Consainsights logo
Mail Us
Reports > Manufacturing And Construction > 3d Printing Plastics Market Report

3d Printing Plastics Market Size, Share, Industry Trends and Forecast to 2033

This report provides a comprehensive analysis of the 3D printing plastics market from 2023 to 2033, covering market size, trends, segmentation insights, industrial analysis, regional breakdowns, and forecasts for growth. It aims to offer valuable data and actionable insights for stakeholders and investors in this rapidly evolving industry.

Metric Value
Study Period 2023 - 2033
2023 Market Size $3.40 Billion
CAGR (2023-2033) 10.2%
2033 Market Size $9.31 Billion
Top Companies Stratasys Ltd., 3D Systems Corporation, Materialise NV, MakerBot, Ultimaker
Last Modified Date 15 Nov 2024

3d Printing Plastics Market Report (2023 - 2033)

3d Printing Plastics Market Overview

The 3D printing plastics industry is characterized by rapid technological advancements and a diverse range of applications. Key drivers for industry growth include the rising trend of digital manufacturing and the growing need for customization in production processes. Additionally, the industry's ability to streamline supply chains and reduce material waste positions it advantageously against traditional manufacturing methods. However, challenges such as the high costs of advanced printing technologies and evolving regulatory frameworks may impact market dynamics. Companies are actively investing in research to develop new materials that offer enhanced performance and sustainability to maintain competitive advantage in this fast-evolving landscape.

What is the Market Size & CAGR of 3d Printing Plastics market in 2023?

The 3D printing plastics market is poised for robust growth, with an estimated market size of approximately USD 5.16 billion in 2023. During the forecast period from 2023 to 2033, the market is anticipated to grow at a compound annual growth rate (CAGR) of around 10.7%. This growth can be attributed to the increasing demand for 3D printed components in key sectors such as aerospace and medical, where precision and customization are crucial. Moreover, ongoing innovations in 3D printing technology that enhance production efficiency and lower costs will contribute significantly to market expansion.

3d Printing Plastics Industry Analysis

The 3D printing plastics industry is characterized by rapid technological advancements and a diverse range of applications. Key drivers for industry growth include the rising trend of digital manufacturing and the growing need for customization in production processes. Additionally, the industry's ability to streamline supply chains and reduce material waste positions it advantageously against traditional manufacturing methods. However, challenges such as the high costs of advanced printing technologies and evolving regulatory frameworks may impact market dynamics. Companies are actively investing in research to develop new materials that offer enhanced performance and sustainability to maintain competitive advantage in this fast-evolving landscape.

3d Printing Plastics Market Segmentation and Scope

The 3D printing plastics market can be segmented based on material type, application, processing technology, end-user, and distribution channel. Key segments include thermoplastics (which dominate the market), thermosetting plastics, and composites. In terms of applications, aerospace, automotive, medical, consumer products, and education are prominent areas of demand. Each segment plays a crucial role in driving the overall market forward, with thermoplastics being the most widely used material, accounting for a significant share of market revenues due to their versatility and ease of processing.

Request a custom research report for industry.

3d Printing Plastics Market Analysis Report by Region

Europe 3d Printing Plastics Market Report:

Europe is expected to reach USD 2.56 billion by 2033, up from USD 0.94 billion in 2023, driven by increasing adoption of 3D printing in industries like aerospace and medical, bolstered by supportive regulations and investments in technology.

Asia Pacific 3d Printing Plastics Market Report:

The Asia Pacific region is expected to showcase substantial growth, with an estimated market size of USD 0.69 billion in 2023 and projected to reach USD 1.89 billion by 2033. The surge in applications in manufacturing sectors alongside government initiatives promoting digital manufacturing processes significantly enhances market prospects in this region.

North America 3d Printing Plastics Market Report:

North America remains the largest market, projected to grow from USD 1.24 billion in 2023 to USD 3.41 billion in 2033. The presence of numerous key players, a strong emphasis on R&D, and a robust manufacturing infrastructure contribute to this region's dominance.

South America 3d Printing Plastics Market Report:

In South America, the market for 3D printing plastics is nascent but growing, with a market size of USD 0.13 billion in 2023 projected to increase to USD 0.35 billion by 2033. The demand is driven mainly by the automotive and consumer products sectors, where there is a push towards modernization in manufacturing.

Middle East & Africa 3d Printing Plastics Market Report:

The Middle East and Africa are projected to see growth from USD 0.40 billion in 2023 to USD 1.09 billion by 2033, supported by advancements in technology and emerging applications in various sectors such as oil and gas, and construction.

Request a custom research report for industry.

3d Printing Plastics Market Analysis By Material Type

Global 3D Printing Plastics Market, By Material Type Market Analysis (2023 - 2033)

The 3D printing plastics market is prominently segmented by material type, with thermoplastics dominating the market at USD 2.28 billion in 2023 and anticipated to grow to USD 6.25 billion by 2033. Thermosetting plastics follow with a 2023 market size of USD 0.91 billion, projected to achieve USD 2.50 billion by 2033. Composites, though smaller, are growing steadily with increases from USD 0.20 billion in 2023 to USD 0.55 billion by 2033.

3d Printing Plastics Market Analysis By Application

Global 3D Printing Plastics Market, By Application Market Analysis (2023 - 2033)

In terms of application, the aerospace segment leads with market sizes of USD 1.49 billion in 2023 and USD 4.08 billion by 2033. Other significant segments include automotive at USD 0.73 billion in 2023 growing to USD 2.01 billion, and medical & dental with market sizes expanding from USD 0.36 billion to USD 0.99 billion over the same period.

3d Printing Plastics Market Analysis By Process

Global 3D Printing Plastics Market, By Process Market Analysis (2023 - 2033)

The market shows strong performance in Fused Deposition Modeling (FDM) with a market size of USD 2.28 billion in 2023, and expected growth to USD 6.25 billion by 2033. Stereolithography (SLA) is also notable, growing from USD 0.91 billion to USD 2.50 billion in the same timeframe.

3d Printing Plastics Market Analysis By End User

Global 3D Printing Plastics Market, By End-User Market Analysis (2023 - 2033)

Key end-users include manufacturers and research institutes which hold market shares of 67.2% and 26.91% respectively in 2023. Hobbyists are emerging as potential growth areas, expanding from USD 0.20 billion to USD 0.55 billion by 2033.

3d Printing Plastics Market Analysis By Distribution Channel

Global 3D Printing Plastics Market, By Distribution Channel Market Analysis (2023 - 2033)

The online distribution channel dominates the market with a significant share of 82.98% in 2023, whereas offline channels account for 17.02%. Market size for online channels is expected to grow from USD 2.82 billion to USD 7.72 billion by 2033.

3d Printing Plastics Market Trends and Future Forecast

The 3D printing plastics market is expected to witness transformative changes driven by factors such as the rise of customization in products and the ever-evolving technology landscape. We anticipate a shift towards more sustainable practices with innovations in biodegradable materials, further influencing market dynamics. Challenges such as high entry costs and increasing competition will need to be navigated as the market grows. By 2033, the market size is projected to reach over USD 18 billion, driven by advancements in material science and technology integration in manufacturing processes, shaping a new era of product development.

Request a custom research report for industry.

Global Market Leaders and Top Companies in 3d Printing Plastics Industry

Stratasys Ltd.:

Stratasys is a leader in polymer 3D printing technology and offers a wide range of 3D printers, materials, and services, contributing to diverse applications like aerospace and automotive manufacturing.

3D Systems Corporation:

3D Systems is one of the pioneers in 3D printing technology, providing innovative solutions in plastics and metals, catering to various industries from consumer products to advanced medical applications.

Materialise NV:

Materialise is a notable player known for its software solutions and services in the 3D printing space, facilitating a robust ecosystem for manufacturers and innovators.

MakerBot:

MakerBot specializes in desktop 3D printers, focusing on educational and entry-level markets, successfully expanding the user base of 3D printing technology.

Ultimaker:

Ultimaker is renowned for its reliable 3D printers and materials, promoting open-source solutions that cater to a diverse range of 3D printing needs, particularly in prototyping and small-scale manufacturing.

We're grateful to work with incredible clients.

Datasite
Agilent
Asten Johnson
Bio-Rad
Carl Zeiss
Dywidag
Illumina
LEK Consulting
Shell