3D Printing Materials Market Size, Share, Growth Report 2030

3D Printing Materials Market Size

The global 3D printing materials market was valued at USD 1.49 billion in 2019 and are likely to reach USD 5.20 billion by 2026 with a CAGR of 22.1%.

Global 3D Printing Materials Market: Overview

3D printing is a process of manufacturing an object which is synthesized in three dimensions by combining the layers of materials in succession directly with the help of the predefined computer having a digital 3D model. The process is also called additive manufacturing. 3D printing materials are the ones that can be easily utilized and manipulated by 3D printing machines to generate the desired result. In recent years, 3D printing has evolved into a bigger picture that is beyond sampling and prototyping.

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Global 3D Printing Materials Market: Growth Factors

The surging demand for 3D printing along with the increasing need for high-performing materials across various industries like defense, aerospace, and automotive is projected to boost the growth of the global 3D printing materials market. There are various benefits offered by 3D printing materials like faster production, cost-effectiveness, superior quality, and high-performing materials that are anticipated to fuel the growth of the global 3D printing materials market significantly. In addition, it lowers the risk of mistakes and hence it is a high demand for mass production.

The growing application of 3D printing with developments in technology is further propelling the growth of the global 3D printing materials market. There is a significant increase in the demand for personalized products along with favorable government policies that are supporting the growth of the global market. The capability of these materials in printing low-cost components in relatively less time is expected to boost the global market.

Moreover, 3D printers generate fewer waste materials as compared to traditional machines and it is propelling the demand for 3D printing materials. However, the flexibility offered by such materials to generate complex geometries will further bring numerous growth opportunities for market growth. These materials are widely used in manufacturing many end-use products like polymer and metal powder because the materials cost much less than traditional materials.

Global 3D Printing Materials Market: Segmentation

The global 3D printing materials market can be segmented into the end-use industry, form, application, technology, type, and region.

By form, the market can be segmented into liquid, filaments, and powder. The filament form holds hegemony over others due to the high demand.

By end-use industry, the market can be segmented into construction, consumer goods, healthcare, aerospace & defense, automotive, and others.

By application, the market can be segmented into R&D, manufacturing, and prototyping. The healthcare segment accounts for the largest share of the global 3D printing materials market. Many medical products including engineering products, prosthetics, implants, surgical equipment, and many more are produced on large scale with the help of these materials.

In addition, 3D printing materials are utilized widely in craniomaxillofacial, dental, orthopedic, and other medical applications. Additive manufacturing is highly used in generating patient-specific devices that fit perfectly well to the patient's anatomy. By technology, the market can be segmented into DMLS, SLA, SLS, FDM, and others. By type, the market can be segmented into ceramic, metal, plastic, and others.

Global 3D Printing Materials Market: Regional Analysis

North America accounts for the largest share in the global 3D printing materials market due to the high demand from the aerospace & defense and automotive industries. Moreover, the adoption of 3D printing in the healthcare industry for dental and medical implants is boosting the growth of the regional market.

Asia Pacific is anticipated to witness huge growth with high CAGR during the forecast period owing to the growing technological advancements in the region and surging demand from various industries for such products.

Global 3D Printing Materials Market: Competitive Players

Some of the significant players in the global 3D printing materials market are LPW Technology Ltd., EOS GmbH, Envisiontec GmbH, CRP Group, Stratasys Ltd., Exone GmbH, Royal DSM N.V., The Arkema Group, Arcam AB, 3D Systems Corp., Optomec, SLM Solutions, Royal DSM N.V, Voxeljet AG, ExOne, EOS GmbH Electro Optical Systems, Solidscape, Arcam AB, Arkema S.A., D Systems, Inc., Concept Laser GmbH, and Hoganas.

Global 3D Printing Materials Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa