3D Printing Filament Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Material (Plastics, Metals & Ceramics), By Type (ABS, PLA, PVA, PET and Others), By End Use (Medical & Dental, Automotive, Consumer Goods, Aerospace & Defense & Others) By Region and Competition 2018-2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request Customization3D Printing Filament Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Material (Plastics, Metals & Ceramics), By Type (ABS, PLA, PVA, PET and Others), By End Use (Medical & Dental, Automotive, Consumer Goods, Aerospace & Defense & Others) By Region and Competition 2018-2028
In 2020, the export value of the aerospace industry in Japan amounted to approximately USD 4.25 billion
The Thermoplastic feedstock utilized in the fused deposition modeling or fused filament fabrication (FDM/FFF) process is 3D printing filament. Using several filaments primarily drives the market to print many materials simultaneously. Additionally, the affordability of the filaments and their simplicity of usage present additional market expansion prospects. There are several types of 3D printing filaments found at in the market, including PLA (polylactic acid), ABS (acrylonitrile-butadiene-styrene), PET (polyethylene terephthalate), Nylon, TPU (thermoplastic polyurethane), and PVA (polyvinyl alcohol). Each filament has its own unique properties and characteristics, making it suitable for different applications.
Stainless steel, copper, brass, bronze, and other very fine metal powders make metal-filled 3D printing filaments. These materials don't require a high-temperature extruder and have an aesthetically pleasing metal finish. Metal printing filaments are also heavier and stay on the surface longer than plastic. The metal-based 3D printing filament market is hindered by the fact that generating metal filament for printing uses three to four times more energy than producing plastic or ceramic filament. Ceramics can be used as a 3D printing filament substitute for plastic and metal. The creation of creative figurines, models, statues, and art and design projects is credited as the driving force behind the use of ceramics for printing. Additionally, it's frequently used in the biomedical industry to create customized implants like 3D bone substitutes. However, building complicated components and parts using ceramic filament is expensive and labor-intensive. As a result, the major market players are spending money researching and developing novel printing techniques.
Promising Demand from The Aerospace and Defense Industry
Demand for 3D printing filament is anticipated to increase throughout the forecasted period as additive manufacturing is increasingly used to produce aerospace components worldwide for cost-effective solutions.
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The 3D printing filament industry is seeing good market expansion due to various product development stages. Major component producers in the fields of aerospace and defence, automotive, industrial, and healthcare include India, China, Brazil, South Korea, and Malaysia. During the anticipated period, this is probably going to propel market growth even higher. By opening its first Kepstan PEKK (Poly-Ether-Ketone-Ketone) factory in Alabama, US, Arkema SA expanded the manufacturing of 3D printing filament material in March 2019. With this development, the company aimed to increase its selection of advanced materials for use in the most demanding industries, including aerospace, oil & gas, electronics, and automotive.
Recent Developments
- In August 2022, A contract for selling Covestro AG's
3D printing and additive manufacturing operations was inked with Stratasys, an
Irish enterprise. Covestro AG has significantly impacted the ecosystem of
third-party materials at Stratasys.
- In March 2022, VESTAKEEP iC4800 3DF, a novel
osteoconductive PEEK filament that improves the fusion of bone and implants,
was introduced by Evonik Industries AG as part of an expansion of their family
of VISTAKEEP Fusion 3D printing filaments. The filament is perfect for 3D printers
that use fused filament fabrication technology.
Product Launches
- In 2020, Mitsubishi Chemical launched DURABIO, a
biobased 3D printing filament made from plant-based materials.
- In 2019, DSM launched Novamid ID1030 CF10, a carbon
fiber-reinforced 3D printing filament designed for use in high-performance
applications, such as automotive, aerospace, and healthcare.
- In 2018, BASF launched Ultrafuse TPU, a flexible 3D
printing filament designed for use in a range of applications, including
automotive and consumer goods. The filament is known for its high elasticity,
tear resistance, and heat resistance, making it suitable for use in parts and
components that require flexibility and durability.
Market Segmentation
Market players
Stratasys Ltd, Saudi Basic Industries Corporation, Koninklijke DSM N.V., Merck KGaA, Arkema S.A., 3D Systems, Inc., Evonik Industries AG, Clariant AG, DuPont de Nemours, Inc and Materialise NV are some of the key market players.
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Attribute |
Details |
|
Base Year |
2022 |
|
Historic Data |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in metric tons, and
CAGR for 2018-2022 and 2023-2028 |
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Report Coverage |
Revenue forecast, Volume Forecast, company share, competitive
landscape, growth factors, and trends |
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Segments Covered |
Material Type End Use |
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Regional scope |
North America; Europe; Asia Pacific; South America; Middle East &
Africa |
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Country scope |
United States, Canada, Mexico; China, India, Japan,
South Korea, Australia; Germany, France, United Kingdom, Italy, Spain;
Brazil, Argentina, Colombia, South Africa, UAE, Saudi Arabia, Turkey, and
Egypt. |
|
Key companies profiled |
Stratasys Ltd, Saudi Basic Industries Corporation, Koninklijke DSM
N.V., Merck KGaA, Arkema S.A., 3D Systems, Inc., Evonik Industries AG,
Clariant AG, DuPont de Nemours, Inc and Materialise NV |
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Customization scope |
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the
editable version of the report in PPT/Word format on special request) |
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