Chemical Industry Updates

  3D printing extrusion materials, also known as filaments, are plastic or metal materials used for additive manufacturing or 3D printing process. These materials are available in the form of filaments or pellets which are fed into a 3D printer through an extruder. Commonly used 3D printing extrusion materials include polylactic acid (PLA), acrylonitrile butadiene styrene (ABS), polyethylene terephthalate (PET), high-impact polystyrene (HIPS), nylon, and wax among others. They are used to manufacture various prototypes, functional parts, and finished goods across industries due to advantages like reduced waste, mass customization, and complex 3D geometries manufacturing. The global 3D printing extrusion materials market is estimated to be valued at US$ 4 billion in 2024 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 Opportunity: The opportunity in healthcare applications is

  The global 3D Printing Extrusion Materials Market is estimated to be valued at US$ 12.77 Bn 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 Overview: 3D printing extrusion materials are used as feedstock in fused filament fabrication (FFF) process in 3D printing and provide mechanical strength, durability and temperature resistance to 3D printed objects. Common 3D printing extrusion materials include thermoplastics like acrylonitrile butadiene styrene (ABS), polylactic acid (PLA) and high-performance polymers. Market key trends: One of the key trends gaining traction in the  3D printing extrusion materials market  is growing demand for bioplastic materials like polylactic acid (PLA) and polyhydroxyalkanoates (PHA). Bioplastics are produced from renewable feedstock like corn, sugar cane or Microbial fermentation and offers sustainability benefits over conventional petro