With the rising advancement in 3D printing technology, the adoption of 3D printers is expected to increase substantially across different sectors. Additionally, high precision, speed and convenient manufacturing offered by 3D printing have already led to strong penetration of 3D printers across electronics, automotive and other industrial applications. This has led to strong demand for high-performance 3D printing materials that offer higher flexibility, durability and stability. With various untapped applications of 3D printing coming up, market players are increasingly focusing on developing high performance, application-specific materials. Currently, plastics, metals and ceramics are most popular used for making objects using 3D printing technology.
The most significant factor fueling the market growth is the rapidly growing penetration of 3D printing technology across different applications. 3D printing has found crucial application across segments such as healthcare and aerospace. These applications require high precision products along with high-performance materials. As a result, companies operating in the market are now increasing their focus towards the development of their own materials, so as to provide an entire product suite.
Considering the strong potential of 3D printing, various global tech giants are heavily investing upon the technology through the acquisition of other players in the market. Subsequently, the 3D printing materials market is estimated to register exponential growth worldwide in the coming years. Nevertheless, major factor hindering the market growth is the high initial cost especially in the case of the individual user. The software tools required for operating 3D printing too are costly making the overall manufacturing process inflated. In addition, 3D printing requires skilled labor which becomes a challenge for industry growth. This may ultimately hamper the market growth for materials.
The report titled “Global 3D Printing Materials Market - Growth, Share, Opportunities and Competitive Analysis, 2023 – 2030” offers strategic insights into the global 3D printing materials industry along with the market size (in revenue and volume) and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of multiple market segments based on materials, applications and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2021 & 2030. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.
In order to help strategic decision-makers, the report also includes competitive profiling of the leading 3D printer material vendors, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are 3D Systems, Inc., Stratasys Ltd., Materialise NV, Shapeways B.V., Arcam AB, Solidscape, Inc., Optomec, Inc. and others. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global 3D printing materials market, offering market size and estimates for the period from 2023 to 2030, keeping in mind the above-mentioned factors.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of 3D Printing Materials market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Material
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Application
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End-user
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report