3D printing filament acquisition

Polyolefins producer Braskem has acquired taulman3D, which supplies a range of filaments for 3D printing.

These include carbon fiber and glass fiber nylon filament, the company said.

Braskem already produces a range of filaments made from polyethylene (PE), polypropylene (PP), carbon fiber, glass fiber and recycled polymers, as well as pellets and powders designed specifically for 3D printing applications.

“With projections for the 3D printing industry expected to grow from $15 billion today to $78 billion by 2030 – growing at an estimated 20% CAGR – we see enhanced opportunities to serve this rapidly growing demand,” said Jason Vagnozzi, global commercial director of additive manufacturing at Braskem. “Today’s acquisition doubles Braskem’s market share in the additive manufacturing market and further accelerates our growth strategy.”