The Global 3D Printing Materials Market is projected to reach a value of over USD 16.2 billion by 2027 at a CAGR of around 23.3%.
Past few years, technological advancement has led to the potential growth of 3D printing across various research & development laboratories and digital printing markets globally. 3D printing offers the number of thermoplastics and other industrial materials found in conventional manufacturing. Acrylonitrile Butadiene Styrene (ABS) and Polylactic Acid (PLA) are the two most commonly used thermoplastic material for Fused Deposition Molding (FDM) desktop printing. Moreover, metal 3D printing has become popular, which rely on metal powder. The availability of metal 3D printing materials in additive manufacturing is dependent upon how easily the powdered form can be fused. Many end-use industries used 3D printing technology to design, manufacture, develop, and distribution processes for making flexible designs, safer and lighter products, reducing cost and reducing the lead times.
Market Driver:
Adoption of 3D printing technology in the automotive, aerospace & defense, and consumer goods industries is increasing rapidly due to the less time consumption and cost-effectiveness in mass production. In the automotive industry, carmakers primarily use 3D printing to create an automotive prototype to check their form and fit. Moreover, the aerospace & defense industry is also using 3D printing technology to manufacture complex parts with the best design such as wing, engine parts, and jigs, etc. at a low cost. Titanium is widely used material in the aerospace and defense industry as it is corrosion resistant and has the highest strength-to-density ratio of any metallic element. In addition, 3D printing offers significant value to the consumer goods industry. Consumer goods are based on the customization of the trending products, and 3D printing help to manufacture these products with speed and cost-effectiveness.
Thus, increasing demand form various end-use industries for 3D printing will help to boost the market for the 3D printing material market during the forecast period.
Market Restraint:
3D printing materials are split up into various categories, which related to the widely used 3D printing manufacturing technology namely FDM, SLA, and SLS[YG1] . Every manufacturing technology is different, which means each technology needs a different form of material. Plastic and metals are widely used material for 3D printing. These materials are available into the powder, filament and liquid form. The material pricing heavily depends on the quality of the material. Generally, PLA filament is extensively used, which is followed by ABS filaments. The expected price for home or office 3D printers filaments would be USD 20 to 70 per kg. ColorFabb BV is one of the popular filament manufacturers that offer a wide arrange of PLA, which almost goes for USD 35.9 per 750 grams (without tax).
Thus, the high material price due to the high standard of purity is expected to hinder the market growth during the forecast period.
The report on the 3D printing materials market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) and Volume (Ton) |
Segments Included |
Type, Form, Process, Application, and End-User |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
3D Printing Materials Market, by Type
3D Printing Materials Market, by Form
3D Printing Materials Market, by Process
Others 3D Printing Materials Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE 3D Printing Materials MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain