3D Printing Materials Market, By Product Type (Ceramics, Plastics, Metals, and Others), By Application (Electronics & Consumer Products, Automotive, Medical, Industrial, Education, Aerospace, and Others (Military, Architectural, Government, etc.)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Published In : Jul 2023

Code : CMI4376

Pages :120

Formats :

Excel and PDF

Industry : Advanced Materials

3D Printing Materials MarketSize and Trends

Global 3D printing materials market was valued at US$ 1287.8 Million in 2022, in terms of revenue, exhibiting a CAGR of 10.6% during the forecast period (2023 to 2030).

One of the major markets for 3D printing materials is the aircraft sector. Traditional technologies cannot be utilized to prototype and produce complicated geometrical pieces or specialized low-volume parts, but 3D printing can. In component production, it cuts down on lead time. For instance, in 2022, according to the most recent market trends for 3D printing materials, the aerospace application category will have a significant proportion of 26.8% in 2022. By 2030, it is projected to be worth US$ 4.2 billion.

Global 3D Printing Material Market: Market Trend

One of the expanding trends in the market for 3D printing materials is the continuous product innovation by major market participants. For instance, Sculpteo and BASF introduced a new line of high-performance 3D printing materials in July 2020. The newly launched three materials are intended for use in the automobile industry and have the requisite characteristics needed there.

The market is expanding as a result of the increased usage of thermoplastic materials in 3D printing processes such as fused deposition modelling (FDM), which produces strong, lightweight medical goods. For the production of implants, metals including titanium, cobalt, chromium, and aluminum are frequently employed in the dentistry sector.