Product ID: UCMIG20I2221
Report ID:
UCMIG20I2221 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The high-performance plastic market for 3D printing is expected to experience substantial growth, projecting an increase from USD 123 million in 2023 to USD 362 million by 2028, reflecting a compounded annual growth rate (CAGR) of 24.0%. This expansion is not limited to a specific region but is occurring on a global scale, and this upward trajectory is foreseen to continue through the forecasted period. The surge in demand for 3D printing high-performance plastic can be attributed to a variety of factors, notably government initiatives aimed at promoting the adoption of this technology across diverse industries.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Industrial Machinery by segment aggregation, the contribution of the Industrial Machinery in Capital Goods and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG20I2221