PLA, ABS Plastic Sales for 3D Printing Worth $1.4 Billion by 2019

We’ve all been avidly focusing on potential innovation outcomes brought on by a 3D printing revolution, but what about the effect the technology will have on the actual resources it uses? It seems fairly obvious that there should be a positive correlation between money spent on desktop 3D printers and money spent on the ‘ink’ they consume – plastic filament.

So what exactly does this mean for the plastics industry? Well, if industry analyst firm SmarTech Markets Publishing is correct, the market for polymers used in 3D printing will grow to $1.4 billion by 2019.

SmarTech Markets Publishing released a report that details opportunity for growth in the plastics industry over the next ten years. According to SmarTech, the 3D printing polymers market currently stands at $310 million and will grow dramatically to $1.4 billion over the next five years with expected major increase in 3D printer purchases. Materials included in this category by SmarTech are ABS, PLA, resins, thermoplastics and nylon powder materials. As expected, the firm claims ABS and PLA will have the biggest growth potential out of all the materials. … (Read more)