Global 3D Printing Filament Market: Industry Analysis and Forecast (2020-2026)Posted by manoj jagtap on April 12th, 2021 Global 3D Printing Filament Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2026 at a CAGR of 28% during the forecast period. The 3D printing technology has developed over the years, which has diverse applications in automotive and electronic industries. 3D filaments are materials used for 3D printing. These 3D filaments are available in several types with different properties. The report covers the detailed analysis of the global 3D printing filament industry with the classifications of the market on the basis type, end-use industry and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region. Global 3D Printing Filament Market by region Global 3D Printing Filament Market Dynamics The MMR Report provides a detailed study for major growth drivers and described its growth rate by region and country basis. The growth in demand from increasing applications in aerospace and defense industry for design communication and prototyping, is the primary growth driver for the global 3D printing filament market. Additionally, increasing demand for high-quality print in automotive and industrial applications fuel the growth of global market. The report also educates about growth restraint factors. According to the recent studies by Illinois Institute of Technology 3D printer emits 200 Mn to 200 Bn tiny toxic particles per minutes. This is expected growth restraint factor, as it can penetrate to the lungs, cause irritation and can also reach the brain. Availability of bio-degradable 3D filaments has attracted attention of numerous companies, which is expected to create growth opportunities for the global 3D printing filament market during the forecast period. The plastic segment was valued at US$ XX Bn in 2019 with the largest shares of XX% in the global 3D printing filament market. The ABS and PLA are the most consumed type of plastics. The excellent capability of material with FDM materials and use in various applications, are expected to drive the growth of plastic segment during the forecast period. The Asia-Pacific held the largest shares of plastic segment in 2019. The low prices of plastic materials in the economies like China, India, Japan and South Korea fuels the growth of plastic segment in the Asia-Pacific. The plastics segment is expected to grow at a CAGR of XX% during the forecast period to reach US$ XX Bn by 2026. Global 3D Printing Filament Market by type The medical and dental segment is expected to dominate the global 3D printing filament market during the forecast period. The growth in demand from implants, prosthetics, medical devices and components, is primary growth driver for the medical and dental segment in the global 3D printing filament market. The medical and dental segment was valued at US$ XX Bn in 2019 and is expected grow at a CAGR XX% during the forecast period to reach US$ XX Bn by 2026. Global 3D Printing Filament Market by end use Global 3D Printing Filament Market North America held the largest shares of 3D printing filament market in 2019 and also expected to be remain larger during the forecast period. The North America was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2026 at a CAGR of XX% during the forecast period. The growth in demand mainly from the countries such Canada and the US due to growth in aerospace, medical and automotive industries, is the major growth driver for the 3D printing filament market in North America. The growing demand from the aerospace and defense industry for printing complex parts, such as jet wings, engine parts, space telescopes, metal guns and rocket parts, is expected to propel growth of the 3D printing filament market in North America. The report helps in understanding 3D printing filament market dynamics, structure, by analyzing the market segments and projects the 3D printing filament market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global 3D printing filament market make the report investor’s guide. The report provides the detailed study of the key players of the global 3D printing filament market with their growth by conserving past data. In addition to that, the report helps reader with the Company Profile, Company Overview, Financial Overview, Product Portfolio, Business Strategy, Recent Developments and Development Footprint analysis and growth strategies for each. For More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-3d-printing-filament-market/89618/ Global 3D Printing Filament Market, by Region • North America • 3D Systems Corporation This Report Is Submitted By : Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Like it? Share it! More by this author |