DUBLIN--(BUSINESS WIRE )--The "Europe Polypropylene In 3D Printing Market Size, Share & Trends Analysis Report by Form (Filament, Powder), by End Use (Automotive, Medical, Aerospace & Defense, Consumer Goods), by Country, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The Europe polypropylene in 3D printing market size is expected to reach USD 4,084.44 million by 2030. The market is expected to expand at a CAGR of 15.2% from 2022 to 2030. The regional market is expected to register growth due to the high adoption of polymers in implants, on account of their abrasion resistance, chemical resistance, and durability. The demand for electric vehicles and the growing utilization of high-performance and lightweight plastic components by many manufacturers is further expected to drive the polypropylene in 3D printing market growth in Europe.
In addition, the high level of consumer expenditure on healthcare, primarily in Germany, is expected to drive the filament form segment. France has witnessed advancements in terms of technology across its aerospace & defense industry. 3D hubs, 3D Ceram, 3D Prod, and 3D Ceram SAS are some of the companies that integrate 3D printing, creating opportunities for 3D printed polypropylene.
End-use industry players in Europe are investing heavily in developing 3D printing technologies which can fuel the market for polypropylene in 3D printing. For instance, in June 2021, Volkswagen AG announced the use of a new 3D printing process in vehicle production. The company will use binder jetting, a 3D printing technology, to manufacture components at the company's main plant in Wolfsburg, Germany.
Major players are entering into partnerships to develop additional 3D printing powders. In November 2021, Covestro AG and Farsoon announced the extension of their partnership of polymer 3D printing materials. The companies have strengthened their collaboration by announcing additional 3D printing powders. Covestro has already launched Thermoplastic Polyurethane (TPU) and Polybutylene Terephthalate (PBT) powders using the latter's machines and now plans for additional powders.
In January 2022, a group of organizations from Canada and Germany, including Fraunhofer Institute for Laser Technology (ILT), BCT, National Research Council of Canada (NRC), McGill University, and Apollo Machine & Welding Ltd., set up a new project named Artificial Intelligence Enhancement of Process Sensing for Adaptive Laser Additive Manufacturing (AI-SLAM). This was done to automate the process of repairing parts using artificial intelligence and 3D printing. The project is aimed to develop advanced AI-based software to run Directed Energy Deposition (DED) 3D printers.
Europe Polypropylene In 3D Printing Market Report Highlights
Chapter 3 Europe Polypropylene in 3D Printing Market Variables, Trends, and Scope
Chapter 4 Europe Polypropylene in 3D Printing Market: Form Estimates & Trend Analysis
Chapter 5 Europe Polypropylene in 3D Printing Market: End-use Estimates & Analysis
Chapter 6 Polypropylene in 3D Printing Market: Regional Estimates & Trend Analysis
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900