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3D Printing Filament Market Size (2024 - 2029)

The 3D Printing Filament Market is projected to experience significant growth over the forecast period, driven by increased adoption in manufacturing applications and the benefits of mass customization. Despite challenges such as high capital investment requirements, the market is poised for expansion, particularly with innovations in the medical sector and advancements in materials presenting future opportunities. The market's expansion is expected to be particularly pronounced in Europe, which is anticipated to hold the largest market share.

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Market Size of 3D Printing Filament Industry

3D Printing Filament Market Summary
Study Period 2024 - 2029
Market Size (2024) USD 0.88 Billion
Market Size (2029) USD 2.21 Billion
CAGR (2024 - 2029) 19.64 %
Fastest Growing Market Asia-Pacific
Largest Market Europe
Market Concentration Low

Major Players

3D Printing Filament Market Major Players

*Disclaimer: Major Players sorted in no particular order

3D Printing Filament Market Analysis

The 3D Printing Filament Market size is estimated at USD 0.88 billion in 2024, and is expected to reach USD 2.21 billion by 2029, growing at a CAGR of 19.64% during the forecast period (2024-2029).

The COVID-19 outbreak caused nationwide lockdowns across the world, disruption in manufacturing activities and supply chains, and production halts, all of which had a negative impact on the market in 2020. However, conditions began to improve in 2021-2022, and the market is expected to grow year-on-year during the forecast period.

  • The growing usage of 3D printing filaments in manufacturing applications, along with mass customization associated with 3D printing, is expected to drive the market growth during the forecast period.
  • Conversely, high capital investment requirements in 3D printing may hinder the market's growth.
  • 3D printing innovation in the medical industry and advancements in 3D printing materials may act as growth opportunities for the market studied in the future.
  • Europe is expected to dominate the market with the largest market share during the forecast period.

3D Printing Filament Industry Segmentation

3D printer filament is a type of printing material used by the FFF-type 3D printer. It is one of the most common 3D printing materials in the world. It is mostly made of thermoplastic. However, metal, ceramics, and other materials are also used to make 3D printing filaments.

The 3D printing filament market is segmented by type, application, and geography. By type, the market is segmented into metals, plastics, ceramics, and other types (carbon fiber, etc.). By application, the market is segmented into aerospace and defense, automotive, medical and dental, electronics, and other applications (tool-making, etc.). The report also covers the market sizes and forecasts for the 3D printing filament market in 27 countries across major regions. For each segment, the market sizes and forecasts are provided based on revenue (USD).

Type
Metals
Titanium
Stainless Steel
Other Metals
Plastics
Polyethylene Terephthalate (PET)
Polylactic Acid (PLA)
Acrylonitrile Butadiene Styrene (ABS)
Nylon
Other Plastics
Ceramics
Other Types
Application
Aerospace and Defense
Automotive
Medical and Dental
Electronics
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Malaysia
Thailand
Vietnam
Indonesia
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC
Turkey
Rest of Europe
South America
Brazil
Argentina
Colombia
Rest of South America
Middle East and Africa
Saudi Arabia
South Africa
United Arab Emirates
Nigeria
Qatar
Egypt
Rest of Middle East and Africa
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3D Printing Filament Market Size Summary

The 3D printing filament market is poised for significant growth over the forecast period, driven by increasing applications in manufacturing and the trend towards mass customization. The market experienced setbacks due to the COVID-19 pandemic, which disrupted manufacturing and supply chains, but recovery began in 2021-2022. The medical and dental industries are the primary consumers of 3D printing filaments, utilizing them for creating advanced medical devices and custom prosthetics. Innovations in 3D printing materials and technologies, particularly in the medical sector, present substantial growth opportunities. However, the high capital investment required for 3D printing processes remains a challenge to market expansion. Europe is anticipated to lead the market, with Germany, the United Kingdom, and France playing significant roles due to their robust economies and advancements in sectors like aerospace and electronics.

The European region's dominance in the 3D printing filament market is supported by its strong medical technology and aerospace industries, alongside a thriving electronics sector. The presence of numerous medical technology companies, particularly in Germany, and the increasing demand for 3D printed medical devices contribute to market growth. The region's investment in healthcare and defense further boosts the demand for 3D printing filaments. The market is characterized by fragmentation, with major players like Stratasys Ltd, SABIC, BASF SE, Evonik Industries AG, and Mitsubishi Chemical Corporation holding significant market shares. Recent strategic moves, such as Covestro AG's acquisition by Stratasys and Evonik's expansion of its filament offerings, highlight the dynamic nature of the market and the ongoing efforts to enhance product capabilities and market reach.

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3D Printing Filament Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growing Usage in Manufacturing Applications

      2. 1.1.2 Mass Customization Associated with 3D Printing

    2. 1.2 Restraints

      1. 1.2.1 High Capital Investment Requirement in 3D Printing Process

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Value)

    1. 2.1 Type

      1. 2.1.1 Metals

        1. 2.1.1.1 Titanium

        2. 2.1.1.2 Stainless Steel

        3. 2.1.1.3 Other Metals

      2. 2.1.2 Plastics

        1. 2.1.2.1 Polyethylene Terephthalate (PET)

        2. 2.1.2.2 Polylactic Acid (PLA)

        3. 2.1.2.3 Acrylonitrile Butadiene Styrene (ABS)

        4. 2.1.2.4 Nylon

        5. 2.1.2.5 Other Plastics

      3. 2.1.3 Ceramics

      4. 2.1.4 Other Types

    2. 2.2 Application

      1. 2.2.1 Aerospace and Defense

      2. 2.2.2 Automotive

      3. 2.2.3 Medical and Dental

      4. 2.2.4 Electronics

      5. 2.2.5 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Malaysia

        6. 2.3.1.6 Thailand

        7. 2.3.1.7 Vietnam

        8. 2.3.1.8 Indonesia

        9. 2.3.1.9 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 France

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Spain

        6. 2.3.3.6 Russia

        7. 2.3.3.7 NORDIC

        8. 2.3.3.8 Turkey

        9. 2.3.3.9 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Colombia

        4. 2.3.4.4 Rest of South America

      5. 2.3.5 Middle East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 United Arab Emirates

        4. 2.3.5.4 Nigeria

        5. 2.3.5.5 Qatar

        6. 2.3.5.6 Egypt

        7. 2.3.5.7 Rest of Middle East and Africa

3D Printing Filament Market Size FAQs

The 3D Printing Filament Market size is expected to reach USD 0.88 billion in 2024 and grow at a CAGR of 19.64% to reach USD 2.21 billion by 2029.

In 2024, the 3D Printing Filament Market size is expected to reach USD 0.88 billion.

3D Printing Filament Market Report Snapshots

3D Printing Filament Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)