3D Printing Filament Market Growth Accelerated by Increasing Adoption of 3D Printing in Various Industries
3D Printing extrusion materials are filaments or powders that are used in 3D printers for construction and manufacturing of objects through additive manufacturing. They provide advantages such as versatility in production, complex designs, reduced wastage, and quick production compared to conventional manufacturing. The global 3D Printing Extrusion Materials Market is estimated to be valued at US$ 5.2 billion in 2023 and is expected to exhibit a CAGR of 19.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of 3D printing across various industries such as automotive, aerospace, consumer goods, healthcare, education and others has been a major factor driving the growth of 3D printing extrusion materials market. 3D printing enables low volume production and prototype development at reduced costs. It provides complex designs and customized solutions to industries. With continuous te...