The 3D Printing Plastics Market size was valued at USD 1.46 billion in 2024 and is estimated to reach close to USD 10.72 billion by 2032, expanding at a whopping CAGR of around 28.3% during the forecast period.
3D printing or additive making is known to be highly efficient when compared to several other conventional making methods. It enables production by reducing time, effort, and prices incurred in a project. Furthermore, it does not even need specialized tooling to create a prototype. Additive making also avoids many tooling-related constraints for geometries. Recent developments in the global 3D printing plastics market have opened new avenues for the automotive business. It has started the construction of innovative, stronger, lighter, and safer components and parts with lesser lead times as well as prices.
The mounting integration in industrial applications, mass customization related to 3D printing, and government research and development support are among the primary drivers of positive expansion for the worldwide 3D printing plastics business. The swift acceptance of additive material making in North America and Europe is owing to the high call for 3D printing materials. Also, the request is driven by the emergence of a robust aerospace business and the fast growth of the automotive market that utilizes and the rapid growth of the automotive industry that uses part-producing printing materials. Rising spending by doing business around the globe for research and development purposes has a positive effect on 3D printer sales, hence fuelling the call for 3D printing materials. In addition to that, the adoption of the latest technologies like Graphene Open-up new applications and creates more opportunities for the advancement of the market.
The disadvantage of 3D printing material is that the products made are very less durable than all those produced by conventional casting and molding techniques. Environmental concerns relating to the employment of plastics are one of the key restraints for the market.
The growth of the automotive business is poised to keep the demand for 3D printing plastics at its peak over the future years. Fast developments in different materials and technologies are assisting the market to gain traction. In addition to that, the ability to produce tools, prototypes, fixtures, and other finished products through the use of additive manufacturing will further boost the call for 3D printing plastics.
The products employed for 3D printing technology have an excellent barrier in the call for 3D printing materials.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2032 |
Base Year |
2023 |
Forecast Period |
2024 to 2032 |
CAGR |
28.3% |
Segments Covered |
By Type, Form, Application, End-user, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Market Leaders Profiled |
3D Systems Corporation (US), Stratasys, Ltd. (US), Arkema SA (France), BASF SE (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), HP Inc. (US), DowDuPont Inc. (US), Royal DSM N.V. (Netherlands), Electro-Optical Systems GmbH (Germany), Clariant International Ltd. (Switzerland), CRP Group (US), Envisiontec GmbH (Germany), Materialise NV (Belgium), and Oxford Performance Materials Inc. (US). |
North America accounts for the leading portion of the global 3D printing plastics market. The surge in need for metal goods segments in Aviation, defense, and automotive drives the market for the North American 3D printing materials market. Europe and the Asia Pacific are likely to overtake North America to see the quickest expansion speed for the demand for 3D printing materials. At present, the U.S., European Union nations, Asia Pacific, Japan, Brazil, China, and Africa are estimated to enhance making technology and decrease overall product prices expected to boost the demand for the global 3D printing plastics market.
The 3D printing plastics market in the Asia Pacific region is estimated to showcase the highest CAGR between 2020 and 2025. North America and Europe are expected to remain the critical markets for 3D printing plastics, due to the significant presence of the aerospace & defense and healthcare businesses that are the key end-users of 3D printing plastics. The expansion rate in the Asia Pacific is estimated to be very high during the foreseen period, while underdeveloped countries are expected to showcase higher penetration, fueling the 3D printing plastic materials market. China and South Korea are the prominent regions for supplying 3D printing plastic materials in the APAC region.
Some of the major players operating in the global 3D printing plastics industry are 3D Systems Corporation (US), Stratasys, Ltd. (US), Arkema SA (France), BASF SE (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), HP Inc. (US), DowDuPont Inc. (US), Royal DSM N.V. (Netherlands), Electro-Optical Systems GmbH (Germany), Clariant International Ltd. (Switzerland), CRP Group (US), Envisiontec GmbH (Germany), Materialise NV (Belgium), Oxford Performance Materials Inc. (US), and others.
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