3D Printing Filament Material Market Analysis | 2021-2026

Market Insights

The 3D printing filament material market was estimated at USD 1.1 billion in 2020 and is likely to grow at a CAGR of 3.6% during 2021-2026 to reach USD 1.4 billion in 2026.

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Market Dynamics

Introduction

3D printing filament materials can be defined as materials that are used in 3D printing applications. Some of the commonly used filament materials include polylactic acid (PLA), acrylonitrile butadiene styrene (ABS), and metal among others.

Market Drivers

The growth of the 3D printing filament material market is driven by widespread use in a broad range of end-use industries including automotive, aerospace & defense, and medical among others. Significant growth of the automotive industry with increasing automobile production is expected to bolster the market growth. Moreover, the surging demand for high-quality print in industrial applications is likely to create lucrative opportunities for the players operating in the global market during the review period.

Segments' Analysis

By Application Type

Based on application, the market has been segmented into aerospace and defense, medical and dental, automotive, consumer goods, education, and others. Among these, the aerospace & defense segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period. The market growth can be attributed to expanding aerospace & defense industry.

Regional Insights

The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to expanding growth of automotive and aerospace & defense industries in developing countries, particularly China and India. The market in North America and European regions is expected to be driven by the established presence of the end-use industries.

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Key Players

Key players operating in the 3D printing filament material market are:

• Filabot (US)
• Evonik Industries AG (Germany)
• Polymaker (China)
• voxeljet AG (Germany)
• Solvay S.A. (Belgium)
• LG Chem Ltd. (South Korea)
• Markforged (US)
• Carbon, Inc. (US)
• Protolabs (US)
• Materialise NV (Belgium)

Note: The above list does not necessarily include all the top players in the market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s 3D printing filament material market realities and future market possibilities for the forecast period of 2021 to 2026. After a continuous interest in our 3D printing filament material market report from the industry stakeholders, we have tried to further accentuate our research scope to the 3D printing filament material market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

Market Segmentation

This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The 3D printing filament material market is segmented into the following categories:

By Type

• Plastics
• Metal
• Ceramics

By Application Type

• Aerospace and Defence
• Medical and Dental
• Automotive
• Consumer Goods
• Education
• Others

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.