Global 3D Printing Material Market – Size, Outlook, Trends and Forecast (2024

Global 3D Printing Material Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

3D printing is also known as additive manufacturing which turns the digital 3D models into solid objects by building them up in various layers. The technology was first discovered in the 1980s, and from that time, it has been used for rapid prototyping. There are various 3D printing technologies and materials which we can print, and all are based on the same principle in which a digital model is turned into a solid three-dimensional physical object by adding material layer by layer.

Global 3D Printing Material Market Segments Size & Growth:

Global 3D Printing Material Market size is projected to reach approximately $XX Billion by the end of 2024 with a CAGR of close to 21.72% from $XX Billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include mass customisation, adoption of 3D printing for new applications, increasing use of 3D printing in aerospace and automotive applications, support from government and other organisation, and demand driven by direct parts. However, High cost of materials is thereby hindering the market growth. The opportunities of 3D printing material market include the adoption of 3D printing technology in home printing.

Global 3D Printing Material Market Segments Share:

Global 3D Printing Material Market is categorised into the material which comprises of plastics, metal, ceramics, polymer, and others. Among them, plastics segment dominated the 3D printing materials market in 2017 and accounted for around 50% of the total market share. By product, the market is segmented into polyjet, fused deposition

Global 3D Printing Material Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

modelling (FDM), selective laser sintering (SLS), stereolithography (SLA), colorjet, and others. Among them, the polyjet segment is projected to hold the largest share in the market with 35% of the global market share in 2017. SLS product use in automotive and aerospace industries will also boost the market to grow at a rate of 15% during the forecast period. By form, the market is segmented into powder, filament, and liquid.

By end-users, the market is segmented into aerospace & defence, medical & dental, automotive, consumer goods, healthcare, industrial, education & research, and others. Among them, the medical and dental segment is projected to hold the largest share in the market and is one of the major applications that use 3D printing technology. Various medical products such as surgical equipment, prosthetics & implants, and tissue engineering products are manufactured through 3D printing technology. Apart from this, 3D printing is also used for technologies in the field of medicine such as orthopaedic, dental, and cranio-maxillofacial. With recent advancements in bio-printing applications of the 3D printing technology, human organs can also be printed. By Geography, North America is projected to hold the largest share in the market having 35% global share in 2015. The growth of aerospace industry and increase in the sale of automobiles and electronic gadgets, increased government funding are the factors which are propelling the growth of the market.

Global 3D Printing Material Market Trends:

3D printers are emerging faster where both the new materials and new technologies

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Global 3D Printing Material Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

become available. Speed means manufacturers can produce more pieces, faster, and broadens the growth of the market.

Scientists and researchers have successfully printed kidney cells, sheets of cardiac tissue that beat like a real heart and the foundations of a human liver, among many other organ tissues.

Global 3D Printing Material Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players, such as

TDK Corporation
Johanson Manufacturing Ltd.
Murata Machinery Ltd.
Americor Electronics, Ltd.
Infineon Technologies AG

Along with these companies, there were many other companies considered/cited in the report while analysing the global 3D printing material market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

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