Market Insights and Analysis: Global 3D Printing Filament Market Overview and Projections (2021-2026)
The Global 3D Printing Filament Market is projected to grow at a CAGR of around 25% during the forecast period, i.e., 2021-26. The 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 drive the market.
Top leading companies in the Global 3D Printing Filament Market includes:
Stratasys Ltd., 3D Systems Corporation, SABIC, Clariant, Evonik Industries AG, DuPont de Nemours Inc, Huntsman Corporation, Shenzhen Esun Industrial Co., Ltd.
Growth Restraints
Toxic Filament Particles Causing Health Hazards Might Hamper the Market Growth
3D printers radiate tiny toxic particles while processing the filament, which, when inhaled by the workers, can cause enter the lungs, cause irritation, and might even reach the brain. Printers that use the nylon filament emits caprolactam, which could cause some severe heart, neurologic, stomach conditions. On the other front, some printers use ABS filament that emits styrene, which can even cause cancer. Both PLA & ABS filaments produce a significant amount of emissions that result in serious health hazards. Hence, these aspects might act as critical restraints for the market growth during 2021-26.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type
-Plastic
-Polylactic Acid (PLA)
-Acrylonitrile Butadiene Styrene (ABS)
-Polyethylene Terephthalate Glycol (PETG)
-Acrylonitrile Styrene Acrylate (ASA)
-Metal
-Ceramic
-Others (Wood, Magnetic Iron, etc.)
By Application
-Aerospace & Defense
-Healthcare
-Automotive
-Consumer Goods
-Others.
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Global 3D Printing Filament Market Geographic Reach:
The Geographic Reach of the Global 3D Printing Filament Market evaluates the spread and significance of Global 3D Printing Filament market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: USA, Canada, Mexico
- Europe: Germany, UK, France, Italy
- Asia-Pacific: China, India, Japan, South Korea
- South America: Brazil, and Argentina
- Middle East & Africa: Saudi Arabia, South Africa.
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