3D Printing Materials Market Size, Share, Demand & Trends by 2033
The global 3D printing materials market is
anticipated expand at an impressive 14.2% CAGR over the forecast period. Rapid
adoption of technologically advanced manufacturing equipment across various
sectors is driving sales of 3D printers worldwide, which is expected to boost
the market in the forthcoming years.
Raw materials such as plastics, ABS, PLA, metals &
powders, carbon fibers, resins are some commonly used 3D printing materials.
Growing trend of utilizing 3D printers to manufacture various kinds of small
and large products are boosting the market.
In addition to this, increasing adoption of 3D
printing in the building and construction sector is expected to augment the
growth of the market. Furthermore, the expansion of automotive, aerospace,
electronics and medical is anticipated to remain key growth driver of the
global market of 3D printing materials.
As per FMI, North America is expected to remain a
lucrative pocket in the global 3D printing materials market. Growth is
attributable to the swift commercialization of novel technologies like 3D
printing in various industries across the region.
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Key Takeaways:
- By
material type, sales in the metal segment are forecast to grow at a 14.9%
CAGR over the assessment period.
- Based
on form, demand for powder 3D printing materials is projected to increase
at a 13.5% CAGR through 2031.
- In
terms of applications, sales in the automotive sector are forecast to gain
traction at a 13.6% CAGR over the forecast period.
- The
U.S. will emerge as a lucrative pocket in the North America 3D printing
materials market.
- Sales
in the China 3D printing materials market are projected to increase at a
15.2% CAGR through 2031.
“Increasing adoption of 3D printing in the
healthcare sector and the growing demand for 3D printed plastics for vehicle
interiors are expected to drive sales in the market over the assessment
period,” says an FMI analyst.
Competition Landscape
Key market participants in the global 3D printing
materials market elaborated in the report includes Covestro AG, Arkema
S.A., Sandvik A.B., Evonik Industries A.G., EOS GmbH Electro Optical Systems,
Ultimaker B.V., Hoganas AB, The EXONE Company, General Electrics, 3D Systems
Corporation, Materialise NV, STRATASYS LTD, and MARKFORGED Inc.
Key market participants are focusing on development of
innovative 3D printing products to improve their product portfolios. Besides
this, players are also investing in mergers, acquisitions, and collaborations
to expand their global presence.
For instance:
- In
April 2021, Sandvik and its subsidiary BEAMIT Group announced a new
capacity for additively manufacturing components in super-duplex stainless
steel, an alloy that combines mechanical strength with extremely high
corrosion resistance.
3D printing materials Market By Category
By Material Type:
- Plastics
- Metals
- Ceramics
- Others
By Form:
- Filament
- Powder
- Liquid
By Application:
- Electronics
& Consumers
- Automotive
- Medical
- Industrial
- Education
- Aerospace
- Others
Table
of Content
1. Executive Summary | 3D Printing
materials market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap
Analysis
1.5. Analysis and
Recommendations
2. Market Overview
2.1. Market Coverage /
Taxonomy
2.2. Market Definition / Scope
/ Limitations
3. Market Background
4. Global Market Analysis 2017 to 2022 and
Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) &
Volume (Tons) Analysis, 2017 to 2022
4.2. Current and Future Market
Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1.
Y-o-Y Growth Trend Analysis
4.2.2.
Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2022 and
Forecast 2023 to 2033, By Material Type
TOC continued…!
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