3D Printing Materials Market - Trends Forecast Till 2028

Market Overview

The global 3D Printing Materials market size is projected to reach USD 4.9 billion by 2026 at a CAGR of 23.7% from USD 1.8 billion in 2021 during the forecast period 2021-2028.

The major 3D printing material is made up of thermoplastics which is a class of plastic that has an ability to deform when heated and take up the shape of the mould when cooled down. Some other raw materials such as metal, graphite, and carbon fiber are also used for 3d printing. The two most common types of plastics used for 3D printing are PLA or Poly Lactic Acid and ABS or Acro nitrile butadiene styrene.

With increased demand from the aerospace and defence industry along with the mass customization along with the governmental initiatives are some of the factors that have supported long-term expansion for 3D Printing Materials Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe and has thus negatively impacted the 3D printing market as well. There has been decreased demand from the end user industry and also the disrupted supply chains have forced the workers to operate at zero or partial capacities.

Regional Analysis

Europe is expected to be the largest market of 3D Printing Materials during the forecast period. The use of 3D printing in medical industries for producing medical products such as surgical equipment, prosthetics & implants, and tissue engineering products have led to growth in the commercial refrigeration equipment in the region.

Detailed qualitative and quantitative data & insights are provided on global, regional and country level.

Competitive Landscape

Key Players

• 3D Systems Corporation
• The ExOne Company
• Hoganas AB
• Materialise NV
• Arkema SA
• Evonik Industries AG
• General Electric
• Stratasys
• Royal DSM N.V.

Recent Developments

• In November 2018, a high-performance materials Arnitel ID2060 HT and Somos PerFORM Reflect were launched by Royal DSM N.V. for additive manufacturing.
• In April 2018, 30 new materials for Figure 4 Printers were launched by3D Systems Corporation. Some of the materials are Figure 4 RGD-GRY 10, Figure 4 RGD-GRY 15, Figure 4 ELAST-BLK, and Figure 4 JCST-GRN. These were used in automotive and durable goods application.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for 3D Printing Materials market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope