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Materials like plastics and polymers are high in demand due to their wide range of properties suitable for 3D printing
Plastics account for a sizable share of the market, supported by the growing popularity of biodegradable plastics used in 3D printing such as polylactic acid (PLA). PLA is one of the major types of 3D printing plastics, along with acrylonitrile butadiene styrene (ABS), acrylonitrile styrene acrylate (ASA), and polyamide/nylon. Moreover, the growing use of filament in 3D printing plastics due to its benefits like wear resistance, high density, strong layer adhesion, odorless properties, and chemical resistance is supporting the plastics segment of the 3D printing materials market.
Polymers also dominate the market due to their versatility and cost-effectiveness. Polymers are widely used in various industries, including automotive, healthcare, and consumer products, for applications such as prototyping, manufacturing, and end-use parts. Commonly used polymers in 3D printing include acrylonitrile butadiene styrene (ABS), polylactic acid or polylactide (PLA), and others.
As per 3D printing materials market analysis, the metals segment is witnessing growth, particularly in sectors that require high-performance, long-lasting, and heat-resistant components. Metals are used in aerospace, automotive, medical, and other industries for applications such as tooling, manufacturing, and end parts. Commonly used metals in 3D printing include titanium, alumina, and others.
Ceramics are gaining popularity in the market, especially for applications that require high-temperature resistance, wear resistance, and biological compatibility. Ceramics are used in various industries, including medical, aerospace, and industrial sectors, for applications such as tooling, manufacturing, and end parts. Commonly used ceramics in 3D printing include silica.
Prototyping segment holds a significant market share as 3D printing helps reducing the time and costs associated with traditional printing methods
Prototyping applications are a significant segment in the 3D printing materials market report. This segment includes the use of 3D printing materials for creating models, mockups, and test parts to validate design and functionality before mass production. The segment is driven by the increasing demand for rapid prototyping and the need for efficient product development processes. For instance, companies like General Electric (GE) use 3D printing to create prototypes of aircraft engine components, which helps in reducing the time and cost associated with traditional prototyping methods.
The manufacturing segment is another key area of application for 3D printing materials. This segment involves using 3D printing materials to produce functional parts and products directly, without additional manufacturing steps. The manufacturing segment is driven by the growing demand for mass customisation and the need for efficient production processes. For example, companies like Stratasys use 3D printing to produce parts for the aerospace and automotive industries, which helps in reducing production time and costs.
3D Printing Materials Market Size
3D Printing Materials Market Growth
3D Printing Materials Market Trends
3D Printing Materials Market Share
3D Printing Materials Manufacturers
3D Printing Materials Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the 3D printing materials market attained a value of approximately USD 2.31 billion.
The market is expected to grow at a CAGR of 26.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 19.62 billion by 2032.
Factors driving market growth include the increasing adoption of 3D printing technology across various industries, the need for high-performance materials, and the expansion of applications in sectors like aerospace, automotive, and medical.
The rising use of 3D printing materials technology in prototyping applications, the growing demand for innovative materials for 3D printing of high-end products, the adoption of 3D printing technology in home printing, and the increasing adoption of 3D printing hardware are the key trends guiding the market growth.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of 3D printing materials considered in the market are polymers, metals, plastic, and ceramic, among others.
The various forms of 3D printing materials are powder, filament, and liquid.
The different end-users of 3D printing materials are automotive, aerospace and defence, consumer products, industrial, healthcare, and education and research, among others.
The significant applications of 3D printing materials are prototyping and manufacturing, among others.
Key players in the market are 3D Systems Corporation, Evonik Industries AG, The ExOne Co., EOS GmbH, BASF SE, Arkema S.A., Stratasys Ltd., MATERIALISE NV, Sandvik AB, ExOne Operating, LLC, Henkel AG & Co. KGaA, Formlabs Inc., Solvay SA, Shenzhen Esun Industrial Co., Ltd., and Tethon 3D, among others.
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