Material (Plastic, Metal, Ceramic)
Plastic segment is estimated to hold manufacturing 3d printer market share of more than 47% by 2037. The segment growth can be attributed to the rising demand for plastic across the globe. For instance, in 2023, polyethylene and polypropylene made up over 60% of the demand volume for plastics worldwide.
The most popular material for manufacturing 3D printers is plastic which includes thermoset resins for high-quality surface finishes, thermoplastic nylons for functional prototypes, and elastomers like TPU for flexible parts.
Technology (Fused Deposition Modeling, Stereolithography, Selective Laser Sintering, Direct Metal Laser Sintering, Electron Beam Melting)
Electron beam melting segment in the manufacturing 3d printer market is expected to reach USD 1 Billion by the end of 2037. The major factor for the expansion of the segment is the rising aerospace and defense industry. The size of the worldwide aerospace and defense market was estimated at around USD 324 billion in 2020.
As a result, the dependence on electron beam melting technology is likely to increase since the aerospace industry benefits from rapid prototyping.
The first industries to support 3D metal printing were those in the aerospace sector where electron beam melting or EBM is a 3D printing procedure in which a high-energy electron beam melts powdered metal that provides benefits for heat stress and productivity, which is utilized to print parts for the military, and aerospace.
Our in-depth analysis of the market includes the following segments:
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Author Credits: Abhishek Verma
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