The Material Jetting Process 3D Printing market was valued at US$325.641 million in 2020 and is expected to grow at a CAGR of 22.98% over the forecast period to reach a total market size of US$1,385.081 million by 2027.
In the material jetting market, objects are created in a similar way to an inkjet printer. Three-dimensional printing with material jetting (MJ) is one of the best and fastest types of printing technology available today. The parts are built using liquid photopolymer droplets that are cured by ultraviolet light. Biomedical technology makes significant use of the material jetting market. Biofilms form on the surfaces of medical devices, which cause the majority of infections in healthcare. The material jetting process makes it possible to print devices with precise shapes, sizes, and morphology. This revolutionary technology has been used to create human tissues, pressure-sensitive fingers, and smart limbs. For example, in August 2021, Desktop Health, Digital Metal, Inc.'s business unit dedicated to creating 3D printed and bio- fabricated items, plans to launch a turnkey metal-binding jetting system for dental labs in addition to the release of chrome-cobalt for dental applications.
Additionally, the ability to print multiple materials in one print reduces manufacturing time and resources. Several materials may be used in different areas of the product, making it possible to customize it. Rather than printing materials separately and then combining them, this method prints all layers at once. Material jetting is the only market that can produce a complete product from unique materials in one production run. As low as 15 microns of layer resolution can be achieved through the printing process.
This technology is ideal for prototyping as well as tooling, because of its benefits. Material jetting, for example, lets designers create highly accurate, full-color prototypes from a variety of materials. The Audi Pre-Series Centre is a good example of this: Audi has been able to speed up its design verification process using Stratasys' material jetting technology. Furthermore, in an announcement from Volkswagen in June 2021, the German automaker said it was expediting the use of 3D binder jetting printing processes for vehicle manufacturing in the coming years. Material jetting is increasingly being used in the medical industry to create realistic anatomical models for educational as well as preoperative planning and training purposes. University and hospital doctors can print full-color anatomical models that look like human parts using Material Jetting. They facilitate training for medical students, as well as assist surgeons in planning and preparing procedures more efficiently than they would be able to with a 2D image. For example, with the help of material jetting technology, the Austrian 3D printing company Addion GmbH is designing ultra-realistic surgical eye models with the help of Stratasys PolyJet technology to better prepare for critical surgeries. Additionally, material jetting is a good choice for the production of molds and casting patterns at low volumes. Furthermore, as part of its plans for a Sand 3D Printing Network in North America, the ExOne Company, a global leader in industrial 3D printers, utilizes binder jetting technology to create a Sand 3D Printing Network for aerospace, automotive, agricultural, and other manufacturers to cast cores and molds by using 3D technologies. Injection molds and investment casting tools can be created much faster and at a lower cost thanks to material jetting 3D printing technology, an advancement that isn't possible with traditional tooling manufacturing.
Typically, only viscous materials can be successfully printed using material jetting. Although it is currently not easy to use viscous materials in the printing process, a few are available. When compared with SLS and other 3D printing techniques, the objects produced with material jetting tend to be weaker. Material-jetted parts are generally unsuited to functional applications. Material jetting is typically used to produce parts for which aesthetics are more important than function. Furthermore, speed constraints limit the application of material jetting. A part that is created by this process takes more time to build because the material is deposited in small droplets over a small area. These factors pose a hindrance to the growth of the material jetting market.
The Effect of COVID-19 on the Material Jetting Process in the 3D Printing Market A global shortage of medical supplies was caused by the COVID-19 pandemic that left many countries scrambling for supplies. In this chaotic situation, additive manufacturing (AM) offered an alternative method to rapidly-produce desired products, easing the strain on healthcare systems and manufacturing environments. As a result of the pandemic, the entire 3D printing technology market has benefited, and so has the 3D printing market for material jetting.
|Market size value in 2020||US$325.641 million|
|Market size value in 2027||US$1,385.081 million|
|Growth Rate||CAGR of 22.98% from 2020 to 2027|
|Forecast Unit (Value)||USD Million|
|Segments covered||Technology, Material, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Solidscape Inc, Xjet, 3D Systems, Inc., Sculpteo, 3D Hubs, Stratasys Ltd.|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the material jetting process 3D printing market size by 2027?
A1. The global material jetting process 3D printing market is expected to reach a market size of US$1,385.081 million by 2027.
Q2. What is the size of the global material jetting process 3D printing market?
A2. Material Jetting Process 3D Printing Market was valued at US$325.641 million in 2020.
Q3. What are the growth prospects for the material jetting process 3D printing market?
A3. The material jetting process 3D printing market is expected to grow at a CAGR of 22.98% over the forecast period.
Q4. How is the global material jetting process 3D printing market segmented?
A4. The global material jetting process 3D printing market has been segmented by technology, material, and geography.
Q5. What factors are anticipated to drive the material jetting process 3D printing market growth?
A5. Multiple applications in various industries lead to material jetting process 3D printing market growth.
3D Systems, Inc.
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