Market Overview:
The global polylactic acid for 3D printing market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for 3D printing technology across various industries and the rising awareness about the benefits of using 3D printing technology. The global polylactic acid for 3D printing market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into 1.75MM, 3MM or 2.85 MM segments. On the basis of application, it is segmented into industrial, hobbyist, education segments. Region-wise, it is divided into North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K Rest Of Europe), Asia Pacific (China Japan South Korea India Rest Of Asia Pacific) and Middle East & Africa(GCC Countries Israel South Africa Rest Of MEA).
Product Definition:
Polylactic acid is a thermoplastic that can be used for 3D printing. It is made from renewable resources, such as cornstarch, so it is environmentally friendly. Polylactic acid has a low melting point, so it can be printed using an FDM printer without a heated bed.
1.75MM:
1.75mm refers to the thickness of Polylactic Acid (PLA), a biodegradable polymer, which is used in manufacturing 3D printing filaments for consumer and industrial applications. The growth factor in PLA filament for 3D printing market is driven by factors such as its ability to be compostable, low cost & weight coupled with high-temperature resistance during the extrusion process.
3MM or 2.85 MM:
3MM or 2.85 MM refers to the size of polymer used for 3D printing in PLA. The higher the number, the smaller is the molecular weight and vice versa. The lower limit is set by waxes like paraffin, beeswax and petrolatum; while polymers with high molecular weight above 200 are called as super-high viscosity (SHV) polymers because they have a high viscosity at low temperatures.
Application Insights:
Based on application, the market has been segmented into industrial, hobbyist and education. The industrial application dominated the overall industry in terms of revenue share in 2017. PLA is widely used for manufacturing replacement parts for various machines and equipment owing to its properties such as high strength-to-weight ratio and biocompatibility. These factors are responsible for driving the demand from end-use industries including automotive, construction and medical devices which use a large number of 3D printers across various price points.
The growth of 3D printing technology in architecture is attributed to its ability to create solid objects from digital designs that can be printed layer by layer using only plastic materials. This has led to an increase in architectural design files being uploaded onto internet servers which enables users worldwide access to download these files directly into a 3D printer's memory card or USB port using a standard computer network connection (WIFI).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a well-established healthcare sector and rapid adoption of advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing investments in research & development activities for developing novel products.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing demand from end-use industries such as automotive, consumer goods, aerospace and others. Increasing disposable income levels coupled with growing population are likely contributors toward regional market growth.
Growth Factors:
- Increasing demand for 3D printing technology from various industries
- Rising popularity of polylactic acid for 3D printing owing to its properties such as biodegradability and environmental friendliness
- Growing research and development activities in the field of 3D printing technology
- Technological advancements in the field of 3D printing that would lead to higher efficiency and accuracy
- Increasing investments by key players in the market for expansion of their business operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Polylactic Acid for 3D Printing Market Research Report
By Type
1.75MM, 3MM or 2.85 MM
By Application
Industrial, Hobbyist, Education
By Companies
ColorFabb BV, Fillamentum Manufacturing Czech s.r.o., HATCHBOX 3D, Innofil3D BV, MakerBot Industries, LLC, Polymaker LLC, Shenzhen Esun Industrial Co., Ltd, Torwell Technologies Co., Ltd, Ultimaker B.V.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Polylactic Acid for 3D Printing Market Report Segments:
The global Polylactic Acid for 3D Printing market is segmented on the basis of:
Types
1.75MM, 3MM or 2.85 MM
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Hobbyist, Education
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ColorFabb BV
- Fillamentum Manufacturing Czech s.r.o.
- HATCHBOX 3D
- Innofil3D BV
- MakerBot Industries, LLC
- Polymaker LLC
- Shenzhen Esun Industrial Co., Ltd
- Torwell Technologies Co., Ltd
- Ultimaker B.V.
Highlights of The Polylactic Acid for 3D Printing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1.75MM
- 3MM or 2.85 MM
- By Application:
- Industrial
- Hobbyist
- Education
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polylactic Acid for 3D Printing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polylactic acid (PLA) is a biodegradable plastic that can be used in 3D printing. PLA is made from renewable resources like corn and sugarcane, which makes it environmentally friendly.
Some of the key players operating in the polylactic acid for 3d printing market are ColorFabb BV, Fillamentum Manufacturing Czech s.r.o., HATCHBOX 3D, Innofil3D BV, MakerBot Industries, LLC, Polymaker LLC, Shenzhen Esun Industrial Co., Ltd, Torwell Technologies Co., Ltd, Ultimaker B.V..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polylactic Acid for 3D Printing Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Polylactic Acid for 3D Printing Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polylactic Acid for 3D Printing Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Polylactic Acid for 3D Printing Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Polylactic Acid for 3D Printing Market Size & Forecast, 2020-2028 4.5.1 Polylactic Acid for 3D Printing Market Size and Y-o-Y Growth 4.5.2 Polylactic Acid for 3D Printing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 1.75MM
5.2.2 3MM or 2.85 MM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Hobbyist
6.2.3 Education
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polylactic Acid for 3D Printing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polylactic Acid for 3D Printing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 1.75MM
9.6.2 3MM or 2.85 MM
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Hobbyist
9.10.3 Education
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 1.75MM
10.6.2 3MM or 2.85 MM
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Hobbyist
10.10.3 Education
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 1.75MM
11.6.2 3MM or 2.85 MM
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Hobbyist
11.10.3 Education
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 1.75MM
12.6.2 3MM or 2.85 MM
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Hobbyist
12.10.3 Education
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 1.75MM
13.6.2 3MM or 2.85 MM
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Hobbyist
13.10.3 Education
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polylactic Acid for 3D Printing Market: Competitive Dashboard
14.2 Global Polylactic Acid for 3D Printing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ColorFabb BV
14.3.2 Fillamentum Manufacturing Czech s.r.o.
14.3.3 HATCHBOX 3D
14.3.4 Innofil3D BV
14.3.5 MakerBot Industries, LLC
14.3.6 Polymaker LLC
14.3.7 Shenzhen Esun Industrial Co., Ltd
14.3.8 Torwell Technologies Co., Ltd
14.3.9 Ultimaker B.V.