3D Printing Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global 3D printing materials market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 18.2% during 2023-2028.
Three-dimensional (3D) printing, also known as digital fabrication technology and additive manufacturing (AM), refers to the process of creating a physical object from a digital design. It utilizes different materials, such as plastics, epoxy resins, ceramics, metals, carbon fibers, graphite and graphene, nitinol, and paper. It allows rapid prototyping, which is the fast fabrication of a physical part, model, or assembly using 3D computer aided design (CAD). It currently finds extensive applications in the automotive, electronics, and healthcare industries for mass customization and the production of open-source designs. As a result, the demand for 3D printing materials is rising across the globe.
3D Printing Materials Market Trends:
Hearing aids manufacturers are increasingly relying on 3D printing to create prototypes and mass produce their products using custom scans. This, in confluence with rising technological advancements, represents one of the key factors bolstering the growth of the market. Moreover, biomaterials used in biomedical 3D printing technology, such as metals, ceramics, hard polymers and composites, are rigid. These materials are utilized in orthopedic and dental applications as they can produce customized solutions on account of their inherent structural and morphological characteristics. Besides this, polyethylene glycol diacrylate (PEGDA), acrylonitrile butadiene styrene (ABS), flexible photopolymers, silicone, and elastomer-based materials are the most commonly used 3D printing materials in robotics. Furthermore, 3D printing technology offers freeform fabrication, sustainable and efficient manufacturing, and a shorter time from design to production as compared to subtractive or conventional manufacturing technology. In addition, it does not require molds for manufacturing parts, which results in time and cost savings. These benefits, coupled with the thriving aviation industry, are anticipated to create a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global 3D printing materials market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form and end user.
Breakup by Type:
Polymers
Acrylonitrile Butadiene Styrene (ABS)
Polylactic Acid (PLA)
Photopolymers
Nylon
Others
Metals
Steel
Titanium
Aluminum
Others
Ceramic
Silica Sand
Glass
Gypsum
Others
Others
Laywood
Paper
Others
Breakup by Form:
Powder
Filament
Liquid
Breakup by End User:
Consumer Products
Aerospace and Defense
Automotive
Healthcare
Education and Research
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3D Systems Inc., Arkema S.A., Carbon Inc., Clariant AG, EOS, Formlabs, Höganäs AB, Markforged, Materialise NV, Sandvik AB, Stratasys Ltd. and Taulman3d LLC.
Key Questions Answered in This Report
1. What was the size of the global 3D printing materials market in 2022?
2. What is the expected growth rate of the global 3D printing materials market during 2023-2028?
3. What are the key factors driving the global 3D printing materials market?
4. What has been the impact of COVID-19 on the global 3D printing materials market?
5. What is the breakup of the global 3D printing materials market based on the type?
6. What is the breakup of the global 3D printing materials market based on the form?
7. What is the breakup of the global 3D printing materials market based on end user?
8. What are the key regions in the global 3D printing materials market?
9. Who are the key players/companies in the global 3D printing materials market?