomers, PEEK filaments, specialized photopolymers, and bioresorbable polymers for medical applications. Evonik's involvement in the 3D printing industry extends to investment in software start-ups that support industrial companies in adopting 3D printing technologies.

Related Reports:

3D Printing Plastics Market by Type (Photopolymer, ABS, Polyamide, PLA, PETG), Form, Application (Prototyping, Manufacturing, Tooling), End-Use Industry (Healthcare, Aerospace & Defense, Automotive, Consumer Goods), and Region- Global Forecast to 2028

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