3D Printing High Performance Plastic Market Projected to Reach $362 Million by 2028
The 3D printing high-performance plastic market is projected to grow from USD 123 million in 2023 to USD 362 million by 2028, at a CAGR of 24.0% during the forecast period. High-performance or engineering polymers are materials that have enhanced mechanical or thermal properties than the more widely used plastics such as ABS, PP, PS, PE, and PET. The 3D printing high-performance plastics considered in this report are plastics having heat distortion temperature greater than 150°C and properties such as chemical resistance, durability, and lightweight. 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.
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Major manufacturers in this market are based in North America and Europe. 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) are among a few leading players operating in the 3D Printing High performance plastic market. 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 high performance plastic market further.
Arkema (France)
Arkema specializes in producing specialty chemicals and advanced materials. The company manages its operations through four business segments, namely, Advanced Materials, Adhesive Solutions, Coating Solutions, and Intermediaries. The company offers 3D printing materials through its Coating Solutions business segment. Arkema serves the construction, packaging, chemical, automotive, electronics, food, and pharmaceutical industries. The company focuses on innovating solution-oriented research platforms such as lightweight and designed materials, new energies, and more. The company has 148 production plants in Europe, North America, Asia, and Rest of the World.
3D Systems, Inc. (US)
3D Systems, Inc. provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics, metals, wax and bio inks, materials, software, advanced manufacturing services, and digital design tools. Its solutions support advanced applications in two key industry verticals: Healthcare (which includes dental, medical devices, personalized health services, and regenerative medicine) and Industrial (which includes aerospace, defense, transportation, and general manufacturing). The company markets its products and services through subsidiaries and channel partners in North America and South America, Europe, the Middle East, Africa, Asia Pacific, and Oceania.
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Markforged (US)
Markforged is a leading provider of industrial 3D printing solutions. The company offers a range of 3D printers, software, and materials designed to meet the needs of industrial-grade applications. The company serves the aerospace, automotive, defense, industrial manufacturing, and engineering industries. Markforged’s unique approach combines continuous strands of carbon fiber, fiberglass, or other composite materials with traditional thermoplastic or metal materials, resulting in parts that are significantly stronger and more durable than conventionally printed components. The company has a presence in the Americas, Europe, Middle East & Africa, and the Asia Pacific.
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