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Global 3D Printing Filament Industry Analysis by Major Players: 3D Systems Corporation

Author: Jack Daniel
by Jack Daniel
Posted: Dec 29, 2024

One of the renowned consulting, data analytics, and market research firms, Markntel Advisors published an analytical report titled, Global 3D Printing Filament Market Research Report: Forecast (2025-30). The report consists of several factors that influence the growth of the 3D Printing Filament industry. Additionally, the report demonstrates the operation of the players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the progress of the 3D Printing Filament industry. One of the leading market players 3D Systems Corporation declared to expand its plastic materials portfolio across broad applications and make it suitable across numerous industrial applications.

The report comprises, "Global 3D Printing Filament Market Research Report: By Material Type (Plastic [Polylactic Acid (PLA), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate Glycol (PETG), Acrylonitrile Styrene Acrylate (ASA), Polyethylene Terephthalate (PET), Photopolymers, Others (PC, PS, PVA, PEEK, PAEK, PEKK, and ULTEM)], Metal [Titanium, Aluminium, Stainless Steel, Nickel, Others (Copper, Gold, Silver, Bronze, and Cobalt Chrome)], Ceramic [Glass, Fused Silica, Quartz Others (Zirconia, Graphite, Clay, and Alumina)], Others (Wood, Magnetic Iron, Wax and Paper)) By Application (Aerospace & Defense, Healthcare, Automotive, Consumer Goods, Electronics, Others (Fashion, Education, Art & Sculpture, Jewellery and Architecture)) and others Forecast (2025-30)". According to the report, the Global 3D Printing Filament Market is projected to grow at a CAGR of around 25% during the forecast period, i.e., 2025-30. The industry growth is further driven by growing demand for plastic filaments to manufacture medical components and increasing applications of 3D printing in the aerospace & defense sector for rapid prototyping & design communication.

Better Understanding of 3D Printing Filament

Filaments made from ceramics, metals, or plastics are widely used in 3D printing technology, principally due to their flexibility during the final shaping and lower costs than other materials. In addition, the filament is a thermoplastic that does not shrink or warp, which makes its application extensive & well-suitable for 3D printing.

Key Takeaways

  • Study Period: Global 3D Printing Filament market report historical data – 2020-23, Base year –2024, and Forecast Period- 2025-30.
  • Market Growth: 3D Printing Filament is expected to grow at a CAGR of 25% during the forecast period, i.e., 2025-30.
  • Growth Driver: The 3D Printing Filament market is expected to expand with the rising application of 3D printing across different verticals
  • Growth Challenges: The Global Coating market is restricted by toxic filament particles that cause health hazards
  • By Application: The Automotive led the market segment, as growing demand for 3D printing filaments across the automotive industry is principally to quickly produce prototype equipment, custom products, and several lightweight components
  • By Type: The plastic filament led the market segment owing to the increasing application of 3D printing technology across different verticals like automotive, aerospace, healthcare, & defense

Frequently Asked Questions (FAQs)-

  • What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  • What are the trends influencing the current scenario of the market?
  • What leading factors would propel and impede the industry across the region?
  • How has the industry been evolving in terms of geography & Global 3D Printing Filament adoption?
  • Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
About the Author

Jack Daniel Email: sales@marknteladvisors.com Phone: +1 628 895 8081 +91 120 4268433.

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Author: Jack Daniel

Jack Daniel

Member since: Mar 04, 2024
Published articles: 20

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