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The 3D printing filament market is estimated at USD 739 million in 2020 and is projected to succeed in USD 2,552 million by 2025, at a CAGR of 28.1% from 2020 to 2025

The 3D printing filament market is estimated at USD 739 million in 2020 and is projected to reach USD 2,552 million by 2025, at a CAGR of 28.1% from 2020 to 2025

New York, September 08, 2020 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of Report “3D Printing Filaments Market By Type, End-Use Industry, Region – Global Forecast To 2025” – https: // www. reportlinker.com/p05751086/?utm_source=GNW
1% from 2020 to 2025. The increasing demand for mass customization in the end-use industries has been the main driver behind the growth of the 3D printing filament market to enable complex geometries to be easily manufactured. In addition, the high demand for 3D printing filaments in the medical industry due to the COVID-19 outbreak is expected to fuel the growth of 3D printing filaments in the medical and dental sectors.

The metals segment is expected to grow with the highest CAGR in the 3D printing filament market between 2020 and 2025
The Metals segment is expected to be the fastest growing type in the 3D printing filament market over the forecast period. Various metals such as titanium, stainless steel, and aluminum are widely used to print complex structures for prototyping and making objects for industries such as aerospace and automotive.

Properties such as high material strength as well as resistance to high temperatures and light weight are the factors driving the introduction of metals into the 3D printing filament market. The introduction of metal materials to the 3D printing filament market is in the early stages.

Given the increasing demand for metal materials from the end use industry in developed countries, the metal segment is expected to grow rapidly over the forecast period.

The Aerospace & Defense segment contributed to the highest consumption in the 3D printing filament market
With the increasing demand for plastic and metal based 3D printing filaments for the manufacture of aerospace components and parts, the Aerospace & Defense segment is expected to be the leader in the 3D printing filament market in 2020, investing in 3D printing technology, printers and materials.

The aerospace industry uses additive manufacturing to mass customize its production. 3D printing filaments are widely used in the aerospace and defense industries to make intricate components and parts because they are stronger and lighter than traditional techniques. 3D printing technology enables the more efficient production of complex parts such as nozzle wings, engine parts, space telescopes, metal cannons and rocket parts compared to conventional processes.

Based on the region, Asia Pacific is projected to grow with the highest CAGR in the 3D Printing Filament market between 2020 and 2025
The Asia Pacific 3D Printing Filament market is expected to grow with the highest CAGR between 2020 and 2025. China had the largest share of the global 3D printing filament market in 2019, which is driving the growth of the Asia-Pacific region.

China, Japan and South Korea are the lucrative markets for 3D printing filaments in the Asia-Pacific region during the forecast period. The growth is due to increasing demand for 3D printing filaments from the aerospace, medical and automotive industries in the region, particularly from China and Japan.

Breakdown of the Primary Interviews for the 3D Printing Filament Market report
• By type of company – Tier 1 – 30%, Tier 2 – 50% and Tier 3 – 20%
• By designation – C-Level – 20%, D-Level managers – 30% and others – 50%
• By regions – Europe – 40%, Asia-Pacific – 30%, North America – 20%, Rest of the world – 10%

Leading manufacturers of 3D printing filaments featured in this report include Stratasys Ltd. (USA), 3D Systems Corporation (USA), Koninklijke DSM NV (Netherlands), Materialize NV (Belgium), Evonik Industries AG (Germany) and Arkema SA (France), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia) , DuPont de Nemours, Inc. (USA), BASF 3D Printing Solutions GmbH (Germany), HP Inc. (USA), EOS GmbH – Elektrooptische Systeme (Germany), Shenzhen Esun Industrial Co., Ltd. (China), CRP Technology Srl (Italy), EnvisionTEC GmbH (Germany), Oxford Performance Materials, Inc. (USA) and MG Chemicals (Canada).

Research reporting
The report covers 3D Printing Filaments market by Type (Plastics, Metals, Ceramics, and Others), by End Use Industry (Aerospace & Defense, Medical & Dental, Automotive, Electronics and Others), and by region. The further breakdown of the type segment by material includes plastics (ABS, PLA, TPE, PA, photopolymers and others), metals (titanium, aluminum, stainless steel, nickel and others) and ceramics (glass, quartz glass, quartz and others)).

The study aims to estimate the size and future growth potential of the market in various segments. It also includes an in-depth competitive analysis of the key market players along with their profiles and growth strategies.

Main benefits of purchasing the report
From a findings perspective, this report focuses on different levels of analysis, such as: B. Industry analyzes (industry trends) and company profiles. With these insights, the study discusses the fundamental views of the competitive landscape, emerging and high-growth segments, high-growth regions, drivers, restraints, opportunities, and challenges in the 3D Printing Filament Market.

The report provides insights into the following:
• Market Penetration: Comprehensive information on various products of 3D printing filaments offered by top players in the market
• Product Development / Innovation: In-depth insight into upcoming developments in the 3D printing filament market, R&D activities and new applications in various end-use industries in the market
• Market development: Comprehensive information on lucrative and emerging markets in 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
Read the full report: https://www.reportlinker.com/p05751086/?utm_source=GNW

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