3D Printing Filament (Plastics, Metals, Ceramics) Market - Global Forecast to 2023

DUBLIN, March 27, 2019 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering.

The 3D printing filament market is estimated to be USD 1.3 billion in 2018 and is projected to reach USD 4.4 billion by 2023, at a CAGR of 27.1% from 2018 to 2023.

Key factors expected to drive the 3D printing filament market include increasing applications in various end-use industries and improving awareness related to the use and advantages of 3D printing technology. High installation and operating costs of 3D printing equipment are some of the major restraints for the growth of the 3D printing filament market.

Plastics are expected to be the most consumed material in filament form in the 3D printing filament market during the forecast period.

Based on type, plastics are the most consumed and commonly used material in filament form as compared to other materials due to their feasibility, availability, properties, and cost-effectiveness. Among plastics, ABS and PLA are the most consumed material. The market for the ceramics material is expected to grow at the highest CAGR during the forecast period.

The aerospace & defense end-use industry segment is expected to lead the 3D printing filament market during the forecast period.

The aerospace & defense end-use industry is expected to lead the 3D printing filament market during the forecast period. This growth can be attributed to the rise in the global demand for 3D printing filament majorly in plastic form. Moreover, increasing applications in various end-use industries such as aerospace & defense, healthcare, fashion, education, and others are expected to drive the growth of the 3D printing filament market. In addition, this industry is expected to witness a growing demand from developed regions such as North America and Europe.

The Asia Pacific region is projected to be the fastest-growing 3D printing filament market during the forecast period.

North America is expected to lead the 3D printing filament market during the forecast period due to technological advancements and growth in various end-use industries such as aerospace & defense. The 3D printing filament market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to the increasing awareness and knowledge among people about the advantages of 3D printing technology, materials, and services.

The leading 3D printing filament manufacturers, globally, profiled in this report 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), among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the 3D Printing Filament Market
4.2 3D Printing Filament Market, By Type
4.3 3D Printing Filament Market, By Type and Country

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Increasing Demand From the Aerospace and Automotive Industries
5.1.1.2 Increased Demand for 3D Printing Plastic Filaments From Industries for Mass Production
5.1.1.3 Increased Demand for Product Modification and Development
5.1.2 Restraints
5.1.2.1 Environmental Concerns Regarding 3D-Printed Plastic Products
5.1.2.2 Lack of Acceptance of New Technologies in Emerging Economies
5.1.2.3 High Cost of 3D Printing Ceramics Due to Low Consumption Volumes
5.1.3 Opportunities
5.1.3.1 Increasing R&D Investments By Various End-Use Industries to Sustain in the Market
5.1.3.2 Increasing Applications of 3D Printing Plastic Filaments in Various End-Use Industries
5.1.4 Challenges
5.1.4.1 Lesser Developments in Ceramics in Comparison to Metals and Plastics
5.1.4.2 Evolving 3D Printing Technologies
5.1.4.3 High Manufacturing Cost of Commercial Grade 3D Printing Plastic Filaments
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Threat of New Entrants
5.2.3 Threat of Substitutes
5.2.4 Bargaining Power of Buyers
5.2.5 Intensity of Competitive Rivalry

6 3D Printing Filament Market, By Type
6.1 Introduction
6.2 Plastics
6.2.1 Abs
6.2.1.1 Abs is the Largest Application of Plastic Filament in Terms of Value During the Forecast Period
6.2.2 Polyamide
6.2.2.1 Increasing Use of Polyamide Filament in Both Commercial and Domestic Applications is Driving the Growth of Polyamide in 3D Printing Filament Market
6.2.3 Pla
6.2.3.1 Increasing Use of Pla Filament in Medical & Dental Industry is Driving the Growth of Pla Segment in 3D Printing Filament Market
6.2.4 Photopolymer
6.2.4.1 Prototyping of Static Models in Various End-Use Industries is Leading the Market of Photopolymer in the 3D Printing Filament Market During the Forecast Period
6.2.5 Others
6.3 Metals
6.3.1 Titanium
6.3.1.1 Titanium is the Largest Application of Metals Filament in Terms of Value During the Forecast Period
6.3.2 Aluminum
6.3.2.1 Increasing Use of Aluminum in Aerospace & Defense and Automotive Owing to Its Physical and Mechanical Properties
6.3.3 Nickel
6.3.3.1 Increasing Use of Nickel in Aerospace & Defense is Driving the Growth of Nickel Filament During the Forecast Period
6.3.4 Stainless Steel
6.3.4.1 Growing Demand From Various End-Use Industries for Tooling and Fabrication Applications are Expected to Drive the Consumption of Stainless Steel 3D Printing Filaments.
6.3.5 Others
6.4 Ceramics
6.4.1 Glass
6.4.1.1 Glass: Increasing Use of Glass in the Aerospace & Defense Industry for Various Applications is the Major Driving Factor for Glass Filament During the Forecast Period
6.4.2 Fused Silica
6.4.2.1 Fused Silica: Increasing Used of Fused Silica in High-Temperature Applications, Owing to Its Properties Such as Low Coefficient of Thermal Expansion and Electrical Insulation
6.4.3 Quartz
6.4.3.1 Quartz: Increasing Demand for 3D Printing Technology and Development of New Grades of Quartz are Expected to Drive the Demand for Quartz During the Forecast Period
6.4.4 Others

7 3D Printing Filament Market, By End-Use Industry
7.1 Introduction
7.2 Aerospace & Defense
7.2.1 Aerospace & Defense is the Largest End-Use Industry of 3D Printing Filament Market During the Forecast Period
7.3 Medical & Dental
7.3.1 Medical & Dental is the Fastest Growing End-Use Industry of 3D Printing Filament Market During the Forecast Period
7.4 Automotive
7.4.1 Increasing Demand for 3D Printed Automotive Parts are Expected to Drive the Market for Automotive Industry During the Forecast Period
7.5 Electronics
7.5.1 Increasing Use of Plastics Filament in Electronics Industry is Expected to Fuel the Demand for Electronics During the Forecast Period
7.6 Others

8 Regional Analysis

9 Competitive Landscape
9.1 Introduction
9.2 Market Share of Key Market Players
9.3 Competitive Situations & Trends

10 Company Profiles

• 3D Systems Corporation
• 3D-Fuel
• Advanc3D Materials GmbH
• Arkema S.A.
• BASF 3D Printing Solutions GmbH
• CRP Group
• Clariant
• Cndo Engineering Thermoplastics
• Dowdupont Inc.
• EOS GmbH Electro Optical Systems
• Envisiontec GmbH
• Esun
• Evonik Industries AG
• Forefront Filament
• Graphene 3D Lab Inc.
• HP Inc.
• Koninklijke Dsm N.V.
• Materialise Nv
• Meltink 3D
• Mg Chemicals
• Oxford Performance Materials
• SABIC
• Stratasys, Ltd.
• Zhehan Plastic and Metal Manufactory

For more information about this report visit https://www.researchandmarkets.com/research/gdkml6/3d_printing?w=5

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