Mar 8, 2019   SOURCE: BusinessWire

$4.4 Billion Opportunity in the 3D Printing Filament Market by 2023 - Key Industry Analysis & Players - ResearchAndMarkets.com

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.

Topics Covered

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.3.1 Years Considered for the Study

1.4 Currency

1.5 Unit Considered

1.6 Stakeholders

2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data

2.1.1.1 Key Data From Secondary Sources

2.1.2 Primary Data

2.1.2.1 Key Data From Primary Sources

2.1.2.2 Key Industry Insights

2.1.2.3 Breakdown of Primary Interviews

2.2 Market Size Estimation

2.3 Data Triangulation

2.4 Research Assumptions and Limitations

2.4.1 Assumptions and Limitations

2.4.2 Growth Scenario

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

6 3D Printing Filament Market, By Type

6.1 Introduction

6.2 Plastics

6.3 Metals

6.4 Ceramics

7 3D Printing Filament Market, By End-Use Industry

7.1 Introduction

7.2 Aerospace & Defense

7.3 Medical & Dental

7.4 Automotive

7.5 Electronics

7.6 Others

8 Regional Analysis

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 Middle East & Africa

8.6 South America

9 Competitive Landscape

9.1 Introduction

9.2 Market Share of Key Market Players

9.3 Competitive Situations & Trends

9.3.1 New Product Launches

9.3.2 Collaborations

9.3.3 Partnerships

9.3.4 Agreements

9.3.5 Acquisitions

9.3.6 Investments

9.3.7 Joint Ventures

9.3.8 Expansions

10 Company Profiles

10.1 Stratasys Ltd.

10.2 3D Systems Corporation

10.3 Arkema S.A.

10.4 Koninklijke DSM N.V.

10.5 Materialise N.V.

10.6 Evonik Industries AG

10.7 SABIC

10.8 Clariant

10.9 HP Inc.

10.10 Dowdupont Inc.

10.11 EOS GmbH Electro Optical Systems

10.12 CRP Group

10.13 Oxford Performance Materials

10.14 Cndo Engineering Thermoplastics

10.15 Envisiontec GmbH

10.16 BASF 3D Printing Solutions GmbH

10.17 Esun

10.18 Meltink 3D

10.19 MG Chemicals

10.20 Other Key Players

10.20.1 Zhehan Plastic and Metal Manufactory

10.20.2 3D-Fuel

10.20.3 Advanc3D Materials GmbH

10.20.4 Graphene 3D Lab Inc.

10.20.5 Forefront Filament

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