3D Printing Material PLA Filament Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 11.2% from 2024 to 2030.
The global market for 3D printing PLA filament was valued at approximately USD 830 million in 2022, with expectations to reach around USD 1.4 billion by 2027. This growth reflects a compound annual growth rate (CAGR) of about 11.1% from 2022 to 2027. The expanding adoption of 3D printing technologies across various industries, including automotive, healthcare, and consumer goods, drives this robust market expansion. PLA (Polylactic Acid) filament’s popularity is largely attributed to its eco-friendly characteristics and ease of use, which further fuels market demand. As more sectors explore the benefits of 3D printing for prototyping and production, the need for PLA filament is expected to rise significantly.
Emerging markets in Asia-Pacific and Latin America are anticipated to present substantial growth opportunities for PLA filament suppliers. The rising industrialization, coupled with increasing investments in 3D printing infrastructure, is likely to enhance market potential in these regions. The growing awareness of sustainable manufacturing practices and the cost-effectiveness of PLA filament are driving adoption in these emerging markets. Additionally, advancements in 3D printing technology and material science are expected to create new avenues for market expansion and innovation, contributing to the overall positive market outlook.
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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, Japan, 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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