About 3D Printing Filament
In recent times, the issue of plastic recycling has become one of the leading issues of environmental protection and waste management. Polymer materials have been found to an application in many areas of daily life and industry.3D printer filament is a certain kind of printing material used by the FFF type 3D printer. It is one of the most commonly used 3D printing material categories in the world now. Differentiated from powder and liquid resin for other 3D printing technology, the filament is produced into one continuous slender plastic thread hundred meters long, which is usually spooled into a reel for purpose of storage and printer feeding. Determined by the thermal extrusion process of FFF printers, the raw material of filament is thermoplastic material including the most widely applied plastics in life, as well as some special formula material for a certain purpose.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Germany Manufacturers will contribute the maximum growth to Global 3D Printing Filament market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), DuPont de Nemours, Inc. (United States), BASF 3D Printing Solutions GmbH (Germany), HP Inc. (United States), EOS GmbH - Electro Optical Systems (Germany), Shenzhen Esun Industrial Co., Ltd. (China), 3D Systems Corporation (United States), Koninklijke DSM N.V. (Netherlands), Materialise NV (Belgium), Evonik Industries AG (Germany) and Arkema SA (France) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are CRP Technology S.r.l. (Italy), EnvisionTEC GmbH (Germany), Oxford Performance Materials, Inc. (United States) and MG Chemicals (Canada).
Segmentation Overview
AMA Research has segmented the market of Global 3D Printing Filament market by Type (PLA Filament, ABS Filament, PETG Filament, HIPS Filament and PVA Filament), Application (Aeronautics and Astronautics, Automotive, Medical, Education, Cultural Creativity and other) and Region.
On the basis of geography, the market of 3D Printing Filament has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Nylon will boost the 3D Printing Filament market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Standard , the sub-segment i.e. 1.75mm radius will boost the 3D Printing Filament market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological advancement in the 3D Printing Filament
Market Growth Drivers:
Demand for the high-performance material categories
Challenges:
The entrance of the new market players
Restraints:
Fluctuated raw material prices
Opportunities:
Increasing industrial manufacturing by China, India, Japan, and South Korea
Market Leaders and their expansionary development strategies
In March 2024, , 3D-Fuel, a US-based filament manufacturer and reseller, has recently become part of Nexa3D, the company led by Avi Reichental that has been building a wide and varied offer of technologies and materials, including capabilities in industrial filament material extrusion. Schneider expressed his satisfaction in reaching this significant milestone for the company.
In January 2023, Nanovia launched 4 new FFF 3D printer filaments, expanded our FGF pellet catalogue, modified some of our existing products and packaging options.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, 3D Printing Filament Manufacturer, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.