Increasing demand for the Multifilament 3D Printing Filament in various industrial end-use verticals, coupled with high investment in RD of the 3D Printing Filament market, are fueling the market growth.
3D Printing Filament Market Size – USD 9.79 Billion in 2019, Growth - CAGR of 8.7%, Trends – Increase in demand for 3D Printing Filament in the additive manufacturing or 3D printing.
The Global 3D Printing Filament Market is forecast to reach USD 19.22 Billion by 2027, according to a new report by Reports and Data. Nylon belongs to the family of aliphatic or semi-aromatic based synthetic polymers, known as polyamides. Nylon is a silk-textured, synthetic thermoplastic material which can be changed into the shape of fibers, films, and filaments. 3D Printing Filament are synthetic filament made of nylon fiber, and the chemical composition, structures, and properties are modified during the manufacturing and designed for industrial end-uses. The 3D Printing Filament hold extreme or infinite length and designed to withstand added or extended tensile strength than that of 3D Printing Filament. The continuous growth of the 3D printing techniques, ropes, industrial equipment, automotive parts, tire industry, and industrial machineries, to name a few are expected to drive the demand throughout the forecast period primarily.
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Top Companies: DuPont de Nemours, Inc., BASF SE, Li Peng Enterprise Co. Ltd., Ultimaker BV, Nylstar SA, Ultimaker BV, Ascend Performance Materials, Reliance Industries Limited, Zig Sheng Industrial Co., Ltd., and Esun Industrial Co., Ltd., among others.
Further Key Finding from the Report Suggestion:
- Fully Drawn Yarn (FDY) is a kind of highly drawn polyester filament yarn, which may be implemented to produce high strength textiles. Fully drawn yarn is usually used for better quality fabric. Moreover, as the process of texturizing is avoided, this product type yields higher contribution in comparison to the partially oriented yarns.
- 3D Printing Filament are extremely durable and offer great strength to flexibility ratio. Usage of this filaments in additive traditional manufacturing not only invents new mechanical opportunities but also reduces the overall weight of the parts and gas emissions. 3D Printing Filament are widely used for semi-flexible components mechanical parts since its wear, chemical, and UV resistance is higher compared with basic 3D printing plastics such as Polylactic Acid (PLA), Acrylonitrile Butadiene Styrene (ABS).
- Bulked Continuous Filament (BCF) 3D Printing Filament combines the properties of nylon and renders added abrasion-resistance durability with bulkiness resulting from a three-dimensional random and crimping process implemented in each individual fiber filament. It is used in the products ranging from uses in automobile industrial products.
- North America is forecasted to witness significant growth in the overall market due to its increasing demand for multifilament 3D Printing filament, having grown at a CAGR of 8.6% during the forecast period. US possesses the highest market share in this region and some of the vital players of the market.
Market Overview:
Consumers are placing a higher importance on sustainability and, as a result, are choosing items based on factors like circularity and carbon footprint. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency, and transportation decarbonization. These developments have had considerable impact on chemical end sectors, particularly in the automobile and construction industries. COVID-19 has exacerbated the situation by lowering the automobile and construction industries (as well as many others) and disrupting current supply lines.
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3D Printing Filament Market Key Features:
3D Printing filament is a type of synthetic polymer filament that is widely used in various industrial applications, including 3D printing, textiles, and packaging. Some key features of the 3D Printing filament market are:
- High strength and durability: 3D Printing filament is known for its high strength and durability, which makes it a popular choice for applications that require strong and long-lasting materials.
- Versatility: 3D Printing filament can be used in a variety of applications, including textile and apparel production, 3D printing, and packaging.
- Chemical resistance: 3D Printing filament is resistant to many chemicals, including oils, solvents, and acids, which makes it well-suited for use in applications that require resistance to chemicals.
- Moisture resistance: 3D Printing filament has low water absorption, which makes it ideal for use in applications that require moisture resistance.
- Cost-effectiveness: 3D Printing filament is generally less expensive than other high-performance filaments, such as carbon fiber and Kevlar, which makes it a cost-effective choice for many industrial applications.
The global 3D Printing Filament market is segmented into:
Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Nylon 6
- Nylon 6,6
- Others
Type of Filament Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Flat
- Partially Oriented Yarn (POY)
- Fully Drawn Yarn (FDY)
- Drawn Textured Yarn (DTY)
- High Speed Yarn (HSY)
- Others
Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Monofilament
- Multifilament
End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Additive Manufacturing
- Automotive Tire Industries
- Industrial Machineries
- Mechanical Parts Rope
- Others
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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