North America Plastics for SLS 3D Printing Market Forecast to 2030
North America Plastics for SLS 3D Printing Market Forecast to 2030 – Regional Analysis – by Type (Polyamide, Thermoplastic Polyurethane (TPU), Polyether Ether Ketone (PEEK), and Others) and End-Use Industry (Healthcare, Aerospace & Defense, Automotive, Electronics, Others)
$2,840 – $4,440
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Advancements in SLS-Compatible Plastic Materials Fuel North America Plastics for SLS 3D Printing Market
Many companies are focused on the continuous development of SLS-compatible plastic materials with improved properties, such as durability, heat resistance, and flexibility. For instance, companies such as HP and BASF have been collaborating to develop innovative SLS materials. They have introduced PA11 and PA12 nylon materials that exhibit not only improved strength but also increased flexibility, making them suitable for applications ranging from automotive components to consumer goods. These materials are designed to withstand extreme conditions while maintaining their integrity. Moreover, advancements in heat-resistant plastics are becoming increasingly relevant, especially in the aerospace and industrial sectors. Advanced materials, such as ULTEM, are known for their exceptional heat resistance and flame-retardant properties. These materials have found applications in producing aircraft interiors and components for critical machinery operating in high-temperature environments. In the healthcare sector, the development of biocompatible plastic materials for SLS has enabled the creation of patient-specific implants and surgical tools. These materials not only exhibit high strength and flexibility but also meet stringent biocompatibility standards. Therefore, rising awareness regarding the development of SLS-compatible plastic materials is propelling their use in different application sectors such as automotive, aerospace & defense, and healthcare, thereby driving the North America plastic for SLS 3D printing market.
North America Plastics for SLS 3D Printing Market Overview
SLS 3D printing is increasingly adopted in a wide range of industries, such as aerospace, automotive, healthcare, and manufacturing. This is due to the advantages of SLS 3D printing over conventional manufacturing methods, such as the ability to produce complex and customized parts with high precision and accuracy. SLS 3D printing is well-suited for prototyping and rapid manufacturing applications because SLS 3D printers can produce high-quality parts in a relatively short amount of time. SLS 3D printing is also employed for rapid prototyping and manufacturing of medical devices, surgical equipment, diagnostic tools, prosthetics, and implants. The presence of SLS 3D printing companies in the region is further expected to boost the demand for plastics for SLS 3D printing. SLS 3D printing companies are strategizing business expansion to cater to the rising demand from end-use industries. For instance, in 2023, Nexa3D announced the acquisition of XYZ Printing’s SLS printing operations.
The growth of automotive and aerospace industries in the region is further anticipated to create lucrative opportunities for plastics for the SLS 3D printing market. As per the International Organization of Motor Vehicle Manufacturers, in 2022, North America registered a production of 14.79 million vehicles. As per a report by the American Automotive Policy Council, car sales in the region are expected to exceed 17.7 million vehicles per year by 2025. North America marks the presence of several aerospace companies, such as Precision Castparts Corp, Spirit AeroSystems, Textron, General Dynamics, L3Harris Technologies, and GE Aviation. According to a report by the International Trade Administration (ITA), the government of Canada allocated US$ 1.36 billion through the Federal Strategic Innovation Fund to support the aerospace sector in 2021-2022. Canada ranks among the top 5 aerospace goods export markets for the US, and it exported 56.6% of goods required in US-based industries manufacturing aircraft, engines, and components in 2021. SLS 3D printing is used for manufacturing varied aerospace components, including jet engines, fixtures, brackets, turbine blades, ducting systems, heat exchangers, and fuel nozzles. Therefore, the growth of automotive and aerospace industries in the region is expected to drive the demand for plastics for SLS 3D printing.
North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
North America Plastics for SLS 3D Printing Market Segmentation
The North America plastics for SLS 3D printing market is segmented based on type, end-use industry, and country.
Based on type, the North America plastics for SLS 3D printing market is categorized into polyamide, thermoplastic polyurethane (TPU), polyether ether ketone (PEEK), and others. The polyamide segment held the largest North America plastics for SLS 3D printing market share in 2022.
In terms of end-use industry, the North America plastics for SLS 3D printing market is segmented into healthcare, aerospace & defense, automotive, electronics, and others. The electronics segment held the largest North America plastics for SLS 3D printing market share in 2022.
Based on country, the North America plastics for SLS 3D printing market is segmented into the US, Canada, and Mexico. The US dominated the North America plastics for SLS 3D printing market in 2022.
3D Systems Corp, BASF SE, Evonik Industries AG, Arkema SA, Ensinger GmbH, Stratasys Ltd, Sinterit Sp Zoo, EOS GmbH, and CRP Service SRL are some of the leading companies operating in the North America plastics for SLS 3D printing market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Geographical coverage: | |
| Year of Publication: |
According to the Research Team’ research, the North America plastics for SLS 3D printing market was valued at US$ 55.17 million in 2022 and is expected to reach US$ 214.68 million by 2030, registering a CAGR of 18.5% from 2022 to 2030. Adoption of recyclable materials for SLS 3D printing and growing demand for lightweight and durable parts in various industries are among the critical factors attributed to the North America plastics for SLS 3D printing market expansion.
The adoption of more recyclable SLS materials and processes in the North America plastic for SLS 3D printing market is anticipated to play a significant role in aligning with sustainability goals and reducing environmental impact. This trend is driven by a rising awareness of the environmental footprint of manufacturing processes and a desire to minimize waste. For instance, a few companies are working on SLS-compatible plastics that can be reprocessed and reused in new prints, reducing material waste and cutting down on the need for virgin materials. Bluesint process involves a dual laser powder bed fusion system that heats recycled sintering powder prior to the process. The process is claimed to achieve a 100% recycling rate. This “closed-loop” approach is in line with the circular economy concept, promoting sustainability by reducing the consumption of new resources. Furthermore, there is an increasing focus on optimizing SLS processes to make them more energy-efficient. The advances in SLS machine design and printing parameters aim to reduce energy consumption while maintaining high-quality output. This shift toward more sustainable SLS materials and practices benefits the environment as well as aligns with the sustainability goals of many industries. It allows businesses to reduce their environmental impact while embracing the advantages of SLS 3D printing, making it beneficial for both manufacturing efficiency and eco-conscious practices. As sustainability remains a top priority across industries, the adoption of recyclable SLS materials and eco-friendly processes is expected to remain a future trend. Thus, the adoption of recyclable materials for SLS 3D printing is projected to boost the North America plastic for SLS 3D printing market growth in the coming years.
On the contrary, high cost of SLS-compatible plastics hamper the growth of North America plastics for SLS 3D printing market.
Based on type, the North America plastics for SLS 3D printing market is categorized into polyamide, thermoplastic polyurethane (TPU), polyether ether ketone (PEEK), and others. The polyamide segment held 72.0% share of the North America plastics for SLS 3D printing market in 2022, amassing US$ 39.71 million. It is projected to garner US$ 158.04 million by 2030 to expand at 18.8% CAGR during 2022-2030.
By end-use industry, the North America plastics for SLS 3D printing market is segmented into healthcare, aerospace & defense, automotive, electronics, and others. The electronics segment held 26.1% share of North America plastics for SLS 3D printing market in 2022, amassing US$ 14.42 million. It is projected to garner US$ 58.53 million by 2030 to expand at 19.1% CAGR during 2022-2030.
Based on country, the North America plastics for SLS 3D printing market is categorized into the US, Canada, and Mexico. The US held 82.5% share of North America plastics for SLS 3D printing market in 2022, amassing US$ 45.53 million. It is projected to garner US$ 179.98 million by 2030 to expand at 18.7% CAGR during 2022-2030.
Key players operating in the North America plastics for SLS 3D printing market are 3D Systems Corp, BASF SE, Evonik Industries AG, Arkema SA, Ensinger GmbH, Stratasys Ltd, Sinterit Sp Zoo, EOS GmbH, and CRP Service SRL, among others.
In April 2023, Stratasys acquired Covestro AM materials to expand its differentiated 3D printed materials offering in stereolithography, DLP, and powders to address more manufacturing industry applications.
In February 2023, 3D Systems introduced a novel High-Speed Fusion industrial 3D printer platform and material portfolio, which was developed in collaboration with Jabil Inc.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America plastics for SLS 3D printing market., thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America plastics for SLS 3D printing market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Plastics for SLS 3D Printing Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors/Suppliers:
4.3.4 End Users:
5. North America Plastics for SLS 3D Printing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Advancements in SLS-Compatible Plastic Materials
5.1.2 Growing Demand for Lightweight and Durable Parts in Various Industries
5.2 Market Restraints
5.2.1 High Cost of SLS-Compatible Plastics
5.3 Market Opportunity
5.3.1 Increasing Demand for SLS 3D Printing from the Healthcare Industry
5.4 Future Trend
5.4.1 Adoption of Recyclable Materials for SLS 3D Printing
5.5 Impact Analysis
6. Plastics for SLS 3D Printing Market – North America Market Analysis
6.1 North America Plastics for SLS 3D Printing Market Revenue (US$ Million)
6.2 North America Plastics for SLS 3D Printing Market Volume (Tons)
6.3 North America Plastics for SLS 3D Printing Market Forecast and Analysis
7. North America Plastics for SLS 3D Printing Market Analysis – Type
7.1 Polyamide
7.1.1 Overview
7.1.2 Polyamide: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 Polyamide: North America Plastics for SLS 3D Printing Market Volume and Forecast to 2030 (Tons)
7.1.3.1 PA11
7.1.3.1.1 PA11: North America Plastics for SLS 3D Printing Market – Revenue and Forecast to 2030 (US$ Million)
7.1.3.1.2 PA11: North America Plastics for SLS 3D Printing Market – Volume and Forecast to 2030 (Tons)
7.1.3.2 PA12
7.1.3.2.1 PA12: North America Plastics for SLS 3D Printing Market – Revenue and Forecast to 2028 (US$ Million)
7.1.3.2.2 PA12: North America Plastics for SLS 3D Printing Market – Volume and Forecast to 2030 (Tons)
7.2 Thermoplastic Polyurethane
7.2.1 Overview
7.2.2 Thermoplastic Polyurethane: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
7.2.3 Thermoplastic Polyurethane: North America Plastics for SLS 3D Printing Market Volume and Forecast to 2030 (Tons)
7.3 Polyether Ether Ketone
7.3.1 Overview
7.3.2 Polyether Ether Ketone: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
7.3.3 Polyether Ether Ketone: North America Plastics for SLS 3D Printing Market Volume and Forecast to 2030 (Tons)
7.4 Others
7.4.1 Overview
7.4.2 Others: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
7.4.3 Others: North America Plastics for SLS 3D Printing Market Volume and Forecast to 2030 (Tons)
8. North America Plastics for SLS 3D Printing Market Analysis – End-Use Industry
8.1 Healthcare
8.1.1 Overview
8.1.2 Healthcare: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
8.2 Aerospace and Defense
8.2.1 Overview
8.2.2 Aerospace and Defense : North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
8.4 Electronics
8.4.1 Overview
8.4.2 Electronics: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Plastics for SLS 3D Printing Market Revenue and Forecast to 2030 (US$ Million)
9. North America Plastics for SLS 3D Printing Market – Country Analysis
9.1 North America
9.1.1 North America Plastics for SLS 3D Printing Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 North America Plastics for SLS 3D Printing Market Breakdown by Country
9.1.1.2 US Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3 US Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
9.1.1.3.1 US Plastics for SLS 3D Printing Market Breakdown by Type
9.1.1.3.2 US Plastics for SLS 3D Printing Market Breakdown by End-Use Industry
9.1.1.4 Canada Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.5 Canada Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
9.1.1.5.1 Canada Plastics for SLS 3D Printing Market Breakdown by Type
9.1.1.5.2 Canada Plastics for SLS 3D Printing Market Breakdown by End-Use Industry
9.1.1.6 Mexico Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.7 Mexico Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
9.1.1.7.1 Mexico Plastics for SLS 3D Printing Market Breakdown by Type
9.1.1.7.2 Mexico Plastics for SLS 3D Printing Market Breakdown by End-Use Industry
10. Industry Landscape
10.1 Overview
10.2 Merger and Acquisition
10.3 Other Business Strategies
11. Company Profiles
11.1 3D Systems Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 BASF SE
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Evonik Industries AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Arkema SA
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Ensinger GmbH
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Stratasys Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Sinterit Sp Zoo
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 EOS GmbH
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 CRP Service SRL
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
LIST OF TABLES
Table 2. North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Table 4. North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 5. North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons) – Type
Table 6. North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – End-Use Industry
Table 7. US Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 8. US Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons) – By Type
Table 9. US Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – By End-Use Industry
Table 10. Canada Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 11. Canada Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons) – By Type
Table 12. Canada Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – By End-Use Industry
Table 13. Mexico Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – By Type
Table 14. Mexico Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons) – By Type
Table 15. Mexico Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million) – By End-Use Industry
LIST OF FIGURES
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: North America Plastic for SLS 3D Printing Market
Figure 4. Market Dynamics: North America Plastic for SLS 3D Printing Market
Figure 5. North America Plastic for SLS 3D Printing Market Impact Analysis of Drivers and Restraints
Figure 6. North America Plastics for SLS 3D Printing Market Revenue (US$ Million), 2020 – 2030
Figure 7. North America Plastics for SLS 3D Printing Market Volume (Tons), 2020 – 2030
Figure 8. North America Plastics for SLS 3D Printing Market Share (%) – Type, 2022 and 2030
Figure 9. Polyamide: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Polyamide: North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 11. PA11: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. PA11: North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 13. PA12: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. PA12: North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 15. Thermoplastic Polyurethane : North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Thermoplastic Polyurethane: North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 17. Polyether Ether Ketone: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Polyether Ether Ketone: North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 19. Others: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 20. Others : North America Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 21. North America Plastics for SLS 3D Printing Market Share (%) – End-Use Industry, 2022 and 2030
Figure 22. Healthcare : North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Aerospace and Defense: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. Automotive: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Electronics: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Others: North America Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. North America Plastics for SLS 3D Printing Market Revenue, by Key Countries, (2022)(US$ Mn)
Figure 28. North America Plastics for SLS 3D Printing Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 29. US Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 30. US Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 31. Canada Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 32. Canada Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
Figure 33. Mexico Plastics for SLS 3D Printing Market Revenue and Forecasts to 2030 (US$ Million)
Figure 34. Mexico Plastics for SLS 3D Printing Market Volume and Forecasts to 2030 (Tons)
1. 3D Systems Corp
2. BASF SE
3. Evonik Industries AG
4. Arkema SA
5. Ensinger GmbH
6. Stratasys Ltd
7. Sinterit Sp Zoo
8. EOS GmbH
9. CRP Service SRL
You must be logged in to post a review.
Reviews
There are no reviews yet.