The global 3D printing elastomers market size was US$ 151 million in 2021. The global 3D printing elastomers market is forecast to grow to US$ 1389 million by 2030, registering a compound annual growth rate (CAGR) of 22.5% during the forecast period from 2022 to 2030.
Elastomers are polymers that possess viscosity and elasticity. Some of the prominent elastomers are natural rubber, polyurethanes, polybutadiene, silicone, and neoprene. Moreover, elastomers are segmented into saturated elastomers and unsaturated elastomers. 3D printing elastomers allow consumers to test the modules and check the shape of the product.
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Factors Influencing the Market
Regional Analysis
North America is forecast to hold the highest market share in the global 3D printing elastomers market during the forecast period. The growth of the regional 3D printing elastomers market is attributed to the presence of prominent 3D printing elastomers manufacturers, such as 3D Printing Systems Inc. and Carbon Inc., which will contribute to the market growth. In addition, high healthcare expenditure and the growing automotive industry are forecast to benefit the regional market during the study period.
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COVID-19 Impact Analysis
The healthcare segment has been advantageous for the global 3D printing elastomers market during the COVID-19 pandemic. Many countries reached significant hikes in terms of the COVID-19 patients, which fueled the demand for efficient face masks, shields, and nasal swabs. All of this has significantly contributed to the growth of the global 3D printing elastomers market during the COVID-19 pandemic.
Competitors in the Market
Market Segmentation
Based on the Form
Based on Material
Based on End-use
Based on Technology
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Based on Region
What are the key findings of the report?
•This report provides comprehensive information on factors expected to influence the market growth and market share in the future.•The report offers the current state of the market and future prospects for various geographical regions.•This report provides both qualitative and quantitative information about the competitive landscape of the market.
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