3D Printing Filament Market - Trends Forecast Till 2028

3D Printing Filament Market Size, by Type (Plastics, Metal, Ceramics), By Plastic Type (Polylactic Acid, ABS), By Application (Industrial, Aerospace & Defense), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-CM-3DPFM-326

Format:  

Number of Pages: 285

Domain: Chemicals & Materials

3D Printing Filament Market – Trends Forecast (2021-2028)

The 3D Printing Filament Market size is projected to reach a CAGR of 18.9% from 2021 to 2028.

3D printing filament is the thermoplastic feedstock for fused deposition modeling 3D printers. There are many types of filaments available with different properties, requiring different temperatures to print. The filament is commonly available in the two standard diameters of 1.75 mm and 2.85 mm. 2.85 mm filament is sometimes erroneously referred to as “3 mm”, but should not be confused with the less common filament size that actually measures 3 mm in diameter. Filaments made from materials such as plastics, metals, and ceramics are used in FDM/FFF technology that has a low price in comparison to other forms of 3D printing materials. These filaments are beneficial in the production of objects with complex structures.

Increasing applications in aerospace and defense industry for design communication and prototyping and increasing demand for high-quality print in automotive and industrial application are some of the factors that have supported long-term expansion for 3D Printing Filament Market.

3D Printing Filament Market Analysis

The North American region is expected to lead the 3D printing filament market during the forecast period. The growth can be attributed to the high demand for 3D printing filament in countries such as the US and Canada across the end-use industries such as aerospace, medical, and automotive.

3D Printing Filament Market is segmented into type, plastic type, application and region.

On the basis of Type

  • Plastics
  • Metals
  • Ceramics
  • Others

On the basis of Plastic Type

  • Polylactic Acid (PLA)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyethylene Terephthalate Glycol (PETG)
  • Acrylonitrile Styrene Acrylate (ASA)
  • Others

On the basis of Application

  • Industrial
  • Aerospace & Defense
  • Automotive
  • Healthcare
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

3D Printing Filament Market Primary Respondent

 

Key Players

  • Höganäs AB
  • 3D Systems Corporation
  • General Electric
  • Arkema S.A
  • Royal DSM N.V
  • Stratasys, Ltd.
  • Evonik Industries AG
  • ExOne; Arcam AB.

Recent Developments

  • In June 2020, Koninklijke DSM N.V. entered into an agreement to take over certain parts of Clariant AG’s (Switzerland) 3D printing business portfolio to expand rapid market-driven product development solutions. DSM acquired the 3D printing materials business of Clariant that allows DSM to provide rapid product development iterations for high-performance filaments and pellets based on application needs. The strategy enables DSM to strengthen its engineering grade filament, pellet, and powder portfolio.
  • In April 2020, Stratasys Ltd. entered into strategic partnership agreement with Origin to offer 3D printed nasopharyngeal swabs to the healthcare sector. Under this partnership, the company markets and promotes Origin 3D printed nasopharyngeal swabs to healthcare providers and testing centres in the US. This partnership is expected to help the company to improve its market position in the healthcare sector and expand its business applications.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for 3D Printing Filament Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 18.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

type, plastic type, application and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Höganäs AB; 3D Systems Corporation; General Electric; Arkema S.A; Royal DSM N.V; Stratasys, Ltd.; Evonik Industries AG; ExOne; Arcam AB

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