The Global 3D Printing Filament Market is expected to grow at a CAGR of 25% during 2021-2026 | Top Key Players are Stratasys, 3D Systems Corporation, SABIC, Clariant, Evonik and more

The growth of the global 3D Printing Filament Market is attributed to the high demand for 3D printing technology using filament from product designing to final product development. The surge in the adoption of 3D printers by the various industries to create an extremely customized product, thus, increases the demand for 3D printing filaments. Besides this, the use of 3D printers in the aerospace and automotive industry is surging as it produces high-quality product coupled with high performance.

According to the MarkNtel Advisors’ research report, “The Global 3D Printing Filament Market Analysis, 2021”. the Global 3D Printing Filament Market is anticipated to grow at a CAGR of around 25% during 2021-26.

Get the sample pages of the report: https://www.marknteladvisors.com/query/request-sample/global-3d-printing-filament-market.html

Key questions answered in the study
1. What are the current and future trends in the Global 3D Printing Filament Market?
2. How the market has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global 3D Printing Filament Market?
5. What are the customer orientation, purchase behavior, and expectations from the Global 3D Printing Filament Market service provider across various Regions?

Ceramic Segment shows the fastest growth
Based on Type, the Ceramic segment is projected to grow at a considerable rate during the forecasted period owing to its use in the production of statues, artistic figurines & designing projects. Further, it is extensively used in the biomedical field for making substitute 3D bone structure. Thereby, driving the growth of the ceramic segment.

“The Global 3D Printing Filament Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots and opportunities available for 3D Printing Filament providers across the globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

For detailed analysis, visit: https://www.marknteladvisors.com/research-library/global-3d-printing-filament-market.html

Aerospace & Defense holds the prominent market share

Based on Application, the Aerospace and Defense segment dominated the market in 2019 owing to the constantly growing aerospace and aviation industry leading to a surge in the demand for new aircraft. Thus, increasing the demand for 3D printing filaments for the production of components of the aircraft which are light in weight and are subjected to high pressure and temperature. Moreover, the achievement of complex and customized structure in less time with minimal wastage fuels the growth of the 3D printing filament market in the forecasted period as revealed by MarkNtel Advisors’ research report “The Global 3D Printing Filament Market Analysis, 2021”.

According to MarkNtel Advisors, the major leading players in the global 3D Printing Filament Market are Stratasys Ltd., 3D Systems Corporation, SABIC, Clariant, Evonik Industries AG, DuPont de Nemours Inc, Huntsman Corporation, MERCK GROUP, Shenzhen Esun Industrial Co., Ltd., Evonik Industries AG, others.

Market Segmentation:

1. By Type (Plastic (Polylactic Acid (PLA), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate Glycol (PETG), Acrylonitrile Styrene Acrylate (ASA)), Metal, Ceramic)
2. By Application (Aerospace & Defense, Healthcare, Automotive, Consumer Goods, Electrical & Electronics, Others)
3. By Region (North America, Latin America, Europe, Middle East & Africa, Asia-Pacific)
4. By Countries (US, Canada, Mexico, Brazil, Argentina, UK, Italy, Germany, France, Saudi-Arabia, South-Africa, China, India, Japan, South-Korea)
5. By Competitors (Stratasys Ltd., 3D Systems Corporation, SABIC, Clariant, Evonik Industries AG, DuPont de Nemours Inc, Huntsman Corporation, MERCK GROUP, Shenzhen Esun Industrial Co., Ltd., Evonik Industries AG, others)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.