3D Printing Materials and Services Market Size (2024 - 2029)

The 3D Printing Materials and Services Market is experiencing significant growth, driven by increasing demand across various sectors such as healthcare, automotive, and education. The technology's ability to produce complex parts with reduced costs and enhanced production feasibility is particularly beneficial in industries like aerospace, where titanium and its alloys are commonly used. However, the market faces challenges due to high material costs and supply chain disruptions, which were exacerbated by the pandemic. Despite these hurdles, the market's expansion is supported by the growing adoption of additive manufacturing in educational institutions and its applications in medical products.

Home Market Analysis Technology, Media and Telecom Research Technology Scouting Research Additive Manufacturing Research 3D Printing Research 3D Printing Plastics Market Market Size

Market Size of 3D Printing Materials and Services Industry

3D Printing Materials and Services Market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 23.00 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

3D Printing Materials and Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

3D Printing Materials and Services Market Analysis

The 3D Printing Materials and Services Market is expected to grow at a CAGR of 23% over the forecast period 2021 - 2026. Additive manufacturing, also known as 3D printing, is an automated process used to create rapid prototypes and functional end-use parts that has witnessed increasing demand from healthcare, automotive, and other industries globally.

  • One of the early adopters of 3D Printing Technology is the aircraft industry, where the technology is useful for producing complex parts by providing designers the advantage of creating the best parts with reduced cost and production feasibility. The industry mainly uses titanium metal and alloys as it offers good mechanical properties and high dimensional accuracy during production.
  • The growing demand from the educational sector is also driving the growth of the market. With labs being set up at many educational institutions for 3D printing, such as for engineering students to enable them to print prototypes, for biology students to allow them to study cross-sections of organs, and graphic design students to work on 3D versions of their work.
  • The push from the healthcare sector is also expected to impact the growth of the market positively. For instance, various medical products, such as surgical equipment, prosthetics & implants, and tissue engineering products, are manufactured through 3D printing technology and in other sector applications such as orthopedic, dental, and craniomaxillofacial, and more.
  • The high material cost is the major restraint the market is facing due to high material costs owing to its higher standards of purity and composition required.
  • The pandemic has negatively impacted the 3D Printing Materials market with the supply chain disruptions resulting in delays or non-delivery of raw materials, financial flows getting affected, and decrease of the workforce in the production line have resulted in industries such as aerospace & defense, automotive, construction, and others to operate at zero or partial capacities.

3D Printing Materials and Services Industry Segmentation

The scope of the market studied is characterized by Technology Types such as Stereo Lithography (SLA), Fused Deposition Modeling (FDM), Electron Beam Melting, Digital Light Processing, Selective Laser Sintering (SLS), and Other Technologies, by Material Types such as Metal, Plastic, Ceramics, and Other Material Types, by End-user Industry Types such as Automotive, Aerospace and Defense, Healthcare, Construction and Architecture, Energy, Food, and Other End-user Industries and by Geography. 

Need A Different Region Or Segment?
Customize Now

3D Printing Materials and Services Market Size Summary

The 3D Printing Materials and Services Market is experiencing significant growth, driven by its increasing adoption across various industries such as healthcare, automotive, and education. Additive manufacturing, commonly known as 3D printing, is valued for its ability to create rapid prototypes and functional end-use parts, offering advantages like cost reduction and production feasibility. The aerospace sector, in particular, benefits from the technology's capability to produce complex parts with high dimensional accuracy using materials like titanium alloys. The healthcare industry also contributes to market expansion through the production of medical devices and implants. However, the market faces challenges, including high material costs and supply chain disruptions, particularly highlighted during the pandemic, which affected sectors like aerospace, defense, and automotive.

In the automotive industry, 3D printing is utilized for rapid prototyping and manufacturing components, with major manufacturers adopting this technology for spare parts and metal prototypes. Despite a slowdown in global automotive production impacting demand, the sector continues to explore 3D printing for its efficiency benefits. China stands out as a rapidly growing market, particularly in 3D concrete printing, which is transforming traditional construction practices. The country's focus on innovative materials and technologies is driving demand, despite challenges like regulatory uncertainties. Key players in the market, including 3D Systems, Arkema, and Stratasys, are investing in research and development to innovate and differentiate their offerings, catering to diverse applications in consumer, industrial, and aerospace sectors.

Explore More

3D Printing Materials and Services Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Threat of New Entrants

      2. 1.2.2 Bargaining Power of Buyers

      3. 1.2.3 Bargaining Power of Suppliers

      4. 1.2.4 Threat of Substitutes

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Assessment of Impact of COVID-19 on the Industry

    5. 1.5 Market Drivers

      1. 1.5.1 Growing Usage in Manufacturing Applications

      2. 1.5.2 Mass Customization Associated with 3D Printing

      3. 1.5.3 Government Support for Research and Development

    6. 1.6 Market Restraints

      1. 1.6.1 High Capital Investment Requirement

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Plastics (including Polypropylene and other plastics)

      2. 2.1.2 Ceramics

      3. 2.1.3 Metals

      4. 2.1.4 Other Material Types

    2. 2.2 By End-user Industry

      1. 2.2.1 Automotive

      2. 2.2.2 Aerospace and Defense

      3. 2.2.3 Healthcare

      4. 2.2.4 Construction and Architecture

      5. 2.2.5 Other End-user Industries

    3. 2.3 By Geography

      1. 2.3.1 North America

      2. 2.3.2 Europe

      3. 2.3.3 Asia Pacific

      4. 2.3.4 Latin America

      5. 2.3.5 Middle East and Africa

3D Printing Materials and Services Market Size FAQs

The 3D Printing Materials and Services Market is projected to register a CAGR of 23% during the forecast period (2024-2029)

Ultimaker BV, Arkema, 3D Systems, Inc., Höganäs AB and Covestro AG are the major companies operating in the 3D Printing Materials and Services Market.

3D Printing Materials Market Report Snapshots

3D Printing Materials & Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)