3D Printing Materials Market, By Product Type (Ceramics, Plastics, Metals, and Others), By Application (Electronics & Consumer Products, Automotive, Medical, Industrial, Education, Aerospace, and Others (Military, Architectural, Government, etc.)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
3D printing is the process of creating a three-dimensional object by using a computer-aided design model or a digital 3D model. 3D printing materials are diverse and are available in a variety of forms. The global 3D printing materials market is being driven primarily by rising demand in industries such as architecture, automotive, aerospace, and military. The automobile manufacturing industry will boost the 3D printing materials market growth in the future.
Market Dynamics
Increasing demand for 3D printing materials across the aerospace industry is one of the key factor driving growth of the market. Moreover, the 3D printing materials helps the automotive manufacturers in the development of more complex and lighter vehicles thereby, increases demand for such products over the forecast period.
The 3D printing materials market is expected to witness growth, owing to rising demand for 3D printing materials across various end-use industries such as automotive, aerospace, and defense among others. Increasing awareness about the benefits of 3D printers such as low wastage of materials is again expected to raise the product adoption. Additionally, the flexibility to produce complex geometric structures that are difficult to be manufactured is further expected to foster the market growth of the 3D printing materials.
Increasing R&D by manufacturer for developing advanced 3D printing technology in response to evolving and day-to-day new demands from consumers is expected to serve major opportunities in 3D printing materials market.
The growing need for reducing production time, improve product properties, and also reduce the labor cost is encouraging manufacturers to invest in R&D for developing advanced 3D printing technology. This is expected to foster the market growth over the forecast period.
Key features of the study:
This report provides in-depth analysis of global 3D printing materials market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global 3D printing materials market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include 3D Systems, Inc., Arcam AB, Concept Laser GmbH, EOS GmbH Electro Optical Systems, ExOne GmbH, Solidscape, Inc., Optomec, SLM Solutions GmbH, and Stratasys, Ltd.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global 3D printing materials market report caters to various stakeholders in this industry including investors, suppliers, 3D printing materials manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global 3D printing materials market
Detailed Segmentation:
Global 3D Printing Materials Market, By Product Type:
Ceramics
Plastics
Metals
Others
Global 3D Printing Materials Market, By Application: