3D Printing Filament Market Regional Analysis:
North American Market Insights
North America region is estimated to hold 3D printing filament market share of over 38% by the end of 2035, 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 Insights
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.
