Photopolymers are light-sensitive materials that change their chemical properties when exposed to ultraviolet (UV) or visible light. This transformation allows them to solidify or harden, making them valuable in 3D printing, printing plates, and holography. Photopolymers are widely used for their rapid curing and precise detailing capabilities. In terms of revenue, the global photopolymers market was worth US$ 2.34 Bn in 2022, anticipated to witness CAGR of 10.8% during 2023 – 2031.

Trends in the Global Photopolymers Market

• The photopolymers market is currently witnessing a surge in demand due to the ongoing 3D printing revolution. As of now, 3D printing technology is experiencing widespread adoption across industries, including aerospace, healthcare, and automotive. Photopolymers are at the forefront of this trend because of their ability to rapidly solidify layer by layer when exposed to light. This facilitates precise and customizable 3D printing, making photopolymers essential in producing prototypes, medical implants, and intricate parts, reflecting the current trend of expanding applications in additive manufacturing.
• Presently, the photopolymers market is experiencing robust growth driven by the increasing demand in the healthcare sector. The medical industry is utilizing photopolymers for applications such as dental models, hearing aids, and surgical guides. These materials offer biocompatibility and the ability to produce complex, patient-specific structures. With personalized medicine on the rise, the current trend involves a heightened reliance on photopolymers for creating tailored medical devices and implants, ultimately enhancing patient care and driving market expansion.

Global Photopolymers Market Revenue & Forecast, (US$ Million), 2015 – 2031

Mid performance segment has gained popularity in recent years and is anticipated to be the fastest growing segment in the global photopolymers market during the forecast period. The growth is attributed to its versatility and cost-effectiveness. As of 2022, these photopolymers exhibited a balanced combination of quality and affordability, making them suitable for a wide range of applications. They have gained popularity in industries like automotive, consumer goods, and architecture, where precision and durability are essential but cost considerations are also significant. This growth aligns with the trend of manufacturers seeking cost-efficient materials without compromising on performance. Mid-performance photopolymers offer a competitive edge by enabling product development and innovation in a cost-effective manner, making them a dynamic force in the market.

Dental application segment had the highest share in the global photopolymers market in 2022. As of 2022, the dental industry had seen a significant shift towards digital dentistry, valued at approximately $2.4 billion globally. Photopolymers are essential in this transformation, facilitating the creation of precise dental models, crowns, bridges, and orthodontic devices. Their biocompatibility and exceptional detailing capabilities have made them indispensable in modern dentistry. With an increasing emphasis on dental aesthetics and patient-specific treatments, photopolymers have become the standard for delivering efficient, accurate, and aesthetically pleasing dental solutions, reaffirming their dominance in the market.

Asia Pacific is expected to witness the highest growth rate in the photopolymers market during the forecast period. The region is witnessing a surge in manufacturing, particularly in countries like China and India, driving demand for photopolymers in automotive, electronics, and consumer goods. Moreover, the region’s expanding healthcare and dental sectors, valued at billions of dollars, are increasingly adopting photopolymers for applications such as dental models and medical devices. Furthermore, the rise of 3D printing and additive manufacturing in Asia Pacific, fueled by innovation and investments, has amplified the need for photopolymers, making it the fastest-growing segment in the market.

Report Coverage & Insights

Competitive Landscape

Some of the key companies operating in the photopolymers market are listed below:

• ANYCUBIC-US
• Arkema
• BASF SE
• Carbon, Inc.
• Evonik Industries AG
• Formlabs
• Henkel AG & Co. KGaA
• Keystone Industries
• Liqcreate
• polySpectra
• RAHN AG
• Stratasys
• Other Industry Participants

Global Photopolymers Market Summary

 

 

Report Specifications	Details
Market Revenue in 2022	US$ 2.34 Bn
Market Size Forecast by 2031	US$ 6.22 Bn
Growth Rate (CAGR)	10.8%
Historic Data	2015 – 2021
Base Year for Estimation	2022
Forecast Period	2023 – 2031
Report Inclusions	Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking
Segments Covered	By Performance, By Technology, By Application
Regions Covered	North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Countries Covered	U.S., Canada, Mexico, Rest of North America,  France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe,  China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific,  Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa,  Brazil, Argentina, Rest of Latin America
Key Players	ANYCUBIC-US, Arkema, BASF SE, Carbon, Inc, Evonik Industries AG, Formlabs, Henkel AG & Co. KGaA, Keystone Industries, Liqcreate, polySpectra, RAHN AG, Stratasys, Other Industry Participants
Customization Scope	Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments.
Pricing & Procurement Options	Explore purchase options tailored to your specific research requirements
Contact Details	Consult With Our Expert Japan (Toll-Free):  +81 663-386-8111 South Korea (Toll-Free):  +82-808- 703-126 Saudi Arabia (Toll-Free):  +966 800-850-1643 United Kingdom: +44 753-710-5080 United States: +1 302-232-5106 E-mail:  askanexpert@thenicheresearch.com

 

Global Photopolymers Market

By Performance

• Low Performance
• Mid Performance
• High Performance

By Technology

• Stereolithography (SLA)
• Digital Light Processing (DLP)
• Continuous Digital Light Processing (cDLP)

By Application

• Dental
• Medical
• Audiology
• Jewelry
• Automotive
• Prototyping
• Industrial/Engineering
• Electronics (including connectors)
• Consumer Goods
• Others

By Region

• North America (U.S., Canada, Mexico, Rest of North America)
• Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
• Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
• Latin America (Brazil, Argentina, Rest of Latin America)

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Table of Contents

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**Exclusive for Multi-User and Enterprise User.

Global Photopolymers Market

By Performance

By Technology

By Application

By Region

**Note: The report covers cross-segmentation analysis by region further into countries

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The Niche Research approach encompasses both primary and secondary research methods to provide comprehensive insights. While primary research is the cornerstone of our studies, we also incorporate secondary research sources such as company annual reports, premium industry databases, press releases, industry journals, and white papers. Within our primary research, we actively engage with various industry stakeholders, conducting paid interviews and surveys. Our meticulous analysis extends to every market participant in major countries, allowing us to thoroughly examine their portfolios, calculate market shares, and segment revenues. Our data collection primarily focuses on individual countries within our research scope, enabling us to estimate regional market sizes. Typically, we employ a bottom-up approach, meticulously tracking trends in different countries. We analyze growth drivers, constraints, technological innovations, and opportunities for each country, ultimately arriving at regional figures.Our process begins by examining the growth prospects of each country. Building upon these insights, we project growth and trends for the entire region. Finally, we utilize our proprietary model to refine estimations and forecasts. Our data validation standards are integral to ensuring the reliability and accuracy of our research findings. Here's a breakdown of our data validation processes and the stakeholders we engage with during our primary research:

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The forecasts we provide are based on a comprehensive assessment of various factors, including:

• Market Trends and Past Performance (Last Five Years): We accurately analyze market trends and performance data from preceding five years to identify historical patterns and understand the market's evolution.
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Research process adopted by TNR involves multiple stages, including data collection, validation, quality checks, and presentation. It's crucial that the data and information we provide add value to your existing market understanding and expertise. We have also established partnerships with business consulting, research, and survey organizations across regions and globally to collaborate on regional analysis and data validation, ensuring the highest level of accuracy and reliability in our reports.