3D Printing Elastomers Market: By Form (Powder, Filament, Liquid), By Material (TPE, SBR & SBS), By Technology (FDM/FFF, SLA, SLS, DLP), By End-User Industry (Automotive, Consumer Goods, Aerospace & Defense, Medical & Dental), and Geography

3D Printing Elastomers Market size was valued at USD 195.2 million in 2023 and is poised to grow at a CAGR of 18.6% over 2024-2030. 3-D printing elastomers also referred to as elastomeric 3D printing or flexible 3D printing, describes the method of using 3D printing technology to produce objects made of elastic materials. Elastomers are polymers that resemble rubber in that they are resilient, flexible, and capable of regaining their original shape after deformation. They are frequently employed in situations where adaptability and suppleness are crucial. The increased demand to produce functional parts and components with elastomeric properties in various industries such as automotive, aerospace, and healthcare drives the 3D Printing Elastomers market. The 3D Printing Elastomers are used to manufacture parts like gaskets, seals, dampers, and orthopedic implants.

According to Bruker, a life science research and diagnostics solutions company, more than one million joint implants are currently produced every year, with a growth rate of nearly 9%, further propelling the market demand. Furthermore, rising product development and prototyping by engineers and designers in various industries, to quickly create and test prototypes, reducing the time and cost associated with traditional prototyping methods is also anticipated to propel the market. In addition, the advancements in technology to develop novel elastomeric materials with enhanced properties, like increased flexibility, durability, and biocompatibility, have created several opportunities for market development. Currently, multi-material 3D printing systems are becoming quite popular in the market as it allows to combination of elastomers with other materials like rigid plastics, metals, and ceramics further expanding the possibilities for new design formation. But, the limited availability of advanced elastomeric materials and the high cost of initial equipment and material setup may hinder the market growth. However, the growing adoption of home 3D printers, growing demand for 3D printing technology in several industries, growing disposable income, industrialization, urbanization, and increased investments by leading players in the 3D printing elastomer industries is anticipated to burgeon the market growth over the forecast years.

3D Printing Elastomers Market Key Developments:

• In October 2022, Desktop Metal launched ETEC 3D Printer Brand, a ETEC polymer additive that is focused on bringing its high-speed, photopolymer 3D printing solutions to volume manufacturers of consumer and industrial products.
• In November 2020, BASF SE entered in a partnership with Photocentric, Ltd., to launch a new Daylight Product Line (Ultracur3D EPD) for 3D printing applications such as prototyping, engineering, and serial production of automotive parts. These resins offer high stiffness and flexibility to the printed parts.