3D Printing Material Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

3D Printing Material Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of 3D Printing Materials Market

The 3D Printing Materials Market size was valued at USD 1.53 billion in 2018 and is projected to reach USD 3.78 billion by 2026, exhibiting a CAGR of 12.1% during the forecast period of 2024-2032.

The COVID-19 pandemic drastically disrupted the 3-D printing materials market, to start with causing deliver chain disruptions, delays in production, and decreased demand from industries like car and aerospace. This created new possibilities and boosted interest in localized, on-demand manufacturing. The pandemic underscored the want for resilient supply chains, accelerating investments in superior materials like bioplastics and composites, which promise faster recovery and boom inside the market.

A key fashion within the three-D printing substances market is the growing emphasis on sustainability. Companies are an increasing number of developing green materials along with biodegradable polymers and recycled filaments to lessen environmental impact. The rising customer desire for sustainable practices, mixed with regulatory stress, is using innovation in substances like PLA (polylactic acid) and bio-based totally resins. These substances no longer best provide environmental blessings but additionally cater to industries like packaging and healthcare, which demand greener alternatives. This trend aligns with global sustainability desires and is reshaping the future of additive production.

The healthcare region is a chief driver of the 3D printing materials marketplace because of its increasing adoption for generating affected person-precise implants, prosthetics, and surgical tools. Biocompatible substances including PEEK (polyether ether ketone) and titanium are in high call for for clinical applications. The capacity to customize gadgets and reduce lead instances has made three-D printing a favored preference for healthcare specialists.

Comprehensive Analysis of 3D Printing Materials Market

The 3D Printing Materials Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated By type, by end users. By Type include Plastics, Metals, Ceramics, Others. By End-Users include Automotive, Aerospace & Defense, Industrial, Medical, Others.

The North America region lead the 3D Printing Materials Market share by benefitting a market size of USD 0.58 billion The market in the region is characterized by the demand from end-users such as aerospace, military, and medical, which are progressively using 3D printing technology.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

September 2019 – 3D Systems launched new materials for 3D printing namely PRO-BLK 10, and HI-TEMP 300-AMB. The new products will diversify the company’s product portfolio and expand the range of applications for customers.

Segmentation Table

ATRIBUTTE DETAILS

Study Period 2015-2026

Base Year 2018

Forecast Period 2019-2026

Historical Period 2015-2017

Unit Value (USD billion)

Segmentation By Type

Plastics

Metals

Ceramics

Others

By End-Users

Automotive

Aerospace & Defense

Industrial

Medical

Others

By Geography

North America (U.S. and Canada)

Europe (Germany, France, UK, Italy, Spain, and Rest of Europe)

Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia Pacific)

Rest of the World (GCC, Israel, and Others)Please Note: It will take 5-6 business days to complete the report upon order confirmation.