[187 Pages Report] The 3D Printing Materials Market size was estimated at USD 4.74 billion in 2023 and expected to reach USD 5.98 billion in 2024, at a CAGR 32.23% to reach USD 33.57 billion by 2030.
3D printing or additive manufacturing technology is used to develop a three-dimensional object from a CAD or digital 3D model. The extensive utilization of 3D printing technology across the automotive, aerospace, electronics, and aerospace sector for a range of purely aesthetic and fully functional applications are resulting in increased demand for 3D printing materials. The growing adoption of 3D printing technology due to its ability to produce superior quality products and cost-effectiveness is raising the demand for high-performance 3D printing materials. Additionally, governments worldwide are taking initiatives to increase the adoption of 3D printing technology, which in turn is accelerating the use of 3D printing materials. However, the high cost and adverse effects pertaining to the exposure to 3D printing materials may impact their adoption by the end-use sectors. Moreover, the introduction of bio-based materials and the increasing utilization of 3D printing in the home printing and education sector are expected to expand the use of 3D printing materials across various industrial verticals.
The 3D printing material market is highly developing in the Americas owing to the increasing adoption of 3D printing technology across various industrial sectors, including aerospace, healthcare, and automotive, along with favorable government initiatives to promote the use of 3D printing across the United States, Canada, Brazil, Ontario, Virginia, and Mexico. Improving economic conditions and the growing industrial sector are creating opportunities for expanding the use of 3D printing materials across the APAC region. The increasing popularity of 3D printing technology across various industrial sectors and the availability and production of various 3D printing materials are accelerating their use in the EMEA region. Moreover, the development of sustainable 3D printing materials, the emergence of startups, and rules and regulations imposed by governments worldwide to ensure the quality and safety of products are expected to facilitate the use of 3D printing materials globally across the end-use sectors.
The market dynamics represent an ever-changing landscape of the 3D Printing Materials Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
- Market Drivers
- Growing demand for 3D printing materials from the end-use sectors
- Government initiatives to support the adoption of 3D printing
- Market Restraints
- High cost associated with 3D printing materials
- Market Opportunities
- Growing penetration of bio-based materials
- Adoption of 3D printing technology in home printing and education sector
- Market Challenges
- Potential health harm from exposure to toxic substances used in printing
Form: Significant utilization of powder-based materials
In the filament segment, the extensive use of materials such as PLA, ABS, metals, and composites in Fused Deposition Modeling (FDM) underscores its popularity for prototyping and functional part creation across the automotive, aerospace, and consumer goods sectors. The domain of liquid materials, integral to processes such as Stereolithography (SLA), Digital Light Processing (DLP), and Continuous Liquid Interface Production (CLIP), excels in delivering high-precision parts with exquisite detail and smooth finishes, finding its niche in the dental, healthcare, and jewelry industries. Powder-based materials, central to Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), and Electron Beam Melting (EBM), are pivotal for their ability to fabricate complex shapes and internal structures directly, without supports, cutting down on waste and post-processing efforts, a feature highly valued in aerospace, automotive, and medical applications.
End-User: Rising use of 3D printing materials in the construction industry ushering in the era of sustainability
The aerospace and defense sector capitalizes on high-performance materials such as titanium alloys and advanced polymers to create durable parts that can withstand harsh conditions, thereby reducing costs and enhancing operational efficiency. The automotive domain is transforming production by using ABS, PLA, and various metal alloys for lightweight and complex component designs, a trend further accelerated by the rise of electric vehicles. The construction industry is experiencing a paradigm shift, with 3D printing with concrete, plastics, and metal alloys enabling custom designs, reduced waste, and lower costs, ultimately ushering in a new era of sustainability and efficiency. In consumer goods and electronics, the flexibility in design and rapid prototyping capabilities of 3D printing, utilizing plastics, resins, and composites, are revolutionizing product development. The education sector is steadily adopting 3D printing, particularly in STEM and design courses, with PLA being the material of choice for its user-friendliness and affordability. The healthcare and medical devices industry is witnessing significant advancements, with biocompatible materials facilitating personalized patient care through custom-made prosthetics, implants, and surgical instruments.
The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the 3D Printing Materials Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the 3D Printing Materials Market.
The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the 3D Printing Materials Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.
The value chain of the 3D Printing Materials Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.
The pricing analysis comprehensively evaluates how a product or service is priced within the 3D Printing Materials Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the 3D Printing Materials Market.
The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the 3D Printing Materials Market.
The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the 3D Printing Materials Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.
The trade analysis of the 3D Printing Materials Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.
The regulatory framework analysis for the 3D Printing Materials Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the 3D Printing Materials Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the 3D Printing Materials Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Nexa3D announced the acquisition of AddiFab
Nexa3D announced the acquisition of Addifab, a provider of advanced materials for the 3D printing industry. This strategic investment promises to bring transformative capabilities to Nexa3D’s customers through personalized production and on-demand fabrication with highly complex components. As one of the first additive manufacturing vendors to acquire an advanced material provider, Nexa3D is setting a new standard for speed and quality that other players in the market are sure to follow. [Published On: 2023-04-05]
Lithoz launches LithaGlass 3D printing material in partnership with Glassomer
Lithoz GmbH partnered with Glassomer to launch of its new LithaGlass material for use on its Lithography-based Ceramic Manufacturing 3D printing technology. The 3D printing market is quickly expanding in various materials and applications. One such material from the glass-like family is Lithoz's Lithaglass. This unique offering, marketed as a glassomer, provides a combination of properties that opens up new possibilities for additive manufacturing processes. It can be produced with high detail resolution at room temperature and ambient pressure. It also offers strength, durability, and good chemical resistance for applications spanning biomedical uses to aerospace components. Furthermore, its high refractive index makes Lithaglass applicable for optical elements such as lenses or reflectors. Overall, Lithoz's Lithaglass provides potential for 3D printing and the markets it serves, such as the automotive and medical industries. [Published On: 2023-04-04]
Lithoz Launched LithaGlass Material for 3D Printing
Lithoz launched an innovative new 3D printable material, Lithaglass. This material is a hybrid of ceramics and glass that opens up many possibilities for 3D printing applications in the industry. It is highly strong and heat resistant with characteristics such as low weight, excellent electrical insulation, chemical resistance, and inertness to thermal shock. These attributes make it ideal for almost any 3D-printed structure or object. With these qualities, Lithaglass can be used in dental implants, wearables such as smartwatches, and many other creative applications involving structural components. [Published On: 2023-04-04]
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the 3D Printing Materials Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
The report delves into recent significant developments in the 3D Printing Materials Market, highlighting leading vendors and their innovative profiles. These include 3D Systems Corporation, 3D4Makers B.V., Apium Additive Technologies GmbH, AREVO, Inc., Arkema S.A., BASF SE, Carbon, Inc., Desktop Metal, Inc., EOS GmbH, Equispheres Inc., Evonik Industries AG, Fictiv, Inc., Formlabs Inc., General Electric Company, Glowforge, Inc., Henkel AG & Co. KGaA, HP Inc., Intamsys Technology Co., Ltd., Markforged Holding Corporation, Materialise NV, Mighty Buildings, Inc., Nexa3D Inc., Proto Labs, Inc., Rapidmade, Inc., Stratasys Ltd., Taulman3D, LLC, Xometry, Inc., and Zortrax S.A..
This research report categorizes the 3D Printing Materials Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Form
- Filament
- Liquid
- Powder
- Technology
- Binder Jetting
- Digital Light Processing
- Direct Metal Laser Sintering
- Electron Beam Melting
- Fused Deposition Modelling
- Multi Jet Fusion
- Polyjet
- Selective Laser Sintering
- Stereolithography
- Type
- Ceramics & Composites
- Metals
- Aluminium
- Cobalt-Chrome
- Copper
- Nickel
- Steel
- Titanium
- Polymers
- Acrylic Styrene
- Photopolymers
- Polyamide
- Polycarbonates
- Polylactic Acid
- Polypropylene
- Thermoplastic Elastomers
- Application
- Manufacturing
- Prototyping
- Research & Development
- End-User
- Aerospace & Defense
- Automotive
- Construction
- Consumer Goods & Electronics
- Education
- Healthcare & Medical Devices
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- 3D Printing Materials Market, by Form
- 3D Printing Materials Market, by Technology
- 3D Printing Materials Market, by Type
- 3D Printing Materials Market, by Application
- 3D Printing Materials Market, by End-User
- Americas 3D Printing Materials Market
- Asia-Pacific 3D Printing Materials Market
- Europe, Middle East & Africa 3D Printing Materials Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 26]
- List of Tables [Total: 678]
- List of Companies Mentioned [Total: 28]
3D-printed vitamins, jewelry, eyewear, medical components, and musical instruments are the new trends, exploring the versatility of high-performance 3D printing materials, including high-temperature polymers, refractory metals, ceramics, and composites.
Recently, U.S. researchers created programmable 3D printing materials with tunable self-regulating properties that sense how they move and interact with the environment. The surging need for transitioning to a circular economy and industrial decarbonization has unfolded R&D to traverse the recyclability and sustainability of 3D printing materials.
In Jan 2023, AGC Inc. developed a biocompatible non-cytotoxic urethane acrylate oligomer that can be 3D printed into ultra-realistic patient-specific organ models. The coming days are to see the alliances between 3D printing companies and the industry’s material experts to continue formulating and validating quality resins to further expand client applications that profit from ultrafast 3D printing technology.
Enhanced automation and quality controls of material processing and further industry unification have set foot to help 3D printing become the robust industrial manufacturing process that befits its monumental development prospect.
The potential of 3D printing in the manufacturing industry is exceptional, as it allows mass customization with minimum or no waste. It has surpassed the traditional manufacturing methods in making complex shapes and geometries, which was a big challenge. Different 3D printing materials are specifically developed for different applications and can withstand different mechanical stresses, temperatures, and other environmental factors. For example, companies have developed 3D printing materials that are used in creating plastic parts with a high degree of strength, durability, and thermal stability, which is essential in automotive, aerospace, and some medical applications. Moreover, 3D printing materials can produce parts with reduced weight, which results in cost savings and reduces the environmental impact.
The healthcare industry is also benefiting from the advancements in 3D printing materials. With the growing demand for customized implants, prosthetics, and medical devices, several new materials, such as biocompatible polymers, metals, and ceramics, have been developed. These materials can replicate human tissues and have the ability to integrate into the patient's body, making surgery and recovery easier. For example, custom-made hearing aids, orthotics, and prosthetics can be made rapidly, accurately, and economically due to 3D printing materials. 3D printing of medical devices creates significant value by fabricating highly intricate and complex geometries at a faster pace, allowing customization in a matter of days instead of weeks.
The architecture and construction industry is also benefitting from the rapid growth of 3D printing materials. The design freedom offered by 3D printing technology is unmatched, as unconventional architectural designs and structures have become a reality. 3D printing materials used in construction must meet specific requirements such as durability, strength, and resistance to weathering. Other materials have been developed with energy efficiency in mind.
3D printing materials have disrupted several industries and paved the way for new opportunities. The rapid growth and potential of 3D printing materials have grabbed the attention of designers, manufacturers, innovators, investors, and end-use sectors. The development of new materials has continually made 3D printing technology even more affordable, accessible, and feasible. The end-use sectors are increasingly relying on 3D printing materials due to the benefits that it offers in terms of customization, precision, weight reduction, and reduced manufacturing costs. The future of 3D printing materials is bright, and the scope of its application is continuously increasing.
- How big is the 3D Printing Materials Market?
- What is the 3D Printing Materials Market growth?
- When do I get the report?
- In what format does this report get delivered to me?
- How long has 360iResearch been around?
- What if I have a question about your reports?
- Can I share this report with my team?
- Can I use your research in my presentation?