3D Printing Filament Market size was valued at USD 1.03 billion in 2024 and is expected to exceed USD 7.25 billion by the end of 2037, expanding at over 16.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of 3D printing filament is evaluated at USD 1.16 billion. The reason behind the growth is due to the growing production of automobiles across the globe driven by the increasing need for personal transportation, technology breakthroughs, and the expanding usage of artificial intelligence (AI), machine learning, and automation. For instance, more than 85 million motor vehicles were produced globally in 2022, a 5% increase from 2021.
The growing advancements in 3D printing are believed to fuel the market growth. For instance, virtual and augmented reality are being integrated with 3D printing technology to allow users to see how an item will seem once it has been manufactured, and enable designers to try out several color schemes and styles before settling on a certain design.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
16.2% |
Base Year Market Size (2024) |
USD 1.03 billion |
Forecast Year Market Size (2037) |
USD 7.25 billion |
Regional Scope |
|
Type (Plastics, Metals, Ceramics)
The plastics segment in the 3D printing filament market is estimated to gain a robust revenue share of 54% in the coming years impelled by the growing demand for thermoplastics. The increased need for lightweight and environmentally sustainable composite materials from the end-use industries has led to a rise in demand for thermoplastic from a variety of end-use industries, including aerospace, automotive, construction, and electrical and electronics. For instance, polypropylene (PP) had the largest demand share of thermoplastics in India in 2022, accounting for more than 30% of the total.
Thermoplastics are specialized plastics that are used in 3D printing such as nylon, also referred to as a synthetic thermoplastic linear polyamide that offers flexibility, resilience to corrosion, minimal friction, and durability making it a popular filament for 3D printing. It is extremely hygroscopic, which means that it should not be left out in the open. The primary benefits of 3D printing nylon include its superior abrasion resistance, good resistance against organic compounds such as fuel and oil, and toughness which makes it capable of being used to make tools, working prototypes, or mechanical parts such as buckles, gears, or hinges.
In addition, a range of materials, including titanium alloys, nickel, cobalt-chrome, aluminum, and stainless steel, are available as metal-filled filaments that are filled with metal powder to give it a shiny sheen and extra weight which aids in improving the quality of prints, and is often employed in the aerospace industry to print fuel nozzles and other vital engine components that demand extreme precision and accuracy. Metal powders such as bronze, copper, and magnetic iron are mixed with plastic materials such as PLA to create metal composite filaments which is quite popular as it's the simplest material to use for 3D printing.
End-user (Aerospace & Defense, Medical, Automotive, Electronics)
The aerospace & defense segment in the 3D printing filament market is set to garner a notable share shortly. The aerospace and defense industries' 3D printing filament exhibits a positive growth trend as it is extensively being utilized in additive manufacturing methods to create parts and components such as jet engine models, drone housing, and more for the defense and aerospace industries. In the past, 3D printing was mostly utilized in the aerospace industry for testing and prototyping however, today, it is applied across the whole lifetime of an aerospace component, including tools, end-use parts in jet engines, aircraft interiors, jigs for maintenance, and designs. Achieving weight savings of more than 45% is possible with 3D printing by creating parts with incredibly strong and lightweight constructions that are said to enhance the performance of airplanes and decrease fuel consumption.
In addition, for the additive production of medical components, 3D printing filaments are the best option which have also become significant in the fields of pharmaceutical and medical applications owing to the ability to quickly manufacture custom items that can be used in individualized treatment or medicine. Medical devices such as surgical guides, reference models, and patient-specific prostheses are printed using 3D printing technology, which makes the everyday job performed by medical experts much easier, enables them to save an increasing number of lives, and perform complex surgeries using precise, personalized bone structures of their patients. Moreover, dentistry could benefit from 3D printing as it is appropriate for use in dental implant surgery and is capable of producing stunning, high-precision, temporary 3D-printed crowns and bridges.
Furthermore, fused Filament Fabrication, or FFF, is one of the most widely utilized and well-liked 3D printing technologies in the automotive industry right now that uses filament to create pieces, and is one of the most widely used thermoplastic polymer additive manufacturing (AM) techniques.
Our in-depth analysis of the global 3D printing filament market includes the following segments:
Type |
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Plastic Type |
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End-User |
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North American Market Forecast
3D printing filament market in North America is predicted to account for the largest share of 38% by 2037 impelled by the growing spending in aerospace & defense industry. Owing to the increased demands for defense and security around the world, and an increase in global passenger traffic U.S. Department of Defense modernization spending in 2024 is probably going to stay at or above current high levels. Moreover, leading aerospace and military businesses are expanding their spending in engineering and R&D as a result of the industry's strong development in recent years.
For instance, US military spending increased by more than 2% to USD 800 billion from around USD 778 billion the previous year.
APAC Market Statistics
The Asia Pacific 3D printing filament market is estimated to be the second largest, during the forecast timeframe led by the increasing production of electronics impelled by technology adoption, increasing affordability, and sustainability. India's electronics sector has enormous growth potential, which may fuel the demand for 3D printing filament.
According to estimates, the Indian electronics sector produced around USD 101 billion worth of electronics in 2022–2023 compared to USD 25 billion in 2014–15.
Author Credits: Rajrani Baghel
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