3D Printing Plastics Market by Form (Filament, Liquid/Ink, Powder), Product Type (Acrylonitrile Butadiene Styrene, Photopolymer, Polyamide), Technology, Industry - Global Forecast 2024-2030

3D Printing Plastics Market by Form (Filament, Liquid/Ink, Powder), Product Type (Acrylonitrile Butadiene Styrene, Photopolymer, Polyamide), Technology, Industry - Global Forecast 2024-2030

The 3D Printing Plastics Market size was estimated at USD 1.29 billion in 2023 and expected to reach USD 1.55 billion in 2024, at a CAGR 19.99% to reach USD 4.65 billion by 2030.

3D printing plastics are a category of specially formulated polymer materials that are used as feedstock in 3D printing processes. These plastics are designed to be pliable and workable under specific conditions, typically when heated, to enable their layer-by-layer deposition to form three-dimensional objects. Common materials within this class include acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), polyethylene terephthalate glycol (PETG), and a variety of photopolymer resins, each with distinct properties tailored to different applications. 3D printing plastics must possess characteristics such as consistent flow rates, appropriate melting points, and adequate strength post-printing to ensure the utility and durability of the printed objects. Innovations in printing technology and materials science have expanded the range of plastic materials suitable for 3D printing. Moreover, decreased production costs and reduced waste have made 3D printing an increasingly economical manufacturing option. However, environmental costs associated with 3D-printed plastic objects may hamper the market growth. Nevertheless, the development and expanding demand for bio-based and composite grades of 3D printing plastics is expected to provide an opportunistic view for the market.

Regional Insights

In the Americas, the United States leads the 3D printing plastics market due to its well-established aerospace, automotive, and healthcare sectors, which frequently employ 3D printing technology. The presence of major industry players and technological innovators in the U.S. significantly drives the market growth. Additionally, advancements in 3D printing technologies and governmental investments in R&D contribute to the expanding market. Countries including Canada and Brazil also show a significant interest in 3D printing technologies, primarily due to the growth in their manufacturing sectors and the increasing adoption of cutting-edge industrial techniques. In the EMEA region, the European market is driven by technological advancements, increased R&D activities, and the presence of a large industrial base. Various regions, including Germany, are frontrunners due to their strong automotive and manufacturing industries. The region has seen significant investments in the development of eco-friendly and high-performance plastics for 3D printing applications. In the Middle East and Africa, the market is still nascent, showing potential growth prospects with increased investments in infrastructure that foster the adoption of 3D printing technologies. The Asia Pacific region depicts an opportunistic growth prospect for the 3D printing plastics market, propelled by an expanding manufacturing sector and technological advancements. Major economies in the region including China, Japan, South Korea, and India are leading this growth, driven by a substantial increase in 3D printed electronics, automotive components, and healthcare products. The region's strong emphasis on industrial automation and a growing consumer electronics industry also contribute to market expansion. In addition, investments in R&D to develop advanced materials further bolster the 3D printing plastics market in the Asia Pacific.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the 3D Printing Plastics 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

• Increasing Application of 3D Printing Plastic in Various Applications
• Developing Demand from Automotive and Aerospace Industries
• Government Support for 3D Printing Plastics

Market Restraints

• High Production Cost of 3D Printed Plastic Product

Market Opportunities

• Rising R&D Investments in the Medical 3D Printing Plastics
• Expanding Demand for Bio-Based Grades and Composite Grades of 3D Printing Plastics in Various Applications

Market Challenges

• Environmental Cost Associated with the 3D Printed Plastic Objects

Market Segmentation Analysis

• Form: Growing usage of powder materials owing to their mechanical properties and functionality in end-use parts
• Industry: Proliferation of high performance thermoplastics such as PEEK and ULTEM in aerospace and defense sectors

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the 3D Printing Plastics 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).

Market Share Analysis

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 Plastics 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.

Recent Developments

Stratasys Launches New Materials for Origin One DLP & F900 FDM 3D Printers

Stratasys expanded its additive manufacturing portfolio by launching four innovative P3 materials tailored for the Origin One DLP 3D printing platforms alongside two new compatible filaments for the F900 FDM platform. The newly introduced DLP materials Somos WeatherX 100, Somos PerFORM HW, P3 Deflect 190 ESD, and P3 Stretch 80 offer solutions for various applications. The Somos WeatherX 100 is designed for products needing exceptional environmental durability, such as automotive interiors and exterior-grade consumer goods.

3D Printing Suppliers Announce Partnership in Filament Production

Essentium, an industrial additive manufacturing company, forged a strategic partnership with 3D-Fuel, a specialized producer of 3D printing filaments. This partnership intends to streamline the acquisition process for consumers within the 3D printing sector by consolidating a wide array of high-quality filaments under a unified supply channel. This partnership demonstrates a commitment to enhancing customer experience by simplifying access to a diverse portfolio of 3D printing materials, thereby facilitating seamless integration into various industrial applications.

Stratasys Completes Acquisition of Covestro’s Additive Manufacturing Materials Business

Stratasys Ltd., a key player in polymer 3D printing solutions, successfully acquired Covestro AG's additive manufacturing materials division. This strategic move not only enhances Stratasys' portfolio with around 60 innovative additive manufacturing materials but also conveys the inclusion of substantial intellectual property bolstered by an extensive collection of active and pending patents. The acquisition also transfers Covestro's dedicated R&D labs and their seasoned development and sales units spanning Europe, America, and Asia.

Strategy Analysis & Recommendation

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 Plastics 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.

Key Company Profiles

The report delves into recent significant developments in the 3D Printing Plastics Market, highlighting leading vendors and their innovative profiles. These include 3D HUBS B.V., 3D Systems Corporation, Apium Additive Technologies GmbH, Arkema S.A., BASF SE, Dream Polymers, DuPont de Nemours, Inc., EOS GmbH, Evonik Industries AG, Henkel AG & Co. KGaA, HP Inc., INTAMSYS Technology Co. Ltd., Javelin Technologies Inc., Koninklijke DSM N.V., LEHVOSS Group, Materialise NV, Nantong NTEC Monofilament Technology Co.,Ltd, RapidMade Inc., Saudi Basic Industries Corporation, Shenzhen Kings 3D Printing Technology Co.,Ltd., Solidspace Technology LLP, Solvay S.A., Stratasys, Ltd., Torwell Technologies Co., Ltd., and Xometry, Inc..

Market Segmentation & Coverage

This research report categorizes the 3D Printing Plastics Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Form
• Filament
• Liquid/Ink
• Powder
• Product Type
• Acrylonitrile Butadiene Styrene
• Photopolymer
• Polyamide
• Polyether Ether Ketone
• Polyethylene Terephthalate Glycol
• Polylactic Acid
• Technology
• Digital Light Processing
• Electronic Beam Melting
• Fused Deposition Modeling
• Laminated Object Manufacturing
• Selective Laser Melting
• Selective Laser Sintering
• Industry
• Aerospace & Defense
• Automotive
• Electrical & Electronics
• Healthcare
• 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

Please Note: PDF & Excel + Online Access - 1 Year