3D Printing High Performance Plastic Market worth $362 million by 2028 – At a CAGR of 24.0%

The According to a market research report, the 3D Printing High Performance Plastic Market by Type (PA, PEI, PEEK & PEKK, Reinforced HPP), Form (Filament & Pellet, Powder), Technology (FDM/FFF, SLS), Application, End-Use industry, and Region – Global Forecasts to 2028″, is estimated at USD 123 million in 2023 and is projected to reach USD 362 million by 2028, at a CAGR of 24.0% from 2023 to 2028. During the forecast period, the global 3D printing high performance plastic market is expected to grow significantly in the coming years, driven by increasing demand from various industries such as aerospace & defense, medical & healthcare, and transportation. The market is also expected to benefit from the increasing adoption of high performance polymers as they are outperforming their metal counterparts in an increasing number of applications because they are lighter, cheaper, and faster to produce in smaller quantities than metal parts.

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• 306 Market data Tables
• 71 Figures
• 313 Pages and in-depth TOC on “3D Printing High Performance Plastic Market – Global Forecast to 2028”

This report also provides a comprehensive analysis of the companies listed below:

Major players operating in the 3D printing high performance plastic market include Arkema (France), 3D Systems, Inc. (US), Markforged (US), Stratasys (US), Evonik Industries AG (Germany), Oxford Performance Materials, Inc. (US), EOS GmbH (Germany), Solvay (Belgium), SABIC (Saudi Arabia), BASF SE (Germany), Impossible Objects (US), Apium Additive Technologies GmbH (Germany), Ensinger (Germany), Victrex plc (UK), and CRP Technology S.r.l. (Italy). These companies have reliable manufacturing facilities as well as strong distribution networks across key regions, such as North America, Europe, and Asia Pacific. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies. Furthermore, these companies have a significant market share, products with wider applications, broader geographical use cases, and a larger product footprint.

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Based on type, the 3D printing high performance plastic market is segmented on the basis of PA, PEI, PEEK & PEKK, reinforced plastics,  and others. High performance plastics are materials that have enhanced mechanical or thermal properties than the more widely used plastics such as ABS, PP, PS, PE, and PET. These materials display resistance to a broad range of chemicals and solvents as well as gamma, beta, and x-rays. These materials find applications in the medical & healthcare, transportation, and aerospace & defense industries.

Based on form, the 3D printing high performance plastic market is segmented based on filament and pellet, and powder. Each of the forms has its own advantages and disadvantages. At present, filaments are the most widely used form for the 3D printing of objects. The majorly used FDM technology employs high performance plastic filaments in the process. However, high performance plastics in the powder form 3D printed through SLS technology are gaining popularity. High performance plastic powders used for printing are usually polyamide and alumide. Polyamide is a white-colored, strong, and flexible plastic and offers optimum durability.

Based on technology, the 3D printing high performance plastic market is segmented on the basis of fused deposition modeling (FDM)/fused filament fabrication (FFF)and selective laser sintering (SLS). These additive manufacturing technologies are used to create visual models, prototypes, and functional parts. They help in creating objects with exceptional detail, high accuracy, and excellent mechanical properties. FDM/FFF is the most widely used technology across the world as is inexpensive and has excellent compatibility with high performance plastic materials.

Based on application, the market for 3D printing high performance plastic is segmented based on prototyping, tooling, and functional part manufacturing. Prototyping remains a major application of 3D printing high performance plastics. On the other hand, 3D printing high performance plastics have found increased adoption in functional part manufacturing, especially in the aerospace & defense industry.

Based on end-use industry, 3D printing high performance plastic finds applications in various end-use industries such as aerospace & defense, medical & healthcare, transportation, and oil & gas. Low-cost plastics such as ABS and PLA do not provide sufficient strength to craft figurines and other objects. However, 3D printing high performance plastics can be used to create engineering-grade parts with high strength, lightweight, and increased durability in various end-use industries.

Based on Region, North America accounted for the largest market share, in terms of value, in 2022, due to increased demand from the medical & healthcare, aerospace & defense, and transportation industries. The presence of major 3D printing players, such as Stratasys and 3D Systems Corporation, is supporting the market growth in the country. North America has the highest number of 3D printing startups focused on niche markets. The US is one of the largest markets for 3D printing high-performance plastics in the world, with some of the major companies, such as Stratasys, Oxford Performance Materials, 3D System, Inc, and 3DXTECH, in the country. The US also hosts one of the highest numbers of 3D printing startups in the world.

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