Europe Filament Shredder Market

Europe Filament Shredder Market (2023-2033)

The Europe filament shredder market is anticipated to project a valuation of US$ 115.9 million in 2023 and further expand at a CAGR of 4.5% to reach US$ 180.4 million by the end of 2033.

Filament shredder is gaining traction, the growth is attributed to the growing 3D printing technology to print parts and various prototypes which leads to high waste generation, this in turn augments the filament shredder’s sales growth.

Report Attributes	Details
Market Size (2022A)	US$ 110.5 Million
Estimated Market Value (2023E)	US$ 115.9 Million
Forecasted Market Value (2033F)	US$ 180.4 Million
Europe Market Growth Rate (2023-2033)	~4.5% CAGR
Germany Market Growth Rate (2023-2033)	~4.9% CAGR
United Kingdom Market Share (2023)	~18.0%
France Market Growth Rate (2023-2033)	~5.1% CAGR
BENELUX Market Share (2023)	~9.2%
Key Companies Profiled	3devo B.V. Felfil Srl Others

Market Buoyancy Analysis

Old 3D prints can be destroyed with filament shredders as it easily turns filaments into pellets. Although relatively high in price, it has the unique ability to cut objects that have been printed in the past.

When it comes to recycling old filament, shredding and extruding are the two main steps in the procedure. The first stage involves getting the plastic ready for melting, while the second stage involves melting and reshaping the shredded plastic. The input plastics must have the same material qualities and the shreds must have the same size in order to produce a melted filament with a constant thickness and viscosity.

• Short-Term Growth Projection (2023-2026): Burgeoning utilization of filament shredders in filament and plastic recycling plants positively impacts the market growth.
• Medium-Term Growth Projection (2027-2029): Germany and UK are estimated to observe high demand for filament shredders on the back of the growing focus of manufacturers on using 3D printing to print prototypes, coupled with favorable government initiatives.
• Long-Term Growth Projection (2030-2033): Inclination towards recycling 100% of plastics along with innovation and upgradation will be responsible for increased demand in the long run.

Over the 2018-2022 historical period, the Europe filament shredder market registered a CAGR of 3.7%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.5% CAGR between 2023 and 2033.

Market share analysis of filament shredder based on mechanism and country is provided in a nutshell in the above image. Under the mechanism segment, the semi-automatic sub-segment is estimated to reach a market share of 64.0% in 2023.

“Increasing 3D Printing Activities to Bolster Demand”

The term "3D printing" refers to a broad range of methodologies, processes, and materials. The use of 3D printers is now relatively simple and doesn't require a lot of technical expertise. The pieces are converted into printable layers using a slicing program, and the machines are automatically configured to operate at their best.

Making a part via 3D printing entails first depositing molten plastic, then building up a part layer by layer. Advanced aircraft components to plastic trinkets are now routinely produced with 3D printing.

In order to reduce waste and preserve raw materials, 3D printing filaments must be recycled because they are not biodegradable. Green 3D printing, which entails reducing, reusing, and recycling extra plastic from failed prints, is a technique used by meticulous 3D printers.

“Harmful effects of Plastic Use May Hamper Market Growth”

Plastic is widely utilized in everyday things and has a wide range of uses. Plastics are not biodegradable, therefore they stay around for a very long period and pollute the land, water, and other habitats. Consuming plastic causes suffocation, a range of digestive problems, and frequently results in death of animals and fish. Millions of marine animal’s risk ingesting plastic, and many succumb each year as a result of plastic entanglement.

Due to their harmful impact on the environment and human health, consumers now prefer to use eco-friendly items. Many governments have established partial or complete bans on the use of plastic.

A ban on plastic use will lessen the need for plastic recycling, which could have a detrimental impact on the need for filament shredders.

Country-wise Insights

What are the factors driving the market’s growth across Germany?

Germany’s aerospace and defense sector is spending more money to create complex models and designs of essential components like circuit boards, spacer plates, and spare parts, which calls for the use of 3d printer filament recycler to effectively handle the leftover waste.

Germany is Europe’s largest 3D printing hub owing to the industries such as aerospace, automotive, industrial, and dental that have adopted the 3D printing process.

Audi, a German automaker has set up a 3D printing facility in Ingolstadt that will enable it to create several prototypes prior to the production of a vehicle.

The German market for filament shredder is expected to grow at a CAGR of 4.9% to reach a valuation of US$ 46.9 million by 2033.

What is the market scenario in the UK?

The UK accounted for the second-largest share of sales of filament shredders in Europe in 2023 due to a rise in manufacturing expenditures for toys, electronics, appliances, and other goods, including tools.

According to a survey, 10% of 3D prints in the UK alone end up as waste. When compared to the size of the 3D printing community, this sum is substantial.

The UK market for filament shredder is predicted to reach an estimation of US$ 20.9 million by 2023.

Category-wise Insights

Why is polypropylene dominating the market?

Polypropylene is a great material for 3D printing since it is light, waterproof, and robust. Common applications include frequently bending snaps and latches, as well as containers for food or beverages.

Excellent fatigue resistance, strong chemical resistance, and good interlayer bonding are polypropylene's three major strengths that are exploited during 3D printing.

Due to its exceptional fatigue resistance and hardness, PP 3D printing filament is one of the most widely used materials for creating live hinges. The medical and automotive industries utilize polypropylene a lot because of its strong chemical resistance to a variety of acids, bases, and solvents.

A 3D printing raw material that can be used is polypropylene filament. As the technological challenges associated with printing this thermoplastic are resolved, it is gaining acceptability and market share.

The polypropylene segment is estimated to be valued at US$ 77.7 Mn by the end of 2023 and is anticipated to grow at a CAGR of 4.6% from 2023-2033.

Why is the automatic filament shredder expected to grow during the forecast period?

Due to their increased efficiency, automatic filament shredders are becoming more and more popular. Automatic shredders have a conveyer belt that evenly feeds materials into the machine without the need for human intervention.

Automatic shredders have an automatic switch-off feature that turns the machine off when it is not in use, increasing machine safety and conserving energy.

Automatic filament shredder is to be valued at US$ 41.7 million in 2023 and is estimated to reach a valuation of US$ 68.6 million by 2033.

Key Stratagems by Market Players

Key manufacturers of filament shredders include 3devo B.V. and Felfil Srl.

Equipment performance in challenging environments is a goal for manufacturers. Players are focusing on improving their online presence and increasing their production capacity in order to reach a broader market.

Manufacturers of filament shredders are focusing on developing machines that maximize economic benefits by boosting productivity and conserving energy. Market leaders are also focusing on growing their supply chains and establishing long-term contracts with vendors in non-legacy areas.

Fact.MR has provided detailed information about the price points of key manufacturers of filament shredders positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Filament Shredder Industry Research

• By Filament Type :

  • PLA
  • ABS filament 
  • Nylon
  • PVA
  • Polypropylene
  • Others

• By Mechanism :

  • Semi-Automatic
  • Automatic

• By End-Users :

  • Aerospace & Defense
  • Medical and Dental
  • Automotive
  • Electronics
  • Others

• By Country :

  • Germany
  • France
  • UK
  • BENELUX
  • NORDIC
  • Italy
  • Spain
  • Rest of Europe