3D Printer Filaments Market, By Type (Plastics, Metals, and Ceramics), By Application (Aerospace & Defense, Medical & Dental, Automotive, and Electronics), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI292619 | Publish Date: May 2024 | No. of Pages: 180

Global D Printer Filaments Market Overview

3D Printer Filaments Market was valued at US$ 745 million in 2024 and is projected to grow at a CAGR of 26.4% to reach US$ 5285.4 million by 2034.

3D printing filament is the thermoplastic feedstock for fused deposition modeling or fused filament fabrication (FDM/FFF) technique. The use of more than one filament for printing numerous materials at a time is the major driving factor for the market. Moreover, reasonable pricing of the filaments and ease of use provides further opportunities for market growth. The 3D printing filaments made from plastic are being widely used owing to their low cost, water resistance property, and ease of manufacturing.

Poly Lactic Acid (PLA) Filament has become one of the most common materials for 3D printing because it is easy to print, biodegradable and bio derived from corn and other biomaterials. Acrylonitrile Butadiene Styrene (ABS) Filament is another common 3D printing filament.

The 3D printing filaments made from plastic are being widely used owing to their low cost, water resistance property, and ease of manufacturing. Unlike regular printing such as composites, nylon, and other hybrid filament material, plastics uses fused filament fabrication techniques more efficiently to create prototypes for aerospace and defense, automotive, and industrial application segments. Rising innovation and research and development in the 3D printing filament such as multi-property materials and bio-degradable 3D filaments are highly attracting the market players to invest in the same.

Prototyping is the most common application which requires lower mechanical property from the material itself. For similar reasons, many enterprises and professionals choose filament for props, jigs and fixtures, toys, assemble parts, and education models. Filaments used for FDM 3D printing are more durable than regular resins used for resin 3D printing. This is because materials like ABS, PLA, PETG, nylon, and polycarbonate which are often employed in FDM printing have higher tensile strengths and impact resistance.

Introduction - 3D Printer Filaments Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global D Printer Filaments Market Dynamics

3D Printer Filaments Market Key Drivers:

Government initiatives to support the adoption of 3D printing:

  • An important potential for the 3D Printing Filament market is provided by government initiatives aimed at promoting the use of 3D printing. To promote the use of additive manufacturing technologies, various governments around the world are funding R&D initiatives, providing financial aid, and creating regulations.
  • The integration of 3D printing across diverse industries, there is a corresponding surge in the demand for advanced filaments. This opportunity allows 3D Printing Filament manufacturers to align their products with regulatory preferences, promote innovation, and capitalize on the growing trend of governmental support for the broader 3D printing ecosystem.

 Increasing Demand from the Aerospace and Automotive Industries:

  • The increasing demand from the aerospace and automotive sectors is driving the 3D printing filament industry. 3D printing is being used in both industries for applications related to lightweight design, complex component manufacture, and quick prototyping.
  • As more and more aerospace and automotive businesses use additive manufacturing technology, there is a growing need for specific filaments that provide increased strength, endurance, and precision. Filaments for 3D printing are essential for producing intricate and light-weight parts, which improves manufacturing efficiency and design flexibility in these fields.

3D Printer Filaments Market Restrains:

Health implication for workers evolved in the production of 3D Filaments Market:

  • Employees who use 3D printing technology run the risk of developing respiratory diseases as a result of work exposure since the powdered metal or polymer used in certain 3D printing technique which produces remarkable high concentration of hazardous of nanoparticle emission.
  • Significant health risks are associated with 3D printer emissions of volatile organic compounds (VOCs) and hazardous particles. According to studies, these particles can result in cardiac, & neurological disorders. Some of them can even cause cancer. The emission levels from aging printers can rise, which poses major risks to worker safety.

3D Printer Filaments Market Opportunities:

  • Eco-Friendly Innovations there’s a growing interest in bio-degradable 3D prints and multi-property materials, especially in Europe where strict environmental regulations are in place. This opens up opportunities for sustainable 3D printing solutions.
  • The increasing demand for mass customization in consumer goods, fashion, and medical sectors presents a lucrative opportunity. 3D printing’s ability to efficiently produce customized products at scale is a significant market attractor.

Global D Printer Filaments Market Segmentation

3D Printer Filaments Market is segmented based on type, application, and region.

Type Insights

  • Plastics: This industry, which is mainly driven by materials like Acrylonitrile Butadiene Styrene (ABS) and Polylactic Acid (PLA), thrives because of its numerous uses in the automotive, aerospace, and defense industries. The low cost, water resistance, and effective usage of plastics in fused filament fabrication (FFF) procedures benefit the segment. The market for plastics filament is expanding as a result of advancements in biodegradable and multi-property materials that are drawing attention from investors and meeting stringent environmental laws in Europe.
  • Metals Reactive: Metals, including Aluminum, Nickel, Stainless Steel, and Titanium, represent a smaller but rapidly growing segment. In addition to having a unique look, metal-filled filaments are necessary for applications requiring high strength and durability. Metals are becoming more and more preferred due to their advanced qualities, even though they require more energy to produce, particularly in complex aerospace and automotive components.
  • Ceramics: Glass and silica, two elements used in ceramics, are helping the industry carve out a niche for itself in artistic and biological applications. Investments in new printing techniques are anticipated to drive growth. Even if producing complicated parts is expensive and time-consuming. Although present constraints, ceramics' potential is highlighted by its application in creative masterpieces and unique biological implants.

Application Insights

  • Aerospace & Defense: The need for strong, lightweight parts that save fuel and have a minimal negative impact on the environment is driving this industry's development. In addition to being more affordable, 3D printing offers more design flexibility and quick prototyping when used to create intricate elements like engine components and cabin interiors.
  • Medical & Dental: The surge in demand for plastic filaments for applications such as implants and prosthetics, particularly amid the COVID-19 crisis, has underscored the versatility and critical importance of 3D printing in healthcare. Biocompatible materials like PCL and PLLA are increasingly used in custom implants and surgical tools, reflecting the industry’s shift towards personalized medicine and precision in treatment.
  • Automotive: 3D printing filaments is widely used in the automotive industry, which uses the technology for lightweight component manufacture, rapid prototyping, and tooling. The ability to produce bespoke parts, enhance design iterations, and shorten production lead times is advantageous to the automotive sector. Plastics that can be 3D printed are used to create prototypes of entire cars, engine parts, and interior elements, which promotes efficiency and innovation in the automobile industry.
  • Electronics: 3D printing is being used in a variety of industries, such as electronics manufacturing, to create prototypes, spare parts, and unique designs. This broad acceptance across industries demonstrates the revolutionary potential of 3D printing and its role in driving market expansion in the future.

Regional Insights:

3D Printer Filaments Market Regional Insights

  • North America it is advanced technology ecosystem and well-established infrastructure support the 3D printing industry, facilitating the efficient manufacture and transport of filaments and giving North American businesses a competitive edge. In addition, the region's strong R&D capacities and dedication to sustainability are further cementing its region as the industry leadership for filaments.
  • Asia Pacific Asia-Pacific is expected to grow at the fastest rate throughout the projection period because of the growing use of 3D printing technology in sectors including aerospace, automotive, manufacturing, and healthcare. These sectors are realizing the advantages of 3D printing filaments for low-cost production, product customization, and prototyping. Furthermore, the Asia-Pacific region's abundance of 3D printer suppliers and manufacturers has aided in the market's expansion by making a wide range of premium filaments easily accessible. Additionally, the region's market is growing quickly due to strong supply chain efficiency and technical developments.
  • The European the growing production of automobile and aeronautical parts. Stringent rules concerning the usage of non-biodegradable materials, such ABS and other high-performance polymers derived from petrochemical feedstock, are probably going to impede the market's expansion.
  • Latin America this countries will be able to recover more quickly from the 2020 crisis than many more developed countries. These countries could provide an opportunity for foreign companies due to their strong labor force. The emerging economies in countries like Brazil and Colombia are projected to grow the revenue share for 3D printer market in Latin America.
  • Middle East & Africa the retail industry market and household expenditure have both shown favorable trends in tandem with Africa's economic growth. This may lead to the construction of more logistical hubs and warehouses in the area, which would support the expansion of the 3D printing industry. Growth of the Middle East 3D printing materials market is mainly driven by low cost production output along with emergence of new supply chain and retail opportunities in the region.

Report Scope:

Attribute                        

Details

Market Size 2024

US$ 745 million

Projected Market Size 2034

US$ 5285.4 million

CAGR Growth Rate

26.4%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Plastics, Metals, and Ceramics

By Application - Aerospace & Defense, Medical & Dental, Automotive, and Electronics

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the 3D Printer Filaments Market report based on type, application and region:

3D Printer Filaments Market, By Type:

  • Plastics
  • Metals
  • Ceramics

3D Printer Filaments Market, By Application:

  • Aerospace & Defense
  • Medical & Dental
  • Automotive
  • Electronics

3D Printer Filaments Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global D Printer Filaments Market Key Players

Key players operating the 3D Printer Filaments Market include Evonik Industries, Inc., Filabot, Solvay AG, LG Chem, Voxeljet AG, Markforged, Inc., Proto Labs, Inc., Carbon, Inc., Materialise NV, BASF SE,

Key Players - 3D Printer Filaments Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global D Printer Filaments Market Key Issues Addressed

  • In December 2022, 3D printer manufacturer Ultimaker announced that it had acquired filament supplier Innofil3D. This acquisition will give Ultimaker more control over its filament supply chain and allow it to offer a wider range of filaments to its customers.
  • In June 2021, Covestro AG and Nexeo Plastics have announced the creation of a new PC/ABS filament for 3D printing called Addigy FPB 2684 3D. Nexeo Plastics' distribution platform is where the company offers this product. 

Global D Printer Filaments Market Company Profile

  • Evonik Industries, Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Filabot
  • Solvay AG
  • LG Chem
  • Voxeljet AG
  • Markforged, Inc.
  • Proto Labs, Inc.
  • Carbon, Inc.
  • Materialise NV
  • BASF SE,

 “*” marked represents similar segmentation in other categories in the respective section.

Global D Printer Filaments Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Mn)
  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Plastics
  • Overview
  • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Metals
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ceramics
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1.  Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Mn)
  • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Aerospace & Defense
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Medical & Dental
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronics
    • Overview
    • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Global Market, By Region, Forecast Period up to 10 Years, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Mn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Application Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Evonik Industries, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Filabot
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Solvay AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LG Chem
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Voxeljet AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Markforged, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Proto Labs, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Carbon, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Materialise NV
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The 3D Printer Filaments Market accounted for US$ 1501 Million in 2024 and is estimated to be US$ 10136.6 Million by 2034 to grow at CAGR of 21.30%.

The 3D Printer Filaments Market is segmented into Type, Application and Region.

The market is driven by expanding applications of 3D printing, advancements in filament materials, and the growing demand for customized products across various industries.

Challenges include price volatility of filament materials, limited material options, and environmental concerns associated with certain filament types, influencing the global 3D Printer Filaments Market.

Regions covered are North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with Asia-Pacific expected to dominate due to rapid industrialization and a growing focus on additive manufacturing technologies.

The key players operating the target market includes Evonik Industries, Inc.,Filabot,Solvay AG,LG Chem,Voxeljet AG,Markforged, Inc.,Proto Labs, Inc.,Carbon, Inc.,Materialise NV.