At 18.2% CAGR, Middle East & Africa Plastics for SLS 3D Printing Market is Projected to be Worth US$ 49.94 Million by 2030, Says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa plastics for SLS 3D printing market was valued at US$ 13.10 million in 2022 and is expected to reach US$ 49.94 million by 2030, registering a CAGR of 18.2% from 2022 to 2030. Advancements in SLS-compatible plastic materials and growing demand for lightweight and durable parts in various industries are among the critical factors attributed to the Middle East & Africa plastics for SLS 3D printing market expansion.

Many companies are focused on the continuous development of SLS-compatible plastic materials with improved properties, such as durability, heat resistance, and flexibility. For instance, companies such as HP and BASF have been collaborating to develop innovative SLS materials. They have introduced PA11 and PA12 nylon materials that exhibit not only improved strength but also increased flexibility, making them suitable for applications ranging from automotive components to consumer goods. These materials are designed to withstand extreme conditions while maintaining their integrity. Moreover, advancements in heat-resistant plastics are becoming increasingly relevant, especially in the aerospace and industrial sectors. Advanced materials, such as ULTEM, are known for their exceptional heat resistance and flame-retardant properties. These materials have found applications in producing aircraft interiors and components for critical machinery operating in high-temperature environments. In the healthcare sector, the development of biocompatible plastic materials for SLS has enabled the creation of patient-specific implants and surgical tools. These materials not only exhibit high strength and flexibility but also meet stringent biocompatibility standards. Therefore, rising awareness regarding the development of SLS-compatible plastic materials is propelling their use in different application sectors such as automotive, aerospace & defense, and healthcare, thereby driving the global plastic for SLS 3D printing market.

On the contrary, high cost of SLS-compatible plastics hampers the growth of Middle East & Africa plastics for SLS 3D printing market.

Based on type, the Middle East & Africa plastics for SLS 3D printing market is categorized into polyamide, thermoplastic polyurethane (TPU), polyether ether ketone (PEEK), and others. The polyamide segment held 76.7% share of the Middle East & Africa plastics for SLS 3D printing market in 2022, amassing US$ 10.04 million. It is projected to garner US$ 39.01 million by 2030 to expand at 18.5% CAGR during 2022-2030.

By end-use industry, the Middle East & Africa plastics for SLS 3D printing market is segmented into healthcare, aerospace & defense, automotive, electronics, and others. The others segment held 41.5% share of Middle East & Africa plastics for SLS 3D printing market in 2022, amassing US$ 5.43 million. It is projected to garner US$ 19.50 million by 2030 to expand at 17.3% CAGR during 2022-2030.

Based on country, the Middle East & Africa plastics for SLS 3D printing market is categorized into the UAE, South Africa, Saudi Arabia, Turkey, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held 37.8% share of Middle East & Africa plastics for SLS 3D printing market in 2022, amassing US$ 57.61 million. It is projected to garner US$ 224.54 million by 2030 to expand at 18.5% CAGR during 2022-2030.

Key players operating in the Middle East & Africa plastics for SLS 3D printing market are BASF SE, Evonik Industries AG, Arkema SA, Stratasys Ltd, EOS GmbH, and CRP Service SRL, among others.

• In February 2023, 3D Systems introduced a novel High-Speed Fusion industrial 3D printer platform and material portfolio, which was developed in collaboration with Jabil Inc.
  
  
  

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