Europe Polypropylene In 3D Printing Industry Overview
The Europe Polypropylene in 3D Printing market size was valued at USD 1,148.40 thousand in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.2% from 2022 to 2030.
The growth of the polypropylene in 3D printing market in the region depends on its use in automotive, medical, aerospace defense, and consumer goods industries. The use of polypropylene in these end-use industries is attributed to its properties, including chemical resistance, impact resistance, lightweight, and good flexibility. Polypropylene manufacturers for 3D printing are entering into distribution partnerships with renowned distributors to expand their reach and gain competitive advantage.
Gather more insights about the market drivers, restrains and growth of the Europe Polypropylene In 3D Printing Market
The market size for polypropylene in 3D printing in Germany was valued at USD 291.98 thousand in 2021. The high market share of the country is attributed to the presence of well-established automotive, medical, aerospace defense, and consumer goods industries. According to the International Trade Administration data of 2020, Germany has the third-largest aerospace defense market in Europe. The Federal Ministry of Economic Affairs and Energy (BMWi) lists aerospace as a significant industry with a solid industrial core and high growth rate in Germany.
Aerospace applications use advanced engineering materials to reduce weight while improving performance. 3D printing enables the fabrication of lightweight and highly complex structures, contributing to its usage in the aerospace sector. The growing adoption of lightweight plastic components by many manufacturers to achieve fuel efficiency and weight reduction in passenger and sports cars is driving the automotive industry in Germany.
The rising adoption of PP in the automotive sector due to easy processability, effective sealing, and stiffness features will increase safety subsystems, doors, and seat components. This is expected to fuel the polypropylene in 3D printing market in Germany.
Germany’s consumer market is one of the largest consumer goods industries in Europe. Due to the properties of flexibility and chemical resistance, use of polypropylene in 3D printing across Germany has witnessed growth in the consumer goods industry, including consumer electronics manufacturing. This trend is expected to follow throughout the forecast period and boost the demand for polypropylene in the 3D printing market in Germany.
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- 3D Printing Market - The global 3D printing market size was valued at USD 13.84 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.8% from 2022 to 2030. Globally, 2.2 million units of 3D printers were shipped in 2021 and the shipments are expected to reach 21.5 million units by 2030.
- Polypropylene Compounds Market - The global polypropylene compounds market size was valued at USD 17.59 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2021 to 2028. The growth of the automotive and electronics industries across emerging nations is expected to be the key growth factor for the global market over the forecast period.
Europe Polypropylene In 3D Printing Market Segmentation
Grand View Research has segmented the Europe polypropylene in 3D printing market based on form, end-use, and country:
Europe Polypropylene in 3D Printings Market Outlook, By Form (Volume, Kilotons; Revenue, USD Thousand, 2019 - 2030)
- Filament
- Powder
Europe Polypropylene in 3D Printings Market Outlook, By End-Use (Volume, Kilotons; Revenue, USD Thousand, 2019 - 2030)
- Automotive
- Medical
- Aerospace Defense
- Consumer Goods
Europe Polypropylene in 3D Printings Regional Outlook (Volume, Kilotons; Revenue, USD Thousand, 2019 - 2030)
- Europe
- UK
- Germany
- France
- Italy
- Czech Republic
- Poland
- Hungary
- Romania
Market Share Insights
- December 2021: Braskem started an Amazon E-Commerce store to make polypropylene filaments for 3D printing accessible to the public. Braskem and Xenon Arc collaborated to develop the first consumer-facing e-commerce platform of the company on Amazon.
- August 2021: Braskem entered into a partnership with distributors Nexeo Plastics, LLC to distribute Braskem’s polypropylene (PP) filament to North America and Europe.
- June 28, 2021: Volkswagen, a leading German car manufacturer, planned to adopt binder jet 3D printing technology to create components at its Wolfsburg, Germany factory. The company is the first one to use 3D printing technology in the car manufacturing process.
Key Companies profiled:
Some prominent players in the Europe polypropylene in 3D printing market include
- BASF SE
- LyondellBasell Industries Holding B.V.
- SABIC
- Exxon Mobil Corporation
- Covestro AG
- RECERUS INDUSTRIES S.L.
- Braskem
- Sculpteo
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