Overview and Scope
3D printing materials refers to a type of 3D printing substance that uses additive manufacturing to create 3D models, products, and products of devices and components. 3D printing materials are used in the 3D printing process to create prototypes and parts of plastic and glass.
Sizing and Forecast
The 3d printing materials market size has grown exponentially in recent years. It will grow from <b>$2.08 billion in 2023 to $2.61 billion in 2024 at a compound annual growth rate (CAGR) of 25.6%. </b> The growth in the historic period can be attributed to environmental sustainability, reduction in production costs, increased r&d investment, regulatory support, consumer 3d printing.
The 3d printing materials market size is expected to see exponential growth in the next few years. It will grow to <b>$6.13 billion in 2028 at a compound annual growth rate (CAGR) of 23.8%. </b> The growth in the forecast period can be attributed to industry 4.0 integration, aerospace and defense expansion, rising infrastructure and construction, energy sector adoption, rising demand for mass customization. Major trends in the forecast period include advanced composite materials, biodegradable materials, bioinks for bioprinting, integration of electronic components, smart materials.
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Segmentation & Regional Insights
The 3d printing materials market covered in this report is segmented –
1) By Type: Polymers, Metal, Ceramic, Other Types
2) By Technology: Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Stereolithography (SLA), Direct Metal Laser Sintering (DMLS), Other Technologies
3) By Form: Powder, Filament, Liquid
4) By End-Use Industry: Automotive, Healthcare, Aerospace And Defense, Consumer Goods, Construction, Other End-Users
<b>North America</b> was the largest region in the 3D printing materials market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the 3D printing materials market share during the forecast period. The regions covered in the 3d printing materials market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising demand for 3D printing materials in the automotive industry is expected to propel the growth of the 3D printing materials market in the forecast period. 3D printing technology has enabled amazing breakthroughs in the automotive sector, starting from the ability to produce rapid prototypes to the widespread fabrication of final car parts and, finally, the 3D manufacturing of practically entire automobiles. The automotive industry has accepted 3D printing and is increasingly utilizing its capabilities regularly. For instance, according to Machine Design, a US-based trade journal the automotive sector is expected to spend roughly $530 million on 3D printing materials by 2021. Therefore, the increasing demand for 3D printing materials in the automotive industry drives the growth of the 3D printing materials market.
Key Industry Players
Major companies operating in the 3d printing materials market include <b> Stratasys Ltd., 3D Systems Corp, Arcam AB, Exone GmbH, Koninklijke DSM NV, Cita Rasa Prima Group, Envisiontec GmbH, EOS GmbH Electro Optical Systems, Materialise NV, Höganäs Stenkolsverk, LPW Technology Ltd., General Electric Company, Advanced Powders and Coatings INC., Formlabs Inc., Toner Plastic, Taulman 3D, Dutch Filaments BV, Arkema SA, Evonik Industries AG, Badische Anilin- und Sodafabrik, Henkel AG & Co KGaA, Solvay SA, Sandvik AB, Saudi Basic Industries Corporation, De Nederlandse Staatsmijnen, Covestro AG, Dow Inc., LG Chem Ltd., Kuraray Co Ltd., ColorFabb BV </b>
The 3d printing materials market report table of contents includes:
1. Executive Summary
2. 3D Printing Materials Market Characteristics
3.3D Printing Materials Market Trends And Strategies
4.3D Printing Materials Market analysis
5.3D Printing Materials Market Size And Growth
6.3D Printing Materials Segmentation
7.3D Printing Materials Regional And Country Analysis
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27.3D Printing Materials Competitive Landscape And Company Profiles
28.3D Printing Materials Key Mergers And Acquisitions
29.3D Printing Materials Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Stratasys Ltd.
- 3D Systems Corp
- Arcam AB
- Exone GmbH
- Koninklijke DSM NV
- Cita Rasa Prima Group
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