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3D Printing Materials Market Is Slated To Expand At Around 26% CAGR By 2031

3d-printing-materials-market-forecast-analysis-2021-2031

The 3D printing materials market is on an upward trajectory, fueled by rising demand from various sectors including healthcare and automotive. As of the end of 2021, the market was positioned to reach a substantial value of US$ 1.3 billion. Looking ahead to the next decade, it is expected that fused filament fabrication technology will dominate, constituting approximately 31% of the global 3D printing materials market.

The automotive industry faced significant disruptions in 2020 due to the COVID-19 pandemic, as countries worldwide implemented lockdowns and many suspended vehicle production. During this tumultuous period, 3D printing emerged as a faster manufacturing method compared to traditional techniques like injection molding and subtractive manufacturing.

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The 3D printing materials market is experiencing a profound transformation, driven by a convergence of technological advancements, expanding applications, and the pursuit of sustainable solutions. This market, which forms the backbone of additive manufacturing, is characterized by a rich tapestry of materials that range from traditional polymers to advanced metals, ceramics, and composites. As we navigate the trajectory of the 3D printing materials market, several key trends and future prospects come into focus, shaping its dynamic landscape.

One of the defining trends in the 3D printing materials market is the growing adoption of 3D printing across a diverse array of industries. From aerospace and automotive to healthcare and consumer goods, additive manufacturing has penetrated various sectors, fueling demand for a wide spectrum of 3D printing materials. While conventional thermoplastics like ABS and PLA continue to play a significant role, there is an unmistakable shift towards advanced materials engineered for specific applications.

Market Players: –

  • 3D Systems Corporation
  • Arkema S.A.
  • Royal DSM N.V.
  • The Exone Company
  • Stratasys Ltd.
  • General Electric
  • Materialize NV
  • Sandvik AB
  • Hoganas AB
  • Evonik Industries AG
  • Voxeljet AG
  • Markforged Inc.
  • SLM Solutions Group AG
  • Impossible Objects Inc.
  • LPW Technology Ltd.
  • Envisiontec Inc.
  • Carbon
  • BASF New Business GmbH
  • Eco-Industrial Co. Ltd.
  • Forefront Filament
  • Keene Village Plastics
  • Clariant AG
  • Airwolf 3D
  • Lithoz GmbH

Materials Diversity: The 3D printing materials market boasts a wide range of materials, from traditional thermoplastics like ABS and PLA to advanced metals, ceramics, composites, and even biodegradable polymers. This diversity enables manufacturers to select materials that precisely match the requirements of their applications, leading to improved performance and efficiency.

Expanding Applications: 3D printing materials find applications across an ever-expanding array of industries. From aerospace and automotive to healthcare and consumer goods, additive manufacturing is revolutionizing how products are designed, prototyped, and produced. Customization is a significant driver, allowing for patient-specific medical implants, aerospace components with complex geometries, and personalized consumer products.

Competitive Landscape  – 3D Printing Materials Market

Key manufacturers of 3D printing materials market are reliant on forging long term partnership and collaborative agreements, introducing new product lines into the market and acquiring rival players to strengthen customer base. Some notable developments in the industry are as follows:

  • In 2021, 3D Systems Corporation engaged in a long-term partnership with Sauber Motorsports AS for building a high production in-house factory to support the wind tunnel operations that were enabled by 3D System solutions. The company provided 3D printing material for high-quality parts of Sauber for aerodynamic model iterations.
  • In April 2021, Stratasys Ltd. introduced three new 3D printers that together address a large portion of the multibillion-dollar market opportunity in additive manufacturing of end-use parts. The systems collectively are aimed at accelerating the shift from traditional to additive manufacturing for low-to-mid-volume production applications underserved by traditional manufacturing methods.

Key Segments Covered in 3D Printing Materials Market

  • Form
    • 3D Printing Powder
    • 3D Printing Filament
    • 3D Printing Liquid
  • Technology
    • Fused Filament Fabrication
    • Selective Laser Sintering
    • Stereolithographic
    • Direct Metal Laser Sintering
    • Others
  • Type
    • Plastic 3D Printing Materials
    • Metal 3D Printing Materials
    • Ceramic 3D Printing Materials
    • Others
  • Application
    • Prototyping
    • Manufacturing
    • R&D
  • Vertical
    • Automotive
    • Aerospace & Defence
    • Healthcare
    • Consumer Goods
    • Construction
    • Others

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

Points Covered in 3D Printing Materials Market Survey 

  • Market Estimates and Forecasts (2017-2031)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • 3D Priniting Materials Brand Share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • Assessment by Product Grade / Purity / Formulation Standards
  • Assessment of Import Price, Bulk Price, Contractual Price, Producer / Distributor Price
  • Certifications and Compliance Requirements
  • COVID-19 Impact on the 3D Printing Materials Market and How to Navigate
  • Recommendation on Key Winning Strategies

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