Market Research Future has observed that the global 3D printing material market is estimated to generate a market value of approximately USD 1,500 Mn. This and several other vital calculations have been made in MRFR's report on the global market. The global 3Dprinting material market is expected to grow at a CAGR of 19% during the forecast period which ends in 2022.

Key Players

MRFR has profiled several leading market players in the global 3D printing materials market including Stratasys Ltd. Inc., Royal DSM N.V., Arkema S.A. Inc., ExOne GmbH Inc., 3D Systems Corporation, EOS GmbH, Sandvik AB, Arcam AB Inc., Solvay S.A., and Höganäs AB.

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Latest Industry News

• Royal DSM has launched four new additive manufacturing grades to its 3D printing solutions.
• Boston-based Rize Inc. has added two new materials to its rapidly expanding portfolio among other 3D printing solutions.

3D printing is an up and coming method of manufacturing which is faster and has immense potential in a vast number of end-use industries as well as in the manufacturing of lightweight components in an industrial capacity. Rising demand for fuel efficiency in automotive has resulted in increasing adoption of 3D printing for the production of lightweight components such as engines and the like for automotive manufacturing. A number of materials have been developed for use in 3D printing, and 3D printing technology has advanced rapidly to include metals, polymers, and even food.

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The rapid adoption of 3D printing and its popularity has greatly increased the demand for 3D printing materials. Moreover, the market has become highly competitive leading to affordable pricing for 3D printing materials. Applications for 3D printing are expanding consistently, thus resulting in rapid growth of the 3D printing materials market. Adoption of 3D printing in rapidly growing industries such as automotive, healthcare, aerospace and consumer goods acts as a major driver of the market.

The ongoing innovation of the nascent technology that is 3D printing is expected to result in a number of opportunities for the growth of the market in the coming years. Additionally, clever use of new types of materials such as sugar to produce innovative confectionery, or pulped paper are expected to support the expansion of the market.

Market Segmentation

MRFR's assessment of the global 3D printing materials market segments it on the basis of material, application, and region. Materials commonly used on 3D printing are segmented into plastics, metals, ceramics, and others. Applications of 3D printing materials are largely segmented into aerospace & defense, healthcare, automotive, consumer goods, and others.

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Global division by geography segmented the market into Asia Pacific, North America, Europe, and the Rest of the World.

Regional Analysis

Europe has established itself as the leader of the global 3D printing materials market. The presence of several leading market players plays a significant role in helping the regional market capture its majority market share. Moreover, the development and expansion of the industrial sector in the region will lead to increased demand for 3D printing and 3D printing material. Ongoing research & development activities, increasing investments new technology and presence of flourishing aerospace and automotive sectors are expected to contribute to the European 3D printing materials market growth.

Meanwhile, the Asia Pacific is set to witness the fastest growth at the highest CAGR during the forecast period. The region has made a name for itself as a manufacturing hub, and emerging economies such as India and China are expected to encourage market growth over the review period. The presence of a significant automotive sector and other end-user industries which are flourishing are expected to move on to adopt advanced 3D printing technologies and with it accept a variety of 3D printing materials, thus resulting in rapid growth for the APAC market.

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