3D Printing Materials Market Share, Size, Trends, Industry Analysis Report By Product Type; By Application; By Region; Segment Forecast, 2023 - 2033
The market for 3D printing materials is being driven by the growing use of 3D printing in the healthcare industry. It is possible to create tissues, prosthetics, and implants via 3D printing. Because of its great speed and accuracy, carbon 3D printers are becoming more and more popular in the business. Growing investment in 3D printing technology is anticipated to present vendors in the market with profitable expansion prospects.
The method of creating three-dimensional items from a digital file is known as 3D printing. Additive manufacturing, or 3D printing, is the process of layering one material on top of the other to create the desired object. When compared to traditional manufacturing techniques like injection molding and subtractive production, 3D printing is a significantly faster procedure. The increasing need for 3D printing of materials from a variety of end users, including the aerospace, automotive, military, and healthcare industries, is what is driving the need for this technology.
Valued at approximately USD 2,836.6 million in 2023, the 3D Printing Materials Market is projected to grow at a compound annual growth rate (CAGR) of more than 25.7% from 2024 to 2033. The basic materials used in 3D printing procedures to build physical items layer by layer are referred to as 3D printing materials, filaments, or printing substrates. The final printed object’s features and attributes are greatly influenced by the material selection used in 3D printing.
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Growth Factors
Additive manufacturing, or 3D printing, has revolutionized several industrial processes, most notably those in the manufacturing sector. The technology’s unparalleled ability to shorten time-to-market, reduce expenses, and customize parts is stimulating innovation and the development of ground-breaking technologies. Because of the growing number of industries that are using 3D printing, the market for 3D printing supplies and equipment is expected to grow over the projected period.Fused deposition modeling (FDM), often called fused filament fabrication (FFF), is a component-building process that involves depositing molten material deliberately, layer by layer, in a predefined pattern. It uses polymers that are readily accessible as thermoplastic polymers. FDM would boost product acceptability because it is more accessible, lightweight, simplified, and ergonomic.
Opportunity:
While 3D printing has been around for thirty years, the availability of home 3D printers is credited with the recent spike in popularity. These home printers are on the market because of their affordable costs, which raises demand for home 3D printers and propels the market for 3D printing materials to expand quickly. These printers enable customers to produce inexpensive goods in a comparatively short amount of time and are now found in homes, offices, computer stores, and shopping centers.
Top Companies in the 3D Printing Materials Market
- Stratasys, Ltd.,
- Materialise NV,
- Arkema SA,
- Evonik Industries AG,
- General Electric,
- The ExOne Company,
- Hoganas AB and Royal DSM N.V. among others
Global 3D Printing Materials Market Segments
Market, By Technology:
- Fused Deposition Modeling (FDM)
- Selective Laser Sintering (SLS)
- Stereolithography (SLA)
- Direct Metal Laser Sintering (DMLS)
- PolyJet
- Multi Jet Fusion
- Digital Light Processing (DLP)
- Binder Jetting
- Electron-beam Melting (EBM)
Market, By Foam:
- Powder
- Filament
- Liquid
Market, By Type:
- Polymers
- METALs
- Ceramic
- Other
Market, By Application:
- totyping
- Manufacturing
- R&D
Market, By End-User
- Automotive
- Aerospace & defense
- Healthcare
- Consumer Goods
- Construction
- Others
Market Regional Analysis
Due to the presence of significant 3D printing companies, research institutions, and early adopters of the technology, North America holds the largest share of the global market for 3D printing materials, accounting for approximately 35–40% of the market. Europe, on the other hand, is the second largest market, accounting for around 25–30% of the global market share. Europe has a strong manufacturing base and is actively investing in 3D printing research and development. Asia Pacific is the region with the fastest rate of growth for 3D printing materials, with a share of around 20–25% and a projected growth rate exceeding the global average. This growth is driven by increasing adoption in countries like China, Japan, and South Korea, as well as government support for the industry.
Important sections of the TOC
Economic Impact Variables on 3D Printing Materials Market: Illuminates the consequences of environmental, political and economic fluctuations, and explains changes in customer and consumer requirements. We also provide a detailed report of 3D Printing Materials on the technology risks and advancements in the global market.
Forecasts based on macro- and micro-economy: ensuring price, revenue and volume EV charging service forecasts for the market. It also includes, in addition to forecasting growth, revenue and import volume for the region, with revenue forecasting for the 3D Printing Materials application, along with revenue forecasting by cost, revenue and type.
Marketing Strategy Analysis: In this section, 3D Printing Materials analysis aims at niche positioning and provides information regarding target audience, new strategies and pricing strategies. We provide a comprehensive 3D Printing Materials marketing station analysis that investigates the problem. Marketing channel development trends, direct marketing as well as indirect marketing.
Business Intelligence: The 3D Printing Materials companies studied in this section are also assessed by key business, gross margin, price, sales, revenue, product category, applications and specifications, 3D Printing Materials competitors, and manufacturing base.
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