BCC Research Blog | Industry Analysis and Business Consulting

Advanced Materials for 3D Printing: Everything You Need to Know

Written by Divya Dhamija | Oct 10, 2024 1:00:00 PM

Three-dimensional (3D) printing, also known as additive manufacturing, has transformed the way products are designed, manufactured, and used. At the heart of this revolution are advanced materials that enable the creation of complex structures, precise components, and innovative products. In this blog, we'll delve into the world of advanced materials for 3D printing, exploring the latest technologies, global markets, and the impact on various industries.

Types of Advanced Materials

Plastics and Polymers: These are the most used materials in 3D printing. They are lightweight, versatile, and relatively inexpensive. Examples include PLA (polylactic acid) and ABS (acrylonitrile butadiene styrene).

Metals: Metal 3D printing is gaining popularity for its strength and durability. Common metals used include titanium, stainless steel, and aluminium. These materials are crucial for industries like aerospace and automotive.

Others: This category includes ceramics, composites, and biomaterials. These materials are used for specialized applications, such as medical implants and high-performance components.

Global Market Trends

Advanced Materials for 3D Printing: Technologies and Global Markets are growing rapidly. The demand for advanced materials for 3D printing was $3.3 billion in 2023 to reach $8.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% from 2024 through 2029.

Technologies in 3D Printing

Vat Polymerization: This technology uses a vat of liquid resin that is cured layer by layer using a light source. It is known for producing high-resolution parts.

Powder Bed Fusion: This method involves spreading a layer of powder and then fusing it using a laser or electron beam. It is widely used for metal 3D printing.

Material Extrusion: This is the most common 3D printing technology, where material is extruded through a nozzle to build objects layer by layer. Fused Deposition Modeling (FDM) is a popular example.