3D Printing Materials Market: By Form (Powder, Liquid, Filament), By Type (Plastic, Metal, Ceramic, Others), By Technology (FDM, SLS, SLA, DMLS, Others), By Application (Prototyping, Manufacturing, Others), By End-User Industry (Automotive, Aerospace & Defence, Healthcare, Consumer Goods, Construction), and Geography

3D Printing Materials Market size was valued at USD 2,617.3 million in 2023 and is poised to grow at a CAGR of 21.8% over 2024-2030. 3D printing materials, also known as filaments or resins are basic ingredients used in 3D printing techniques to build physical items layer by layer and are available in a variety of sorts, each with distinct features depending on the particular requirements of the 3D printing project. The adoption of 3D printing in many industries, including aerospace, automotive, healthcare, and consumer products, to utilize 3D printing specialized materials tailored for specific applications in that industry drives the market.

Furthermore, the increased awareness among manufacturers and consumers to reduce material waste often generated by traditional manufacturing processes has shifted the attention to 3D printing materials that adopt technology to manufacture objects layer by layer to minimize material wastage, making it an environmentally friendly option. Furthermore, the development of advanced materials that meet stringent industry requirements for performance and safety in the aerospace and automotive industries has created several opportunities for manufacturers to generate 3D printing materials that are lightweight and suitable for complex components. Currently, the integration of nanotechnology into 3D printing materials to improve material properties like strength, conductivity, and performance has become a trend in the market.

However, 3D printing's facile digital file-sharing poses issues with counterfeiting and intellectual property along with the difficult and time-consuming process of meeting the regulatory standards for some applications, such as medical and aerospace may hinder the market growth. However, the increased demand for customized products, reduction in manufacturing cost, development of new 3D printing materials, industrialization, and increase in disposable income are anticipated to heighten the market growth during the forecast years.

3D Printing Materials Market Key Developments:

• In May 2023, 3D Systems acquired Wematter, a Swedish SLS 3D printer manufacturer to broaden 3D Systems’ SLS portfolio.
• In March 2023, Fictiv the operating system for custom manufacturing, launched 10 new 3D printing materials to its online quoting platform, perfect for more advanced prototyping needs. The new materials are ideal for a wide variety of applications across automotive, industrial, consumer products, and medical industries, for concept models, functional assemblies, jigs and fixtures, and much more.
• In June 2020, Global nutritional science firm and material producer DSM acquired a portion of specialty chemical company Clariant’s additive manufacturing (AM) materials business. The partial takeover allows the company to better serve its customer's rapid product development needs, with 3D printing filaments and pellets that meet the requirements of specific applications.