3D Printing Filament Market Research Report with Size, Share, Value, CAGR, Outlook, Analysis, Latest Updates, Data, and News 2021-2026

3D printing filament is a thermoplastic feedstock that is melted and moulded into desired shape and size. The filament is fed into the heating chamber of the printer where it gets melted and then squeezed out of the metal nozzle to create a 3-dimensional object by tracing the programmed path from the 3D object file.

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According to the MarkNtel Advisors’ research report, “Global 3D Printing Filament Market Analysis, 2021”, the market is expected to grow at a CAGR of around 25% during 2021-26. The increasing demand for the adoption of a simpler method for product manufacturing is the major factor driving the growth of the 3D printing filament market. Moreover, the ability of filament-based 3D printers to produce an object with complex structures coupled with the low price of filament in comparison to other 3D printing material contributes to drive the 3D printing filament market through the forecast period.

Impact of COVID-19

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Due to the outbreak of the COVID-19 pandemic, the global 3D printing filament market has witnessed a decline in its growth. This was due to a huge downfall in the production capacity, low demand, and disruption in the supply chain of 3D printing filaments. Additionally, the reduction in the number of working employees and a decline in the operational expenditure by the companies has also negatively affected the market. However, the use of 3D printing filaments for the production of medical devices would provide new opportunities for the growth of the market in the coming years.

Market Segmentation

Plastic Segment Accounted for the Largest Market Share

Based on Type, the Plastic segment acquired the largest market share in the global 3D printing filament market in 2019. The growth of the segment is attributed to the availability of plastics in abundance for the production of 3D printed objects and the high compatibility of filament with the printers increases the demand for 3D printing filament. Additionally, the extensive application of plastics coupled with its low price contributes to the growth of this segment in the forecasted period as revealed by MarkNtel Advisors’ research report “Global 3D Printing Filament Market Analysis, 2021”.

Healthcare Registers Fastest Growth

Table of Contents

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Market Segmentation
1.4. Assumptions
2. Preface
3. Executive Summary
4. Impact of COVID-19 on Global 3D Printing Filament Market
5. Expert Verbatim- What our Experts Say?
6. Global 3D Printing Filament Market Dynamics
6.1. Growth Drivers
6.2. Challenges
6.3. Impact Analysis
7. Global 3D Printing Filament Market Product Standards
8. Global 3D Printing Filament Market Trends & Insights
9. Global 3D Printing Filament Market Hotspot & Opportunities
10. Global 3D Printing Filament Market Key Strategic Imperatives for Success & Growth
11. Global 3D Printing Filament Market Outlook, 2016-2026F
11.1. Market Size & Analysis
11.1.1. By Revenues
11.1.2. By Volume
11.2. Market Share & Analysis
11.2.1. By Type
11.2.1.1. Plastic
11.2.1.1.1. Polylactic Acid (PLA)
11.2.1.1.2. Acrylonitrile Butadiene Styrene (ABS)
11.2.1.1.3. Polyethylene Terephthalate Glycol (PETG)
11.2.1.1.4. Acrylonitrile Styrene Acrylate (ASA)
11.2.1.2. Metal
11.2.1.3. Ceramic
11.2.2. By Application
11.2.2.1. Aerospace & Defense
11.2.2.2. Healthcare
11.2.2.3. Automotive
11.2.2.4. Consumer Goods
11.2.2.5. Electrical & Electronics
11.2.2.6. Others
11.2.3. By Region
11.2.3.1. North America
11.2.3.2. South America
11.2.3.3. Europe
11.2.3.4. Middle East & Africa
11.2.3.5. Asia-Pacific
11.2.4. By Company
11.2.4.1. Competition Characteristics
11.2.4.2. Market Share & Analysis
11.2.4.3. Competitive Matrix
12. North America 3D Printing Filament Market Outlook, 2016-2026F
12.1. Market Size & Analysis
12.1.1. By Revenues
12.1.2. By Volume
13. Market Share & Analysis
13.1. By Type
13.2. By Application

Based on the Application, the Healthcare Segment is anticipated to be the fastest-growing segment in the 3D printing filament market during the forecasted period owing to the high demand for filament for the production of medical devices and components. However, as plastic filament is a biodegradable material, it is used in a wide range of medical applications such as implants and prosthetics. Moreover, amid the COVID-19 outbreak, the use of filament has increased at a tremendous rate for the printing of products such as PPE kits, face masks, and ventilator splitters. Thus, this has propelled the growth of the 3D printing filament market.

Regional Landscape

Asia-Pacific is projected to grow at the sturdy rate

Asia-Pacific is projected to grow at a sturdy rate during the forecasted period due to the constant growth of medical tourism and the development of the automotive industry in countries such as India and China. The demand for 3D printing filament is high in the aerospace industry for its lightweight properties. Moreover, the surge in government investments in various 3D printing projects and rising R&D activities by the companies are anticipated to fuel the market growth in the near future.

Market Driver

The surge in a government initiative to support market growth

The global 3D printing filament market is expected to grow at a considerable rate due to mounting government initiatives to invest heavily in the 3D printing market because of its diverse applications. Further, plastic-based 3D printing filament is biodegradable which makes is approved by environmental regulations. Thus, increases the demand for 3D printing filament. 3D printing is extensively used by various sectors such as the automotive industry, defence industry, healthcare sector, etc. as it reduces the manufacturing cost and requires less operating time. Thereby, this is further providing an opportunity for the growth of the market.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the global 3D Printing Filament market are Stratasys Ltd., 3D Systems Corporation, SABIC, Clariant, Evonik Industries AG, DuPont de Nemours Inc, Huntsman Corporation, MERCK GROUP, Shenzhen Esun Industrial Co., Ltd., Evonik Industries AG.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global 3D Printing Filament Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the Global 3D Printing Filament Market?
4. Who are the key competitors, what are their key strength and weakness and how they perform in Global 3D Printing Filament Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global 3D Printing Filament Market study?

Market Outlook, Segmentation and Statistics
1) Impact of COVID-19 on Global 3D Printing Filament Market
2) Market Size & Analysis
a) By Revenue
b) By Volume
3) Market Share & Analysis
a) By Type
i) Plastic
(1) Polylactic Acid (PLA)
(2) Acrylonitrile Butadiene Styrene (ABS)
(3) Polyethylene Terephthalate Glycol (PETG)
(4) Acrylonitrile Styrene Acrylate (ASA)
ii) Metal
iii) Ceramic
b) By Application
i) Aerospace & Defence
ii) Healthcare
iii) Automotive
iv) Consumer Goods
v) Electrical & Electronics
vi) Others
c) By Region
i) North America
ii) South America
iii) Europe
iv) Middle East & Africa
v) Asia-Pacific
d) By Competitors
i) Competition Characteristics
ii) Market Share & Analysis
iii) Competitive Metrix
4) Global 3D Printing Filament Market Hotspots & Opportunities
5) Global 3D Printing Filament Market Regulations & Policy
6) Key Strategic Imperatives for Success and Growth
7) Global Competition Outlook
a) Competition Matrix
b) Company Profile

Frequently Asked Questions:

Q. What is the historical year, base year and forecast year considered in the research report on Global 3D Printing Filament Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million and Tons.

Q. What would be the growth rate or CAGR of Global 3D Printing Filament Market during 2021-26?
A. The Global 3D Printing Filament Market is anticipated to grow at a CAGR of 25% during 2021-26.

Q. Who are the key competitors or players operating in Global 3D Printing Filament Market?
A. Stratasys Ltd., 3D Systems Corporation, SABIC, Clariant, Evonik Industries AG, DuPont de Nemours Inc, Huntsman Corporation, MERCK GROUP, Shenzhen Esun Industrial Co., Ltd., Evonik Industries AG are few of the leading players in the Global 3D Printing Filament Market.

Q. Which types segment would emerge as an opportunity area for players in Global 3D Printing Filament Market?
A. Plastic is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which region would emerge as an opportunity area for players in Global 3D Printing Filament Market?
A. Asia pacific continue to grow at a highest CAGR, presenting immense opportunities for market players of Global 3D Printing Filament Market.

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