The 3D printing materials market is estimated to grow at a CAGR 21.74% rate during the forecast period. Higher demand from the aerospace & defense, healthcare, and automotive industries is expected to drive the overall growth of the market.

The metal 3D printing materials is estimated to account for the largest share in market, due to increased demand from aerospace & defense and automotive end-use industries. The plastic 3D printing materials segment is expected to hold for the second-largest position in the market.

The 3D printing materials used in the manufacturing application are projected to witness high growth across the globe. Automotive, healthcare, and aerospace & defense industries have already adopted 3D printing for the mass production of components. Some of the recent applications include automotive components, mobile cases, wing mirrors, toys, and various others are being created using 3D printing technology. End-use industries are shifting toward bulk manufacturing using 3D printing, in order to achieve the advantage of economies of scale, reduction in lead time, and to produce complex structured objects.

Demand for plastic 3D printing materials in the filament form is driven as plastic materials are commonly used in this form in 3D printing processes. The plastic materials that are available in the filament form include acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), nylon, photopolymers, polyvinyl alcohol (PVA), polycarbonate (PC), high-density polyethylene (HDPE), and other thermoplastics.

North America is predicted to hold the largest share in the 3D printing materials market throughout trend and forecast period. Increased consumption of metal materials in aerospace & defense and automotive industries is playing a vital role in the growth of 3D printing materials. The adoption of 3D printing in the healthcare industry for medical and dental implants is also supporting the growth of the market in the region.

Key Market players are 3D Systems Corporation (US), Stratasys, Ltd. (US), Arkema SA (France), Materialise NV (Belgium), Evonik Industries AG (Germany), and General Electric (US).

Key Questions Addressed by the Report

 

• What are the major end-use industries of 3D printing materials?

 

• Which industry is the major consumer of 3D printing materials?

 

• Which region is the largest and fastest-growing market for 3D printing materials?

 

• What are the major types of 3D printing materials?

 

• What are the major strategies adopted by leading market players?

Segmentation