Medical 3D Printing Plastics Market Size, Share, Future Growth Insights And Latest Trends

The global medical 3D printing plastics market size is expected to reach USD 1.38 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 26.6% from 2020 to 2027. Demand for medical 3D printing plastics is ascending at a prominent rate owing to the COVID-19 pandemic situation. The pandemic situation caused a sudden increase in demand for face mask and covers, gloves, head and shoes cover, and other medical devices.

In terms of volume, the photopolymer type segment accounted for the largest share in the year 2019 and is anticipated to maintain its lead over the forecast years. Photopolymers are used to produce various medical components, including hearing aid, dental implants, and face mask. Components produced using photopolymer have high accuracy as well as smooth surface finish and complex shapes can be produced easily. These properties make it suitable for medical 3D printing process.

Asia Pacific is anticipated to witness substantial growth over the coming years owing to various factors such as presence of government initiatives, such as Make in India, rising number of medical products manufacturers, and increasing R&D investments in the medical 3D printing plastics sector by private as well as public organizations. In addition, various medical product manufacturing companies have started looking towards India for establishing manufacturing facilities post COVID-19 pandemic situation.

Full Research Report On Medical 3D Printing Plastics Market Visit Here: https://www.grandviewresearch.com/industry-analysis/medical-3d-printing-plastics-market

Medical 3D Printing Plastics Market Report Highlights

• Key raw materials utilized in the production of medical 3D printing plastics include styrene, amides, lactic acid, ether, glycols, and ethylene, which are by products of crude oil and natural gas
• In terms of volume, the photopolymer type segment accounted for a prominent share in the market in 2019 and is expected to witness significant growth over the forecast period
• The filament form segment dominated the global market and accounted for 74.91% share of the overall revenue in 2019
• As of 2019, North America accounted for 44.89% share of the overall revenue. Increasing focus of packaging product manufacturers is assisting the market growth in region.

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Medical 3D Printing Plastics Market Segmentation

Grand View Research has segmented the global medical 3D printing plastics market on the basis of basis of type, form, and region:

Medical 3D Printing Plastics Type Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• ABS
• PEEK
• PETG
• Photopolymer
• Polyamide
• Polylactic Acid

Medical 3D Printing Plastics Form Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• Filament
• Powder
• Ink

Medical 3D Printing Plastics Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• South Africa

List of Key Players of Medical 3D Printing Plastics Market:

• 3D Systems, Inc.
• Apium Additive Technologies GmbH
• Arkema
• DSM
• ENVISIONTEC, INC.
• Evonik Industries AG
• SABIC
• Solvay
• Stratasys Ltd.
• Victrex plc

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Biofertilizers Market Size Is Estimated To Reach $2.70 Billion By 2027

The global biofertilizers market size is projected to reach USD 2.70 billion by 2027, expanding at a CAGR of 12.8%, according to a new report by Grand View Research, Inc. Rising demand for organically produced food products across emerging economies backed with growing economic stability is the key boost to the marketspace.

Organic food products are naturally-derived without utilizing any food additives or synthetic chemicals. Key contributors to the organic food market include organically produced meat and dairy products, organically cultivated fruits and vegetables, and naturally-derived beverages, which include both alcoholic as well as non-alcoholic beverages. Growing consumer preference for healthy eating habits globally coupled with rising disposable income levels of individuals in the emerging economies of Asia Pacific, including Indonesia, Japan, India, and Thailand, is projected to boost the demand for organic food and beverage products in the region.

Further, according to the Research Institute of Organic Agriculture, number of organic farmers has grown significantly since 2000 due to the constant efforts undertaken by government agencies and agricultural and environmental authorities globally. The government to raise awareness about the benefits of switching to organic harvesting and incentives to promote sustainable farming practices. The largest market for organic food retail sales in 2017 and 2018 was the U.S. followed by Germany, France, China, and Italy, respectively. Growing acceptance of organic-based farming techniques and consumer inclination toward organic food are anticipated to drive the demand for organic fertilizers in the foreseeable future.

Yet another key driver for development of the market is the increased focus on environmental sustainability, which would result in reduced consumption of petroleum-based products and a shift to bio-based alternatives. Carbon footprint of greenhouse gas emission is one of the major hazards associated with the manufacturing of chemicals from crude oil. The use of biofertilizers is bound to minimize carbon footprints significantly in due course and is, therefore, being highly promoted by key regulatory authorities worldwide. Biofertilizer production emits significantly lower CO2, which makes them increasingly popular in the developed regions of North America and Europe.

Full Research Report On Biofertilizers Market Visit Here: https://www.grandviewresearch.com/industry-analysis/biofertilizers-industry

Biofertilizers Market Report Highlights

• North America accounted for the largest market share of 32.6%, in terms of revenue, in 2019 and is projected to grow at a volumetric rate of 12.3% from 2020 to 2027
• Nitrogen fixing biofertilizers are observed to reflect heavy growth in terms of consumption with a CAGR of 12.1% from 2020 to 2027 on account of widespread demand generation from North American and European agricultural communities to boost yield of various cereals
• Among the various crop types, cereals & grains captured a significant market with global biofertilizer consumption share of 76.4%. This was majorly due to heavy demand for wheat from various Asian and Latin American countries such as Thailand, Singapore, India, Brazil, and Argentina.

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Biofertilizers Market Segmentation

Grand View Research has segmented the global biofertilizers market on the basis of product, application, crop type, and region:

Biofertilizers Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Nitrogen Fixing
• Phosphate Solubilizing
• Others

Biofertilizers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Seed Treatment
• Soil Treatment

Biofertilizers Crop Type Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Others

Biofertilizers Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Argentina
• Middle East & Africa

List of Key Players of Biofertilizers Market

• CBF China Biofertilizers
• Lallemand Inc.
• Novozymes A/S
• Fertilizers USA LLC
• AgriLife
• Symborg SL

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Wax Market Size Is Anticipated To Reach $12.4 Billion By 2027

The global wax market size is expected to reach USD 12.4 billion by 2027 registering a CAGR of 2.8%, according to a new report by a Grand View Research, Inc. The market growth can be attributed to rapid expansion of application areas, such as cosmetics & toiletries, paints & coatings, and candle manufacturing. High demand for wax as a performance additive in plastics industry on account of its rising utilization as a water- and solvent-based mold release agent for polyurethane foam processing applications will boost the growth.

Moreover, its ability to function as a release agent and lubricant for engineering resins is expected to fuel the market growth over the forecast period. The market is driven by significantly growing demand for synthetic products worldwide. Two major subdivisions of synthetic wax include fully synthetic and partially synthetic. These are increasingly being used in cosmetics and personal care sectors, such as hair care, skin care, makeup, and other allied products. They are also used in hot melt adhesives, printing ink formulations, and coating solutions among others.

In terms of volume, mineral wax product segment accounted for the maximum share in 2019 and is anticipated to continue its dominance over the forecast years. Synthetic wax product segment is expected to witness the fastest CAGR from 2020 to 2027 due to the high demand for coatings, hot melt adhesives, paperboard, candles, printing inks, laminating, PVC lubricants, and polish formulations. Asia Pacific is anticipated to witness substantial growth owing to the rising living standards and rapid industrialization, especially in China and India.

Full Research Report On Wax Market Visit Here: https://www.grandviewresearch.com/industry-analysis/wax-market

Wax Market Report Highlights

• Fluctuating prices of natural gas and crude oil are anticipated to affect the production capacity of synthetic wax and agricultural commodity prices, which, in turn, is likely to affect the production of natural wax
• In terms of volume, mineral wax product segment accounted for a prominent share in 2019 and is further expected to witness steady growth over the forecast period
• Candles application led the market and accounted for more than 30% of the overall revenue share in 2019
• Key companies have undertaken strategies, such as partnerships, M&A, and product launch, to gain higher market share
• For example, in February 2020, Trecora Resources, a leading provider of specialty hydrocarbons and waxes, entered into logistics service agreement with Odyssey Logistics for the distribution of its products

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Wax Market Segmentation

Grand View Research has segmented the global wax market on the basis of product, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Mineral
• Synthetic
• Natural

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Candles
• Packaging
• Plastic & Rubber
• Cosmetics & Toiletries
• Fire Logs
• Adhesives
• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa

List of Key Players of Wax Market

• Sinopec Corp.
• China National Petroleum Corp. (CNPC)
• HollyFrontier Corp.
• BP PLC
• Nippon Seiro Co., Ltd.
• Baker Hughes
• Exxon Mobil Corporation
• Sasol Limited
• International Group Incorporated (IGI)
• Evonik Industries AG
• BASF SE
• Honeywell International Inc.
• Royal Dutch Shell Plc
• Mitsui Chemicals

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

Industrial Plastic Market Size Is Estimated To Reach $103.96 Billion By 2027

The global industrial plastic market size is anticipated to reach USD 103.96 billion by 2027, registering a revenue-based CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. Developments in the building and construction and electrical and electronics industries are projected to positively impact the demand for industrial plastics.

Industrial plastics reduce weight in various equipment, thus improving their performance and reducing the overall maintenance cost. Rising demand for environment-friendly and energy saving products and solutions is expected to drive the market for industrial plastics. Moreover, increasing investments by the government and private institutions in the aerospace and defense sector are projected to contribute to the demand for these industrial plastics.

Most global companies are expected to enhance their product offerings for their consumers in Asia Pacific, Central and South America, and the Middle East and Africa. This can be attributed to significant growth opportunities for these companies in the electrical and electronics and building and construction industries. Strategic partnerships, capacity expansion, and new product development are among the major strategies adopted by most players operating in the market.

Demand for products that are lightweight, durable, and efficient is increasing in various applications, including automotive, electrical and electronics, building and construction, and various others. New product launches have enabled consumers to pick application-specific products from a wide range of options. Expansion of distribution channels has also made industrial plastics readily available to the users, thus acting as a driving force for the growth of this market. 

Full Research Report On Industrial Plastic Market Visit Here: https://www.grandviewresearch.com/industry-analysis/industrial-plastic-market

Further key findings from the study suggest:

• Based on product, polyamide occupied the largest share in 2019 on account of its properties, such as rigidity, sliding friction, dimensional stability, and chemical resistance
• PEKK emerged as the fastest growing product segment in Asia Pacific and North America as it is used in 3D printing application in the healthcare, automotive, and aerospace industries
• By application, the automotive and transportation segment accounted for 29.16% share of the global revenue in 2019 and is projected to witness significant growth over the forecast period
• Key players operating in the industrial plastic market include BASF SE; SABIC; Victrex plc; Ensinger GmbH; Evonik Industries AG; LyondellBasell Industries Holdings B.V.; Arkema Inc.; Eastman Chemical Company; Solvay SA; Formosa Plastics Corporation; Teijin Limited; and Mitsubishi Engineering Plastics Corporation.

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Grand View Research has segmented the global industrial plastic market on the basis of product, application, and region:

Industrial Plastic Product Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• Polyphenylene Ether
• Acrylonitrile Butadiene Styrene (ABS)
• Polybutylene Terephthalate (PBT)
• PEEK
• Polyamide
• Polysulfone (PSU)
• Polyphenylsulfone (PPSU)
• Liquid Crystal Polymers
• Polytetrafluoroethylene (PTFE)
• Polyetherimide
• PEKK
• Polycarbonate
• Others

Industrial Plastic Application Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• Packaging
• Building & Construction
• Electrical & Electronics
• Automotive & Transportation
• Healthcare
• Aerospace
• Others

Industrial Plastic Regional Outlook (Volume, Tons; Revenue, USD Million, 2016 - 2027)

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• Italy
• Spain
• U.K.
• Turkey
• Asia Pacific
• India
• Japan
• China
• Southeast Asia
• Central & South America
• Brazil
• Mexico
• Middle East & Africa

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com