3D Printing Materials Market Share, Growth & Forecast [2031]

3D Printing Materials Market Share, Growth & Forecast [2031]

Segments - 3D Printing Materials Market by Product (Metals, Ceramics, Plastics, and Others), End-user (Aerospace & Defense, Automobile, Medical, Aerospace, Medical, and Industrial), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Rucha Phatak

Upcoming | Report ID :CM-5241 | 4.7 Rating | 78 Reviews | 198 Pages | Format : PDF Excel PPT

Report Description


The 3D printing materials market size was valued at nearly USD XX Bn in 2022 and is anticipated to reach USD XX Bn by 2031, expanding at a CAGR of XX% during 2023 – 2031. The market growth is attributed to the flexibility in developing customized products and reductions in costs of manufacturing components from the consumer electronics, medical, aerospace & defense, and automotive sectors.

3D printing use computer-aided engineering designs to create three-dimensional objects through layering methods. 3D printing methods are referred to as additive manufacturing as they involve the layering of varied materials in different shapes on top of each other. Manufacturing of objects ranging in size, rigidity, shape, and color is possible through 3D printing. 3D printing involves blocks of material or molds in manufacturing physical objects by stacking and fusing layers of material.

3D Printing Materials Market Outlook

3D printing aids in the manufacturing and prototyping components for a wide scale of applications, cost-effectively and in less time. Selecting the right 3D printing process and materials enable the creation of components with desired functional characteristics and mechanical properties.

Commonly used materials in 3D printing are acrylonitrile butadiene styrene (ABS), plaster, polylactide or polylactic acid (PLA), alumina, silica, waxes, and tissues. 3D printers are utilized in printing PLA filaments and pure metal filaments. Polycarbonate 3D printing filaments are dimensionally stable, strong, heat-resistant plastics with improved impact strengths. 3D concrete printing involves the deployment of large-scale 3D printers that measure around 30 feet in height and length nozzles that extrude concrete. 3D printing construction machines for manufacturing concrete generally are robotic arm systems or gantries.

The COVID-19 pandemic restricted the 3D printing materials market due to the abrupt closing of businesses during government-imposed lockdown restrictions worldwide. This resulted in a decrease in manpower at manufacturing units. The demand for 3D printed materials from the automotive sector faced a severe decline, with several countries shutting down automotive manufacturing units. As per the reports of the International Organization of Motor Vehicle Manufacturers, the global vehicle production of 2019 in the third quarter was close to 65 million, which decreased significantly to 50 million in 2020.

3D Printing Materials Market Dynamics

3D Printing Materials Market Dynamics

Major Drivers

3D printing offers a reduction in manufacturing process wastes, cost-effectiveness, improved designs, and simplification of complex designs, which is likely to fuel the market during the forecast period. Reduction in structural mass, and weight, with improved strength through the use of 3D printing materials, are likely to boost the market.

Existing Restraints

Cost of conversion of raw materials in standard forms such as filaments, liquid, and powder are high which adds up production costs. Prices of 3D printing materials are higher than those used in traditional manufacturing, which is likely to hamper market growth.

Emerging Opportunities

Surge in the use of 3D printers at home, offices, malls, and stores allows users to print low-cost 3D products in less duration, which is a lucrative opportunity for the expansion of the 3D printing materials market. Carbon 3D printers are in huge demand for precision quality printing at high speeds, which is anticipated to create new opportunities for the market players.

Scope of the 3D Printing Materials Market Report

The report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

3D Printing Materials Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016 – 2021

Forecast Period

2023 – 2031

Segmentation

Product (Metals, Ceramics, Plastics, and Others) and End-user (Aerospace & Defense, Automobile, Medical, Aerospace, Medical, and Industrial)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

ENVISIONTEC US LLC; EOS; Sandvik AB; 3D Systems Inc.; Arkema; Covestro AG; CRS Holdings Inc. (LPW Technology Ltd); Solvay; Höganäs AB; Stratasys Ltd.; Ultimaker BV; General Electric; and CRP TECHNOLOGY S.r.l.

3D Printing Materials Market Segment Insights

In terms of product, the market is divided into metals, ceramics, plastics, and others. The plastics segment is expected to dominate the market during the forecasted period. Cost-effectiveness and ease of manufacturing plastic prototypes in comparison to fibers and metals. Simplifying complex designs through plastic prototypes at low costs and without the loss of raw materials is likely to drive the segment.

The metals segment is anticipated to hold a key market share in the coming years, due to the growing use of manufacturing prosthetics and implants. Manufacturing processes consume less time with negligible material loss. The growing applications in metal printing, aerospace, automotive 3D printing, and industrial machinery sectors are likely to boost the segment.

3D Printing Materials Market Product

On the basis of end-user, the market is divided into aerospace & defense, automobile, medical, medical, and industrial. The aerospace & defense segment is anticipated to hold a key share of the market, due to the enhanced applications of 3D printing in the manufacturing of aircraft parts such as wings, jigs, and engine parts. The accurate manufacturing of aircraft parts with high dimensional accuracy is likely to boost the segment during the forecast period.

The automobile segment is anticipated to hold a key share of the market, due to the enhanced use of 3D printing technologies for manufacturing plastic and metal automobile parts. Manufacturing and replicating automobile spare parts through the assistance of 3D printing in varied material types are expected to boost the segment in the coming years.

3D Printing Materials Market End User

In terms of region, the global 3D printing materials market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, owing to the increasing demand for metals from the aerospace and automotive & aerospace & defense industry. Growing demand from the aerospace, industrial, and automotive sectors, due to rapid industrialization is anticipated to fuel the market in the region.  

The market in Asia Pacific is projected to grow at a rapid pace, owing to the growing demand for consumer products from countries such as South Korea, Japan, and China. Rising product demand from the healthcare sector is expected to propel the market in the region.

3D Printing Materials Market Region

Segments

The global 3D printing materials market has been segmented on the basis of

Product

  • Metals
  • Ceramics
  • Plastics
  • Others

End-user

  • Aerospace & Defense
  • Automobile
  • Medical
  • Aerospace
  • Medical
  • Industrial

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • ENVISIONTEC US LLC
  • EOS
  • Sandvik AB
  • 3D Systems Inc.
  • Arkema
  • Covestro AG
  • CRS Holdings Inc. (LPW Technology Ltd)
  • Solvay
  • Höganäs AB
  • Stratasys Ltd
  • Ultimaker BV
  • General Electric
  • CRP TECHNOLOGY S.r.l.

Competitive Landscape

Players in the global 3D printing materials market are ENVISIONTEC US LLC; EOS; Sandvik AB; 3D Systems Inc.; Arkema; Covestro AG; CRS Holdings Inc. (LPW Technology Ltd); Solvay; Höganäs AB; Stratasys Ltd.; Ultimaker BV; General Electric; and CRP TECHNOLOGY S.r.l. These companies use strategies such as mergers, acquisitions, partnerships, collaboration, and product launches to increase their presence.

  • In September 2021, Arkema announced featuring 3D Printing Materials for UV-curing applications, that included, HT-511 (Tough High-Temperature Resin), N3D-TOUGH 784 (high Strength Material), IC-163 Casting Resin), DMT-303 (Performance Resin), and LF-053 (Acrylic SLA Resin), that has enhanced the product portfolio reach to customers.

3D Printing Materials Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 3D Printing Materials Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. 3D Printing Materials Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. 3D Printing Materials Market - Supply Chain
  4.5. Global 3D Printing Materials Market Forecast
     4.5.1. 3D Printing Materials Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. 3D Printing Materials Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. 3D Printing Materials Market Absolute $ Opportunity
5. Global 3D Printing Materials Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. 3D Printing Materials Market Size and Volume Forecast by End Users
     5.3.1. Aerospace & Defense
     5.3.2. Automobile
     5.3.3. Medical
     5.3.4. Aerospace
     5.3.5. Medical
     5.3.6. Industrial
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global 3D Printing Materials Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. 3D Printing Materials Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global 3D Printing Materials Demand Share Forecast, 2019-2026
7. North America 3D Printing Materials Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America 3D Printing Materials Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America 3D Printing Materials Market Size and Volume Forecast by End Users
     7.4.1. Aerospace & Defense
     7.4.2. Automobile
     7.4.3. Medical
     7.4.4. Aerospace
     7.4.5. Medical
     7.4.6. Industrial
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America 3D Printing Materials Demand Share Forecast, 2019-2026
8. Latin America 3D Printing Materials Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America 3D Printing Materials Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America 3D Printing Materials Market Size and Volume Forecast by End Users
     8.4.1. Aerospace & Defense
     8.4.2. Automobile
     8.4.3. Medical
     8.4.4. Aerospace
     8.4.5. Medical
     8.4.6. Industrial
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America 3D Printing Materials Demand Share Forecast, 2019-2026
9. Europe 3D Printing Materials Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe 3D Printing Materials Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe 3D Printing Materials Market Size and Volume Forecast by End Users
     9.4.1. Aerospace & Defense
     9.4.2. Automobile
     9.4.3. Medical
     9.4.4. Aerospace
     9.4.5. Medical
     9.4.6. Industrial
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe 3D Printing Materials Demand Share Forecast, 2019-2026
10. Asia Pacific 3D Printing Materials Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific 3D Printing Materials Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific 3D Printing Materials Market Size and Volume Forecast by End Users
     10.4.1. Aerospace & Defense
     10.4.2. Automobile
     10.4.3. Medical
     10.4.4. Aerospace
     10.4.5. Medical
     10.4.6. Industrial
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific 3D Printing Materials Demand Share Forecast, 2019-2026
11. Middle East & Africa 3D Printing Materials Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa 3D Printing Materials Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa 3D Printing Materials Market Size and Volume Forecast by End Users
     11.4.1. Aerospace & Defense
     11.4.2. Automobile
     11.4.3. Medical
     11.4.4. Aerospace
     11.4.5. Medical
     11.4.6. Industrial
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa 3D Printing Materials Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global 3D Printing Materials Market: Market Share Analysis
  12.2. 3D Printing Materials Distributors and Customers
  12.3. 3D Printing Materials Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. ENVISIONTEC US LLC
     12.4.2. EOS
     12.4.3. Sandvik AB
     12.4.4. 3D Systems Inc.
     12.4.5. Arkema
     12.4.6. Covestro AG
     12.4.7. CRS Holdings Inc. (LPW Technology Ltd)
     12.4.8. Solvay
     12.4.9. Höganäs AB
     12.4.10. Stratasys Ltd
     12.4.11. Ultimaker BV
     12.4.12. General Electric
     12.4.13. CRP TECHNOLOGY S.r.l.

Methodology

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