Press release
3D Printing Filament Market Size to Boost USD 14.07 Billion By 2032 | CAGR 27.6% - Published by Emergen Research
3D Printing Filament Market
The 3D printing filament market is experiencing a rapid expansion, driven by the widespread adoption of additive manufacturing technologies across various industries. 3D printing filaments serve as the raw material for fused deposition modeling (FDM) printers, which are among the most popular types of 3D printers on the market. These filaments come in a variety of materials, including thermoplastics, metals, ceramics, and composites, enabling the production of a wide range of functional prototypes, end-use parts, and customized products.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the 3D Printing Filament Market :
Several factors contribute to the growth of the 3D printing filament market. One significant driver is the increasing demand for rapid prototyping and product development across industries such as automotive, aerospace, healthcare, and consumer goods. 3D printing filaments offer manufacturers the flexibility to quickly iterate designs, reduce time-to-market, and lower prototyping costs compared to traditional manufacturing methods.
Restraints Impacting the 3D Printing Filament Market :
Despite the promising growth prospects, the 3D printing filament market faces certain challenges. One significant restraint is the limited material properties and performance characteristics of some filaments compared to traditional manufacturing materials. While 3D printing filaments offer versatility and design freedom, they may not always meet the stringent requirements for strength, durability, and chemical resistance demanded by certain applications.
Moreover, the environmental impact of 3D printing filaments, particularly those derived from non-renewable resources such as petroleum-based plastics, poses concerns regarding sustainability and waste management. The disposal of 3D printing waste and unused filament spools raises questions about recycling, biodegradability, and the carbon footprint of additive manufacturing processes.
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The report also discusses the key players involved in the market such as:
BASF, Arkema, Höganäs AB, 3D Systems, Inc., DuPont, OXFORD PERFORMANCE MATERIALS, INC., Stratasys, EOS GmbH, Sandvik AB, Evonik Industries AG, Materialise, and Dow
The report provides a thorough estimation of the overall impact of the pandemic on the 3D Printing Filament Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the 3D Printing Filament Market
3D Printing Filament Latest Industry News
On 24 July, 2023, Poland-based Zortrax revealed that its Endureal industrial 3D printer capable of utilizing a flame-resistant BASF Ultrafuse PPSU filament, which holds certification for railway industry applications. According to Zortrax, PPSU demonstrates excellent performance in extreme thermal environments and displays notable resistance to fire and chemicals, thereby rendering it suitable for applications in hydraulic and aerospace domains as well.
On 31 December 2020, Stratasys, a 3D startup completed the acquisition of Origin. The acquisition adds Origin's software-centric Additive Manufacturing (AM) solution that offers best-in-class printing technology based on digital light processing for production-oriented polymer applications.
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3D Printing Filament Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global Three Dimensional (3D) printing filament market on the basis of materials, end-use, application, and region:
Materials Outlook (Revenue, USD Billion; 2019-2032)
Plastic
Acrylonitrile Butadiene Styrene (ABS)
Polylactic Acid (PLA)
Polyamide (PA)
Thermoplastic Elastomer (TPE)
Photopolymers
Metal
Glass
Fused Silica
Quartz
Others
Ceramic
Titanium
Aluminum
Nickel
Stainless Steel
Others
Application Outlook (Revenue, USD Billion; 2019-2032)
Manufacturing
Prototyping
Others
End-use Outlook (Revenue, USD Billion; 2019-2032)
Aerospace & Defense Medical
Automotive
Medical & Dental
Consumer Electronics
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
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