3D Printing Filament Market - Trends Forecast Till 2028

3D Printing Filament Market, by Type (Plastics, Metals, Ceramics), End-Use Industry (Aerospace & Defense, Medical & Dental, Automotive, Electronics) and Geography (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 Till 2028

The global 3D Printing Filament market size is projected to reach USD 2.6 million by 2026 at a CAGR of 29% from USD 751 million in 2021 during the forecast period 2021-2028.

A 3D printing filament is made up of thermoplastics and is used as a feedstock for the 3D printers. The commonly available size of the filament is 1.75 and 2.85 in diameter. Two most common types of filament types are acrylonitrile butadiene styrene (ABS) and polylactic acid (PLA). Where PLA is easy to print and biodegradable ABS is more durable and is also impact resistant and are thus used as per the purpose of serving.

The surge in demand for 3D printed filaments in aerospace industry and also the surge in use pf the filaments for mas communications are some of the factors that have supported long-term expansion for 3D Printing Filament Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe and has thus impacted the 3D printing filament market as well. The production plants located over various countries were impacted. To add on the headquarters and the subsidiaries were also impacted. However, the 3D printing filament manufacturer offered the printing for various medical applications and devices such as face masks, swabs, and ventilator spilters.

3D Printing Filament Market Analysis

North America is expected to be the largest market of 3D Printing Filament during the forecast period. The increased use of 3D printing filaments for printing on various medical devices like masks, ventilators etc. along with surge in use for printing of implants, prosthetics and various other components have led to growth in the commercial refrigeration equipment in the region.

3D Printing Filament Market is segmented into Type, End-use Industry and geography.

On the basis of Type                                               

  • Plastics
  • Metals
  • Ceramics

On the basis of End-Use Industry

  • Aerospace & Defense
  • Medical & Dental
  • Automotive
  • Electronics
  • Others (Fashion, Consumer Goods, Education, Art & Sculpture, Jewelry, and Architecture)

On the basis of Region

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

Detailed qualitative and quantitative data & insights are provided on global, regional and country level.

3D Printing Filament Market Primary Respondent

 

Key players

  • Stratasys Ltd.
  • 3D Systems Corporation
  • EOS GmbH - Electro Optical Systems
  • Shenzhen Esun Industrial Co., Ltd.
  • CRP Technology S.r.l.
  • EnvisionTEC GmbH
  • Koninklijke DSM N.V.
  • Materialise NV
  • Evonik Industries AG
  • Arkema SA
  • Saudi Basic Industries Corporation (SABIC)
  • DuPont de Nemours, Inc.
  • BASF 3D Printing Solutions GmbH
  • HP Inc.
  • Oxford Performance Materials, Inc.
  • MG Chemicals

Recent Developments

  • In April 2020, Stratasys Ltd. Signed a partnership agreement with Origin so as 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. The partnership is expected to improve the position in the market.
  • In June 2020, Koninklijke DSM N.V. took over some parts of Clariant AG’s (Switzerland) 3D printing business portfolio so as 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. This market strategy allowed DSM to strengthen its engineering grade filament, powder portfolio, and pellet.

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

Market Revenue In 2021

USD 751 million

Growth Rate

CAGR of 29% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Type, End-use Industry and geography

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

Stratasys Ltd., 3D Systems Corporation, EOS GmbH - Electro Optical Systems, Shenzhen Esun Industrial Co., Ltd., CRP Technology S.r.l., EnvisionTEC GmbH, Koninklijke DSM N.V., Materialise NV, Evonik Industries AG, Arkema SA, Saudi Basic Industries Corporation (SABIC), DuPont de Nemours, Inc., BASF 3D Printing Solutions GmbH, HP Inc., Oxford Performance Materials, Inc., and MG Chemicals

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