3D Printing Materials Market Growth, Size, Trends, Demand, Revenue, Challenges and Future Scope
3D Printing Materials Market Size- By Material Type, By Form, By End User Industry- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2020 | Report ID: CHEM2002 | Pages: 1 - 253 | Formats*: |
| Category : Chemical & Materials | |||
3D Printing Materials Market Introduction and Overview
According to SPER Market Research, the Global 3D Printing Materials Market is estimated to reach USD 16.10 billion by 2033 with a CAGR of 16.93%.
The report includes an in-depth analysis of the Global 3D Printing Materials Market, including market size and trends, product mix, distribution channels, and supplier analysis. 3D printing, also known as additive manufacturing, is a method of creating 3-dimensional objects using a digital design file. It involves the successive deposition of material layers until the desired object is formed. Compared to traditional manufacturing methods like injection molding and subtractive production, 3D printing is a faster process. The increasing demand for 3D printing materials is primarily fueled by various industries such as aerospace, automotive, military, and healthcare, which rely on this technology.
- September 2019: 3D Systems recently introduced two novel materials, PRO-BLK 10 and HI-TEMP 300-AMB, for 3D printing. These additions to their product lineup aim to broaden the company's offerings and provide customers with a wider array of options. The introduction of these materials will also expand the potential applications of 3D printing, offering greater versatility and utility to users.
- November 2018: Royal DSM N.V. has recently unveiled "Arnitel ID2060 HT," an advanced thermoplastic copolyester designed specifically for 3D printing through fused filament fabrication. This filament provides an optimal combination of characteristics, including excellent chemical resistance, flexibility, and the ability to withstand high temperatures. With its unique properties, the Arnitel ID2060 HT filament enables users to create durable and functional parts suitable for a wide range of applications in various industries.
Market Opportunities and Challenges
For market participants, the global market for 3D printing materials offers both multiple opportunities and difficulties. On the upside, the market is expanding significantly due to expanding applications across numerous industries, including consumer goods, aerospace, automotive, and healthcare. This increase in demand provides plenty of opportunity for businesses to profit from the growing use of 3D printing technology. Additionally, the development of novel polymers, metals, and composites along with the ongoing improvements in 3D printing materials present possibilities for cutting-edge and high-performance applications. Businesses who can develop new materials with improved qualities including strength, toughness, flexibility, and heat resistance will likely have an advantage over rivals.
The market for 3D printing materials, however, also faces difficulties. The high cost of materials, which can prevent widespread adoption, particularly in large-scale manufacturing, is one of the main worries. For the market to expand, efforts to cut material prices while preserving quality and performance are essential. The requirement for 3D printed material standardisation and certification presents another difficulty. For sectors like aerospace and healthcare, where strict quality standards are crucial, ensuring consistency, dependability, and conformity with industry standards is critical. Building trust and accelerating adoption in these industries will be made possible by establishing standardised procedures and material certifications.
Market Competitive Landscape
The competitive environment within the 3D printing materials market is characterized by fragmentation. The success of a company in this market hinges on its diverse product portfolio and the introduction of new materials catering to different applications. Key players continually strive to enhance the physical properties of 3D printing materials while also reducing costs, which is anticipated to bolster their market presence. The increasing demand for 3D printing materials in industries like automotive, aerospace, medical, and consumer products has prompted companies to adopt growth strategies such as expansion, joint ventures, and acquisitions. Some prominent key players in the Global 3D Printing Materials market include: Arkema SA, Evonik Industries AG, General Electric, Hoganas AB, Materialise NV, Royal DSM N.V., Stratasys, Ltd., The ExOne Company, 3D Systems Corporation, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Material Type, By Form, By End User Industry |
| Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Arkema SA, Evonik Industries AG, General Electric, Hoganas AB, Materialise NV, Royal DSM N.V., Stratasys, Ltd., The ExOne Company, 3D Systems Corporation, Others |
COVID-19 Impact on Global 3D Printing Materials Market
The COVID-19 outbreak has a conflicting effect on the world market for 3D printing materials. The market eventually saw a boom in demand for 3D printed goods, particularly in the healthcare industry, even though the first outbreak caused supply chain delays and temporary closures of manufacturing facilities. The epidemic brought to light the value of flexible production and the customizability potential of 3D printing. Healthcare is one industry that has embraced 3D printing since it was critical to produce medical equipment and personal protective equipment quickly. However, economic uncertainty, lower investments, and postponed projects in other sectors hindered the market's overall growth, preventing it from reaching its full potential throughout the epidemic.
Key Target Audience:
- Architects and Construction Industry
- Education and Research Institutions
- Hobbyists and Makers
- Manufacturing and Industrial Sector
- Medical and Healthcare Sector
- Product Designers and Engineers
- Others
Our in-depth analysis of the 3D Printing Materials Market includes the following segments:
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Key Topics Covered in the Report:
- Global 3D Printing Materials Market Size (FY’2023-FY’2033)
- Overview of Global 3D Printing Materials Market
- Segmentation of Global 3D Printing Materials Market By Material Type (Ceramics, Metals, Plastics, Other Material Types)
- Segmentation of Global 3D Printing Materials Market By Form (Filament, Liquid, Powder)
- Segmentation of Global 3D Printing Materials Market By End User Industry (Aerospace, Automotive, Consumer, Electronics, Defense, Medical, Other)
- Statistical Snap of Global 3D Printing Materials Market
- Expansion Analysis of Global 3D Printing Materials Market
- Problems and Obstacles in Global 3D Printing Materials Market
- Competitive Landscape in the Global 3D Printing Materials Market
- Impact of COVID-19 and Demonetization on Global 3D Printing Materials Market
- Details on Current Investment in Global 3D Printing Materials Market
- Competitive Analysis of Global 3D Printing Materials Market
- Prominent Market Players in the Global 3D Printing Materials Market
- SWOT Analysis of Global 3D Printing Materials Market
- Global 3D Printing Materials Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global 3D Printing Materials Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global 3D Printing Materials Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global 3D Printing Materials Market
7. Global 3D Printing Materials Market, By Material Type (USD Million)
7.1. Global 3D Printing Materials Market Value Share and Forecast, By Material Type, 2023-20337.2. Ceramics7.3. Metals7.4. Plastics7.5. Other Material Types
8. Global 3D Printing Materials Market, By Form (USD Million)
8.1. Global 3D Printing Materials Market Value Share and Forecast, By Form, 2023-20338.2. Filament8.3. Liquid8.4. Powder
9. Global 3D Printing Materials Market, By End User Industry (USD Million)
9.1. Global 3D Printing Materials Market Value Share and Forecast, By End User Industry, 2023-20339.2. Aerospace9.3. Automotive9.4. Consumer Electronics9.5. Defense9.6. Medical9.7. Other
10. Global 3D Printing Materials Market Forecast, 2019-2033 (USD Million)
10.1. Global 3D Printing Materials Market Size and Market Share
11. Global 3D Printing Materials Market, By Material Type, 2019-2033 (USD Million)
11.1. Global 3D Printing Materials Market Size and Market Share By Material Type (2019-2026)11.2. Global 3D Printing Materials Market Size and Market Share By Material Type (2027-2033)
12. Global 3D Printing Materials Market, By Form, 2019-2033 (USD Million)
12.1. Global 3D Printing Materials Market Size and Market Share By Form (2019-2026)12.2. Global 3D Printing Materials Market Size and Market Share By Form (2027-2033)
13. Global 3D Printing Materials Market, By End User Industry, 2019-2033 (USD Million)
13.1. Global 3D Printing Materials Market Size and Market Share By End User Industry (2019-2026)13.2. Global 3D Printing Materials Market Size and Market Share By End User Industry (2027-2033)
14. Global 3D Printing Materials Market, By Region, 2019-2033 (USD Million)
14.1. Global 3D Printing Materials Market Size and Market Share By Region (2019-2026)14.2. Global 3D Printing Materials Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific14.4. Europe14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe14.5. Middle East and Africa14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa14.6. North America14.6.1. Canada14.6.2. Mexico14.6.3. United States14.7. Latin America14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Arkema SA15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. Evonik Industries AG15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. General Electric15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. Hoganas AB15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. Materialise NV15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. Royal DSM N.V.15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. Stratasys, Ltd.15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. The ExOne Company15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. 3D Systems Corporation15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
3D Printing Materials Market size is USD 16.10 billion from 2023 to 2033.
3D Printing Materials Market Segment is Covered By Material Type, By Form, By End User Industry
The North America region is anticipated to have the highest market share in 3D Printing Materials Market.
The key players in the market include Companies Covered Arkema SA, Evonik Industries AG, General Electric, Hoganas AB, Materialise NV, Royal DSM N.V., Stratasys, Ltd., The ExOne Company, 3D Systems Corporation, Others
This increase in demand provides plenty of opportunity for businesses to profit from the growing use of 3D printing technology.
3D Printing Materials Market is projected to reach USD 16.10 billion by 2033, growing at a CAGR of 16.93% during the forecast period.
3D Printing Materials Market grew in market size from 2023. The Market is expected to reach USD 16.10 billion by 2033, at a CAGR of 16.93% during the forecast period.
3D Printing Materials Market CAGR of 16.93% during the forecast period.
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