3D Printing Materials Market To Reach $11.08 Billion By 2031 - Growing Demand For Polymers In 3D Printing Applications And The Increasing Focus Of Organizations On Product Development And Prototyping Exclusive Report By Meticulous Research®

The 3D printing materials market is projected to reach $11.08 billion by 2031, at a CAGR of 23.8% from 2024 to 2031.

Download FREE PDF Brochure Of 3D Printing Materials Market –

Balancing Growth: Rising Demand and Innovation Drive the 3D Printing Market Amid Cost and Skill Challenges

The growth of this market is driven by the growing demand for polymers in 3D printing applications, the increasing focus of organizations on product development and prototyping, and government initiatives supporting the adoption of 3D printing technologies. However, the high costs of 3D printing materials restrain the growth of this market.

Furthermore, the application of 3D printing technologies in the education sector and enterprises' increasing focus on hybrid material innovation are expected to generate market growth opportunities. However, the shortage of skilled professionals and limited material selection are major challenges impacting market growth.

Application of 3D Printing Technologies in the Education Sector

The use of 3D printing technologies in the education sector is expected to create growth opportunities for market stakeholders. 3D printing technologies help improve learning and skill development and increase student-teacher engagement. Also, working with 3D-printed models helps students improve creativity and solve complex problems with ease. 3D printing technologies improve students' understanding by allowing them to physically touch and observe 3D-printed objects. Thus, the growing adoption of 3D printing technologies in the education sector is expected to drive the demand for 3D printing materials.

Get Insightful Data On Regions, Market Segments, Customer Landscape, And Top Companies (Charts, Tables, Figures And More) -

Nowadays, educators have started implementing 3D printing technologies at all levels, from primary to secondary school. 3D printing technologies enable educators to provide students with accurate physical prototypes and, thus, practical, and hands-on knowledge, allowing them to understand scientific concepts. Many countries have started introducing 3D printing technologies in schools and universities. For instance, the Japanese Ministry of Economy, Trade, and Industry (METI) chose several universities and technical schools to subsidize two-thirds of their expenses toward introducing 3D printing technology. Also, following the U.S., Japan joined Britain and Australia in introducing 3D printing technologies in schools and other educational institutions.

Many universities and technical colleges have incorporated 3D printing modules and projects into various courses, such as engineering and applied sciences. The third-level 3D printing module focuses on building 3D printers from scratch and fabricating 3D models using various materials. 3D printing technologies thus aid visual and practical learning across sciences. 3D-printed components are often used as test models for scientific experiments in disciplines such as mechanical engineering, aerospace, and robotics. The use of 3D printers in public libraries helps improve knowledge exchange between learners. Also, university libraries have started maintaining dedicated makerspaces with 3D printers that can be used by all library members.

3D Printing Materials Market Analysis: Key Segmental Findings

• By Type: In 2024, the polymers segment is expected to account for the largest share of 79.0% of the 3D printing materials market. However, the ceramics & composites segment is expected to register the highest CAGR of 31.8% during the forecast period 2024–2031.
• By Form: In 2024, the powders segment is expected to account for the largest share of 46.3% of the 3D printing materials market. However, the filaments segment is expected to register the highest CAGR during the forecast period 2024–2031.
• By Technology: In 2024, the Fused Deposition Modeling (FDM) segment is expected to account for the largest share of the 3D printing materials market. However, the Electron Beam Melting (EBM) segment is expected to register the highest CAGR during the forecast period 2024–2031.
• By End User: In 2024, the aerospace & defense segment is expected to account for the largest share of 25.0% of the 3D printing materials market. However, the industrial segment is expected to register the highest CAGR during the forecast period 2024–2031.

Explore the Key Market Segments Driving Growth (Download Free Sample) –

Geographic Analysis:

Based on geography, the 3D printing materials market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of
36.3%
of the 3D printing materials market.

The consumer goods market is among the largest markets in North America. In recent years, many companies in the consumer goods space have started using 3D printing technology to manufacture products ranging from personalized headphones to customized footwear, which is expected to drive the demand for 3D printing materials in North America. Many companies have started setting up 3D printing material manufacturing plants in the region to cater to this growing demand. For instance, ARMOR Group, a France-based company, has set up 3D printing material manufacturing operations near Cincinnati, U.S. The plant also manufactures plastic products, such as thermal transfer ribbons.

The growing use of various 3D printing technologies for manufacturing orthopedic, cranial, and dental implants, surgical instruments, and prosthetics for the healthcare industry in the region is boosting the demand for 3D printing materials.

Browse In-depth Report Now -

Furthermore, various local players in the 3D printing space are collaborating with A&D companies to develop 3D printing technologies for the manufacture of high-performance aerospace & defense components. For instance, in October 2023, 3D Systems, Inc. (U.S.) launched its MJP 300W 3D printer and VisiJet Wax Jewel Ruby material. Thus, technological advances are also expected to support the growth of the 3D printing materials market in North America.

In 2024, the U.S. is expected to account for the dominant share of 95.0% of the 3D printing materials market in North America. The country's large market share is mainly attributed to the growing adoption of 3D printing technology in healthcare, automotive, and industrial, among other applications, and the increasing demand for 3D printing technology in the country's aerospace industry to manufacture stronger and lighter aircraft parts and components.

Asia-Pacific: The Fastest-growing Regional Market

Asia-Pacific is projected to register the highest CAGR of
28.6 % during the forecast period 2024–2031. In 2024, China is expected to account for the largest share of the 3D printing materials market in Asia-Pacific. The manufacturing sector in Asia-Pacific is developing rapidly, with a growing interest in new technologies for efficient production. Additionally, increased digitization is driving the adoption of 3D printers in industries such as consumer goods, construction, healthcare, electronics, and semiconductors. China, India, Japan, South Korea, and Singapore are some of the largest economies in this region, with significant potential for the adoption of 3D printing technologies due to the rapid increase in industrialization.

Have specific research needs? Request a customized research report –

Manufacturing companies' growing interest in new technologies and increasing government support for technology adoption have boosted the utilization of 3D printing technologies and materials in the region's manufacturing sector. Increasing digitalization in the region has also fueled the adoption of 3D printing technology across the consumer goods, healthcare, construction, and education industries in Asia-Pacific.

The high adoption of 3D printing technology in the healthcare industry has accelerated the production and utilization of 3D printing materials. For instance, in February 2024, Lithoz GmbH (Austria) established a technology network to advance ceramic 3D printing. The network will initially consist of three Japanese ceramic companies-AS ONE (Japan), Mitsui Kinzoku ACT (Japan), and Yugyokuen Ceramics (Japan).

Germany Continues to Dominate the 3D Printing Materials Market in Europe

In 2024, Germany is expected to account for the largest share of the 3D printing materials market in Europe. Germany's large share is attributed to the growing adoption of 3D printing technology among the country's automotive companies.

Need Insights on Regional Data? Check Out Our Detailed Analysis (Download Free Sample) -

3D Printing Materials Market: Competition Analysis

This report offers a competitive analysis based on an extensive assessment of the leading players' product portfolios, geographic presence, and key growth strategies adopted over the past 3–4 years. Major companies in the 3D printing materials market have implemented various strategies to expand their product offerings and global footprints and augment their market shares.

The key strategies followed by most companies in the 3D printing materials market include product launches, expansions, mergers & acquisitions, agreements, collaborations, and partnerships. The key players operating in the 3D printing materials market include
Markforged, Inc. (U.S.), Sculpteo (France), Stratasys Ltd. (U.S.), Evonik Industries AG (Germany), Zortrax (Poland), 3D Systems, Inc. (U.S.), Proto Labs, Inc. (U.S.), MATERIALISE NV (Belgium), The ExOne Company (U.S.), IC3D, Inc. (U.S.), Desktop Metal, Inc. (U.S.), EOS GmbH (Germany), Tethon3D (U.S.), Lithoz GmbH (Germany), and Formlabs (U.S.).

Learn About the Top Companies Influencing Market Dynamics (Download Free Sample) –

3D Printing Materials Industry Overview: Latest Developments from Key Industry Players

• In March 2024, HP Inc. (U.S.) launched a new polymer material, HP 3D HR PA 12 S, enabled by Arkema (France), establishing a new benchmark in surface finish with lower costs per part. The new PA 12 S material sets the standard for surface aesthetics while reducing costs for customers using HP's Jet Fusion 5200 Series 3D printing solutions.
• In February 2024, Lithoz GmbH (Austria) established a technology network to advance ceramic 3D printing. The network will initially consist of three Japanese ceramic companies-AS ONE (Japan), Mitsui Kinzoku ACT (Japan), and Yugyokuen Ceramics (Japan).
• In October 2023, Desktop Metal, Inc. (U.S.) launched ETEC Pro XL, an industrial polymer 3D printer that delivers extreme accuracy, resolution, and surface finish in a large build area with high throughput speeds. Additional updates to ETEC Pro XL include a 4K ultra-high-definition projector and proven HyperPrint technology for continuous, isotropic printing.
• In March 2021, STRATASYS LTD. (Israel) launched the J5 DentaJet multi-material 3D printing system to enable dental professionals to load mixed trays of dental parts. The J5 DentaJet can handle up to five different materials and allows dental labs to manufacture several parts with multiple materials for partial denture applications or dental implant cases.
• In March 2021, Evonik Industries AG (Germany) launched a new ready-to-use PEEK filament for 3D printing industrial plastic parts. The high-temperature material called INFINAM PEEK 9359 F is compatible with extrusion-based 3D printing processes such as FDM and FFF. It is designed to replace metals in "infinite" industrial 3D printing applications.

IMMEDIATE DELIVERY AVAILABLE | BUY THIS RESEARCH REPORT (Insights, Charts, Tables, Figures and More) -

Scope of the Report:

3D Printing Materials Market Assessment - by Type

• Polymers
  • Photopolymers
  • Polyamide (PA)
  • Polylactic Acid
  • Acrylic Styrene
    Acrylonitrile (ASA)
  • Polycarbonates (PC)
  • Polypropylene (PP)
  • Thermoplastic
    Elastomers (TPE)
  • Other Polymers
• Metals & Alloys
  • Steel
  • Titanium
  • Nickel
  • Aluminum
  • Copper
  • Cobalt-Chrome
  • Other Metals & Alloys
• Ceramics & Composites

3D Printing Materials Market Assessment - by Form

• Powders
• Filaments
• Liquids

3D Printing Materials Market Assessment - by Technology

• Fused Deposition Modeling (FDM)
• Selective Laser Sintering (SLS)
• Stereolithography (SLA)
• Direct Metal Laser Sintering (DMLS)
• Polyjet
• Multi Jet Fusion (MJF)
• Digital Light Processing (DLP)
• Electron Beam Melting (EBM)
• Other Technologies

3D Printing Materials Market Assessment-by End User

• Consumer Packaged Goods
  • Electronic Appliances
  • Jewelry & Artistic Items
  • Other Consumer Packaged Goods Applications
• Automotive
• Industrial
  • Equipment & Machines
  • Goods & Materials
• Healthcare
  • Implants
  • Dental
  • Medical Devices
• Aerospace & Defense
  • Prototypes
  • Body & Spare Parts
• Energy
• Construction
• Other End Users

3D Printing Materials Market Assessment-by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific (RoAPAC)
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America (RoLATAM)
• Middle East & Africa
  • Israel
  • UAE
  • Rest of Middle East & Africa

Browse More Related Reports:

Dental 3D Printing Market, worth $3.56B in 2023, is set to grow to $16.22B by 2031, driven by a CAGR of 20.9% from 2024 –

3D Printing Plastics Market will reach $7.8 billion by 2031, growing at a CAGR of 23.2% from 2024 to 2031 -

Explore booming 3D Printing Construction Market, set to reach $1,617.5 Billion by 2030, growing at a staggering CAGR of 207.1% from 2024 to 2030 -

Medical 3D printing market is projected to reach $9.6 billion by 2030, at a CAGR of 18.3% during forecast period -

Dental 3D Printing Materials Market is Projected to Reach $5.4 Billion by 2031 at a CAGR of 27.3% From 2024 to 2031 -

3D Printing Materials Market is projected to reach $11.08 billion by 2031, at a CAGR of 23.8% from 2024 to 2031 -

3D Printing PLA Market By Application (Consumer products, Automotive Parts, Industrial Applications, Healthcare, Aerospace & Defense, Others) And Geography - Global Forecast To 2027 -

3D Printing Materials Market
Report Summary

Hot Industry Reports: Emerging Trends and Market Forecasts

Nutraceutical Ingredients Market by Size, Share, Forecasts, & Trends Analysis -

Speech Analytics Market by Size, Share, Forecasts, & Trends Analysis -

Disinfection Robots Market Size, Share, Forecast, & Trends -

Clinical Trial Supplies Market Size, Share, Forecast, & Trends 2031 -

Bovine Gelatin Market by Size, Share, Forecast, & Trends Analysis -

Collaborative Robots Market: Types, Trends, & Forecasts 2031 -

Learning Management System (LMS) Market Size, Share 2030 -

Research Antibodies and Reagents Market by Size, Share, Forecasts, & Trends Analysis -

Digital Twin Market Size, Share, & Growth Analysis 2030 -

e-SUVs Market by Size, Share, Forecasts, & Trends Analysis -

Europe Orthodontics Market by Size, Share, Forecast, & Trends Analysis -

Antimicrobial Susceptibility Testing Market by Size, Share, Forecasts, & Trends Analysis -

South East Asia Molecular Diagnostics Market by Size, Share, Forecast, & Trends Analysis -

AI in Supply Chain Market by Size, Share, Forecasts, & Trends Analysis -

Europe Microalgae Market by Size, Share, Forecasts, & Trends Analysis -

Vaccines Market Size, Share, & Industry Growth 2031 -

Human Nutrition Market by Size, Share, Forecasts, & Trends Analysis -

Feed Additives Market Industry Overview & 2030 Projections -

Healthcare IT Market Trends & Insights, Forecast to 2031 -

Edge Computing Market: Components, Applications & Forecasts -

Vietnam Cartonboard Paper Market by Size, Share, Forecasts, & Trends Analysis -

Europe Water and Wastewater Treatment Market by Size, Share, Forecast, & Trends Analysis -

Pharmaceutical Processing Equipment Market by Size, Share, Forecasts, & Trends Analysis -

Smart Waste Management Market by Size, Share, Forecasts, & Trends Analysis -

Cybersecurity Market Size, Share, Forecast, & Trends 2031 -

Latin America IVD Market by Size, Share, Forecasts, & Trends Analysis -

Weather Monitoring Systems Market by Size, Share, Forecasts, & Trends Analysis -

Seed Treatment Market by Size, Share, Forecast, & Trends Analysis -

Continuous Bioprocessing Market by Size, Share, Forecast, & Trends Analysis -

Non-destructive Testing Services Market Size, Share, Forecast, & Trends Analysis -

Europe Livestock Diagnostics Market by Size, Share, Forecasts, & Trends Analysis -

Access Control Market by Size, Share, Forecast, & Trends Analysis -

Collagen Market by Size, Share, Forecasts, & Trends Analysis -

Organic Food Market: Types, Channels, & Forecasts 2031 -

Europe Phycocyanin Market by Size, Share, Forecasts, & Trends Analysis -

Water and Wastewater Treatment Technologies Market Analysis -

Dairy Alternatives Market Size, Trends & Analysis by 2031 -

South East Asia Pharmaceutical Contract Development and Manufacturing Market by Size, Share,
Forecast, & Trends Analysis
-

South East Asia Smart Home Market by Size, Share, Forecast, & Trends Analysis -

Hydrocolloids Market by Size, Share, Forecasts, & Trends Analysis -

Contact:
Mr.
Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA : +1-646-781-8004
Europe : +44-203-868-8738
APAC : +91 744-7780008
Email-
[email protected]
Visit Our Website:

Connect with us on LinkedIn-

Meticulousblog | Top Market Research Reports Blog -

Content Source:
pressrelease/91/3d-printing-material-market

Photo:
Logo:

SOURCE Meticulous Market Research Pvt. Ltd.

MENAFN23092024003732001241ID1108704727