December 27, 2019
According to the research report titled ‘Ceramic 3D Printing Market Size By Form (Powder, Resin, Filament), By Application (Rapid Prototyping, Tooling, Part Production), By Industry (Healthcare, Aerospace & Defense, Automotive), Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available at MarketStudyReport.com, the global ceramic 3D printing market is expected to cross USD 115 million by the year 2025.
Rising adoption of ceramic parts in aerospace, defense, and healthcare segments is the major factor driving the ceramic 3D printing market growth. 3D printing technologies offer benefits such as tape casting, injection molding, and die pressing as compared to conventional technologies. Moreover, ceramic parts made from conventional technologies require longer processing time and high costs which in turn limit their use in complex geometries. Thus, ceramic 3D printing provide ease of fabrication as well as reduce material wastage, which in turn is aiding the expansion of the market. Increasing R&D activities, coupled with development of ceramic materials for industrial applications are also stimulating the market outlook.
As per form type, ceramic 3D printing market from filament segment will register considerable growth in the upcoming years, owing to easy availability of various filaments such as zetamix. Ceramic filaments are used extensively in medical implants and art projects. Additionally, development of environment friendly filaments like Polylactic Acid (PLA) which improve aesthetics of fabricated parts will fuel the segmental growth.
Based on application spectrum, rapid prototyping segment is expected to dominate ceramic 3D printing market with over 50% share during the analysis period. Development of LCM (Lithography-based Ceramic Manufacturing) technology which helps end-users to overcome demolding and die lock issues in ceramic parts will augment the industry outlook.
By industry, ceramic 3D printing market from aerospace & defense sector will grow substantially over the forecast timeline. Use of 3D printed ceramics improve the performance of aircrafts as they are hard and lightweight. On the other hand, the report cites that healthcare segment will show substantial growth due to increasing R&D investments, coupled with rising usage in various medical applications.
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Considering geographical landscape, North America ceramic 3D printing market will hold the largest volume share during the forecast period. Surging need for lightweight airliners with high fuel efficiency and introduction of various ceramic resins in art industry will augment the demand for 3D printed ceramics across the region.
The prominent companies operating in ceramic 3D printing industry are 3D Ceram, Tethon 3D, Steinbach AG, Prodways, ExOne, Lithoz, Emerging Objects, FormLabs, Inc. and Admatec among others.
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