What are the future prospects for 3D printing materials in emerging markets?

Global 3D Printing Material Market Projected to Reach $18.11 Billion by 2024, Driven by Cross-Industry Innovation

According to Maximize Market Research, the global 3D printing material market is anticipated to grow at a CAGR of 15% from 2019 to 2026, reaching a valuation of $18.11 billion by 2024, up from $5.31 billion in 2015. This growth is propelled by the adoption of additive manufacturing across various sectors, including automotive, aerospace, healthcare, and architecture.

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Competitive Landscape: Leading Innovators in 3D Printing Materials

Key players in the 3D printing material market include Stratasys, Desktop Metal, Materialise, Shapeways, and Sculpteo. These companies are at the forefront of developing advanced materials and technologies to meet the evolving demands of industries worldwide.​

Regional Insights: Growth, Opportunities, Trends, Consolidation, and Updates

United States: Growth and Consolidation

Growth in the U.S. 3D Printing Material Market

The United States is projected to experience a CAGR of 26.8% from 2024 to 2034, with the market value expected to reach $2.11 billion by 2034. This growth is driven by extensive applications in healthcare, automotive, and aerospace industries.

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Consolidation and Strategic Developments

In July 2024, Nano Dimension announced an agreement to acquire Desktop Metal for $135–183 million in an all-cash transaction, aiming to create a leader in additive manufacturing.

Asia Pacific: Opportunities and Trends

Opportunities in the Asia Pacific Region

Asia Pacific is expected to witness the highest CAGR of 24.1% during the forecast period, driven by increasing demand from countries like China and India.

Trends in Sustainable Manufacturing

In India, the government plans to foster 100 new startups in 3D printing by 2025, aiming to produce 500 new products using this technology. This initiative is expected to generate 100,000 new jobs and advance sustainable manufacturing practices.

Middle East and Africa: Trends and Updates

Trends in the Middle East and Africa

The Middle East and Africa region is experiencing growing interest in 3D printing materials, particularly in the construction and healthcare sectors. The adoption of additive manufacturing is expected to enhance efficiency and reduce costs in these industries.​

Updates on Market Developments

Companies in the region are exploring partnerships and investments to expand their 3D printing capabilities, aiming to meet the increasing demand for customized and sustainable solutions.​

Europe: Growth and Trends

Growth in the European Market

Europe remains a significant player in the 3D printing material market, with a strong focus on research and development. The region’s emphasis on sustainability and innovation is driving the adoption of eco-friendly materials and advanced manufacturing techniques.​

Trends in Eco-Friendly Manufacturing

In 2019, BASF acquired Sculpteo, aiming to market new industrial 3D printing materials more quickly. This acquisition underscores Europe’s commitment to integrating sustainable practices into manufacturing processes.

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Market Segmentation: In-Depth Analysis:

Global 3D Printing Material Market, by Technology

• Stereolithography
• Selective Laser Sintering
• Electron Beam Melting
• Fused Deposition Modeling
• Laminated Object Manufacturing
• Others

Global 3D Printing Material Market, by Industry

• Automotive
• Aerospace and Defence
• Tools and Components
• Architecture
• Home Printing
• Others

Global 3D Printing Material Market, by Input Materials

• Polymers
• Metals and alloys
• Ceramic
• Others

Global 3D Printing Material Market, by Applications

• Prototyping and Tooling
• R&D
• Innovation
• Manufacturing of Complex Parts

Global 3D Printing Material Market, by Form

• Powder
• Filament
• Liquid

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Market Key Players : In-Depth Analysis:

• Arcam Ab
• Autodesk
• Chizel Prints Manufacturing Pvt. Ltd
• Concept Laser
• Envisiontec Inc.
• Eos GmbH
• Exone
• Gearbest
• Hoganas Ab
• Materialise Nv
• Organovo Holdings Inc

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