3D Printing Materials Market sales expected to cross US$ 5.1 Bn by the end of 2031

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.

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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
  • Acrylonitrile Butadiene Styrene Nylon
  • Polylactic Acid (PLA)
  • High Impact Polystyrene (HIPS)
  • Polyvinyl Alcohol (PVA)
  • Polyethylene Terephthalate (PET)
  • Others
• Metals
  • Steel
  • Aluminum
  • Nickel & Alloys
  • Cobalt & Alloys
  • Others
• Ceramics
• Others

By Form:

• Filament
• Powder
• Liquid

By Application:

• Electronics & Consumers
• Automotive
• Medical
• Industrial
• Education
• Aerospace
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global 3D Printing Materials Market Demand Analysis 2016-2020 and Forecast, 2021-2031

continued…!

Frequently Asked Questions

What is the current 3D printing materials market value?
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What is the North America 3D printing materials market outlook?
What is the Europe 3D printing materials market outlook?
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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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