The global 3D printing plastics market size reached US$ 1.24 billion in 2023. Looking forward, the publisher expects the market to reach US$ 6.73 billion by 2032, exhibiting a growth rate (CAGR) of 20.68% during 2023-2032. The increasing sustainable and eco-friendly production, the rising tooling and mold manufacturing applications, the growing potential for on-demand production, the improved design iteration and optimization, and the expansion of additive manufacturing services are some of the factors propelling the market.
Three-dimensional (3D) printing plastics involve an additive manufacturing process that utilizes various materials, including acrylonitrile butadiene styrene (ABS) filaments, thermoplastics, photopolymers, and Polyamide, for product fabrication. These materials typically consist of semi-synthetic and synthetic compounds derived from natural sources and petrochemicals. The resulting 3D-printed plastics exhibit qualities such as lightweightness, flexibility, easy sterilization, biocompatibility, and improved chemical, thermal, and mechanical attributes.
Beyond these characteristics, the procedure facilitates swift and efficient design iterations or alterations, enabling streamlined mass customization of items and allowing for assembly consolidation. Capitalizing on these attributes, 3D printing plastics find applications across various sectors to prototype, modify, and manufacture tools, components, and accessories of varying shapes, sizes, and strengths. Currently, these plastics are available in filaments, powders, liquids, and inks, offering flexibility across different manufacturing techniques.
The global market is majorly driven by the rapid advancements in 3D printing technology. In line with this, the increasing applications in various industries and material innovations are significantly contributing to the market. Furthermore, the rising customization and personalization demand and the shortened product development cycles are positively influencing the market. Apart from this, the reduced material wastage and the growing use of rapid prototyping are catalyzing the market.
Moreover, the expanding adoption in the aerospace and automotive sectors and the escalating medical and healthcare industry utilization are propelling the market. Besides, the complex geometries manufacturing capability and the cost-effective small-scale production are strengthening the market. Additionally, the accessibility of 3D printing equipment and the increasing consumer goods and electronics manufacturing is providing a boost to the market.
This heightened understanding has a cascading effect, spurring investments in research, development, and equipment and encouraging collaborations between industries to harness the potential of this innovative manufacturing approach. As awareness spreads, the 3D printing plastics market is propelled towards expansion, stimulating innovation and establishing a solid foundation for sustained growth.
Moreover, the lightweight nature of plastics in 3D printing aligns with the automotive industry's push for lightweight materials to enhance fuel efficiency and reduce emissions. Beyond prototyping, 3D printing plastics are increasingly used to manufacture end-use components, such as interior panels, brackets, and engine parts. This allows for on-demand production and customization, streamlining supply chains and reducing the need for extensive warehousing.
The rising integration of 3D printing plastics in the automotive sector boosts operational efficiency and fuels innovation, enabling manufacturers to push the boundaries of design and functionality. As this trend continues, it's poised to reshape traditional automotive manufacturing, emphasizing agility, sustainability, and cutting-edge design concepts.
Sensors can monitor the performance of 3D printers and intervene before issues arise, ensuring consistent and uninterrupted production. Digital manufacturing benefits from 3D printing plastics' ability to create intricate designs that were once challenging to manufacture conventionally. This synergy allows for the production of complex, customized parts with precision.
Photopolymers stand out for their ability to rapidly solidify under light exposure, making them well-suited for intricate designs and fine details. Their applications span industries such as dentistry, jewelry, and consumer goods. The growth of photopolymer utilization is driven by increasing demand for highly detailed, visually appealing prototypes and end-use products.
Furthermore, ABS and ASA offer durability, strength, and thermal resistance, making them ideal for functional prototypes and parts. These materials find extensive use in industries like automotive, aerospace, and electronics. The growth in demand for sturdy, reliable components drives the expansion of ABS and ASA in the 3D printing plastics market.
Moreover, Polyamide or nylon materials excel in providing mechanical strength, flexibility, and chemical resistance. They find applications in industrial and consumer sectors, including manufacturing jigs, fixtures, and wear-resistant components. The growth in utilization of polyamide/nylon is attributed to these materials' versatility and wide-ranging applications.
The strategic emphasis on these distinct 3D printing plastics reflects their increasing adoption across diverse industries. This targeted approach addresses market needs and encourages innovation, research, and material development. As each type of 3D printing plastic finds its niche and contributes to different sectors, the overall market gains momentum, supported by an ecosystem of specialized materials that cater to evolving industry demands.
Filament-based 3D printing is popular due to its accessibility and compatibility with various 3D printers. This form is widely used for prototyping, DIY projects, and small-scale production. The growth in filament adoption is driven by its user-friendly nature and versatility.
Furthermore, liquid or ink-based 3D printing, or stereolithography (SLA), utilizes photosensitive polymers that solidify when exposed to light. This form is prized for its ability to produce highly detailed, intricate designs with smooth surfaces. The growth in liquid/ink 3D printing is fueled by applications in jewelry, dental, and art-related sectors that demand precision and aesthetics.
Moreover, powder-based 3D printing, including selective laser sintering (SLS), involves fusing layers of powdered material using a laser. This form is well-suited for producing complex geometries and functional parts with various materials, including metals. The growth in powder-based 3D printing is driven by its ability to create strong, durable parts and its applications in industries like aerospace and medicine.
The segmentation by form caters to different user preferences and industrial requirements, expanding the potential applications of 3D printing plastics. As each form addresses specific needs and opens up unique opportunities, the market gains momentum from a diverse ecosystem of 3D printing technologies that collectively contribute to the growth and advancement of the industry.
These plastics have long been utilized for rapid prototyping, enabling engineers and designers to create physical models of products for testing and validation quickly. This application accelerates design iterations and reduces development time, making it a cornerstone of the product development cycle across electronics, medical devices, and fashion industries.
On the other hand, the use of 3D printing plastics in manufacturing processes is gaining traction due to its ability to produce end-use components directly. Industries such as aerospace, automotive, and consumer goods increasingly integrate 3D printing plastics into their production lines to create functional parts with complex geometries and reduced material wastage. This application enables agile production, customization, and even on-demand manufacturing.
Furthermore, 3D printing plastics are revolutionizing medical device manufacturing and patient-specific solutions in the healthcare sector. From creating anatomical models for surgical planning to developing custom implants and prosthetics, the technology enhances precision, patient outcomes, and the overall quality of healthcare. Additionally, dental applications, such as creating dental crowns and bridges, are rapidly advancing through 3D printing plastics, offering faster and more accurate solutions.
In the North American region, encompassing countries like the United States and Canada, the 3D printing plastics market thrives due to a combination of factors. The robust technological ecosystem, including research institutions and innovative companies, drives materials and printing techniques advancements. North America's diverse industrial landscape, ranging from aerospace and automotive to healthcare and consumer goods, ensures a wide range of applications for 3D printing plastics.
Moreover, major 3D printing companies and industry pioneers in North America contribute to the market's growth. These companies spearhead technological developments, shape industry standards, and collaborate with other industries to explore new applications. Government support, investment in research and development, and a strong emphasis on innovation further fuel the adoption of 3D printing plastics in North America. Additionally, the region's well-established supply chain and logistics infrastructure provide a solid foundation for distributing and adopting 3D printing materials and technologies.
Strategic partnerships with major manufacturers, collaborations with research institutions, and involvement in industry consortia collectively contribute to creating a robust ecosystem for 3D printing plastics. Their influence extends beyond technology, as they play a vital role in educating the market about this technology's benefits and potential applications. Moreover, these companies are nurturing an environment where innovation and customization thrive by offering a range of 3D printing systems, materials, and services. Ultimately, their commitment to pushing the boundaries of 3D printing plastics paves the way for sustained market growth and transformative advancements across industries.
The report has provided a comprehensive analysis of the competitive landscape in the 3D printing plastics market. Detailed profiles of all major companies have also been provided.
2. What is the expected growth rate of the global 3D printing plastics market during 2024-2032?
5. What is the breakup of the global 3D printing plastics market based on the type?
6. What is the breakup of the global 3D printing plastics market based on the form?
7. What is the breakup of the global 3D printing plastics market based on the application?
8. What are the key regions in the global 3D printing plastics market?
9. Who are the key players/companies in the global 3D printing plastics market?
Three-dimensional (3D) printing plastics involve an additive manufacturing process that utilizes various materials, including acrylonitrile butadiene styrene (ABS) filaments, thermoplastics, photopolymers, and Polyamide, for product fabrication. These materials typically consist of semi-synthetic and synthetic compounds derived from natural sources and petrochemicals. The resulting 3D-printed plastics exhibit qualities such as lightweightness, flexibility, easy sterilization, biocompatibility, and improved chemical, thermal, and mechanical attributes.
Beyond these characteristics, the procedure facilitates swift and efficient design iterations or alterations, enabling streamlined mass customization of items and allowing for assembly consolidation. Capitalizing on these attributes, 3D printing plastics find applications across various sectors to prototype, modify, and manufacture tools, components, and accessories of varying shapes, sizes, and strengths. Currently, these plastics are available in filaments, powders, liquids, and inks, offering flexibility across different manufacturing techniques.
The global market is majorly driven by the rapid advancements in 3D printing technology. In line with this, the increasing applications in various industries and material innovations are significantly contributing to the market. Furthermore, the rising customization and personalization demand and the shortened product development cycles are positively influencing the market. Apart from this, the reduced material wastage and the growing use of rapid prototyping are catalyzing the market.
Moreover, the expanding adoption in the aerospace and automotive sectors and the escalating medical and healthcare industry utilization are propelling the market. Besides, the complex geometries manufacturing capability and the cost-effective small-scale production are strengthening the market. Additionally, the accessibility of 3D printing equipment and the increasing consumer goods and electronics manufacturing is providing a boost to the market.
3D Printing Plastics Market Trends/Drivers:
Increasing awareness regarding the benefits of 3D printing plastics
The increasing awareness of the benefits of 3D printing plastics creates a positive outlook for the market. As industries and consumers become more informed about the capabilities of this technology, their interest in adopting 3D printing plastics for diverse applications intensifies. The awareness of attributes like design flexibility, customization, rapid prototyping, and reduced material waste propels more businesses and individuals to explore and integrate 3D printing plastics into their processes.This heightened understanding has a cascading effect, spurring investments in research, development, and equipment and encouraging collaborations between industries to harness the potential of this innovative manufacturing approach. As awareness spreads, the 3D printing plastics market is propelled towards expansion, stimulating innovation and establishing a solid foundation for sustained growth.
Rising uptake of 3D printing plastics in the automotive sector
The increasing adoption of 3D printing plastics within the automotive sector signifies a significant trend shaping the industry's landscape. Automotive manufacturers are turning to 3D printing plastics to revolutionize various operations, from prototyping to final part production. This uptake is driven by the technology's ability to swiftly create complex geometries, reduce material wastage, and expedite the product development cycle. These plastics enable automotive engineers to prototype and test components more efficiently, leading to faster design iterations and improved overall vehicle performance.Moreover, the lightweight nature of plastics in 3D printing aligns with the automotive industry's push for lightweight materials to enhance fuel efficiency and reduce emissions. Beyond prototyping, 3D printing plastics are increasingly used to manufacture end-use components, such as interior panels, brackets, and engine parts. This allows for on-demand production and customization, streamlining supply chains and reducing the need for extensive warehousing.
The rising integration of 3D printing plastics in the automotive sector boosts operational efficiency and fuels innovation, enabling manufacturers to push the boundaries of design and functionality. As this trend continues, it's poised to reshape traditional automotive manufacturing, emphasizing agility, sustainability, and cutting-edge design concepts.
Integration with Industry 4.0 and digital manufacturing
Integrating 3D printing plastics with Industry 4.0 and digital manufacturing catalyzes a paradigm shift in production methodologies. Blending these technologies makes manufacturing processes more connected, automated, and efficient. Industry 4.0 principles advocate for smart, data-driven systems that enable real-time monitoring and control. By incorporating 3D printing plastics into this framework, companies can produce components on-demand, reducing inventory costs and minimizing lead times. The digitization of designs enables quick adjustments and iterations, fostering agility in responding to market demands. Furthermore, combining 3D printing plastics and Industry 4.0 promotes predictive maintenance.Sensors can monitor the performance of 3D printers and intervene before issues arise, ensuring consistent and uninterrupted production. Digital manufacturing benefits from 3D printing plastics' ability to create intricate designs that were once challenging to manufacture conventionally. This synergy allows for the production of complex, customized parts with precision.
3D Printing Plastics Industry Segmentation:
The publisher provides an analysis of the key trends in each segment of the global 3D printing plastics market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type, form, application and end user.Breakup by Type:
- Photopolymers
- ABS and ASA
- Polyamide/Nylon
- Polylactic Acid (PLA)
- Others
Photopolymers dominates the market
Photopolymers stand out for their ability to rapidly solidify under light exposure, making them well-suited for intricate designs and fine details. Their applications span industries such as dentistry, jewelry, and consumer goods. The growth of photopolymer utilization is driven by increasing demand for highly detailed, visually appealing prototypes and end-use products.
Furthermore, ABS and ASA offer durability, strength, and thermal resistance, making them ideal for functional prototypes and parts. These materials find extensive use in industries like automotive, aerospace, and electronics. The growth in demand for sturdy, reliable components drives the expansion of ABS and ASA in the 3D printing plastics market.
Moreover, Polyamide or nylon materials excel in providing mechanical strength, flexibility, and chemical resistance. They find applications in industrial and consumer sectors, including manufacturing jigs, fixtures, and wear-resistant components. The growth in utilization of polyamide/nylon is attributed to these materials' versatility and wide-ranging applications.
The strategic emphasis on these distinct 3D printing plastics reflects their increasing adoption across diverse industries. This targeted approach addresses market needs and encourages innovation, research, and material development. As each type of 3D printing plastic finds its niche and contributes to different sectors, the overall market gains momentum, supported by an ecosystem of specialized materials that cater to evolving industry demands.
Breakup by Form:
- Filament
- Liquid/Ink
- Powder
Filament dominates the market
Filament-based 3D printing is popular due to its accessibility and compatibility with various 3D printers. This form is widely used for prototyping, DIY projects, and small-scale production. The growth in filament adoption is driven by its user-friendly nature and versatility.
Furthermore, liquid or ink-based 3D printing, or stereolithography (SLA), utilizes photosensitive polymers that solidify when exposed to light. This form is prized for its ability to produce highly detailed, intricate designs with smooth surfaces. The growth in liquid/ink 3D printing is fueled by applications in jewelry, dental, and art-related sectors that demand precision and aesthetics.
Moreover, powder-based 3D printing, including selective laser sintering (SLS), involves fusing layers of powdered material using a laser. This form is well-suited for producing complex geometries and functional parts with various materials, including metals. The growth in powder-based 3D printing is driven by its ability to create strong, durable parts and its applications in industries like aerospace and medicine.
The segmentation by form caters to different user preferences and industrial requirements, expanding the potential applications of 3D printing plastics. As each form addresses specific needs and opens up unique opportunities, the market gains momentum from a diverse ecosystem of 3D printing technologies that collectively contribute to the growth and advancement of the industry.
Breakup by Application:
- Manufacturing
- Prototyping
Prototyping dominates the market
These plastics have long been utilized for rapid prototyping, enabling engineers and designers to create physical models of products for testing and validation quickly. This application accelerates design iterations and reduces development time, making it a cornerstone of the product development cycle across electronics, medical devices, and fashion industries.
On the other hand, the use of 3D printing plastics in manufacturing processes is gaining traction due to its ability to produce end-use components directly. Industries such as aerospace, automotive, and consumer goods increasingly integrate 3D printing plastics into their production lines to create functional parts with complex geometries and reduced material wastage. This application enables agile production, customization, and even on-demand manufacturing.
Breakup by End User:
- Automotive
- Healthcare
- Aerospace and Defense
- Consumer Goods
Furthermore, 3D printing plastics are revolutionizing medical device manufacturing and patient-specific solutions in the healthcare sector. From creating anatomical models for surgical planning to developing custom implants and prosthetics, the technology enhances precision, patient outcomes, and the overall quality of healthcare. Additionally, dental applications, such as creating dental crowns and bridges, are rapidly advancing through 3D printing plastics, offering faster and more accurate solutions.
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
North America exhibits a clear dominance, accounting for the largest market share
In the North American region, encompassing countries like the United States and Canada, the 3D printing plastics market thrives due to a combination of factors. The robust technological ecosystem, including research institutions and innovative companies, drives materials and printing techniques advancements. North America's diverse industrial landscape, ranging from aerospace and automotive to healthcare and consumer goods, ensures a wide range of applications for 3D printing plastics.
Moreover, major 3D printing companies and industry pioneers in North America contribute to the market's growth. These companies spearhead technological developments, shape industry standards, and collaborate with other industries to explore new applications. Government support, investment in research and development, and a strong emphasis on innovation further fuel the adoption of 3D printing plastics in North America. Additionally, the region's well-established supply chain and logistics infrastructure provide a solid foundation for distributing and adopting 3D printing materials and technologies.
Competitive Landscape:
Top companies are strengthening the market through their strategic innovations and industry leadership. These companies are at the forefront of driving technological advancements that expand the capabilities of 3D printing plastics. By consistently developing new materials with enhanced properties, these industry leaders are broadening the scope of applications, attracting diverse sectors such as aerospace, healthcare, and automotive. Their investments in research and development yield breakthroughs in print speed, accuracy, and material compatibility, thus catalyzing wider adoption.Strategic partnerships with major manufacturers, collaborations with research institutions, and involvement in industry consortia collectively contribute to creating a robust ecosystem for 3D printing plastics. Their influence extends beyond technology, as they play a vital role in educating the market about this technology's benefits and potential applications. Moreover, these companies are nurturing an environment where innovation and customization thrive by offering a range of 3D printing systems, materials, and services. Ultimately, their commitment to pushing the boundaries of 3D printing plastics paves the way for sustained market growth and transformative advancements across industries.
The report has provided a comprehensive analysis of the competitive landscape in the 3D printing plastics market. Detailed profiles of all major companies have also been provided.
- 3D Systems Inc.
- Arkema S.A.
- BASF SE
- CRP Technology srl
- EOS GmbH - Electro Optical Systems
- Evonik Industries AG
- Henkel AG & Co. KGaA
- Materialise NV
- Shenzhen Esun Industrial Co. Ltd.
- Solvay S.A.
- Stratasys Ltd.
- Toner Plastics
Recent Developments:
- Solvay S.A. partnered in 2021 with advanced manufacturing solution OEM 9T Labs to bring additively manufactured carbon fiber-reinforced plastic (CFRP) parts to mass production. The collaboration aims to address the challenges of high costs, scrap, and repeatability in using advanced composites. Solvay will focus on developing carbon fiber-reinforced polyetheretherketone (CF/PEEK), CF-reinforced bio-based high-performance polyamides, and CF-reinforced polyphenylene sulfide (CF/PPS) composite materials.
- In 2023, Automotive manufacturer Peugeot incorporated Stratasys' 3D printing technology into the interior of its new Inception concept car. The car features a velvet material with 3D printed patterns created using Stratasys' 3DFashion technology. This innovative technology allows for a high level of resolution that traditional methods cannot achieve.
- Evonik recently launched a new line of RESOMER Filaments for 3D printing personalized, high-resolution bioresorbable implants. These filaments, designed for Fused Filament Fabrication (FFF) 3D printing systems, offer tight dimensional and chemical specifications, allowing for reproducible implant properties and performance.
Key Questions Answered in This Report
1. How big is the global 3D printing plastics market?2. What is the expected growth rate of the global 3D printing plastics market during 2024-2032?
3. What are the key factors driving the global 3D printing plastics mark
4. What has been the impact of COVID-19 on the global 3D printing plastics market?5. What is the breakup of the global 3D printing plastics market based on the type?
6. What is the breakup of the global 3D printing plastics market based on the form?
7. What is the breakup of the global 3D printing plastics market based on the application?
8. What are the key regions in the global 3D printing plastics market?
9. Who are the key players/companies in the global 3D printing plastics market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global 3D Printing Plastics Market
6 Market Breakup by Type
7 Market Breakup by Form
8 Market Breakup by Application
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 3D Systems Inc.
- Arkema S.A.
- BASF SE
- CRP Technology srl
- EOS GmbH - Electro Optical Systems
- Evonik Industries AG
- Henkel AG & Co. KGaA
- Materialise NV
- Shenzhen Esun Industrial Co. Ltd.
- Solvay S.A.
- Stratasys Ltd.
- Toner Plastics
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 1241 Million |
| Forecasted Market Value ( USD | $ 6738 Million |
| Compound Annual Growth Rate | 20.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
