Demand for Aerospace 3D Printing Materials to Touch USD 8.39 Billion by 2027| MarketsandMarkets™

Posted by Jack Martin on April 5th, 2023

Aerospace 3D printing materials are materials specifically designed for use in 3D printing aerospace components. Such materials are typically strong, lightweight, and capable of withstanding extreme temperatures and pressures. Common aerospace 3D printing materials include polymers such as polyamide and polyetherimide, metals such as titanium and aluminum, and composites such as carbon fiber-reinforced polymers and glass fiber-reinforced polymers. These materials are used to create a variety of aerospace components, including engine components, airframe components, and interior components.

The global Aerospace 3D Printing Materials Market size is projected to grow from USD 2.75 billion in 2022 to USD 8.39 billion by 2027, at a CAGR of 25% during the forecast period. Increased demand for lightweight and durable aerospace components and simplification of complex designs will drive the growth of the aerospace 3d printing materials market.  

Aerospace 3d printing materials can be broadly classified into three major material types, namely, plastic, metal, and others. Various plastic materials that are used in the 3D printing include acrylonitrile butadiene styrene (ABS), polylactic acid (PLA), nylon, photopolymers, polyvinyl alcohol (PVA), polycarbonate (PC), high-density polyethylene (HDPE), and other thermoplastics. 

Based on the platform, the aerospace 3d printing materials market is segmented into aircraft, UAVs, and spacecraft. An aircraft would experience the greatest number of developments. The need for lightweight, cost-effective aircraft, as well as the need for rapid production of complex parts, would drive the use of 3D printers in aircraft manufacturing. 

The various applications of aerospace 3d printing materials include prototyping, tooling, and functional parts. The advancements in 3D printing technology and the increasing adoption of 3D printers into manufacturing processes across industries can be attributed to the growth of the functional parts segment. 

3D printing is used to develop various end products of aircraft such as engine components, structural components, and others. Ease of design, improved strength, lightweight, and durability of manufactured components, as well as cost-effectiveness, all contribute to the growth of end products.