About the Report
3D printing materials market has been progressing at a rapid pace in the past several years. The growth of the market is attributed due to increasing adoption of 3D printing technology for variety of applications, such as production of complex parts. Additionally, 3D printing offers production flexibility to the designer for creating structures at reduced cost. This has further contributed in the market growth of 3D printing materials. With advancement in the technology of 3D printing materials, the market has portrayed noteworthy growth in the past few years, owing to the capability of 3D printing materials to evolve more complex and lighter structures with accuracy.
Lately, with expanding verticals of the 3D printing materials, aircraft industry has become early adopters of the 3D printing, owing to growing demand for several aircraft parts including wings, jigs and engine parts. This in turn fuels the market growth of 3D printing materials market. Apart from aircraft industry, several other industries including automotive, defence, and healthcare are preferring 3D printing materials over the traditional method of production, owing to excellent mechanical properties and high dimensional properties during production of parts at optimized cost.
Additionally, growing demand of objects with properties like low weight, high flexibility and high surface quality has supported the market growth of the 3D printing materials. Several industries are shifting towards 3D printing materials for production of parts, to improve the strength and resistance of the product. This in turn contributes in generating more demand for the 3D printing materials.
Foremost objective of the report by Fact.MR on the 3D printing materials market is to pitch insights on the purchase growth scenario, demand generators, and development strategies in this space. The report provides a taxonomy elaborating on key segments. The report also outlines visionary insights on the market dynamics, including drivers, restraints, opportunities, trends, and pricing analysis, along with key success factors. Demand trends have been tracked in 20+ high-growth countries, pointing towards countries in North America holding bulk of the share.
Historical Trends Vs Future Market Projections
Historically from 2016 to 2020, demand of 3D printing materials increased at over 21% CAGR, and the key factors assisting this growth include its advantageous production process. Moreover, the 3D printing materials use several technologies, for instance, fused filament fabrication, selective laser sintering and others, to cater end-use industries requirements. However, among all the end-use industries automotive industry is encouraging the usage of 3D printing materials for production of defense and commercial aircraft’s part.
The market is forecasted to expand at the CAGR of nearly 26% over the coming 10 years. Prime factors influencing growth are manufacturers’ inclination towards robust and temperature resistance parts production.
Which Region Offers Larger Opportunity for the 3D Printing Materials?
Major market has been observed to be concentrated in North America. North America accounts for around 23% of the global sales value of the 3D printing materials. The region is expected to offer over US$ 3 Bn absolute dollar opportunity during the forecast period. Besides, there has been an emergence of different 3D printing material platforms to address the on-going demand from several industries, to produce parts with robustness and accuracy.
To address this, several manufacturers including, 3D Systems Corporation, The Exone Company and others are using filament form of 3D printing materials for different applications including parts for healthcare and construction industries. Besides, several companies are also introducing powder form of 3D printing materials for production of consumer goods.
How Has COVID-19 Impacted the Sales of 3D Printing Materials Market?
Covid-19 has hampered the market growth of the 3D printing materials market, owing to shut down in operations of several industries including automotive, construction and others. Industries stopped production of parts and structures due to decline in the usage and reduced sales figures. Automotive industry has been immensely impacted by Covid-19, which in turn has forced them to reduce production capacity to save cost. However, healthcare industry boosted the sales of 3D printing materials, owing to production of medical components. However, on the other hand, there has been a rise in the number of medical components production, globally amid Covid-19, which fuelled the demand of 3D printing materials market.
In 2020, 3D printing materials market witnessed a loss of around 14%, however, 2021 is estimated to showcase a moderate recovery.
Fact.MR has profiled the following key 3D printing materials manufacturers in its report:
- 3D Systems Corporation
- Arkema S.A.
- Royal DSM N.V.
- The Exone Company
- Stratasys Ltd.
- General Electric
- Materialize NV
- Sandvik AB
- Hoganas AB
- Evonik Industries AG
- Voxeljet AG
- Markforged Inc.
- SLM Solutions Group AG
- Impossible Objects, Inc.
- LPW Technology Ltd.
- Envisiontec, Inc.
- BASF New Business GmbH
- Eco Industrial Co. Ltd.
- Forefront Filament
- Keene Village Plastics
- Airwolf 3D
- Lithoz GmbH
Some of the key development of companies are:
- In 2021, 3D Systems Corporation engaged into a long term partnership with Sauber Motorsports AS for building a high production in-house factory to support the wind tunnel operations that was enabled by 3D System solutions. The company provided 3D printing material for high quality parts of Sauber for aerodynamic model iterations.
- In November 2018, Royal DSM N.V. introduced Arnitel ID2060 HT and Somos PerFORM Reflect, the high-performing materials for additive manufacturing.
Similarly, recent developments related to companies manufacturing 3D printing materials have been tracked by the team at Fact.MR, which is available in the full report.
Historical Data Available for
US$ Mn for Value
Key Regions Covered
Key Countries Covered
Key Segments Covered
Key Companies Profiled
Key Questions Answered in Report
What is the expected growth rate for 3D printing materials by 2031?
By value, globally Fact.MR has projected a CAGR of around 26% for 3D printing materials sales during 2021-2031.
Which region is expected to experience the highest growth?
As per Fact. MR’s projections, the market in South Asia and East Asia would experience the highest growth rate.
Which players are prevalent in the 3D printing materials Market?
Prominent players manufacturing 3D printing materials include 3D Systems Corporation, Arkema S.A., Royal DSM N.V., The Exone Company, Stratasys Ltd., General Electric, Materialize NV, Sandvik AB, Hoganas AB, Evonik Industries AG, Voxeljet AG, Markforged Inc., SLM Solutions Group AG, Impossible Objects, Inc., LPW Technology Ltd., Envisiontec, Inc., Carbon, BASF New Business GmbH, Eco Industrial Co. Ltd., Forefront Filament, Keene Village Plastics, Clariant, Airwolf 3D, and Lithoz GmbH.
Enquiry Before Buying
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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Key Market Segments Covered
- 3D Printing Powder
- 3D Printing Filament
- 3D Printing Liquid
- Fused Filament Fabrication
- Selective Laser Sintering
- Direct Metal Laser Sintering
- Plastic 3D Printing Materials
- Metal 3D Printing Materials
- Ceramic 3D Printing Materials
- 3D Printing Materials for Prototyping
- 3D Printing Materials for Manufacturing
- 3D Printing Materials for R&D
- 3D Printing Materials for Automotive
- 3D Printing Materials for Aerospace & defence
- 3D Printing Materials for Healthcare
- 3D Printing Materials for Consumer Goods
- 3D Printing Materials for Construction
- North America
- Latin America
- South Asia
- East Asia
3D Printing Materials Market- Scope of Report
A recent study by Fact.MR on the 3D printing materials market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of 3D printing materials.
The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, cost structure analysis, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the 3D printing materials market, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of 3D printing materials across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of 3D printing materials during the forecast period.
Fact.MR has studied the 3D printing materials market with detailed segmentation on the basis of technology, form, type, application, vertical and key regions.
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”
Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of volume (Tons) and value (US$ Mn). Market estimates at global and regional levels for 3D printing materials are available in terms of “US$ Mn”. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a solution provider can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global 3D printing materials market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include Porter’s five forces analysis and PESTLE analysis (political, economic, social, technology, legal and environment outlook), which are expected to have a momentous influence on the growth of the 3D printing materials market during the forecast period.
Country-specific valuation on demand for 3D printing materials has been offered for each regional market, along with market scope estimates and forecasts, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value for emerging countries has also been included in the report.
In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of 3D printing materials, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the manufacturing of 3D printing materials has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the 3D printing materials market. Prominent companies operating in this market include 3D Systems Corporation, Arkema S.A., Royal DSM N.V., The Exone Company, Stratasys Ltd., General Electric, Materialize NV, Sandvik AB, Hoganas AB, Evonik Industries AG, Voxeljet AG, Markforged Inc., SLM Solutions Group AG, Impossible Objects, Inc., LPW Technology Ltd., Envisiontec, Inc., Carbon, BASF New Business GmbH, Eco Industrial Co. Ltd., Forefront Filament, Keene Village Plastics, Clariant, Airwolf 3D, Lithoz GmbH and others.
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