3D Printing Filament Market To Reach $7,082.0 Million by 2030
The 3D printing filament market stood at $693.1 million in 2019, and will reach $7,082.0 million by 2030, registering a 26.8% CAGR during 2020–2030 (forecast period). This growth can be ascribed to the rapid adoption of 3D printing technology in end-use industries like aerospace, automotive, and manufacturing. Application of filament in 3D printing allows the production of durable and lightweight components and parts. Moreover, the filaments aid in developing intricate and sophisticated designs on the components.
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