The global 3D printing materials market was valued at USD 3.4 billion in 2023 and is projected to reach USD 12.8 billion by 2031, growing at a CAGR of 18.07% during the forecast period (2024-2031). The report provides in-depth insights into the market’s dynamics, key trends, technological advancements, and competitive landscape. It covers various 3D printing materials, including plastics, metals, ceramics, and more. The analysis also explores end-use industries such as automotive, healthcare, aerospace, and consumer electronics. Key players in the market include Arkema S.A., Stratasys Ltd., and 3D Systems, Inc.
Market Overview
The Global 3D Printing Materials Market was valued at USD 3.4 Billion in 2023 and is estimated to reach at USD 12.8 Billion in 2031 growing at a CAGR of 18.07% over the forecast period from 2024-2031. The report would provide you with market size estimates both in terms of revenue (USD Million) and volume (Million Units) for the time period from 2022 to 2031. The report would provide various factors responsible for growth of the market across various geographies considered under the scope of the study. The report covers in-depth global and regional level analysis of various market segmentations based on Form, Material, End-Use, and Region.
Market Dynamics:
Below are the factors impacting the growth of 3D Printing Materials Market:
- Technological Advancements
- Improvement in 3D Printing Technologies: Advances in 3D printing technologies, such as multi-material printing, higher resolution, and faster printing speeds, are driving demand for more sophisticated and varied materials.
- Development of New Materials: Innovations in materials science, such as the creation of stronger, more durable, and more versatile 3D printing materials, are expanding the market.
- Increasing Adoption Across Industries
- Aerospace and Automotive Industries: These industries are increasingly adopting 3D printing for lightweight, high-strength parts, which is driving demand for advanced materials like metals and composites.
- Healthcare Sector: The use of 3D printing in medical applications, such as custom implants, prosthetics, and dental devices, is boosting demand for biocompatible materials like titanium, PLA, and certain resins.
- Cost Reduction and Economies of Scale
- Declining Material Costs: As 3D printing becomes more mainstream, the cost of materials is decreasing due to economies of scale and increased competition among suppliers.
- Improved Cost-Efficiency: The ability to produce parts on-demand and reduce waste through additive manufacturing is making 3D printing more cost-effective, encouraging wider adoption.
Regional Analysis
Based on region, Global 3D Printing Materials Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is divided into United States, Canada, and Mexico. Europe is bifurcated into Germany, U.K., France, Italy, Spain and Rest of Europe. The key country covered under Asia Pacific region includes China, Japan, India, South East Asia and Rest of Asia Pacific. Middle East & Africa is bifurcated into UAE, Saudi Arabia, South Africa and Rest of MEA. Finally, Latin America is divided into Brazil, Argentina and Rest of Latin America.
Competition Landscape
The report covers company profiles and competition analysis of major players operating under Global 3D Printing Materials Market. The company profile section includes Company Overview, Financials, Business Overview, Recent Developments, Key Strategies, Product Mapping, Regional Presence, etc. Further, the competition analysis provides you with details about Competitor Overview, Market Share Analysis, Company Performance based on Various Parameters, etc. The major players operating in Global 3D Printing Materials Market are Arkema S.A., Koninklijke DSM N.V., ExOne, Stratasys Ltd., Sandvik AB, 3D Systems, Inc, Höganäs AB, Evonik Industries AG, CeramTec GmbH, and SABIC.
Market Segmentation
The Global 3D Printing Materials Market can be segmented on the basis of Form, Material, End-Use, and Region. Further, the report would provide a detailed analysis based on below mentioned market segmentation at the global as well regional levels.
Global 3D Printing Materials Market Scope:
Global 3D Printing Materials Market | |||
Base Year | 2023 | Historical Year | 2022 |
Forecast Period | 2024-2031 | CAGR (2024-2031) | 18.07% |
Market Size in 2023 | USD 3.4 Billion | Market Size in 2031 | USD 12.8 Billion |
Segments Covered | By Form | • Powder | |
• Filament | |||
• Others | |||
By Material | • Metal Powder & Alloys | ||
• Others | |||
By End-Use | • Automotive | ||
• Healthcare | |||
• Aerospace & Defense | |||
• Consumer Products/Consumer Electronics | |||
• Construction | |||
• Others |
Global 3D Printing Materials Market, By Region and Countries:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
Reason to Purchase the Report:
- Latest trends in the market
- In depth market segmentation and cross regional / country analysis
- Market dynamics analysis including drivers, restraints and opportunities in the market
- Market sizing and segment analysis
- Competition Analysis including profiling of key market players
- Market share analysis and key strategies adopted by key players
- Recent developments and technological advancement by key players in the market
- Key takeaways from the research findings to take strategic decision in business needs