Latest News- High Temperature 3D Printing Plastics Market: Aerospace is expected to lead the End-user segment during 2025-2029
The High Temperature 3D Printing Plastics Market is being driven by Growth in automotive applications
The High Temperature 3D Printing Plastics Market is expected to grow at a CAGR of 13.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 790 million. The high temperature 3D printing plastics market is experiencing robust growth, fueled by continuous product innovations and introductions. Notably, in February 2024, Evonik unveiled a new photopolymer resin designed for digital light processing (DLP) 3D printers. This flame retardant and mechanically robust material, certified with a UL 94 V-0 flame retardancy rating at a 3mm thickness, offers ease of use with its pourable nature at room temperature. Post-processing capabilities enable achieving desired surface textures. The cured product boasts high elongation at break, providing flexibility and resilience akin to acrylonitrile butadiene styrene (ABS) plastics. This development underscores the industry's focus on safety, durability, and industrial applications.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on End-user (Aerospace, Healthcare, Electrical and electronics, Automotives, Others) Type (Polyetherimide (PEI), Polyetheretherketone (PEEK), Polyphenylsulfone (PPSU), Polyetherketoneketone (PEKK)) Geography (North America, Europe, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in High Temperature 3D Printing Plastics Market Research Report
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The High Temperature 3D Printing Plastics Market encompasses advanced technologies like Fused Deposition Modeling, focusing on customized parts creation using 3D printing plastics. Finishing techniques ensure high dimensional accuracy, good surface finish, and long-term durability. High-heat resistant plastics such as Polyetherketoneketone (PEKK) and Polyetherimide (PEI) offer exceptional properties like toughness, fatigue resistance, creep resistance, and mechanical strength. Heat-resistant plastics like PEI and PEKK are used in industries like aerospace and medical devices for their long-term durability and high strength. Other high-temperature plastics like Powder Bed Fusion are known for their ability to handle complex geometries with low warpage. Additives like castor oil, bio-based polymers, carbon fiber, and enhancers improve the properties of these plastics, resulting in high strength and durability. High-performance applications include the Space Station, medical implants, and Oil & Gas industries.
The High Temperature 3D Printing Plastics Market is a significant segment of the global specialty chemicals industry, encompassing companies specializing in high-value-added chemicals for 3D printing applications. Key sectors include 3D printing prototypes, customization, tooling, aerospace, and renewable resources. Market expansion will be fueled by increasing demand for PEEK 3D printing, additive manufacturing in aerospace, and the shift towards high-performance polymers in production processes. Technavio's market analysis indicates that this trend will continue, driven by the growing need for advanced materials in industries such as automotive, medical, and energy.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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