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Global market for 3D printed bioplastics will exceed $ 2,635.65 million by 2026

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19 January, 2021

Bioplastics, in combination with other materials, are increasingly used in 3D printing technology

The global market for 3D printed bioplastics was worth approximately $ 518.7 million in 2019. According to a research report, the market is expected to grow at a CAGR of 26.3% and is forecast to reach a value of $ 2,635.65 million in 2026.

According to the study 3D Printed Bioplastic Market, the main manufacturers in the market are 3D Systems Corporation, Arkema Inc., Envisiontec Inc., SABIC, Materialse nv, HP INC.

The global 3D printed bioplastics market is expected to grow at a compound annual growth rate (CAGR) of 26.3% from 2019 to 2026. This sector, globally, drives economic development, technological advancement and growing demand from industries for end users.

The bioplastics market and 3D printing

3D printing is the process of manufacturing a solid three-dimensional object from a digital file. This object is created by successively adding layers of material until the object is created. This process is also known as additive manufacturing and, according to experts, it has revolutionized the way of manufacturing products on a large scale.

Today, complex bioplastics are also created with the help of 3D printing technology. The flexibility that 3D printing offers has made it extremely popular with manufacturers and designers. With this technology, modifications can be made without significant changes to the manufacturing process.

Bioplastics are materials obtained from renewable sources of biomass such as corn, starch, agricultural waste, and used plastic processed by microorganisms. Many of these bioplastics, in combination with other materials, are used in 3D printing technology.

The biopolymer market is also on the rise

On the other hand, the bioplastics and biopolymers market is expected to grow from $ 10.5 billion in 2020 to $ 27.9 billion in 2028, at a CAGR of + 21.7% during the forecast period.

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