3D Printed Bioplastics Market Will Surge to USD 2,635.65 Million by 2026
The global 3D Printed Bioplastic Market in 2019 was approximately USD 518.7 million. The market is expected to grow at a CAGR of 26.3% and is anticipated to reach around USD 2,635.65 million by 2026.
3D printing is the process of manufacturing a three-dimensional solid object from a digital file. This object is created by successive adding of layers of material till the object is created. Therefore this process is also called additive manufacturing. In recent years, 3D printing has developed significantly and can now perform crucial roles in many applications, with the most important being manufacturing, medicine, architecture, custom art, and design. Complex Bioplastics are also created with the help of 3D printing technology.
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The 3D Printed Bioplastic market is segmented based on, form, material, end-user, and region. On the basis of form segmentation, the market is classified into Filament, Liquid, and Powder/Solid. In terms of material segmentation, the market is bifurcated into Polylactide (PLA), NYLON 11, Arnitel ECO (thermoplastic copolyester). With respect to the end-user market is divided into Aerospace & Defense, Automotive, Health Care, Electrical & Electronics, Others.
The global 3D Printed Bioplastic market is experiencing significant growth that is expected to continue over the upcoming years. With a massive rise in the demand for Media and Entertainment, Construction is likely to act as a key driver of the global 3D Printed Bioplastic market.The 3D Printed Bioplastic market research report delivers an acute valuation and taxonomy of the 3D Printed Bioplastic industry by practically splitting the market on the basis of different, applications, industry end-user, and regions.
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Top Market Players
Some of the leading and top companies in the 3D Printed Bioplastic market are 3D Systems Corporation, Arkema Inc., Envisiontec Inc., SABIC, Materialse nv, HP INC., Eos GmbH Electro Optical Systems, PolyOne Corporation, Royal DSM N.V.