North America 3D Printing Plastics Market Size, Share & Trends Analysis Report By Type (Photopolymers, ABS & ASA, Polyamide/Nylon), By Form (Filament, Ink, Powder), By End-use, By Country,- Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2033

North America 3D Printing Plastics Market Size and Trends

The North America 3D printing plastics market size was exhibited at USD 489.85 million in 2023 and is projected to hit around USD 3,946.12 million by 2033, growing at a CAGR of 23.2% during the forecast period 2024 to 2033.

North America 3D Printing Plastics Market Key Takeaways:

• The filament segment led the market and accounted for the largest revenue share of 70.9% in 2023.
• The powder segment had a substantial market share in 2023.
• The medical segment accounted for the largest market share of 48.5% in 2023.
• The aerospace & defense sector accounted for a substantial portion of the market in 2023.
• Photopolymers dominated the market and accounted for the largest share of 60.0% in 2023.
• Polyamide/Nylon accounted for a substantial portion of the market in 2023

Report Scope of North America 3D Printing Plastics Market

This growth is attributed to the expansion of industries in the U.S. and Canada that utilize end products. The existence of economies with high income is fueling the need for consumer goods of superior quality and advanced technology, such as vehicles, appliances, and electronics. These elements, along with substantial investments in the manufacturing sector, are anticipated to boost the market for 3D printing plastics in the coming years.

The region is home to well-established markets and is distinguished by a 3D printing industry that is technologically advanced, thus making a significant contribution to the worldwide market for 3D printing plastics. The North American market for 3D printing plastics is expected to see promising growth in Polylactic acid. PLA filament, which is available in a variety of colors and blends, is extensively used in numerous applications. It is user-friendly and imparts a high-quality finish to the final printed product. Moreover, the U.S. has seen a substantial increase in the use of 3D printing plastics for prototype creation in recent years. Furthermore, it is anticipated that an increasing number of manufacturers will employ additive manufacturing for mass production. The market presents attractive opportunities in aftermarket applications, as manufacturers are progressively using additive manufacturing technology to produce new components in the aftermarket industry.

The market's growth in the region can be ascribed to the expanding end-use industries in the U.S. and Canada. The existence of high-income economies is driving the need for consumer goods of superior quality and advanced technology, such as vehicles, appliances, and electronics. These elements, combined with substantial investments in the manufacturing sector, are anticipated to boost the market for 3D printing plastics in the coming years. The market is likely to be driven by a high rate of adoption of 3D printing plastics across various end-user industries. The automotive applications of 3D printing plastics are expected to experience steady growth. In addition, the presence of major manufacturers is fueling the demand for 3D printing plastics in the region.

North America 3D Printing Plastics Market By Form Insights

The filament segment led the market and accounted for the largest revenue share of 70.9% in 2023. This growth is attributed to 3D plastic filaments being widely used in the global 3D printing market due to their ability to become flexible when heated. The printing industry frequently uses Polylactic acid and ABS filaments. These are thermoplastic materials that are employed in fused deposition modeling in 3D printers.

The powder segment had a substantial market share in 2023. 3D printing plastics possess several characteristics such as flexibility, high rigidity, and temperature resistance. The powder is also offered in a variety of vibrant colors. Polyamide/nylon and alumide are typically used as powder for building 3D models. Selective laser sintering is a favored technology for producing 3D-printed components from polyamide powder.

North America 3D Printing Plastics Market By End-use Insights

The medical segment accounted for the largest market share of 48.5% in 2023. This growth is attributed to the affordability, adaptability, and increasing instances of vascular and osteoarthritis diseases that contribute to the popularity of 3D printing plastics in medical applications. The market demand for these materials is predicted to surge due to advancements in technology, supportive government policies, and swift product development. These plastics are utilized in various medical applications such as prototyping, personalized orthodontic implants, prosthetics, medical tools, training models, and more. Dentistry is a major sector driving the demand for 3D printing plastics in the medical field.

The aerospace & defense sector accounted for a substantial portion of the market in 2023. Aerospace uses include the fabrication of armrests and engine parts. The use of 3D printing plastics is expected to expand in the manufacturing of aircraft winds, offering promising opportunities for market growth in the forecast period. Factors such as efficient use of raw materials, ease of customizing intricate products, supportive government policies, and shorter lead times are anticipated to boost the market demand for 3D printing plastics in the aerospace & defense industry.

North America 3D Printing Plastics Market By Type Insights

Photopolymers dominated the market and accounted for the largest share of 60.0% in 2023. The growth is attributed to the widespread application of Photopolymers in various industries where they serve as binders, additives, colorants, plasticizers, and chemical agents in 3D printed items. They provide numerous benefits such as clear imaging, improved ink deposition, and enhanced durability. As a result, these advantages are anticipated to propel the market demand for 3D printing plastics in the future.

Polyamide/Nylon accounted for a substantial portion of the market in 2023 due to increasing demand in both residential and commercial applications. Polyamide is extensively used in various application industries of the 3D printing plastic market due to its low sliding friction, high chemical resistance, rigidity, and dimensional stability. Polyamide is also known as Nylon (PA). Nylon 6 and Nylon 6, 6 are two distinct grades of nylon, composed of similar ratios of hydrogen, oxygen, nitrogen, and carbon. Nylon's relatively higher melting point makes it an ideal material for various applications.

Country Insights

U.S. 3D Printing Plastics Market Trends

The U.S. 3D Printing Plastics Market accounted for the largest market share of 77.7% in 2023. This growth is attributed to the rising elderly population in the country is leading to a surge in demand in the medical sector, which is the primary source of demand in the country. The need for medical equipment is increasing due to the mechanical and chemical properties they offer. Factors such as biocompatibility, optical clarity, and cost-effective production methods are anticipated to fuel the demand for these products in the healthcare sector.

Canada 3D Printing Plastics Market Trends

The 3D Printing Plastics Market in Canada registered a considerable market share in 2023. The manufacturing industries in Canada are growing their base, supported by various manufacturers' innovations. The emergence of new systems that assist in producing high-quality functional parts with reduced lead time and input costs is leading to a rise in the adoption of 3D printing plastics in Canada. Photopolymers are being increasingly used in the Canadian 3D printing plastics industry.

Mexico 3D Printing Plastics Market Trends

The Mexico 3D Printing Plastics Market experienced significant growth in 2023, due to the rapid expansion of the manufacturing industry in Mexico. This growth is driven by key factors such as beneficial trade agreements and cost-efficient, skilled labor availability. The educated younger workforce is more inclined to adopt new manufacturing methods such as additive manufacturing, thereby increasing the demand for 3D printing plastics in the country.

North America 3D Printing Plastics Market Recent Developments

• In April 2023, Arkema has unveiled "EASY3D", a new online platform for on-demand additive manufacturing. This innovative platform combines material science and cloud-based software expertise to facilitate access to a worldwide network of suppliers for 3D printing on demand. Some of these integrated suppliers are even part of the HP Digital Manufacturing Network and EOS Contract Manufacturing Network, both of which are certified by HP and EOS, global leaders in industrial 3D printing solutions.
  
  
• In March 2024,Avient Corporation, a leading provider of unique and eco-friendly material solutions and services, has launched new Gravi-Tech™ Density Modified Formulation grades that exhibit low shrinkage. These new grades present an alternative to acrylonitrile butadiene styrene (ABS) based materials for luxury packaging customers. Avient has engineered new PP-based grades that exhibit shrinkage comparable to ABS materials traditionally used, enabling customers to utilize their existing ABS molds. The Gravi-Tech Density Modified Formulations 5200 MS series provides an optimal choice for replacing ABS in the luxury packaging market, thereby facilitating the use of existing ABS molds. 

Some of the prominent players in the North America 3D printing plastics market include:

• 3D Systems, Inc.
• Arkema Inc.
• Stratasys Ltd.
• Avient Corporation
• The ExOne Company
• Huntsman Corporation
• Proto Labs Inc.
• Carbon3D Inc.
• Formlabs inc.
• HP Inc.

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the North America 3D printing plastics market

Type

• Photopolymers
• ABS & ASA
• Polyamide/Nylon
• Polyactic acid
• Others

Form

• Filament
• Ink
• Powder

End-use

• Automotive
• Medical
• Aerospace & Defense
• Consumer Goods

Country

• North America

• • U.S.
  • Canada
  • Mexico