Binder Jetting 3D Printing Technology Market

Binder Jetting 3D Printing Technology Market Analysis

The Binder Jetting 3D Printing Technology Market size is estimated at USD 0.64 billion in 2025, and is expected to reach USD 1.44 billion by 2030, at a CAGR of 17.79% during the forecast period (2025-2030).

As the manufacturing sector expands, the significance of binder jetting 3D printing technology is on the rise. A primary advantage of binder jetting over other 3D printing methods is its operation at room temperature. Consequently, issues like thermal-induced dimensional distortions—common methods, such as FDM, SLS, DMSL/SLM (like warping), or SLA/DLP (like curling)—are absent in binder jetting.

• Consequently, binder jetting machines boast some of the largest build volumes in the 3D printing realm. These expansive machines predominantly produce sand-casting molds. Furthermore, metal binder jetting systems, with build volumes reaching up to 800 x 500 x 400 mm, surpass DMSL/SLM systems in size, enabling simultaneous parallel manufacturing of multiple parts. However, the maximum recommended part length is capped at 50 mm due to post-processing steps.
• Since parts aren't tethered to the build platform in binder jetting, the entire build volume is available for use. This characteristic makes binder jetting ideal for low-to-medium batch production. To fully harness binder jetting's potential, effective utilization of the machine's entire build volume is crucial.
• Binder jetting 3D printing technology finds extensive applications in the building and interior design sectors. Capable of producing impressively large items, it's been instrumental in architectural projects spanning entire spaces. Specific applications of binder jetting include store fittings, exhibits, and furniture design.
• Technological advancements are propelling the market's growth. For example, ExOne and 3D printers, leaders in additive manufacturing, have revolutionized sand casting for foundries and pattern shops by eliminating the need for complex tooling. Their binder jet process enables digital foundries to craft forms once deemed impossible, streamline intricate cores for quicker assembly, and make design tweaks without the usual time and cost of traditional tooling. Consequently, this surge in technological development by companies is expected to bolster the market, expand the machinery and equipment industry, and fuel the growth of the binder jetting technology market.
• Yet, challenges in speed and cost of binder jetting technology pose hurdles to its market growth. While cost might not be the primary deterrent, the time-intensive nature of binder jetting—compared to most manufacturing methods—stands out. Moreover, achieving design optimization for mass production often demands multiple builds. Addressing these challenges could catalyze immediate market growth.

Binder Jetting 3D Printing Technology Market Trends

Growing Applications in Automotive Sector

• Due to its inherent advantages, the automotive industry stands out as a leading adopter of binder jetting technology. For example, binder jetting's ability to swiftly produce both prototypes and production parts makes it increasingly favored in automotive applications. A prime illustration is the heat exchanger, which requires intricate geometries for optimal performance.
• As the automotive industry continues to evolve, fueled by an unyielding quest for efficiency, performance, and reduced weight, binder jetting emerges as a valuable asset for automotive manufacturers aiming to optimize production and pioneer innovative designs. While traditional 3D printing technologies typically cater to small batch runs, binder jetting matches the production rates of conventional methods. This capability facilitates the high-volume manufacturing of intricate automotive components. Moreover, binder jetting's versatility extends beyond a select few materials, accommodating a diverse array of metal powders customized to meet distinct performance criteria.
• With the global automotive sales surging, driven by increasing purchasing power among the populace, the market studied is anticipated to be served with significant growth opportunities during the forecast period. According to OICA, global automobile production continues to gain traction since the decline observed during the pandemic. In 2023, about 94 million vehicles were produced globally, compared to 78 million in 2020.
• A similar trend has been observed across other region. For instance, as per the ACEA full-year report 2023, the car market in China faced stagnation in the first three quarters, yet managed a 4.5% growth for the year. In contrast, car sales in Japan and the US saw robust increases, soaring by nearly 16% and over 14%, respectively.
• Recognizing the promise of binder jetting technology, numerous automobile manufacturers have begun its adoption. For example, ExOne and the BMW Group have collaborated on project development for over two decades. The automaker employs four ExOne Exerial binder jet 3D printing systems for the serial production of water jacket cores, essential for metal casting, and has more systems on the way. When integrated with a microwave, a desanding station, and a fully automated conveyor, the Exerial system operates at high speed around the clock, producing parts with remarkable accuracy.

North America Expected to Hold Significant Market Share

• As an early adopter of technology, North America is poised to lead the Binder Jetting 3D Printing Technology market. Anticipated product launches and innovations are set to drive the growth of the market. In response to these trends, numerous global Binder Jetting 3D printing solution providers are bolstering their presence in North America to capitalize on the expanding opportunities and enhance their market share.
• In June 2024, Desktop Metal, a leading provider of Additive Manufacturing 2.0 technologies for mass production, announced its participation at RAPID + TCT in Los Angeles. The company is expected to unveil innovative 3D printing applications tailored for diverse sectors, including aerospace, electronics, medical, and consumer goods. Notably, desktop metal is expected to spotlight its achievements in binder jetting AL6061 powder, showcasing part performance that competes with traditional investment casting and outshines other additive manufacturing methods for this specific material.
• Binder jetting technology is witnessing rising demand across various sectors in the region. For example, in 2023, Desktop Metal sold a Production System P-50 along with a complete set of metal binder jet systems to FreeFORM Technologies. Located in St. Marys, Pennsylvania, FreeFORM Technologies expanded its operations to include a total of 25 metal printers, marking what Desktop Metal claims to be the largest fleet of DM binder jet systems to date.
• The North American healthcare, aerospace and defence, industrial, and automotive sectors are witnessing a surge in investments, signalling robust growth prospects. These investments are expected to drive significant advancements and adoption of Binder Jetting 3D printing technology across various industries, further solidifying North America's dominant position in the market.

Binder Jetting 3D Printing Technology Industry Overview

The binder jetting 3D printing market is characterized by a blend of global and regional players. Companies such as ExOne, Proto3000 Inc., and Dassault Systemes, among others, are actively pursuing partnerships, mergers, acquisitions, and investments to strengthen their foothold in the market. These strategic maneuvers are paving the way for broader market opportunities.

Furthermore, the Binder Jetting Metal 3D printing technology is set to spearhead the ongoing digital transformation in manufacturing. Industry professionals must vigilantly track market shifts and adapt their strategies to maintain a competitive edge in this ever-evolving landscape.

The 3D printing sector is on the brink of substantial growth as brands increasingly favour binder jetting technology and scalable additive manufacturing over traditional supply chains. To meet the surging demand for digitized solutions, binder jetting technology must evolve, expanding its design and production capabilities. Metal Binder Jetting (MBJ) technology, in particular, is revolutionizing the 3D printing domain, carrying profound implications for metal manufacturing. This cutting-edge method layers metal powders with a liquid binder, enabling the creation of intricate and durable objects, thereby providing significant growth potential to the vendors.

Binder Jetting 3D Printing Technology Market Leaders

Binder Jetting 3D Printing Technology Market News

• June 2024: Desktop Metal, a leading provider of Additive Manufacturing Technology, announced that platinum has been qualified as a customer-approved material on its Production System P-1. This qualification comes with a specialty powder developed by Legor, a comprehensive solutions provider in jewelry manufacturing. Furthermore, Desktop Metal's Powmet line offers certified ultra-pure metal powders compatible with both laser and binder jet 3D printing systems. The company emphasizes that qualifying Legor’s Powmet platinum on the Production System P-1 marks a significant advancement for binder jet 3D printing in the jewelry, watchmaking, and luxury goods sectors.
• May 2024: Desktop Metal unveiled its Reactive Safety Kit for the Production System P-1, facilitating safe and rapid binder jet 3D printing of titanium and aluminum. After over two years of development and testing, the P-1 Reactive Safety Kit incorporates ATEX-rated components alongside essential hardware and software upgrades, prioritizing safety. ATEX certification, awarded to equipment after stringent testing per European Union directives, ensures safety in environments prone to explosive atmospheres.