Materialise Stock Price, News & Analysis

The global 3D printing market in the education sector is projected to grow by USD 720.31 million from 2021 to 2026, with a CAGR of 11.68%.

Key drivers include the hands-on learning benefits of 3D printing and the integration of technology in curricula. Notably, North America is expected to account for 39% of market growth, with the U.S. and Canada leading. The market comprises higher education and preK12 sectors, highlighting significant opportunities in enhancing student creativity.

However, an emerging challenge is the growing preference for 3D printing rental services, which allow institutions to utilize advanced printers without capital investment.

The global 3D Printing Filament Material Market was valued at over USD 300 million in 2021 and is projected to grow at a CAGR of 19% from 2022 to 2028. The report analyzes various segments, including types such as plastics, metals, and ceramics, and applications in sectors like healthcare and aerospace. The healthcare industry is anticipated to see the highest growth rate due to the customization capabilities of 3D printing. The report also highlights the impact of the COVID-19 pandemic, which temporarily disrupted supply chains. Major players in the market include Materialise NV, 3D Systems, and BASF.

The global 3D printing services market is projected to grow from $4.98 billion in 2022 to $6.11 billion in 2023, reflecting a CAGR of 22.7%. Despite disruptions from the Russia-Ukraine war impacting economic recovery, the market is expected to reach $12.39 billion by 2027 at a CAGR of 19.3%. Key players include Materialise NV (MTLS), 3D Systems, and Stratasys. Growth drivers include reduced manufacturing costs and process downtime. However, challenges such as intellectual property issues hinder progress, particularly in healthcare applications like organ printing.

Materialise NV (NASDAQ:MTLS) reported a 10% increase in Q4 2022 total revenue, reaching 62,703 kEUR, despite a net loss of 4,588 kEUR compared to a profit of 4,762 kEUR in Q4 2021. For the full year, revenue rose 13% to 232,023 kEUR, but adjusted EBITDA decreased to 19,014 kEUR from 32,490 kEUR in 2021. The company had cash and equivalents of 140,867 kEUR at year-end. Executive Chairman Peter Leys emphasized prioritizing top-line growth despite inflationary pressures. Looking ahead, Materialise expects double-digit revenue growth in 2023, with anticipated revenues between 255,000 and 260,000 kEUR.

The global aerospace 3D printing market, estimated at $6.9 billion in 2022, is projected to grow to $15.3 billion by 2030, with a CAGR of 10.5%. The U.S. market is valued at $2.1 billion, while China is expected to reach $2.5 billion by 2030, growing at 9.4% CAGR. Influences such as inflation, geopolitical tensions from the Ukraine war, and post-pandemic recovery are driving changes in investment and demand. The report highlights key competitors including Materialise NV, Boeing, and Airbus, among others, in a complex market facing challenges yet harboring opportunities for adaptability and growth.

The report titled "3D Printing Materials Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" has been added to the offerings of ResearchAndMarkets.com. It provides a comprehensive analysis of the global 3D printing materials industry, covering market size, dynamics, and forecasts from 2020 to 2030. The study emphasizes the increasing adoption of 3D printing technology across sectors like healthcare and aerospace, driving demand for high-performance materials. However, it notes that high initial costs and skilled labor shortages may hinder market growth.

According to Technavio, the global 3D printer market is projected to grow by USD 25,095.58 million from 2022 to 2027, at a CAGR of 23.49%. North America dominated the market in 2022 and is expected to contribute 36% to market growth during the forecast period. Key drivers include rising consumer interest in customized 3D products and decreasing prices of 3D printers. However, the market faces challenges like the high cost of training workers for additive manufacturing, which could hinder growth. The report segments the market by product type, technology, and geography, finding significant growth in industrial 3D printers.

The UK is the top contributor to the European educational services sector, focusing on various instructional methods. The global 3D printing market in education, negatively impacted by COVID-19, is projected to grow at a CAGR of 11.68% from 2021 to 2026, with an estimated increase of USD 720.31 million. The market includes segments for higher education and preK12, covering 3D printing services, materials, and printers. Key players include Materialise NV (NASDAQ:MTLS) and voxeljet AG (NASDAQ:VJET). Challenges remain from rental services threatening growth.

The global 3D Printing Materials Market is projected to rise from USD 2,850.1 million in 2022 to USD 8,697.9 million by 2027, achieving a CAGR of 25.0%.

This growth is driven by demand from key sectors like healthcare, automotive, and aerospace & defense. The metals segment is expected to grow at the highest rate, due to its applications in manufacturing critical components. North America is anticipated to hold the largest market share, fueled by substantial adoption and manufacturing capabilities in 3D printing technologies.