What is 3D Printing Filament Market?
In recent times, the issue of plastic recycling has become one of the leading issues of environmental protection and waste management. Polymer materials have been found to an application in many areas of daily life and industry.3D printer filament is a certain kind of printing material used by the FFF type 3D printer. It is one of the most commonly used 3D printing material categories in the world now. Differentiated from powder and liquid resin for other 3D printing technology, the filament is produced into one continuous slender plastic thread hundred meters long, which is usually spooled into a reel for purpose of storage and printer feeding. Determined by the thermal extrusion process of FFF printers, the raw material of filament is thermoplastic material including the most widely applied plastics in life, as well as some special formula material for a certain purpose.
The market study is being classified by Type (PLA Filament, ABS Filament, PETG Filament, HIPS Filament and PVA Filament), by Application (Aeronautics and Astronautics, Automotive, Medical, Education, Cultural Creativity and other) and major geographies with country level break-up.
Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), DuPont de Nemours, Inc. (United States), BASF 3D Printing Solutions GmbH (Germany), HP Inc. (United States), EOS GmbH - Electro Optical Systems (Germany), Shenzhen Esun Industrial Co., Ltd. (China), 3D Systems Corporation (United States), Koninklijke DSM N.V. (Netherlands), Materialise NV (Belgium), Evonik Industries AG (Germany) and Arkema SA (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are CRP Technology S.r.l. (Italy), EnvisionTEC GmbH (Germany), Oxford Performance Materials, Inc. (United States) and MG Chemicals (Canada).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Germany Manufacturers will contribute to the maximum growth of Global 3D Printing Filament market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global 3D Printing Filament market by Type, Application and Region.
On the basis of geography, the market of 3D Printing Filament has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Demand for the high-performance material categories
Market Trend
- Technological advancement in the 3D Printing Filament
Restraints
- Fluctuated raw material prices
Opportunities
- Increasing industrial manufacturing by China, India, Japan, and South Korea
Challenges
- The entrance of the new market players
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, 3D Printing Filament Manufacturer, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry
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