3D Printing Filament Material Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos
3D printing filament material refers to the plastic or other materials used to create three-dimensional objects using a 3D printer. The filament is fed into the 3D printer, which heats and melts the material, and then extrudes it through a small nozzle to build up the object layer by layer. These are used in the manufacturing of electric and lighting systems such as headlamps, ignition or engine elements, electric switches, frames, and bulb sockets. Additionally, these are also used in the medical sector to produce disposable and multiple-use medical devices, probe casings, or monitors. Furthermore, many players are adding new products to the market to improve the material sustainability of the films. For instance, in May 2022, Brazilian petrochemical firm Braskem released its first line of sustainable 3D printing filaments.
๐๐จ ๐๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐๐ฎ๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก, ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐
๐๐จ๐ฉ๐ฒ - https://univdatos.com/get-a-free-sample-form-php/?product_id=35768
The
3D Printing Filament Material Market is expected to grow at a significant rate
of around 19% owing to the growing availability of
biodegradable 3D printing filaments coupled with the growing adoption of 3D
printing filament material in the aerospace and defense industry for design
communication and prototyping. Major companies in the market are working
toward their product portfolio by introducing better market-driven solutions. For
instance, In June 2020, Koninklijke DSM N.V. acquired Clariant's 3D printing
materials business, allowing it to manufacture high-performance filaments and
pellets quickly based on application needs. As a result of the strategy, DSM's
engineering-grade filament, pellet, and powder portfolio will be reinforced to
improve speedy market-driven product development solutions.
According to UnivDatos Market Insights
(UMI)โ research report โGlobal 3D
Printing Filament Material Marketโ, the market is expected to witness
robust growth during the forecast period (2022-2028).
This is mainly due to the growing applications in the end-user industry coupled
with the increasing demand for mass customization.
Based on type, the market is segmented into
plastics, metals, ceramics, and others. Ceramics type is to hold a significant
share of the market in 2021. This is because of its unique properties, such as
high strength, toughness, and heat resistance. These properties make ceramics
ideal for applications that require high-performance and durable parts, such as
medical implants, aerospace components, and industrial machinery parts.
Additionally, ceramics as a filament material is also biocompatible, making it
ideal to produce medical implants and other healthcare products. Thus,
increasing the demand for ceramics in the 3D printing filament market.
๐๐จ ๐๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐๐ฎ๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก, ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐
๐๐จ๐ฉ๐ฒ -
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Based on the application,
the market is
categorized into industrial, aerospace & defense, automotive, healthcare,
and others. Among these, the aerospace & defense industry will hold a
significant market share in 2021. This is mainly due to the growing demand for
printing materials that are strong and lightweight for mass-customizing
aerospace parts and components as well as for producing many design prototypes.
The aircraft industry was one of the first to use 3D printing technology to
prototype and commercially create components and parts made of plastic and
metal. Thus, the demand for 3D printing filament is anticipated to increase
throughout the forecasted period as additive manufacturing is increasingly used
to produce aerospace components around the world for cost-effective solutions.
APAC to witness extensive growth.
For a
better understanding of the market adoption of the 3D printing filament
material industry, the market is analyzed based on its worldwide presence in
the countries such as North America (The United States, Canada, Rest of North
America), Europe (Germany, The United Kingdom, France, Spain, Italy, Rest of
Europe), Asia-Pacific (China, India, Japan, Rest of Asia-Pacific), Rest of
World. APAC is anticipated to grow at a substantial
CAGR during the forecast period. This is mainly because of the growing effects
of price drops and the rapid adoption of 3D printing technology, which is
driving up demand for 3D printing services in prototype, product design, and
concept modeling. Additionally, the region is anticipated to rise because of
the early adoption and advancement of superior 3D printing technology as well
as the considerable presence of manufacturers. Furthermore, the growing demand
for 3D printing technology from APAC manufacturing businesses as well as
numerous government-led programs and regulations in the fields of healthcare,
construction, and education. Many major players are working towards increasing their business
portfolio in the market of 3D printing filament market. For instance, BASF to strengthen its position in the 3D printing market
and widen its sales channel with the purchase of Sculpteo.
For More
Informative Information, Please Visit Us โ https://univdatos.com/report/3d-printing-filament-material-market/
According to UnivDatos Market Insights (UMI)โ,
the key players with a considerable market share in the 3D Printing Filament
Material market are 3D Systems, Koninklijke DSM N.V., Materialise NV, Evonik Industries AG,
Arkema S.A, Saudi Basic Industries Corporation, BASF 3D Printing Solutions
GmbH, DuPont de Nemours Inc., EnvisionTEC, CRP Technology Srl.
โGlobal
3D
Printing Filament Material Marketโ provides comprehensive qualitative
and quantitative insights on the industry potential, key factors impacting
sales and purchase decisions, hotspots, and opportunities available for the
market players. Moreover, the report also encompasses the key strategic
imperatives for success for competitors along with strategic factorial indexing
measuring competitorsโ capabilities on different parameters. This will help
companies in the formulation of go-to-market strategies and identifying the
blue ocean for its offerings.
Market Segmentation:
1. By
Type (Plastics, Metals, Ceramics, and Others)
2. By
Application (Industrial, Aerospace & Defense,
Automotive, Healthcare, and Others)
3. By
Region (North America, Europe, Asia-Pacific, Rest of
the World)
4. By
Company (3D Systems, Koninklijke DSM N.V.,
Materialise NV, Evonik Industries AG, Arkema S.A, Saudi Basic Industries
Corporation, BASF 3D Printing Solutions GmbH, DuPont de Nemours Inc.,
EnvisionTEC, CRP Technology srl.)
Key
questions answered in the study:
1.
What are the current and future trends
of the global 3D printing filament material industry?
2.
How the industry has been evolving in
terms of type and application?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the global 3D printing filament material industry?
5.
What is the customer orientation,
purchase behavior, and expectations from the global 3D printing filament
material suppliers across various region and countries?
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