The ASA Filament 3D Printing Material market was valued at US US$59.179 million in 2020 and is expected to grow at a CAGR of 23.48% over the forecast period to reach a total market size of US$259.040 million by 2027.
In 3D printing, ASA filament is an amorphous thermoplastic polymer with the acronym ASA, or Acrylonitrile Styrene Acrylate. It is part of the category of materials called engineering materials. The petroleum derivative ASA is considered an engineering plastic due to its ability to remain resilient and present even under adverse conditions such as high temperatures, high humidity, and hot and cold weather. Due to its tendency to become hot during 3D printing, ASA is also more difficult to 3D print than ABS. The ASA parts, however, are extremely heat-resistant and durable. In addition to rigidity and strength, some of the parts made from ASA are more robust than those of ABS. As a result, it is commonly used in everyday objects that require stronger resistance, such as electrical installations, car parts, and toys. Today, 3D printer owners are increasingly using Luran® S, a material developed by manufacturer BASF Forward AM in 1970.
UV radiation is less damaging to 3D ASA plastic filament. In comparison to the most popular filaments in the community, this one is easier to print. Its properties make it a popular choice for industries such as automotive. ASA offers a number of advantages over other materials available for making automotive exterior parts, including a number of cost-effective features. ASA filament is commonly used in the automotives industry to construct parts such as bumper covers, housings for side view mirrors, dashboard holders, and grilles. For example, in May 2020, BigRep, the leading provider of additive manufacturing technologies and solutions, released ABS and ASA, two brand-new materials designed for automotive applications.
A variety of industries have used ASA successfully. As it is more resistant to UV radiation and harsh weather conditions than ABS plastic filament, it is preferred for outdoor applications. A variety of materials are used in 3D printing, including ASA plastic filament for printing automotive exterior parts, housewares, sports equipment, signage, lawn and garden equipment, and fixtures for outdoor areas. The 3D printed car industry is the biggest and most exciting use of this technology. Due to its ability to resist extreme weather conditions and impact, ASA is well-suited to constructing car exterior parts. As a result of its properties, ASA is cheaper and easier to mold than metal, and it will not rust or weaken over time, whether it is bumpers, mirrors, or entire body panels. 2.1 million electric cars were sold in 2019, breaking 2018's record. Increasing the global stock of electric cars to 7.2 million. Electric cars sales, averaging 2.6% of global car sales and 1% of the global stock in 2019, saw a 40% increase year on year. (Source: iea.org). The statistics demonstrate the increasing demand for EVs, an industry that uses 3D printing extensively. With 3D printed cars, ASA could reduce the cost of owning an automobile, and increase its longevity. Furthermore, companies continue to release products on the market. MakerBot, a company owned by Stratasys, announced the release of ASA (acrylonitrile styrene acrylate) in September 2019. The filament is MakerBot's latest Precision Materials collection for METHOD intended for use in outdoor applications where extreme weather conditions are expected, including automobile, power and gas, and oil and gas applications. A new line of delta FDM 3D printers by Czech company TRILAB is planned to launch in June 2021. The AzteQ Industrial is the first of this line. TRILAB puts a great deal of emphasis on the AzteQ's filament compatibility, declaring that this new machine can digitally print composite parts made of fibers, ASA, PC, and PP for industrial use. In November 2020, Filamentive, the leading manufacturer of recycled 3D printing materials, partnered up with 3D Printlife to deliver filaments to customers within the U.S. with same-day domestic shipping. In the US, the filament is launching with 3D Printlife on five of their most popular recycling materials: rPLA - composed of 55% recycled content, PLA Matte - made from 70% recycled PLA with a matte coating, rPETG containing 67% recycled material, rASA - 50% UV-resistant ASA recyclable filament.
However, there are some factors that impede the market growth. They include the fact that ASA filaments release dangerous fumes. They are more expensive than other filaments available on the market for 3D printing. They use higher extruder temperatures and require more energy to print. Also, parts may crack or warp, and may even sink when printed. The factors presented above may hinder the growth of the 3D printer filament market.
The Impact of COVID-19 on the ASA Filament 3D Printing Material Market Several manufacturing units of the end-users have slowed production in response to the COVID-19 outbreak, affecting the supply chain of 3D printing filaments. As the markets affected by the coronavirus is geographically located where it has the most impact, the 3D printing filament market, including the demand for ASA filament, has been slightly impacted by COVID-19. The 3D printing filaments headquarters and principal subsidiaries are located in the areas highly impacted by coronaviruses, so the COVID-19 negatively impacted the ASA Filament 3D Printing Market supply chain as demand was low and production slowed in many factories.
|Market size value in 2020||US$59.179 million|
|Market size value in 2027||US$259.040 million|
|Growth Rate||CAGR of 23.48% from 2020 to 2027|
|Forecast Unit (Value)||USD Million|
|Segments covered||Color, Diameter, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Fillamentum, 3D4Makers, 3DXTech, Rigid.ink|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the ASA filament 3d printing material market size by 2027?
A1. The ASA filament 3d printing material market is expected to reach a total market size of US$259.040 million by 2027.
Q2. What are the growth prospects for the ASA filament 3d printing material market?
A2. The global ASA filament 3d printing material market is expected to grow at a CAGR of 23.48% over the forecast period.
Q3. Who are the major players in the ASA filament 3d printing material market?
A3. Prominent key market players in the ASA filament 3d printing material market include Fillamentum, 3D4Makers, 3DXTech, Rigid. ink, among others.
Q4. What is the size of the ASA filament 3d printing material market?
A4. ASA Filament 3D Printing Material Market was valued at US$59.179 million in 2020.
Q5. How is the global ASA filament 3d printing material market segmented?
A5. The ASA filament 3d printing material market has been segmented by color, diameter, and geography.
*List is not exhaustive
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