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3D Printing PLA Market by Application (Consumer Products, Automotive Parts, Industrial Applications, Healthcare, Aerospace and Defense, Others) And Geography - Global Forecast To 2027
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3D Printing PLA Market Projected to Reach $818 Million by 2027, Growing at a CAGR of 19.8% [Redding, California, October 12, 2023] – The 3D Printing PLA Market is set to experience significant growth, with a projected CAGR of 19.8% from 2020 to 2027, ultimately reaching a market value of $818 million by 2027. This growth is attributed to the rapid evolution of 3D printing technology, which is anticipated to offer an attractive alternative to conventional manufacturing methods in the near future. The surge in the 3D Printing PLA market is primarily driven by heightened environmental conservation efforts and the escalating demand for biodegradable materials. 3D Printing PLA is widely employed in applications such as automotive, food & beverage, and artistic goods, with a focus on aesthetics and form over strength and durability. In the automotive sector, PLA is frequently used for producing tools, jigs, and fixtures, while in the food & beverage industry, it finds application in custom packaging solutions. Top 10 Companies in the 3D Printing PLA Market: https://meticulousblog.org/top-10-companies- in-3d-printing-pla-market/ 1.Stratasys LTD. - Founded in 1989 and headquartered in Rehovot, Israel, Stratasys is a leading manufacturer of 3D printers and materials, including FDM and PolyJet3D printers. The company offers a range of PLA materials made from renewable sources, enabling rapid design prototyping and providing a diverse selection of colors. Stratasys is known for its Stratasys F123 series printers, which are compatible with PLA materials. The company has a global presence across the Americas, Europe, and Asia-Pacific, serving customers in numerous countries. 2.ColorFBB B.V. - Established in 2013 and based in Belfield, Netherlands, ColorFBB specializes in the production of PLA/PHA filaments for the 3D printing industry. They offer DPA-100 support material for 3D printing filaments, along with on-demand color customization services that allow customers to choose from 178 different colors of PLA filament. ColorFBB is actively expanding through alliances and partnerships with fablabs and 3D printing studios, serving customers in over 60 countries. 3.Ultimaker B.V. - Founded in 2011 and headquartered in Geldermalsen, Netherlands, Ultimaker is a prominent manufacturer of 3D printers, 3D printing materials, and software. Their products find applications in the automotive, architecture, healthcare, and education sectors. Ultimaker is widely recognized for its resellers in the 3D printing filaments, which include MatterHackers, 3D Universe, 3DV Corporation, and Dynamism. 4.Polymaker - Established in 2012 and headquartered in Suzhou, Jiangsu, Polymaker specializes in manufacturing polymer filaments and high-quality materials for the 3D printing industry. They introduced innovative materials such as polymaker pc-pbt, PolyMAx PC-FR, and PolyLite PC polycarbonate. Polymaker serves a wide range of industries, including automotive, aerospace, industrial manufacturing, medical, and consumer goods. 5.Torwell Technologies Co. Ltd. - Founded in 2010 and based in Shenzhen, China, Torwell is a manufacturer and seller of various 3D printer filaments, including PLA, ABS, HIPS, Nylon, PETG, flex filament, wood filament, and conductive filament. The company has a global customer base, with a presence in Europe, North America, Japan, and other Asian countries. 6.Evonik Industries AG - Headquartered in Essen, Germany, Evonik is a leading specialty chemicals provider with a significant presence in the 3D printing materials market. The
company operates through its Performance Materials segment and maintains a global presence across the Middle East & Africa, Asia-Pacific, the Americas, and Europe. 7.BASF SE - Established in 1865 and headquartered in Emmen, Netherlands, BASF is a manufacturer of various 3D filaments for industrial purposes. BASF invests heavily in research and development to advance the industrial and functional application of 3D printing. 8.Zortrax - Founded in 2013 and based in Olsztyn, Poland, Zortrax is a developer of various 3D printing solutions, including 3D printers, filaments, Z-SUITE software, and other devices. The company offers a range of 3D models made from biodegradable materials, focusing on eco- friendly production. 9.Fillamentum - Founded in 2011 and headquartered in Hulin, Czech Republic, Fillamentum is involved in the manufacturing of various 3D filaments, including PLA, flex, PETG, ASA, Nylon, ABS, and HIPS. Their products are highly regarded for their quality and reliability in the 3D printing industry. 10.FormFutura - Established in 2012 and headquartered in Amsterdam, Netherlands, FormFutura produces 3D filaments, resins, and adhesives. The company offers a wide range of filaments, including PLA, ABS, ASA, HIPS, PETG, PP, and PVA, serving the global market, particularly in Western Europe. This authoritative research on the 3D Printing PLA Market provides comprehensive insights into the top companies operating in the industry. The report covers various aspects, including recent financial performance, key products, significant company strategies, partnerships, and acquisitions. Top 10 Companies in the 3D Printing PLA Market: https://meticulousblog.org/top-10-companies- in-3d-printing-pla-market/ For more information, please refer to Meticulous Research®'s comprehensive report on the “3D Printing PLA Market - Global Opportunity Analysis and Industry Forecast (2021-2027)," which offers in-depth market size estimates, market share analysis, revenue figures, and coverage of key industry trends and developments. About Meticulous Research® Meticulous Research® is a prominent market research and consulting firm dedicated to providing high-quality market intelligence reports and solutions to its clients. With deep industry expertise and advanced technologies, the company delivers actionable insights and strategic guidance to help businesses make informed decisions. Contact Us: Meticulous Research® Email-sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn-https://www.linkedin.com/company/meticulous-research