Global 3D Printing Material PLA Filament Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030.
The 3D printing material PLA filament market has witnessed a remarkable growth trajectory in recent years, driven by the rising popularity of 3D printing technology across industries. PLA, or polylactic acid, stands as one of the most widely used materials in 3D printing, particularly because of its biodegradable nature, ease of use, and excellent print quality. The material is derived from renewable resources like corn starch or sugarcane, which makes it an eco-friendly alternative compared to other petroleum-based filaments.
The demand for PLA filament has surged as 3D printing finds applications in diverse sectors, including automotive, aerospace, medical, and consumer products. PLA's advantages, such as its low printing temperature and minimal warping, make it an ideal choice for both beginners and experienced users. In 2024, the global PLA filament market was valued at over $1 billion, and analysts project it will continue to grow at a steady compound annual growth rate (CAGR) of around 20% over the next five years.
In addition to the environmental benefits, PLA filament offers exceptional surface finishes and vibrant colors, making it ideal for both functional and aesthetic 3D printed objects. The versatility of PLA allows for rapid prototyping, product testing, and even small-batch production runs, providing businesses with an agile solution to product development. As more industries recognize the value of 3D printing, PLA filament continues to emerge as a go-to material, with manufacturers offering a variety of colors and blends to cater to specific needs.
The growth of online 3D printing communities has further fueled the rise in PLA filament usage, with enthusiasts sharing tips, troubleshooting advice, and innovative ideas for new applications. Platforms such as Reddit and Quora feature active discussions about the material’s properties, helping to spread knowledge and generate interest among hobbyists and professionals alike.
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eSUN
Inland
Hatchbox
Eryone
Prusament
Overture
Amolen
Sunlu
FormFutura
Polymaker
ProtoPasta
MatterHackers
Fillamentum
ColorFabb
Paramount 3D
BASF
Mitsubishi Chemical
Clariant
Meltink 3D
Advanc3D Materials
SIMONA AG
MG Chemicals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global 3D Printing Material PLA Filament Market
Automobile Industry
Medical Industry
Electronic Product
Others
Based on Types the Market is categorized into Below types that held the largest 3D Printing Material PLA Filament market share In 2023.
1.75 mm
2.85 mm
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global 3D Printing Material PLA Filament Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 3D Printing Material PLA Filament Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 3D Printing Material PLA Filament Market, By Type
6. Global 3D Printing Material PLA Filament Market, By Application
7. Global 3D Printing Material PLA Filament Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global 3D Printing Material PLA Filament Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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