The Photopolymerization Process 3D Printing market was valued at US$1.792 billion in 2019 and is expected to grow at a CAGR of 18.03% over the forecast period to reach a total market size of US$5.719 billion by 2026.
Three-dimensional printing is rapidly gaining momentum in industrial and academic research environments alike. Rapid prototyping, tooling, dentistry, microfluidics, biomedical devices, tissue engineering, drug delivery, etc. are just a few of the applications of 3D printing technologies that have been developed in recent years. One of the most flexible methods of 3D printing, photopolymerization enabled by polymer chemistry with diverse properties, is the photopolymerization-based process (e.g. stereolithography and digital light processing). It is also now possible to create accurate 3D models of a patient's anatomical regions, using data from computer scans, through photopolymerization. This technique also has a high resolution that makes it ideal for all types of prototyping, as well as mass production. A number of printing technologies have used polymers, such as inkjet printing and the newly popular 3D printing. Printing companies use it heavily because it produces better results.
In February 2021, Nexa3D and Henkel, for example, introduced a new class of photoelastic for high-performance 3D printing. Henkel and Nexa3D announced that Nexa3D will be supplying three new photopolymer materials within the global Nexa3D channel in response to Henkel's increased demand for stereolithography 3D printing. Moreover, Azul 3D partnered with Wilson Sporting Goods to display HARP's capabilities in order to open up the market for high-speed photopolymerization. Two new 3D printed pickleball paddles were designed in collaboration with the two companies, which could revolutionize pickleball and its playing style. These developments are expected to boost the growth of 3D polymerization printing.
In photopolymerization, ultraviolet light is used to cure the resin. During 3D printing, it is used to cure deposited material. The deposited material is cured by ultraviolet light. A cure makes the deposited material into a solid, turning it from a semi-solid or liquid state. As soon as the 3D printer has finished printing a layer, it projects a UV light over it. When exposed to UV light, the deposited material undergoes a reaction, effectively solidifying. In the cured state, the material becomes solid and the 3D printer can produce a solid, finished object. A major 3D technique using photopolymers is stereolithography. Furthermore, companies are always releasing new products to keep up with the competition. A joint portfolio of polymers from BASF's Forward AM 3D printing unit and materials and systems manufacturer Photocentric has been released. The new resins were developed as part of an ongoing strategic partnership between Photocentric and Forward AM. They are designed to work with Photocentric's LCD systems. The companies will jointly market ten visible light photopolymers as part of their efforts to "industrialize additive manufacturing."
A 3D-printable photopolymer with the world's highest strain was launched by Adaptive3D Technologies on April 24th, 2021. The company has partnered with several Fortune 500 companies to develop proprietary chemistry for photo-curable resins, which allows materials to be more durable and parts to be stronger. With 450% strain, the material is 115% stronger than the closest competitor. A new system by 3D printing start-up Fortify, called Continuous Kinetic Mixing (CKM), will enable 3D-printed photopolymers to feature new functionality. Fortify says its new system is designed to address longstanding challenges in the processing of filled resins in additive manufacturing as well as to meet market demand for advanced material properties. INFINAM® TI 3100 L and INFINAM® ST 6100 L are two photopolymers produced by Evonik that are suited for industrial 3D printing applications. Two new ready-to-use polymer resins have been released to use with common technologies for VAT polymerization, such as SLA or DLP.
The disadvantage of this material is that it is more complicated to process (for example, a careful pre-and post-exposure bake is needed), and the final structure is slightly distorted. Due to the fact that DLP 3D printing technology is highly precise, it could only print small models, thus, it is mostly used in the field of jewelry casting and dentistry. Further, the components only have a limited degree of UV resistance. Consequently, Photopolymerization 3D printing market growth is likely to be hindered by these factors.
COVID-19 has given 3-D printing a whole new perspective, highlighting the importance of 3D printing in the development of personal protective equipment for healthcare workers by universities, technology firms, and 3D print enthusiasts. In an entrepreneurial era, rapid prototyping technologies such as 3D printing are able to produce anything from face mask parts to respirator components to coronavirus nasal testing swabs, instantly. In contrast to traditional manufacturing methods, 3-D printing allows components to be made locally and on-demand rather than being mass-produced overseas. Especially for applications in medical, dental, and automotive, the portfolios of materials continue to expand. The demand for larger-scale production of printers continues to grow - one example being the recent release of the Massivit 5000, geared toward manufacturing applications in the automotive, rail, and marine industries. A UV-curable gel is used in the Massivit 5000 model to produce parts measuring up to 57 inches wide, 44 inches deep, and 70 inches tall in 30 times less time than other methods. As a result of such developments, the pandemic has had a positive effect on the market.
|Market size value in 2019||US$1.792 billion|
|Market size value in 2026||US$5.719 billion|
|Growth Rate||CAGR of 18.03% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Technology, Volume, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Photopolymerization Process 3D Printing, Formlabs, Inc., FlashForge Corporation, 3DSystems, Inc., ENVISIONTEC, INC., Henkel, Unzi Technology LLC, SparkMaker|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the photopolymerization process 3D printing market by 2026?
A1. The photopolymerization process 3D printing market is expected to reach a market size of US$5.719 billion in 2026.
Q2. What is the size of the photopolymerization process 3D printing market?
A2. Photopolymerization Process 3D Printing Market was valued at US$1.792 billion in 2019.
Q3. What are the growth prospects for the photopolymerization process 3D printing market?
A3. The global photopolymerization process 3D printing market is expected to grow at a CAGR of 18.03% over the forecast period.
Q4. How is the global photopolymerization process 3D printing market segmented?
A4. The photopolymerization process 3D printing market has been segmented by technology, volume, and geography.
Q5. What factors are anticipated to drive the photopolymerization process 3D printing market growth?
A5. Continuous research and development are mainly driving the photopolymerization process 3D printing market.
Photopolymerization Process 3D Printing
Unzi Technology LLC
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