3D Printing Plastics Market Summary & Critical Success Factors (CSF's)|2025

28 Nov 2018 - 3D printing is commonly known as additive manufacturing and infers a process that creates a three-dimensional object in which layers of material are formed by computers to generate an object. Objects can be of any shape and can be created using digital model data from a 3D model or any other electronic data source such as additive manufacturing file. Technically, 3D printing refers a process that deposits a binder material onto a powder bed with inkjet printer heads sheet by sheet. On the basis of application, the global 3D printing plastics market is segmented into commercial, industrial and amateur.

Commercially, 3D printing uses a mixture of several types of filaments, from chocolate and cement to regenerating a tissue. 3D printing is a much new concept than additive manufacturing which serves as a much quick alternative to older engineering methods such as sculpting and forging and is also a cost-effective process. In fact, the3D printing field is much diverse and a rapidly expanding one. Nylon or polyamide is basically used in powder from for plastics printing. The process mainly follows sintering or also called as FDM process. The process ensures flexibility, durability and reliability for 3D printing.
The material can also be used with aluminum powder to produce another 3D printing material for sintering. ABS is another method which is a common and widely used method. Overall, the commercial techniques used in 3D plastics printing are deployed on a large scale worldwide, thus it can be anticipated that the global market is set to grow at a healthy CAGR during forecast period. The key driving factors responsible for the growth of 3D printing plastics market include adoption of 3D printing technology by end-use industries.

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However, lack of adoption of new and emerging technologies in developing regions is likely to impede the market growth. Moreover, dominance by large players resulting into lesser emergence of small players also limits the market growth. Other factors such as need for certification of grades and higher costs involved with production of commercial grades inhibit the market growth during the forecast period.

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On the basis of type, the global 3D printing plastics market is segmented into photopolymers, PLA, ABS and polyamide/nylon. Photopolymers type contributed to the growth of 3D printing plastics market during the forecast period and is expected to continue the dominance. The growth is mainly due to rise in demand for healthcare and medical equipment and also photopolymers are extensively used in SLA technology and for prototyping of static models in several end-use industries.
On the basis of end-use industry, the global 3D printing plastics market is segmented into healthcare & medical, aerospace & defense, commercial goods and automotive. Healthcare & medical end-use segment is anticipated to grow at a higher CAGR during the forecast period owing to enhanced technology, financial support by government and promptness in product development.
On the basis of geographic segmentation, the global 3D printing plastics market is segmented into North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. North America dominates the global market owing to presence of 3D printing plastics manufacturers. APAC regions are likely to dominate the global market owing to rapid developments in printing technology.
The growth is mainly witnessed in the regions of India, China, Malaysia, Singapore and Japan. Middle-East and African regions are anticipated to grow at a lower CAGR during the forecast period owing to less presence of printing industries and lack of support by the government. The key players in the global 3D printing plastics market include 3D Systems Corporation, EOS GmbH, Arkema SA, Stratasys and Evonik Inc.

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Solution Styrene Butadiene Rubber (S-SBR) Market Segmentation & Analysis by 2025

11 Oct 2018 - In 2016, the Global Solution Styrene Butadiene Rubber (S-SBR) Market size was valued at USD 2.51 billion. The demand for S-SBR in footwear and tire applications is increasing owing to its high synthetic flexibility is expected to drive market growth.

The automotive companies are developing vehicles with high performance and durability, resulting in stringent tire performances specifications. The S-SBR is the only material for the manufacture of high performance tires. The growth in the automotive industry is expected to have a positive impact in S-SBR market.

The increasing awareness regarding fuel saving coupled with technological advancements in tire rubbers is anticipated to show low dissipation energy such as high traction during braking, low abrasion, and low rolling resistance. S-SBR reduces the rolling resistance of vehicles, increases the fuel efficiency and improves the wet grip of tires is likely to replace emulsion styrene butadiene rubber (E-SBR) with S-SBR.

The increasing exports of tires together with the rising demand for high-performance tires from importing countries is anticipated to drive the market growth of S-SBR market. The utilization of S-SBR in tires is growing owing to the tire labelling regulation of European Union regarding the improvement in tire grades.

The fluctuating prices of raw material are most likely to hamper the S-SBR global market growth. In addition, S-SBR is expected to have a negative impact on the environment owing to its petrochemical origin. However, the utilization of bio-based butadiene is anticipated to reduce the environmental hazards linked with S-SBR.

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Application Insights

The tire industry accounted for over 81% of the total revenue share in 2016. The rising demand for S-SBR in high-performance tire manufacturing owing to its high fuel efficiency coupled with improved performance is likely to fuel over the projected period.

In terms of volume, the footwear industry was the second largest application. The application of the product in athletic shoes is on the rise owing to its grip and improved performance is likely to propel market demand. Furthermore, the availability of products through e-commerce platforms together with the changing fashion trends is expected to propel market demand.

The utilization of S-SBR in polymer modification process results in improving the end-product quality; as a result, it is utilized in the construction of roads and pavement. In addition, the application of S-SBR in the construction industry is for the alteration of cement and asphalt. These applications are likely to aid the market growth of S-SBR.

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The share of polymer modification & footwear is anticipated to decline over the forecast period owing to the rising demand for the product in tire manufacturing together with the high supply-demand gap.

The S-SBR has numerous application in the adhesive industry such as caulking, lamination paper coating, and wall tiles. The demand for the product in the adhesive industry is likely to have a positive growth owing to rising application process of S-SBR together with the rapid advent of technology.

The substantial growth in demand for S-SBR in the tire industry is anticipated to have an adverse effect on its demand in other applications. The substitution of styrene isoprene styrene (SIS) in tires is likely to have a positive impact on the demand of S-SBR over the projected period.

Regional Insights

Asia Pacific accounted for over 39.3% of the global volume in 2016. The leadership of Asia Pacific is majorly on account of the demand of S-SBR in developing economies including China, India, and Japan. China is the largest market for tire manufacturing, resulting in high demand for S-SBR in the economy.

Europe was the second largest region based on volume in 2016. The tire labeling regulations of European Union is likely to boost the demand of S-SBR in the European economies. Furthermore, the stringent regulations regarding winter tires usage are anticipated to aid the demand of S-SBR.
Germany is the automotive hub for production and consumption of numerous vehicles. The high demand in the economy has led to the emergence of various tire manufacturing companies such as Herbert, and Styron, resulting in increasing demand for S-SBR in Germany.

The demand for S-SBR in Italy is expected to witness the fastest growth as compared to its counterparts owing to the rising utilization of high-performance tires in automotive manufacturing companies including Fiat, Alfa Romeo, Lancia, Ferrari, Maserati, and Lamborghini. Furthermore, the improved specifications of tires coupled with safety awareness among consumers are most likely to aid the market growth of the product.

Competitive Insights

The key players in the market such as China National Petroleum Corporation (CNPC) and Sinopec are vertically integrated including the manufacture of raw materials (styrene & butadiene) and further polymerizing to produce synthetic rubber in order to reduce the overall cost of S-SBR.
The complex manufacturing process of S-SBR reduces the competition in the market. The companies dealing with S-SBR include Dynasol, JSR, Sinopec, and Laxness. In addition, these companies are investing in improving the supply chain by vertical integration.

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Injection Molded Plastic Market Research Methodology, Scope & Assumptions by 2012 - 2022

Global Injection Molded Plastic Market was valued around USD 200 billion in 2014 and is estimated to witness steady growth over the forecast period. The industry is continuously expanding owing to increasing demand from numerous end-user such as automotive, packaging, home appliances, electronic, and medical equipment market.



The process of injection molding involves the production of molded products by inserting molten plastics into a mold using high temperature and then solidifying it. Upgraded technology have minimized the faulty manufacturing of plastics and enhanced the bulk production of even complex shapes.

Moreover, minimum waste produced, faster rate of production, simultaneous processing of raw material and cheap labor cost are expected to be the major driver of the market. Though, the market is impeded by the high initial cost of tools and unpredictability of crude oil prices.
China plays a major role in trading and bulk production of petrochemical products and indirectly hampers the plastic industry. For this reason, many companies have implemented various strategies to minimize the impact of crude oil prices and to sustain annual growth rate.

Fluctuating prices of raw materials such as ethylene, benzene, styrene and propane associated with various environmental concerns regarding their disposal are anticipated to hamper the market over the forecast period.

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To counter such challenges, the market has shifted their focus towards manufacturing products using bio-based counterparts.

Raw Material Insights:

Propylene is the major raw material, be accounted for more than 35% of total demand in 2014 and is estimated to grow rapidly over the forecast period. The major application of molded propylene plastics is in automotive parts, packaging material, and household goods. Furthermore, the demand is expected to increase owing to its new application in the battery housing, food packaging, and protective covering in electrical appliances. This recent application is majorly due to its phenomenal properties of electrical insulation and corrosion resistance.

ABS (Acrylonitrile Butadiene Styrene) is been accounted for more than 25% of total revenue generated in 2014 and emerged as second major raw material for the production of injected molded plastics. The market is expected to grow swiftly in the future owing to increasing demand for ABS in automobile parts, electronic goods, consumer appliances, and medical devices. ABS market is expanding into other application such as DWV (Drain-Waste-Vent) pipe system, musical instruments, and golf club heads on account of better toughness and temperature & impact resistive properties.

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Application Insights:

The packaging segment had the highest demand for the plastic molded market and accounted over 30,000 kilo-tons in 2014. The industry is anticipated to witness high growth owing to its multiple end users market expansion. Enhanced performance for wear and tear, durability, and increased shell life of food products are few of the packaging application.

Expansion of construction industry owing to rapid industrialization also have the major application of molded plastics, especially for insulation, walls, doors, roofing, and flooring.
Continuous improvement in specificity, designs, and better customization has directed the market to launch more advance products bringing out new opportunities of multiple application.

Both medical and automobile industries are driving the market significantly and estimated to grow swiftly and generate revenue of more than USD 25 billion by 2022. The demand in the medical industry will rise owing to
optical clarity, cost efficient, and biocompatibility. Also, growing trend and stringent regulations for biodegradable polymers for medical devices are also predicted to build strong demand for the market.
In the automobile industry, plastics plays major role owing to improving fuel efficiency and weight reduction. This, in turn, has steered the market as a breakthrough in the automotive sector. CAFE (Corporate Average Fuel Economy) regulation to produce minimal fuel consuming vehicles may boost the market growth.

Also, shift in trend of replacing steel and metal alloys with high-quality plastics to enhance the automotive performance. This helps both automotive and molded plastic industries as reduced weights of vehicles due to plastic helps to control CO2 emission.

Few of the automotive applications include radio controls, keyless entry system, electronic control housing, splash guards, and interior armrests & bezels. The molded plastic has numerous applications in the automotive industry owing to its phenomenal properties of scratch resistance, superior strength, vibration & noise control, and recyclability.

Regional Insights:

APAC dominated the global market accounting for more than 35% in 2014. Growing automobile demand coupled with increasing infrastructure and higher disposable income in developing countries such as India, China, Japan, Indonesia, and Thailand have created huge opportunities for the market. Also, tax benefits by government offered to electronics & automotive manufacturers are anticipated to boost the market in these countries.

Europe is also a major market with total demand estimated to cross USD 75 billion by 2022. Countries such as Germany, France, and U.K. have great demand for packaging applications including pharmaceuticals, household chemicals, cosmetics, and toiletries which is a major factor driving the market in the region. Countries such as Thailand, China, Brazil, U.S., Germany, India, and Brazil are anticipated to drive the future market for Injection Molded Plastics.

Competitive Insights:

The global market is highly fragmented in Asia Pacific and Latin America largely with unorganized sectors. Product differentiation and diversified product portfolio have driven competitiveness in the market regarding distribution channels and prices.

Key players operating globally are Dow Chemical Company, BASF, HTI Plastics, and DUPont. Other companies with significant stakes in the market are Huntsman, Eastman Chemical Company, Ineos Group. SABIC, Magna International Inc., and LyondellBasell.

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Global Aramid Market Restraint Analysis and Forecast by 2013-2024

The Global Aramid Fiber Market was estimated at USD 2.84 billion in the year 2015 and is expected to register a significant growth over the forecast period on account of its increasing demand from numerous end-use applications which consist of rubber and tire strengthening, security & protection, optical fiber and electrical insulation. The cumulative increase in the use of armours on account of rising concerns regarding security among civilians is driving the growth. These armours consist of helmets, vehicle armours, body armours and bulletproof vests used in defense industry. The product is also used as a substitute to asbestos which is considered injurious to the environment.

The participants in the market have been focusing on R&D activities to develop new products that fulfil the norms and regulations enforced by regulatory bodies. It is an appropriate material for applications in aerospace on account of its properties such as lightweight and fuel efficiency. Developing nations such as India and China are estimated to witness a rapid growth due to the rise in the consumption of electrical devices and automotive in the recent past.

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The major participants in this market are emphasizing on mergers & acquisitions, collaborations with consumers and suppliers coupled with new product launches to upsurge their business presence and strengthen their foothold in the market. In addition, players are also focusing on advancements in protective clothing industry in order to address the safety concerns.

Application Insights

In terms of global market revenue, security and protection accounted for over 33.60% in the year 2015. Aramid fibers are broadly used in the manufacturing of stab resistant and fire resistant protective clothing which consist of gloves, helmets and footwear. These products are widely used for industrial, civilian and military purposes. Strict norms and regulations in the North American and European countries such as the U.S., Germany, France, and UK are fueling the regional market growth.

The rising demand for optical fibers and electrical insulation coupled with the expansion of the IT industry has resulted in endorsing demand for aramid fiber. Increasing demand from the aerospace industry for lightweight products is anticipated to enhance the expansion on account of its safety qualities and fuel efficiency.

Product Insights

The demand for para-aramid fibers in 2015 was 51.87 kilo tons. They possess high potential, owing to properties such as high tenacity, low elongation and strength-to-weight property, resulting in its rising requirement from numerous industries such as aerospace, defense and automotive.

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Meta-aramid fiber is an aromatic polyamide which possess superior physical and mechanical properties. It is widely applied in honeycombed structured products, thermal protective clothing and filtration on account of its flameproof and heat resisting properties.

Regional Insights

In terms of global revenue share, Europe was the largest market accounting for 35.10% share in the year 2015. The market is majorly determined by countries such as Germany, France and U.K. Strict regulatory norms in various industries such as oil & gas, steel & aluminium, construction and automotive has been fueling the growth and this trend is expected to continue over the next eight years.

Asia Pacific is presumed to observe a rapid growth at a CAGR of 9.60% for aramid fibers in the near future. The expansion of aramid fibers market is primarily driven by rising demand from optical fiber and automotive sector in this region. Rising consumption of electrical devices and increasing vehicle manufacture in India and China are expected to drive the demand over the forecast period.

Competitive Insights

The global market for aramid fiber is competitive in nature, with major players engaged in R&D for constant innovation in the product. The major players in the market consist of Hyosung Corp., Kolon Industries Inc., SRO Aramid Co. Ltd., Yantai Tayho Advanced Materials Co., and E.I. du Pont de Nemours & Co.

The major participants are also involved in partnerships and collaborations. There are numerous end-use applications which consist of filtration, composites, recreational good, and ropes & cables, which is anticipated to offer a competitive edge to the major participants along with an opportunity to strengthen their business presence.

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Antimicrobial Additives Raw material and Technological overview 2014-2025

The Global Antimicrobial Additives Market size was valued at USD 7.86 billion in 2015. Increasing use of the product in number of end use industries such as food and beverages, healthcare, packaging, construction, automotive, furniture and electronics is expected to be a driving force of growth.

Antimicrobial additives have special ingredients that help prevent fungal, bacterial and algal development in materials which are exposed to moisture as well as high level of ultra violet radiation & unsanitary conditions. The products have number of applications in papers, textiles, plastics, paints and coatings, inks, fabric care and rubber, so as to suppress the breeding of undesirable microorganisms and thereby increase the durability of the substrate. The rising consumer awareness towards health issues along with the enhancements in the standard of living in the developing country’s such as India, China, Brazil & South Korea are anticipated to boost the market during the forecasted period. Moreover, increasing population is expected to escalate the incidences of infective diseases, which is further expected to drive the sales of preventive products such as antimicrobials.

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Furthermore, the prevailing issues such as climatic changes, air pollution, and poor sanitation, presence of epidemics such as hepatitis, HIV, swine flu, rabies, Ebola, Zika, & tuberculosis are likely to drive the use of these products in healthcare industry. Soaring healthcare expenditures in the United States is projected to fuel the market growth over the forecast period.

Type Insights

In the year 2015, organic antimicrobial accounted for over 51% of the total global volume of additives. On account of the high toxic nature of Triclosan and oxybisphenoxarsine (OBPA) there was a restriction on usage and sales of the product. Such bans are expected to slow down the market growth over the forecast period.

The inorganic additives segment is anticipated to witness a significant growth owing to rising use of silver based additive. Silver being known to restrict microbial growth and symbolic properties like non-toxicity, durability, environmental friendliness, & good thermal stability is increasing its application as an antimicrobial agent.

Application Insights

In 2015, the demand for this additive was at peak at about 18.3 kilo tons. Increasing demand for these products due to rise in use of plastics as substitute instead of the conventional materials like metal and glass in may medical instruments such as aesthetic machines, medical ventilators, electrocardiograph and heart and lung machines is likely to propel the use of these products.

These products find applications in paint and coating as they help in limiting the growth of microbes on metal and wall surfaces that may substantially damage the surfaces. The rising demand for such antimicrobial paints and coatings in construction and automotive sectors is expected to drive the industry growth in the comings years.

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End-use Insights

Owing to growing usage of hygiene products and medical equipment in Asia Pacific, healthcare sector is foreseen to witness substantial amount of growth in revenue at a CAGR of 7.5% during 2016 to 2025. The increasing demand for additives for coating medical devices such as CT scanners, infusion pumps, X-ray machines, dialysis machines, medical imaging machines is projected to augment market development.

These additives are mainly used in plastics which is further utilized in various electronic applications. Focus on enhancing durability of electronic equipment will probably trigger the antimicrobial additives market over the forecast period.

Regional Insights

Asia Pacific dominates the overall demand with a market penetration of around 35% in 2015. The region is also expected to witness marginal growth in its market share owing to increasing packaging, healthcare, automotive and construction industries. Presence of many coatings & paints manufacturers such as BASF, AkzoNobel, Nippon Paint, Sherwin-Williams, and Kansai Paint in the region will probably trigger the market growth.

The U.S. market is expected to observer significant gains both in terms of volume as well as revenue on account of increasing usage of antimicrobial additives in packaging. The regional market is expected to witness a CAGR of 7% from 2016 to 2025, in terms of revenue.

Competitive Insights

The global antimicrobial additives market is oligopolistic in nature with presence of numerous key players in Europe and North America. Key players operating in the market include BASF SE, BioCote Limited, SteriTouch Limited, Momentive Performance Material Inc., Dow Chemical Company, Nanobiomatters Industries S.L., A. Schulman Inc., Plastics Color Corporation, Sanitized AG, Microban International, Life Material Technologies Limited, AkzoNobel N.V., RTP Company, Milliken Chemical, and Clariant.

In early 2017, Microban relaunched its textile division in the Europe. This is expected to aid the organization to operate in close collaboration with the new as well as existing partners worldwide. This initiative will also help in enhancing its product penetration across Europe and the U.S.

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