3D Printing Material Market Updates

Global 3D Printing Material Market size was valued at USD 2.7 billion in 2023 and is poised to grow from USD 3.39 billion in 2024 to USD 21.0 billion by 2032, growing at a CAGR of 25.6% during the forecast period (2025-2032).

The competitive environment of the global 3D Printing Material market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. '3D Systems, Inc. (US) ', 'Arkema (France) ', 'General Electric (US) ', 'Materialise NV (Belgium) ', 'Sandvik AB (Sweden) ', 'Hoganas AB (Sweden) ', 'Evonik Industries AG (Germany) ', 'BASF SE (Germany) ', 'Henkel AG & Co. KGaA (Germany) ', 'Formlabs, Inc. (US) ', 'Solvay (Belgium) ', '3DCeram (France) ', 'Shenzhen Esun Industrial Co., Ltd. (China) ', 'Impossible Objects (US) ', 'Keene Village Plastics (US) ', 'Oxford Performance Materials (US) ', 'CRP Technology S.R.L. (Italy)'

3D printing is increasingly used in the automotive industry to create scale models for testing purposes. They are also used for components, such as bellows, front bumpers, air conditioning ducting, suspension wishbones, dashboard interfaces, alternator mounting brackets, battery covers, etc. Automotive OEM manufacturers use 3D printing for rapid prototyping.

Education is one of the fastest growing sectors in the 3D printing material market during the forecast period. Although the use of 3D printing in education is still in its infancy, many institutions have begun to set up 3D printing facilities. 3D printing technology is also transforming the traditional classroom. Engineering students can print samples of their designs; Biology students can research a cross-section of an organ, and graphic design students can 3D print their artwork. 3D printing is very useful in creating interactive maps to teach geography to students. Moreover, governments in various countries are investing heavily in 3D printing technology.

North America is expected to grow rapidly and be a lucrative market during the forecast period. The region accounts for approximately 23% of the global 3D printing materials sales value. Positive trends in the medical, aerospace and aerospace industries will drive the market growth in North America 3D printing adoption in many industries and enhanced material options will have growth potential. Measures taken by the US government to increase 3D printing, as well as funding for research and development, will increase the adoption of 3D printing, thereby increasing the market value of 3D printing materials and equipment in the region.