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Albert Roy
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September 4, 2020

3D Printing Filament Market Size Will Escalate Rapidly in the Near Future

The Global 3D Printing Filament Market is projected to reach a value of over USD 3.1 Million by 2027 at a CAGR of around 23.1%.

3D printing filaments are used to manufacture various 3D components for its application in the end-use industries. Its properties such as high strength, toughness, and flexibility have increased its use in aerospace, automobile, and healthcare industries. Some of the primary factors favoring the market growth for the 3D printing filament are increasing automobile production, growing adoption of renewable sources, and surge in demand for high-performance medical devices across the globe.

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3D Printing Filament Market: Drivers & Challenges

Market Driver:

  • Rising Demand for 3D in Various End-User Industries

As the application of 3D printing is increasing in various industry, the need for advanced materials is high, resulting in the designing of new and innovative material by various 3D printing filament manufacturers. Demand for advanced 3D printing filament material is continuously rising in the end-use industries demanding quality coupled with high performance. Many 3D filament players are investing in developing 3D printing filament material with superior chemical, thermal, electrical, and performance to encounter the need for key end-use industries including defense, aerospace, and consumer goods. These factors are likely to spur the growth of the market

Market Restraint:

  • Potential Health Hazards for Workers from 3d Printing Filaments

According to recent studies by the Illinois Institute of Technology, 3D printers emit 200 million to 200 billion tiny toxic particles per minute while processing the filament. These particles when inhaled can penetrate to the lungs, cause irritation, and can also reach the brain. The printers use elements such as nylon filament that emits caprolactam which can cause serious stomach, neurologic, and heart conditions. Some printers using ABS filament emit styrene which could cause cancer as well. ABS filaments produce more particulate emissions as compared to PLA; however, both filaments produce significant amounts of emissions that lead to health concerns. With wear and tear, the levels of ultrafine particles (UFPs) and volatile organic compounds (VOCs) produced in 3D printers increase, leading to various health hazards.

3D Printing Filament Market: Key Segments

  • Segmentation based on type: Plastics, Metals, and Ceramics
  • Segmentation based on End-Use Industry: Aerospace & Defense, Medical & Dental, Automotive, and Electronics
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

3D Printing Filament Market: Report Scope

The report on the 3D Printing Filament market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the 3D Printing Filament Market include:

  • Stratasys Ltd.(Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • 3D Systems Corporation
  • 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.
  • EOS GmbH - Electro Optical Systems
  • Shenzhen Esun Industrial Co., Ltd.
  • CRP Technology S.r.l.
  • Oxford Performance Materials, Inc
  • MG Chemicals
  • Other Key Companies

3D Printing Filament Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

3D Printing Filament Market, by Type

  • Plastics
  • Metals
  • Ceramics
  • Others

3D Printing Filament Market, by End-Use industry

  • Aerospace & Defense
  • Medical & Dental
  • Automotive
  • Electronics
  • Others

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3D Printing Filament Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Government Initiatives to Support the Adoption Of 3d Printing
      2. Rising Demand For 3d In Various End-Use Industries
      3. Penetration of 3D Printing into Various and Large End-User Sectors
    3. Restraint
      1. Potential Health Hazards for Workers From 3D Printing Filaments
    4. Opportunities
      1. Innovation and Development Of 3D Printing Filaments Focusing on The Specific Application
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL 3D PRINTING FILAMENT MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Plastics
    3. Metals
    4. Ceramics
    5. Others
  7. GLOBAL 3D PRINTING FILAMENT MARKET BY END-USE INDUSTRY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Aerospace & Defense
    3. Medical & Dental
    4. Automotive
    5. Electronics
    6. Others
  8. GLOBAL 3D PRINTING FILAMENT MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. Stratasys Ltd
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. 3D Systems Corporation
    3. Koninklijke DSM N.V.
    4. Materialise NV
    5. Evonik Industries AG
    6. Arkema SA
    7. Saudi Basic Industries Corporation (SABIC)
    8. DuPont de Nemours, Inc.
    9. BASF 3D Printing Solutions GmbH
    10. HP Inc.
    11. EOS GmbH - Electro Optical Systems
    12. Shenzhen Esun Industrial Co., Ltd.
    13. CRP Technology S.r.l.
    14. Oxford Performance Materials, Inc
    15. MG Chemicals
    16. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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Albert Roy
September 4, 2020, 11:35
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