The PLA 3D Printing material market is estimated to be valued at US$1,193.214 million in 2024. Polylactic Acid or polylactide (PLA) is a thermoplastic aliphatic polyester derived from biomass. The biodegradability and biological absorption properties of this material has resulted in an increasing application of this material in the biomedical field. The increasing demand for 3D printing solutions in the healthcare industry are thus projected to amplify the demand for PLA materials in the coming years. Furthermore, the growing movement towards environmental sustainability and increasing adoption of biodegradable materials is also projected to positively amplify the demand for PLA material for 3D printing in the coming years. However, the availability of multiple substitute materials, is estimated to hinder the growth of the market in the coming years. Geographically, the European region is projected to hold a significant share in the market owing to the increasing adoption of 3D printing solutions in the healthcare industry, combined with stringent government regulations regarding the use of non-biodegradable materials.
The PLA 3D Printing Material Market – Forecasts from 2019 to 2024 is an exhaustive study presenting the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by end-user, and geography.
The global PLA 3D Printing material market
has been segmented by end-user, and geography. By end-user, the market has been classified into healthcare, automotive, aerospace and defense, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these regions present for the manufacturers and the service providers.
Major players in the global PLA 3D printing material market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global PLA 3D printing material market.
• By End-User
o Aerospace and Defense
• By Geography
o North America
o South America
o Middle East and Africa
o Asia Pacific