Market Overview
Metal 3D Printing is a laser-based technology used for the production of complex structures and smaller designs. Metal is the most crucial material used in the 3D printing process that involves layer-by-layer production, thereby increasing the overall accuracy of the final product.
According to the MarkNtel Advisors’ research report, “Global Metal 3D Printing Market Analysis, 2021,” the market is likely to grow at a CAGR of around 30% during 2021-26 due to the surging demand for advanced and green technologies. In addition to this, the wide-range application of 3D printing in prototyping, architecture, design visualization, and healthcare fuels the market growth.
Further, the mounting number of 3D printing startups, rising government initiatives to promote the adoption of 3D printing, and increasing demand for 3D printers across various end-users, including aerospace, automotive, and medical industries, are crucial factors propelling the growth of Metal 3D Printing Market across the globe.
Impact of COVID-19
Due to the sudden outbreak of the COVID-19 pandemic, the Global Metal 3D Printing Market has witnessed a substantial decline in its growth, primarily due to a downfall in the production capacity of 3D printing materials & printers, low demand, supply chain disruptions.
Additionally, the declining number of working employees and the operational expenditure by companies are other factors that negatively affected the market. However, the surging usage of 3D printing for producing medical devices shall provide new opportunities for the market. Thus, the Metal 3D Printing market shall regain its pace and grow exponentially in the coming future.

Market Segmentation
Powder-Based Raw Material Accounted for the Largest Market Share
Based on Raw Material, the market bifurcates into Powder-Based Raw Material, Resin-Based Raw Material, Lamina-Based Raw Material, and Filament/Wire-Based Raw Material. Among these sectors, Powder-Based Raw Materials acquired the largest share in the Global Metal 3D Printing Market in the previous few years.
The Powder-Based Raw Material helps produce high-density products with complex structures, which are further beneficial for manufacturing engine parts and other automotive components. The powder form enhances the mechanical properties of the final product and guarantees the consistency of layers. Thus, the surging demand for 3D printed products with high density and strength aids the need for powder-based raw material, cites MarkNtel Advisors in their research report, “Global Metal 3D Printing Market Analysis, 2021.”
Titanium and Its Alloys Segment Attained the Highest Market Share
Based on the Metal & Alloys Type, the market bifurcates into Titanium & its alloys, Aluminum & its alloys, Steels, and Nickel & its alloys. Out of these, the Titanium & Its Alloys segment captured a significant share in the Global Metal 3D Printing Market in the previous few years.
The segment growth is due to the burgeoning use of Titanium & its alloys in the aerospace industry for printing equipment prototypes. Further, titanium-based products exhibit properties, such as lightweight, non-corrosive, and high strength, thereby fueling the demand for Titanium & its alloys.
Regional Landscape
North America Registers Fastest Growth
Globally, the North American region is likely to be the fastest-growing region in the Global Metal 3D Printing Market in the past few years. It owes to the abundant presence of leading market players and end-user segments in North America. Further, the rapidly expanding tech industry in most North American countries is another crucial factor likely to drive the market in the coming years.
Market Driver
Mounting Applications in Various End-User Sectors to Boost Market Growth
The demand for metal 3D printing is increasing significantly due to its capability to create products with complicated geometries & superior physical characteristics. Additionally, its ability to make high-precision engine parts with complex architectures is another critical factor fueling the demand for metal 3D printing. Moreover, the availability of raw materials, surging demand for prosthetic & dental implants, and snowballing investments for new product development are other vital factors propelling the overall market growth.
Competitive Landscape
According to MarkNtel Advisors, the leading players in the Global Metal 3D Printing Market are Carpenter Technology Corporation, Sandvik AB, Linde, Renishaw PLC, Materialise, SLM Solutions, Intech Additive Solutions Pvt. Ltd., 3D Systems, Inc., Trumpf GmbH + Co. Kg., and STRATASYS LTD.
Key Questions Answered in the Market Research Report:
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Market Outlook, Segmentation and Statistics
1) Impact of COVID-19 on Global Metal 3D Printing Market
a) Market Size & Analysis
i) By Value
ii) By Volume
2) Market Share & Analysis
a) By Raw Material
i) Powder-Based Raw Material
ii) Resin-Based Raw Material
iii) Lamina-Based Raw Material
iv) Filament/Wire-Based Raw Material
b) By Technology
i) Powder Bed Fusion
ii) Directed Energy Deposition
iii) Binder Jetting
iv) Metal Extrusion
v) Others
c) By Application
i) Aerospace and Defense
(1) Improved Development Cycles
(2) Designing of Complex Parts
(3) Design Consolidation
(4) Manufacturing of Spares
(5) Weight Reduction
(6) Efficiency of the Materials
(7) Assurance of in-Process Quality
ii) Medical and Healthcare
iii) Automotive
iv) Other (Construction, Tool and Die, General Engineering)
d) By Metal & Alloys Type
i) Titanium and Its Alloys
(1) Complexity of Parts
(2) Strength-Weight Ratio
(a) Aerospace
(b) Automotive
(3) High-Temperature Strengths
(4) Biocompatibility
(5) Reduced Wastage
(6) Reduced Printing Time
ii) Aluminum and Its Alloys
iii) Steels
iv) Nickel and Its Alloys
v) Other Alloys
e) By Region
i) North America
ii) South America
iii) Europe
iv) Middle East & Africa
v) Asia-Pacific
f) By Competitors
i) Competition Characteristics
ii) Market Share & Analysis
iii) Competitive Matrix
3) Global Metal 3D Printing Market Hotspots & Opportunities
4) Global Metal 3D Printing Market Regulations & Policy
5) Key Strategic Imperatives for Success and Growth
6) Global Competition Outlook
a) Competition Matrix
b) Company Profile