The Rapid Growth of the Photopolymer Market is driven
by Increasing Demand for 3D Printing

Photopolymer, also known as resin, is a liquid plastic that
is cured or hardened with light. It is mainly used in 3D printing,
stereolithography, and rapid prototyping applications. Key features of
photopolymer include high strength, dimensional stability, detail resolution,
and compatibility with diverse manufacturing processes. In 3D printing,
photopolymer transforms layer by layer with the help of UV light into solid 3D
structures. Photopolymers offer better quality printing and repeatability as
compared to filaments used in Fused Deposition Modeling.



The global photopolymer market is
estimated to be valued at US$ 14.27 Bn in 2024 and is expected to exhibit a
CAGR of 12% over the forecast period 2024 to 2031.

Increasing Photopolymer
Market Trends for 3D printing across industries such as automotive,
aerospace, healthcare, and consumer goods is a key growth driver for the
market. Photopolymers allow manufacturers to produce complex geometries and
functional prototypes rapidly at a lower cost. This helps companies reduce the
time to market for new products and also lower production costs through lean
manufacturing techniques.



Key Takeaways

Key players operating in the photopolymer market are Air Enterprises, Asetek,
Inc., Climaveneta, Coolcentric, Daikin Industries Ltd, Dell Technologies Inc.,
Fujitsu, Hitachi, Ltd., Johnson Controls, Liquid Cool Solutions Inc.,
Mitsubishi Electric Corp., Munters Group AB , Nortek Air Solutions, LLC, NTT
Ltd., Rittal GmBH Co. KG, Schneider Electric SE, STULZ GMBH, Telx Inc., and
Vertiv Co. These major players are focusing on new product launches and
strategic collaborations to expand their market share.

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