CHICAGO, Feb. 27, 2019
CHICAGO, Feb. 27, 2019 /PRNewswire/ -- According to the new research report "3D Printing Filament Market by Type (Plastics, Metals, Ceramics), End-Use Industry (Aerospace & Defense, Medical & Dental, Automotive, Electronics), Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecast to 2023", published by MarketsandMarkets™, the 3D Printing Filament Market is expected to grow from USD 1.3 billion in 2018 to USD 4.4 billion by 2023, at a CAGR of 27.1% from 2018 to 2023. Major drivers for the market include the increasing applications in various end-use industries, government investments, and increasing awareness about 3D printing technology in developing countries.
Download PDF Brochure:
Browse in-depth TOC on "3D Printing Filament Market"
142 – Tables
37 – Figures
167 – Pages
View detailed Table of Content here:
The plastics material type is projected to lead the market during the forecast period.
Based on type, the 3D printing filament market is segregated into plastics, metals, ceramics, and others. Among these, plastics are the most consumed material due to their properties and cost-effectiveness. Plastics are widely used in many end-use industries for various applications. The metals filament segment is expected to grow at the highest CAGR during the forecast period. Plastics ban in various developing countries, such as India, is the major restraining factor for the growth of the 3D printing filament market.
Aerospace & defense is projected to be the largest end-use industry segment, in terms of value, during the forecast period.
Based on end-use industry, the 3D printing filament market is segregated into aerospace & defense, medical & dental, automotive, electronics, and others. Among these, the aerospace & defense segment is expected to lead the 3D printing filament market globally. Increasing application areas of 3D printing technology and the demand backlog of almost equal to 10 years of Boeing are expected to lead to an increase in the demand for 3D printing filaments. This positive growth in the aerospace industry is expected to drive the growth of 3D printing filament market during the forecast period.
North American region is projected to be the largest consumer of 3D printing filaments, in terms of value, during the forecast period.
By region, the 3D printing filament market is segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Among these, North America is expected to lead the 3D printing filament market during the forecast period. In addition, increasing investments and awareness about 3D printing filaments in various developing countries are expected to fuel the market. The Asia Pacific 3D printing filament market is expected to grow at the highest CAGR during the forecast period.
Key players in the 3D Printing Filament Market are Stratasys, Ltd. (US), 3D Systems Corporation (US), Arkema S.A. (France), Koninklijke DSM N.V. (Netherlands), Materialise NV (Belgium), Evonik Industries AG (Germany), SABIC (Saudi Arabia), Clariant (Switzerland), HP Inc. (US), and DowDuPont (US).
Get 10% Free Customization on this Report:
Browse Adjacent Markets: Bulk Chemicals and Inorganics Market Research Reports & Consulting
3D Printing Metals Market by Form (Powder and Filament), Type (Titanium, Nickel, Stainless Steel, Aluminum), End-Use Industry (Aerospace & Defense, Automotive, Medical & Dental), and Region (APAC, North America, Europe, MEA, SA) - Global Forecast to 2023
3D Printing Plastics Market by Type (Photo polymer, ABS, Poly amide, PLA), Form (Filament, Liquid/Ink, Powder), End-Use Industry (Healthcare, Aerospace & Defense, Automotive, Electrical & Electronics), Application, and Region - Global Forecast to 2023 by Type (Liquid Coating, Powder Coating, and Specialty Coating), End-use Industry (Automotive & Transportation, Aerospace, Industrial, Building & Infrastructure), and Region - Global Forecast to 2023
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/3d-printing-filament-market.asp
Visit Our Website: https://www.marketsandmarkets.com