TPU or thermoplastic polyurethane is a highly flexible and elastic material that is increasingly being used in 3D printing applications that require rubber-like properties. TPU 3D printers are systems specifically designed to process and print with this elastic filament. They enable users to 3D print functional prototypes and final parts with varying degrees of flexibility, stiffness, and elasticity.
The global TPU 3D printers market size in 2021 was USD 80 million. It is expected to expand at a compound annual growth rate (CAGR) of 15% during 2024-2028. Increasing popularity of additive manufacturing in various industries and material benefits of TPU are driving the demand for specialized TPU 3D printers.
Some of the key factors driving the TPU 3D printers market include:
Increasing use of flexible 3D printing: Industries such as consumer goods, wearables, footwear, and healthcare are actively using flexible 3D printing for applications that require vibration and shock absorption. This is driving the demand for TPU 3D printers.
Advances in TPU materials: Continuous innovation is expanding the range of TPU materials with different hardness, tensile strength, and temperature resistance properties. This increases their usefulness in additive manufacturing applications.
Increasing popularity of multi-material 3D printing: The emergence of multi-material 3D printers that can handle both rigid and flexible filaments is contributing to market growth. TPU is gaining importance as a support material for flexible components.
In terms of printer type, desktop TPU 3D printers dominate the market due to their affordability and workspace advantages. However, the industrial grade segment is expected to grow at a higher CAGR during the forecast period owing to larger build sizes and higher throughput capabilities.
Regionally, Asia Pacific is leading in the production and consumption of TPU 3D printers, driven by China, Japan, and South Korea. This can be attributed to the status of manufacturing centers, government support for additive manufacturing, and presence of key market players.
Key suppliers offering specialized TPU 3D printers include MakerBot, Ultimaker, Formlabs, Carbon, Stratasys, and Markforged, who are focusing on continuous product innovation, partnerships with material developers, and after-sales support to strengthen their market share.
The long-term outlook for the
TPU 3D printers market remains positive with the rapid development of additive manufacturing technologies and growing awareness of flexible 3D printing capabilities. However, availability of low-cost alternatives and lack of industry standards may hinder the market growth.