Market Size of 3D Printing Materials Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.78 Billion |
| Market Size (2029) | USD 6.92 Billion |
| CAGR (2024 - 2029) | 20.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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3D Printing Materials Market Analysis
The 3D Printing Materials Market size is estimated at USD 2.78 billion in 2024, and is expected to reach USD 6.92 billion by 2029, growing at a CAGR of 20% during the forecast period (2024-2029).
With the outbreak of the COVID-19 pandemic, the 3D printing materials market suffered due to the disruption in the supply chain, resulting in delays in several projects. Moreover, disrupted financial flows and strict lockdowns in various countries, resulting in growing absenteeism among production line workers, affected the market adversely. However, the market rebounded in 2021 due to increased demand from the automotive industry.
- The major factors driving the market growth are the surge in demand for manufacturing applications, mass customization associated with 3D printing, and the surge in demand for automotive applications.
- On the flip side, high equipment and material costs and limited materials availability will likely hinder the market's growth.
- Introducing new materials, like graphene, opens up new applications, and adopting 3D printing technology in home printing is expected to create new opportunities for the 3D printing materials market.
