AM Data Slice: 3D Printing Materials to Reach $3.9B in 2024


Share this Article

“AM Data Slice” from Additive Manufacturing Research (“AMR”) is a regular segment that offers readers an insightful dive into the additive manufacturing (AM) landscape, showcasing pivotal statistics and trends derived from AMR’s exhaustive research. With this week’s chart, AMR outlines the global revenue from 3D printing polymer and metal materials from 2021 through a forecast for 2024.

In 2021, the revenue for polymer materials was $1.6 billion, while metal powders generated $495.4 million. With a compound annual growth rate (CAGR) for polymers from 2021 to 2024 estimated to be about 18.59%, the forecast for 2024 anticipates polymer materials to reach $2.7 million. In contrast, metal powders are expected to grow at a CAGR of around 30.52% over the same period, achieving $1.1 million in revenue in 2024.

The fact that metals are growing at double the rate of polymers largely reflects the overall maturity of their respective markets and technologies. Now that processes like polymer powder bed fusion (PBF) and fused deposition modeling have proliferated, metal AM is in the process of rapid adoption. Driven by new levels of throughput, metal PBF in particular is helping to push this expansion. Growth of the market overall is also being driven by the interrelated trends of supply chain resilience and sustainable production. The ability to produce parts on-demand reduces dependency on traditional supply chains, which can be vulnerable to disruptions.

The increasing revenues suggest a maturing market with expanding production scales. As the market grows, economies of scale may lead to reduced costs for both printers and materials, making 3D printing more accessible to smaller businesses and even individual consumers. This democratization of manufacturing technology could spur innovation and entrepreneurship, further driving market growth.

Share this Article

Recent News

Europe’s New Rocket Set to Launch Polymer 3D Printing Technology into Space

Senators King and Collins Advocate 3D Printing Adoption for Department of Defense


3D Design

3D Printed Art

3D Printed Food

3D Printed Guns

You May Also Like

World’s Largest Polymer 3D Printer Unveiled by UMaine: Houses, Tools, Boats to Come

The University of Maine has once again broken its own record by unveiling the largest polymer 3D printer in the world. Surpassing its 2019 achievement, the new Factory of the...


Changing the Landscape: 1Print Co-Founder Adam Friedman on His Unique Approach to 3D Printed Construction

Additive construction (AC) is much more versatile than it seems, at first: as natural as it is to focus on the exciting prospect of automated home construction, there’s far more...


US Army Corps of Engineers’ Megan Kreiger on the State of Construction 3D Printing

Despite last year’s gloomy reports about the financial state of the additive manufacturing (AM) industry, there’s no doubt that we’re actually witnessing the birth of a sector rather than its...


Profiling a Construction 3D Printing Pioneer: US Army Corps of Engineers’ Megan Kreiger

The world of construction 3D printing is still so new that the true experts can probably be counted on two hands. Among them is Megan Kreiger, Portfolio Manager of Additive...