According to the US Food and Drug Administration – the process of producing three-dimensional objects by layering raw materials is known as 3D Printing. Each new layer is added to the one before it until the object is complete. Objects are created using a digital 3D file, such as a CAD drawing or a Magnetic Resonance Image (MRI).
The technology of printing a three-dimensional (3D) object from a digital file using materials such as plastic, metal, and ceramic is called 3D printing. The materials used are called 3D printing materials. Plastics, metals (including powders), resins, and ceramics are materials used in 3D printing. 3D printing materials are available in various shapes and sizes. Designers and engineers prefer to create functional prototypes using 3D printing materials with the same or similar material properties as the final product.
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The global 3D printing materials market is projected to grow from USD 2.5 billion in 2022 to USD 7.9 billion by 2027, at a CAGR of 25.6% during the forecast period. The market's growth is attributed to the growing adoption of 3D printing technology in the healthcare, aerospace & defense, automotive, and consumer goods industries.
General Electric is one of the leading players in the 3D printing materials market worldwide. The company offers its 3D printing materials through the GE Additive business division. General Electric provides additive manufacturing solutions under its Aviation segment. It offers various 3D printing metals to the aerospace, medical, dental, and automotive end-use industries. GE Additive acquired multiple companies working in the 3D printing ecosystem, such as Concept Laser, Arcam AB, and AP&C, to expand its presence in the additive manufacturing domain. The operations of General Electric are spread across Europe, North America, Latin America, and Asia Pacific. General Electric has a large sales force and third-party distributors, which helps the company operate its business across the globe.
EOS GmbH, founded in 1989, is the world's leading technology supplier in the industrial 3D printing of metals and polymers. The company is a pioneer and innovator in additive manufacturing. When understanding the interaction between laser and powder materials, EOS is unrivaled in its field and offers all key elements from a single source. Systems, materials, and process parameters are intelligently designed to work together to ensure the highest possible component quality. EOS GmbH designs and manufactures integrated e-manufacturing solutions for additive manufacturing. The company offers a wide range of plastic and metal materials for additive manufacturing. It offers its services to various end-use industries, including aerospace, lifestyle, medical, industrial, and automotive. Its direct metal laser sintering (DMLS) technology is widely used by the leading manufacturers in the aerospace & defense industry. The company has a wide presence across various regions including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.
Materialise NV is a leading provider of 3D printing materials and solutions. It provides prototyping, medical, and dental 3D printing solutions. Materialise NV also offers 3D printing software and 20 different materials through its Belgium-based subsidiary. It enables users to design their products online. Materialise NV provides products and services for the engineering, medical, and consumer industries. The company is working in close partnership with the major suppliers of 3D printing materials and printers to provide new solutions in the 3D printing space through its segments such as software, medical, and manufacturing. With the expansion of the AM Metal market, Materialise NV acquired ACTech in Germany to extend the company's metal capabilities, with a specific emphasis on the low-volume production of highly complex metal parts. The acquisition also enabled Materialise to develop and improve its software suite for metal 3D printing.
3D Printing Materials Market by Form (Powder, Liquid, Filament), Type (Plastic, Metal, Ceramic), Technology, Application, End-Use Industry (Automotive, Aerospace & Defence, Healthcare, Consumer Goods, Construction), and Region - Global Forecast to 2027
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