Global 3D Printing Resin Market Industry Trends: Growth Analysis, Size, Share, and Forecast Insights (2024–2031)

The global 3D Printing Resin Market, valued at USD 1.35 billion in 2023, is expected to grow at a remarkable CAGR of 24.0% and reach USD 7.5 billion by 2031. This market insight report by DataGuru Research Partners provides comprehensive analysis of the 3D printing resin industry, covering key segments, types of resins, market dynamics, and regional trends. Resin-based 3D printing is used in industries ranging from automotive and aerospace to medical applications, offering high precision, durability, and customization. Explore key drivers, restraints, and opportunities shaping the 3D printing resin market, alongside competition analysis and insights into leading companies such as Formlabs, 3D Systems Corporation, and Prodways Tech.

3D printing resin is a specialized material used in additive manufacturing processes to create high-resolution, durable, and functional parts. Unlike traditional filament-based 3D printing, resin-based 3D printing involves using liquid resins that are cured or hardened by exposure to light, typically UV (ultraviolet) light, to build objects layer by layer.

Here are types of 3D Printing Resins:

  • Standard Resins:
    • Applications: General-purpose printing for prototypes, models, and decorative items.
    • Properties: Typically offer good surface finish and detail but may not be as durable or functional as specialized resins.
  • Tough Resins:
    • Applications: Functional prototypes and end-use parts that require high strength and durability.
    • Properties: Designed to withstand mechanical stress and impact, making them suitable for engineering applications.
  • Flexible Resins:
    • Applications: Parts requiring flexibility and elasticity, such as wearable items, seals, and gaskets.
    • Properties: Provides rubber-like properties, allowing parts to bend and compress without breaking.
  • High-Temperature Resins:
    • Applications: Parts exposed to high temperatures, such as in aerospace, automotive, and industrial applications.
    • Properties: Offers heat resistance and maintains structural integrity under elevated temperatures.
  • Dental Resins:
    • Applications: Dental models, crowns, and other dental applications.
    • Properties: Biocompatible and formulated to meet the specific requirements of dental use, including accuracy and safety.
  • Castable Resins:
    • Applications: Jewelry making and precision casting.
    • Properties: Burns out cleanly without residue, making it ideal for investment casting processes.
  • Surgical Resins:
    • Applications: Medical implants, surgical guides, and anatomical models.
    • Properties: Biocompatible and designed for use in medical applications, providing precision and safety.                                                                     

Market Overview

The Global 3D Printing Resin Market was valued at USD 1.35 Billion in 2023 and is estimated to reach at USD 7.5 Billion in 2031 growing at a CAGR of 24.0% 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 Type, Application, and Region.

Market Dynamics:

Below are the factors impacting the growth of 3D Printing Resin Market:

  • Technological Advancements
    • Innovation in Resin Formulations: Development of new resin types with improved properties, such as high strength, flexibility, or heat resistance, enhances the capabilities and applications of 3D printing.
    • Advancements in Printing Technologies: Improvements in 3D printing hardware, such as higher resolution printers and faster printing speeds, drive the adoption of resin-based printing.
  • Industry Demand
    • Prototyping and Customization: Increased demand for rapid prototyping and customized products in sectors like automotive, aerospace, and consumer goods drives the need for high-quality 3D printing resins.
    • Medical and Dental Applications: The growing use of 3D printing in healthcare for producing customized implants, prosthetics, and dental models boosts demand for specialized resins.
  • Performance Benefits
    • High Resolution and Detail: Resin-based 3D printing offers superior resolution and detail compared to traditional filament printing, making it attractive for applications requiring high precision and smooth surface finishes.
    • Material Properties: The ability to tailor resins for specific properties, such as durability, flexibility, or temperature resistance, supports their use in a wide range of applications.

Regional Analysis

Based on region, Global 3D Printing Resin 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 Resin 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 Resin Market  are Prodways Tech, FormFutura, DETAX, Formlabs, 3D Prod, Admetec, ASIGA, Tethon3D, PolyOne Corporation, and 3D Systems Corporation.

 Market Segmentation

The Global 3D Printing Resin Market can be segmented on the basis of Type, Application, 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 Resin Market Scope:

Global 3D Printing Resin Market
Base Year2023Historical Year2022
Forecast Period2024-2031CAGR (2024-2031)24.00%
Market Size in 2023USD 1.35 BillionMarket Size in 2031USD 7.5 Billion
Segments CoveredBy Type• Liquid Resin
• Polymer Powder Resin
• Others
By Application• Medical
• Industrial
• Others

 Global 3D Printing Resin 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
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