The 3D printing filament market was valued at $0.9 billion in 2023 and is projected to reach $2.3 billion by 2031, growing at a CAGR of 12.8% from 2024 to 2031.
3D printing filament is a form of thermoplastic material utilized in 3D printers as a feedstock for fused deposition modelling technology. It is the most used filament in printers due to its affordability, ease of use, and non-toxic properties. There are different types of filaments, some of which include acetonitrile butadiene styrene, polylactic acid, high impact polystyrene, nylon, polyvinyl alcohol, thermoplastic polyurethane, and acrylonitrile styrene acrylate. The filament is utilized for diverse applications, including prototyping, manufacturing, medical devices, and consumer goods.
Increase in the utility of 3D printers across diverse sectors such as automotive, healthcare, aerospace, and consumer goods, is a major driver of the 3D printing filament market. In addition, advancements in technology have led to improvements in the efficacy of the filament, offering enhanced durability, and better quality during the printing process. This is further augmenting the market growth. With growing adoption of 3D printers and rising environmental concerns, the usage of eco-friendly 3D printing filaments is trending. Such eco-friendly filaments include recycled polyethylene terephthalate and bio-based or biodegradable filaments such as those derived from cassava, cornstarch, and sugar beets.
However, several 3D filaments such as polylactic acid and acrylonitrile butadiene styrene lack the intense mechanical strength required in robust industrial applications. This limits the adoption of filaments and hampers the growth of the 3D printing filament market. Moreover, the utility of 3D printing filaments is subject to stringent government regulations in different regions, which presents challenges for the expansion of the market across various sectors. For instance, the Federal Food, Drug, and Cosmetic Act in the U.S. strictly monitors the materials that involve close contact with drugs, food, or cosmetics. Hence, the usage of 3D printed objects for these substances depends upon compliance with the guidelines established by the Food and Drug Administration.
Segment Review
The 3D printing filament market is segmented into material type, end-use industry, and region. On the basis of material type, the market is divided into metals, plastics, alloys, and ceramics. Depending on end-use industry, it is classified into automotive, aerospace & aviation, household equipment, petrochemical, medical, electronics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of material type, the plastics segment is expected to maintain its lead position during the forecast period.
Depending on end-use industry, the aerospace segment is anticipated to acquire a high stake in the market during the forecast period.
Region wise, North America is projected to be the highest revenue generator by 2031.
Competition Analysis
The leading players operating in the global 3D printing filament market include American Filament, TREED FILAMENTS, EU3dfuel, Shenzhen ECO Industrial Co., Ltd., Eureka Technologies Inc., Atomic Filament, Precision 3D Filament, Spectrum Filaments, AlmightyFila, and DUCHOFILLA. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
3D printing filament is a form of thermoplastic material utilized in 3D printers as a feedstock for fused deposition modelling technology. It is the most used filament in printers due to its affordability, ease of use, and non-toxic properties. There are different types of filaments, some of which include acetonitrile butadiene styrene, polylactic acid, high impact polystyrene, nylon, polyvinyl alcohol, thermoplastic polyurethane, and acrylonitrile styrene acrylate. The filament is utilized for diverse applications, including prototyping, manufacturing, medical devices, and consumer goods.
Increase in the utility of 3D printers across diverse sectors such as automotive, healthcare, aerospace, and consumer goods, is a major driver of the 3D printing filament market. In addition, advancements in technology have led to improvements in the efficacy of the filament, offering enhanced durability, and better quality during the printing process. This is further augmenting the market growth. With growing adoption of 3D printers and rising environmental concerns, the usage of eco-friendly 3D printing filaments is trending. Such eco-friendly filaments include recycled polyethylene terephthalate and bio-based or biodegradable filaments such as those derived from cassava, cornstarch, and sugar beets.
However, several 3D filaments such as polylactic acid and acrylonitrile butadiene styrene lack the intense mechanical strength required in robust industrial applications. This limits the adoption of filaments and hampers the growth of the 3D printing filament market. Moreover, the utility of 3D printing filaments is subject to stringent government regulations in different regions, which presents challenges for the expansion of the market across various sectors. For instance, the Federal Food, Drug, and Cosmetic Act in the U.S. strictly monitors the materials that involve close contact with drugs, food, or cosmetics. Hence, the usage of 3D printed objects for these substances depends upon compliance with the guidelines established by the Food and Drug Administration.
Segment Review
The 3D printing filament market is segmented into material type, end-use industry, and region. On the basis of material type, the market is divided into metals, plastics, alloys, and ceramics. Depending on end-use industry, it is classified into automotive, aerospace & aviation, household equipment, petrochemical, medical, electronics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Findings
On the basis of material type, the plastics segment is expected to maintain its lead position during the forecast period.
Depending on end-use industry, the aerospace segment is anticipated to acquire a high stake in the market during the forecast period.
Region wise, North America is projected to be the highest revenue generator by 2031.
Competition Analysis
The leading players operating in the global 3D printing filament market include American Filament, TREED FILAMENTS, EU3dfuel, Shenzhen ECO Industrial Co., Ltd., Eureka Technologies Inc., Atomic Filament, Precision 3D Filament, Spectrum Filaments, AlmightyFila, and DUCHOFILLA. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.
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Key Market Segments
By Material Type
- Metals
- Plastics
- Alloys
- Ceramics
By End-Use Industry
- Automotive
- Aerospace and Aviation
- Household Equipment
- Petrochemical
- Medical
- Electronics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
- American Filament
- TREED FILAMENTS
- EU3dfuel
- Shenzhen ECO Industrial Co.,Ltd.
- Eureka Technologies Inc.
- Atomic Filament
- Precision 3D Filament
- Spectrum Filaments
- AlmightyFila
- DUCHOFILLA,
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: 3D PRINTING FILAMENT MARKET, BY MATERIAL TYPE
CHAPTER 5: 3D PRINTING FILAMENT MARKET, BY END-USE INDUSTRY
CHAPTER 6: 3D PRINTING FILAMENT MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
Key Market Players in the 3D Printing Filament Market include:- American Filament
- TREED FILAMENTS
- EU3dfuel
- Shenzhen ECO Industrial Co.,Ltd.
- Eureka Technologies Inc.
- Atomic Filament
- Precision 3D Filament
- Spectrum Filaments
- AlmightyFila
- DUCHOFILLA,
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 350 |
| Published | July 2024 |
| Forecast Period | 2023 - 2031 |
| Estimated Market Value ( USD | $ 0.9 billion |
| Forecasted Market Value ( USD | $ 2.3 billion |
| Compound Annual Growth Rate | 12.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
