The global photopolymers market is anticipated to reach USD 5.78 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.6% from 2023 to 2030. Rising demand for prototyping across the automotive industry and designs for understanding complex surgical procedures have increased the demand for photopolymer for 3D printing. Furthermore, increasing demand for artificial jewelry and prosthetics across the global population are further propelling the market growth.
Photopolymers Market Report Highlights
- The European market was valued at USD 2.60 billion in 2022 and is expected to grow at a CAGR of 10.6% from 2023 to 2030
- High-performance 3D printing refers to technologies that endure exceptional capabilities in terms of high speed, precision, material options, and the highest print quality. These high-performance 3D printing technologies include selective laser melting (SLM), electron beam melting (EBM), continuous liquid interface production (CLIP), and multi-material 3D printing
- Stereolithography (SLA) is the most commonly used 3D printing technology across the world. It utilizes laser light sources to carry out 3D printing of objects. The global demand for SLA-based 3D printing has rapidly increased in recent years owing to its ability to print 25–300-micron components at a high XY resolution utilizing plastic resins and photopolymers
- Photopolymers in 3D printing across the dental industry have witnessed a rise in demand in the past few years on account of their benefits, such as high-quality molds, perfect & precise designs, smoother surfaces, and higher durability, in comparison to the traditional process of manufacturing molds using thermoforming
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Photopolymers are imaging compositions, based on polymers, oligomers, and monomers which can be polymerized accordingly and cross-linked upon image-wise exposure to light radiation such as ultraviolet (UV) rays. Photopolymers used across VAT polymerization in the 3D printing processes are used in liquid form and when exposed to UV rays in the form of a laser (SLA 3D printing technology) or scattered light source (DLP/cDLP 3D printing technology), undergo polymerization process which hardens them into the desired shape, as per the requirement of the final 3D printed product.
Photopolymers have gained traction from VAT polymerization-based 3D printing technologies, including stereolithography (SLA), digital light processing (DLP), and continuous digital light processing (cDLP) owing to their higher conversion from the liquid state to solid state, higher aesthetic component quality, enhanced versatility, material performance, and part longevity. The manufacturing of prototypes for jewelry, dental, and automotive, among others, are the market drivers for the market across the globe.
The market space is highly competitive with the introduction of new technologies for high-quality and high-speed 3D printing by various companies. For instance, in May 2022, Merit3D set a record for printing 60,000 parts in a time period of eight hours. The record was accomplished using Magna 3D printers for high-speed polymerization technology offered by Photocentric.
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We have segmented the global photopolymers market based on performance, technology, application, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Additive manufacturing (AM) is an automatic process used to create rapid prototypes and functional end-use parts.
It takes virtual designs from Computer Aided Design (CAD) software, and transforms them into thin, virtual, horizontal layer-wise cross-sections, until the model is complete.
Various synonyms generally used for AM are additive fabrication, additive processes, additive techniques, additive layer manufacturing, layer manufacturing, and freeform fabrication.
The Additive Manufacturing Market is expected to grow at a CAGR of 13.5% to reach $3,471.9 millionAccording to the American Society for Testing and Materials (ASTM), is the “process of joining materials to make objects from 3D model data, usually layer upon layer”.
Technological innovations in 3d printing have been witnessed over the past few years.
Newer surgical products manufactured from AM, with better safety and efficacy attributes, contribute to the widespread adoption of the additive manufacturing in medical by physicians and patients worldwide.Download PDF - Additive Manufacturing Market:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=843 Global 3D Printing Market, by industry AutomotivesConsumer productsBusiness machinesMedicalAcademicAerospaceGovernment/militaryAutomotive or motor vehicles account for the largest share in this market, primarily due to the easy applications of 3D printing in the production of end-products (engines, spare parts, other interior, and exterior parts) as compared to other segments such as consumer products and business machines, which have limited usage in manufacturing of end-products.
The Global 3D Printing Materials Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.3D printing materials are the resources used in the additive process of creating 3D objects.
3D printing materials include plastics, metals and ceramics.
3D printing is simple yet powerful.
The choice of particular 3D materials is very important, as the final product has to be practically executed.
Carbon fibre, electrically conductive materials, silicone, biomaterials, regolith, and graphene are the emerging 3D printing materials.
In recent years, 3d printing technology is doing wonders across multiple industries.
3D printing technology can speed up the early manufacturing stage and help engineers craft the initial product faster.
Additive manufacturing can help packaging business owners reduce the time and cost of bringing a product to the market.With this digital manufacturing technology, it becomes accessible for designers to fabricate a single part and conduct the needful tests in a shorter turnaround.
So, whether a packaging company wants to improve the existing product or launch a new lineup, rapid prototyping can help in fine-tuning the final product.PersonalizationAs we move towards digital advancements and Industry 4.0 developments, customer's demand for higher personalization has gone to its peak.
Improving Packaging MachineryAdditive manufacturing can help packaging companies keep running their machinery with the minimum delay caused due to system breakdown.
Furthermore, as the printed parts are lighter and more durable than conventional robotic arms, overall operation and maintenance become more manageable.Less Material WastageCompanies can leverage 3d prototyping services to move towards more environmentally friendly packaging by reducing plastic wastage during production.
The 3D Printing Materials Market research report elaborates on growth, size, current industry trends, and key players of the industry on the basis of in-depth data mining and industry analysis.
The content of the market study ensures intellectual insights giving a better understanding of the ideal opportunities in the 3D Printing Materials market.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the 3D Printing Materials include Hoganas, Concept Laser GmbH, D Systems, Inc., Arkema S.A., Arcam AB, Solidscape, EOS GmbH Electro Optical Systems, ExOne, Voxeljet AG, Royal DSM N.V, Envisiontec, LPW Technology Ltd., SLM Solutions, Stratasys, Ltd., Optomec.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Request FREE sample copy of the report “Global 3D Printing Materials Market” at: https://www.valuemarketresearch.com/contact/3d-printing-materials-market/download-sampleMarket SegmentationThe broad 3D Printing Materials has been sub-grouped into the Product, End-User, Technology and region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
The World 3D Printing Materials Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc), is an informative market report offered by DecisionDatabases.com.3D Printing Materials market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Access Full Report with Table of Contents @ https://www.decisiondatabases.com/ip/22554-3d-printing-materials-market-analysis-reportThe Players mentioned in our reportStratasysExoneArevoDuPontTLC Korea3dsystemsLG ChemTaulman3DOrbi-TechDSMMATTERHACKERSMaterialiseRahn3D HUBSGlobal 3D Printing Materials Market: Product Segment AnalysisCeramicsPlasticsMetalsOthersGlobal 3D Printing Materials Market: Application Segment AnalysisElectronics & Consumer ProductsAutomotiveMedicalIndustrialEducationAerospaceGlobal 3D Printing Materials Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World 3D Printing Materials Market @ https://www.decisiondatabases.com/contact/download-sample-22554There are 10 Chapters to deeply display the World 3D Printing Materials market.Chapter 1 About the 3D Printing Materials IndustryChapter 2 World Market Competition LandscapeChapter 3 World 3D Printing Materials Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World 3D Printing Materials Market Forecast through 2022Chapter 10 Key success factors and Market OverviewPurchase full World 3D Printing Materials Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22554Other Reports by DecisionDatabases.com:World 3D Printing Polymer Materials Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)World 3D Printing Medical Devices Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)About Us:DecisionDatabases.com is a global business research report provider, enriching decision makers and strategists with qualitative statistics.
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