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3D Printing Filament Market Is Projected To Attain USD 4.Four Billion By 2023, At A CAGR Of 27.1% From USD 1.Three Billion

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(MENAFN – Comserve) Shibuya-ku, Tokyo, Japan, Japan, February 5, 2021, 10:30 a.m. / Comserve / – The world’s leading manufacturers of 3D printing filaments featured in this report are Stratasys, Ltd. (USA). 3D Systems Corporation (USA), Arkema SA (France), Koninklijke DSM NV (Netherlands), Materialize NV (Belgium), Evonik Industries AG (Germany)

The 3D printing filament market is estimated at $ 1.3 billion in 2018 and is projected to reach $ 4.4 billion by 2023, which is an annual growth rate of 27.1% from 2018 to 2023. Key factors expected to drive the 3D printing filament market include increasing applications in various end-use industries and increasing awareness of the use and benefits of 3D printing technology. High installation and operating costs of 3D printing devices are some of the main restraints for the growth of the 3D printing filament market.

The leading global manufacturers of 3D printing filaments featured in this report are Stratasys, Ltd. (USA), 3D Systems Corporation (USA), Arkema SA (France), Koninklijke DSM NV (Netherlands), Materialize NV (Belgium) and Evonik Industries AG (Germany), SABIC (Saudi Arabia), Clariant (Switzerland), HP Inc. (USA) and DowDuPont (USA).

Please fill out the form to receive a sample copy of this report:

“The final report will cover the impact analysis of COVID-19 on this industry (global and regional market).”

‘Plastics are expected to be the most widely consumed material in filament form in the 3D printing filament market over the forecast period.

Depending on their type, plastics are the most consumed and most frequently used material in filament form compared to other materials due to their feasibility, availability, properties and economy. Among the plastics, ABS and PLA are the most widely used materials. The ceramic material market is expected to grow at the highest CAGR during the forecast period.

‘The aerospace and defense industry segment is expected to lead the 3D printing filament market over the forecast period.
The aerospace and defense industries are expected to lead the 3D printing filament market during the forecast period. This growth is due to the increasing global demand for 3D printing filaments mainly in plastic form. Additionally, increasing applications in various end-use industries such as aerospace and defense, healthcare, fashion, education, and others are expected to drive the growth of the 3D printing filament market. In addition, growing demand from developed regions such as North America and Europe is expected in this industry.

‘The Asia-Pacific region is expected to be the fastest growing market for 3D printing filaments over the forecast period.
Due to technological advancement and growth in various end-use industries such as aerospace and defense, North America is expected to lead the 3D printing filament market during the forecast period. The Asia Pacific 3D Printing Filament market is expected to grow at the highest CAGR over the forecast period as people become increasingly informed about the benefits of 3D printing technology, materials and services.

Breakdown of Primary Interviews for the Report on the 3D Printing Filament Market:

  • By type of company: Tier 1 11.1%, Tier 2 33.3% and Tier 3 55.6%
  • By designation: C-Level 20.0%, Director Level 10.0% and other 70.0%
  • By region: North America 35.7%, Europe 28.6%, Asia-Pacific 14.3%, Middle East and Africa 14.3% and South America 7.1%

Please fill out the form to receive a sample copy of this report:

“The final report will cover the impact analysis of COVID-19 on this industry (global and regional market).”

Research reporting:
The report covers 3D Printing Filaments market by type, end-use industry and region. This report aims to estimate the size and future growth potential of the 3D Printing Filaments market across different types of segmentation. The report also includes an in-depth competitive analysis of the major market players along with their profiles and growth strategies.

Main benefits of purchasing the report
From an insight perspective, this report focused on various levels of analysis, including industry analysis (industry trends) and company profiles. These insights together encompass and discuss fundamental views of the competitive landscape, emerging and high-growth segments of the 3D printing filament market, high-growth regions, and drivers, restraints, opportunities and challenges in the 3D printing filament market.

The report provides insights into the following notices:

  • Market Penetration: Comprehensive information on different types of 3D Printing Filament offered by top players in the 3D Printing Filament Market
  • Product Development / Innovation: Detailed insights into upcoming 3D printing technologies and materials, R&D activities and new applications in various end-use industries in the 3D printing filament market
  • Market Development: Comprehensive information on the lucrative and emerging markets. The report analyzes the 3D printing filament markets across different regions.
  • Market Diversification: Comprehensive information on new products, untapped regions, recent developments and investments in the 3D printing filament market
  • Competitive Assessment: In-depth assessment of the strategies, products and manufacturing capabilities of leading companies in the 3D Printing Filament market

TABLE OF CONTENTS

1 INTRODUCTION 20
1.1 AIMS OF THE STUDY 20
1.2 MARKET DEFINITION 20
1.3 MARKET SCOPE 21
1.3.1 YEARS FOR THE STUDY 21
1.4 CURRENCY 22
1.5 UNIT CONSIDERED 22
1.6 STAKEHOLDERS 22
2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 24
2.1.2 PRIMARY DATA 25
2.1.2.1 Key data from primary sources 25
2.1.2.2 Important insights into the industry 26
2.1.2.3 Breakdown of the primary interviews 26
2.2 ESTIMATE OF MARKET SIZE 27
2.3 DATA TRIANGULATION 28
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 29
2.4.1 ASSUMPTIONS AND RESTRICTIONS 29
2.4.2 GROWTH SCENARIO 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES ON THE 3D PRINTING FILAMENT MARKET 32
4.2 3D PRINTING FILAMENT MARKET ACCORDING TO TYPE 32
4.3 3D PRINTING FILAMENT MARKET BY TYPE AND COUNTRY 33
5 MARKET OVERVIEW 34
5.1 MARKET DYNAMICS 34
5.1.1 DRIVER 35
5.1.1.1 Rising demand from the aerospace and automotive industries 35
5.1.1.2 Increased Demand for 3D Printing Plastic Filaments from Industry for Mass Production 35
5.1.1.3 Increased demand for product modification and development 36
5.1.2 RESTRICTIONS 36

Please fill out the form to receive a sample copy of this report:

“The final report will cover the impact analysis of COVID-19 on this industry (global and regional market).”

The dynamism of the business environment in the current global economy increases the need among business people to be aware of current market situations. To meet these demands, Shibuya Data Count offers market research reports for various business professionals from various industries such as Healthcare & Pharma, IT & Telecommunications, Chemicals & Advanced Materials, Consumer Goods & Food, Energy & Energy, Manufacturing & Construction, Industrial Automation & Equipment, and Agriculture & related activities among others.

For more information, please contact:

Hina Miyazu

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Tel .: + 81 3 45720790

MENAFN05022021004694010674ID1101554490

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