Global 3D Printing Materials Market, By Type (Plastics/Polymers, Metal, Ceramic, and Others), Form (Powder, Filament, and Liquid), Technology (Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), Big Area Additive Manufacturing (BAAM), Wire Arc Additive Manufacturing (WAAM), ColorJet, and Others), End-Use (Industrial Manufacturing, Automotive, Healthcare, Aerospace & Defense, Consumer Goods, Electronics, Education, Construction, and Others) - Industry Trends and Forecast to 2031.
3D Printing Materials Market Analysis and Size
Increased adoption of 3D printing in various industries, rise in prototyping and rapid tooling, and the expanding accessibility and affordability of 3D printing technologies globally are some of the driving factors expected to propel the market growth.
Data Bridge Market Research analyzes that the global 3D printing materials market is expected to reach USD 11,164,173.50 thousand by 2031 from USD 2,616,265.29 thousand in 2023, growing at a CAGR of 20.1% in the forecast period of 2024 to 2031.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Type (Plastics/Polymers, Metal, Ceramic, and Others), Form (Powder, Filament, and Liquid), Technology (Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), Big Area Additive Manufacturing (BAAM), Wire Arc Additive Manufacturing (WAAM), ColorJet, and Others), End-Use (Industrial Manufacturing, Automotive, Healthcare, Aerospace & Defense, Consumer Goods, Electronics, Education, Construction, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Turkey, Russia, Switzerland, Belgium, Netherlands, Luxembourg, Rest of Europe, China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Philippines, Australia & & New Zealand, Malaysia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.nited A.rab E.mirates, Saudi Arabia, Egypt, South Africa, Israel, and the Rest of Middle East and Africa |
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Market Players Covered
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Formlabs, EOS, ENVISIONTEC US LLC, American Elements, Höganäs AB, UltiMaker, Carbon, Inc., KRAIBURG TPE GmbH & Co. KG, Covestro AG, Markforged, Inc., Stratasys, ExOne, Arkema, 3D Systems, Inc., Evonik Industries AG, Materialise, BASF SE, Sandvik AB, and Solvay, among others
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3D Printing Materials Market Definition
The term 3D printing materials refers to the wide range of substances or materials used in additive manufacturing methods layer by layer to produce three-dimensional structures. These materials include polymers, metals, ceramics, and composites, all of which are suited to specific uses and industry needs. Instances include high-performance polymers, resins, and metal alloys, which are chosen for their mechanical qualities, thermal resistance, or biocompatibility. The variety of 3D printing materials allows for the creation of prototypes, bespoke items, and complicated structures in industries such as aerospace, healthcare, automotive, and consumer goods.
Global 3D Printing Materials Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Increased Adoption of 3D Printing in Various Industries
The factor contributing to the demand for 3D printing materials is the technology's ability to produce complex and highly customized components. Traditional manufacturing methods is not very efficient and fast as industries seek more complicated and precisely designed parts. 3D printing addresses this gap by allowing the creation of geometrically complex structures with enhanced efficiency.
The demand for specialized materials is increasing with the evolving needs of industrial sectors such as aerospace, healthcare, automotive, and consumer goods implementing this transformative technology, as 3D printing continues to revolutionize manufacturing processes. Therefore, increased adoption of 3D printing in various industries is driving the market growth.
- Expanding Accessibility and Affordability of 3D Printing Technologies
The surge in the adoption of 3D printing is propelling the demand for a range of materials suitable for various applications. Materials ranging from polymers and metals to ceramics and composites are now integral to 3D printing applications and technologies. The increased accessibility of these technologies has led to a diverse user base, each with unique material requirements. For instance, the healthcare industry demands biocompatible materials for printing medical implants, while the aerospace sector may require lightweight yet durable materials for complex components.
The demand for diverse and high-quality printing materials has surged as 3D printing technologies become more accessible to various industries and individuals. The affordability of 3D printers has lowered barriers to entry, prompting increased adoption across sectors such as healthcare, aerospace, automotive, and manufacturing. Therefore, the expanding accessibility and affordability of 3D printing technologies is propelling market growth.
Opportunities
- Advancements in 3D Printing Technologies
Advances in 3D printing technology frequently increase the demand for different materials adapted to specific uses. This provides an opportunity for material manufacturers to provide specific solutions such as high-performance polymers, metals, ceramics, and composite materials. Technological advancements in multi-material 3D printing enable the simultaneous use of many materials inside a single print process. This capacity creates prospects for materials that can be seamlessly combined, providing greater functionality and broadening the range of applications.
There is a growing desire for new materials that can fulfill the changing needs of many industries as 3D printing becomes more sophisticated and diverse. Several major opportunities emerge from these technological breakthroughs. As technology becomes more complex and adaptable, there is a greater demand for new materials that can fulfill the changing needs of diverse industries. Hence, several major opportunities emerge from these technological breakthroughs and propel the market growth in the forecast period.
- Extensive Demand for Biocompatible Materials for Medical Applications
Biocompatible materials are required to create personalized implants and prosthetics based on particular patient anatomy. This requirement allows material manufacturers to create and sell biocompatible polymers, metals, and ceramics suited for implantation. Biocompatible materials are essential for the creation of personalized drug delivery systems. 3D printing enables the precise manufacture of drug-loaded structures, opening up possibilities for materials compatible with the human body and providing regulated drug release.
The association of 3D printing and medical technology has resulted in an increased demand for materials that are compatible with the human body, propelling advances in biocompatible 3D printing materials. Hence, it is expected to create opportunities for market growth.
- Ease of Personalization and Customization of Products
Restraints/Challenges
- Stringent Standardization, Regulations and Certifications
The certification process can be time-consuming, delaying the introduction of new 3D printing materials to the market. Companies face hurdles in navigating the intricate regulatory landscape, which can hinder innovation and the timely availability of advanced materials. Small and medium-sized enterprises, in particular, may find it difficult to allocate resources for compliance, limiting their ability to compete in the 3D printing materials market. Therefore, stringent standardization, regulations, and certifications associated with 3d printing materials are restraining the market growth.
- Extensive Post-Processing Requirements
Variability in manual post-processing chores may result in inconsistencies in the finished product. Achieving consistent quality across several prints can be difficult, compromising the reliability and consistency of 3D printing products. Certain post-processing procedures produce material waste, including subtractive machining or support structure removal. Increased waste not only drives up the cost but also raises environmental issues about sustainability and resource utilization. Although 3D printing enables incredible design freedom and complicated shapes, the requirement for extensive post-processing can prevent smooth incorporation of such technology. Therefore, the post-processing requirements is expected to challenge the market growth.
Recent Developments
- In October 2023, EOS launched its Digital Foam Architects network, designed to accelerate the development and additive manufacturing (AM) of consumer, medical and industrial products featuring Digital Foam applications. Digital Foam is not a product, rather it is an approach to 3D printing foam-like products. It will provide a new direction to the company in 3D printing materials
- In February 2023, Bauer Hockey, the global leader in hockey equipment innovation, and industrial 3D printing industry pioneer and market leader, EOS, have collaborated to incorporate additive manufacturing (AM, or 3D printing) into Bauer’s MyBauer custom equipment program. EOS and its patented Digital Foam approach to printing polymers gave Bauer a distinct advantage. It will strengthen the market presence for EOS in the 3D printing materials market
- In November 2019, BASF New Business GmbH agreed to acquire the online 3D printing service provider Sculpteo. The agreement was signed on November 14, 2019 and was expected to become effective in the next few weeks pending regulatory approval by the relevant authorities. The acquisition of the French 3D printing specialist based in Paris and San Francisco had enabled BASF 3D Printing Solutions GmbH, a wholly-owned subsidiary of BASF New Business GmbH, to market and establish new industrial 3D printing materials more quickly which strengthened the production capacity of BASF
Global 3D Printing Materials Market Scope
The global 3D printing materials market is segmented is segmented into four notable segments which are based type, form, technology, and end-use. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Plastics/Polymers
- Metal
- Ceramic
- Others
On the basis of type, the global 3D printing materials market is segmented into plastics/polymers, metal, ceramic, and others.
Form
- Powder
- Filament
- Liquid
On the basis of form, the global 3D printing materials market is segmented into powder, filament, and liquid.
Technology
- Fused Deposition Modeling (FDM)
- Selective Laser Sintering (SLS)
- Stereolithography (SLA)
- Direct Metal Laser Sintering (DMLS)
- Big Area Additive Manufacturing (BAAM)
- Wire Arc Additive Manufacturing (WAAM)
- ColorJet
- Others
On the basis of technology, the global 3D printing materials market is segmented into Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), Big Area Additive Manufacturing (BAAM), Wire Arc Additive Manufacturing (WAAM), colorjet, and others.
End-Use
- Industrial Manufacturing
- Automotive
- Healthcare
- Aerospace & Defense
- Consumer Goods
- Electronics
- Education
- Construction
- Others
On the basis of end-use, the global 3D printing materials market is segmented into industrial manufacturing, automotive, healthcare, aerospace & defense, consumer goods, electronics, education, construction, and others.
Global 3D Printing Materials Market Regional Analysis/Insights
The global 3D printing materials market is analyzed, and market size insights and trends are provided by country, type, form, technology, and end-use as referenced above.
The countries covered in global 3D printing materials market report are into U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Turkey, Russia, Switzerland, Belgium, Netherlands, Luxembourg, Rest of Europe, China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Philippines, Australia & New Zealand, Malaysia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa.
North America is expected to dominate the global 3D printing materials market due to the region's emphasis on technological innovation, coupled with high adoption in aerospace, healthcare, and automotive industries. The U.S. is expected to dominate the North America 3D printing materials market due to increased adoption of 3D printing in various industries. Germany is expected to dominate the Europe 3D printing materials market due to development of new materials with different properties and applications. China is expected to dominate the Asia-Pacific 3D printing materials market due to expanding accessibility and affordability of 3D printing technologies.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global 3D Printing Materials Market Share Analysis
The global 3D printing materials market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the market.
Some of the major players operating in the global 3D printing materials market are Formlabs, EOS, ENVISIONTEC US LLC, American Elements, Höganäs AB, UltiMaker, Carbon, Inc., KRAIBURG TPE GmbH & Co. KG, Covestro AG, Markforged, Inc., Stratasys, ExOne, Arkema, 3D Systems, Inc., Evonik Industries AG, Materialise, BASF SE, Sandvik AB, and Solvay, among others.
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