“The global 3D printing ceramics market is anticipated to surpass USD 390 million by 2030 while growing at a lucrative CAGR of 32.7% during the forecast period from 2020 to 2030”, says Visiongain
08 January 2020
Visiongain’s new report 3D Printing Ceramics Market Report 2020-2030: Forecasts by Type (Glass, Fused Silica, Quartz, Other Types), Form (Filament, Liquid, Powder), End User (Aerospace & Defense, Automotive, Consumer Goods & Electronics, Healthcare, Construction & Manufacturing, Other End Users), by region and analysis of leading companies operating in this industry.
Ceramic powders are used primarily for printing plates, cups and other items of cutlery. Ceramic prototypes are also used in the aerospace and automotive industries in high-temperature applications. One of the ceramic powder's new uses is the 3D printing of medical implants. Ceramic powders are used in the patient-specific implant (PSI) 3D prototyping. The growing research for their use in bone implants is anticipated to boost 3D printing ceramics market growth over the forecast period. Also, numerous other products are being tested for their use in the construction sector as well as in several other emerging applications, such as alumina-silica powder & glazed ceramics.
The 3D ceramic printing industry is in its initial stage of growth and faces many challenges. One of the main problems is the high melting point of ceramics. However, researchers are working on new materials to address these challenges. Some of the challenges for market players are high printing costs due to low mass production and less development compared to plastics and metals. Emerging health care applications are expected to create new opportunities for revenue generation over the forecast period.
It is anticipated that the medical sector will create many opportunities for investors. In the year 2018, the medical sector accounted for almost 35% market volume. 3D printing capabilities make it possible to manufacture complex medical components. A growing population coupled with rising healthcare needs is anticipated to fuel market demand for numerous medical components.
It is projected that other sectors including electronics, energy, marine and automotive will contribute to the demand for ceramic-based 3D printed finished products. It is anticipated that high-resolution systems & techniques such as ceramic injection molding (CIM) will drive the finished product batch production.
In the year 2018, North America dominated the 3D printing ceramics market owing to the presence of several small and medium-sized aerospace component manufacturing companies. Growing commercial and military aircraft production is fueling market growth in this region. Also, the demand for passenger and freight aircraft is likely to increase by over 37,000 units over the next 20 years, according to reports by Airbus.
The European 3D printing ceramics market holds a significant position in the global market and is expected to grow rapidly over the forecast period. A large number of automobile and aerospace component manufacturers are located in countries like France and Germany. Thus, over the forecast period, demand for such components is expected to remain a key growth factor for the European 3D printing ceramics market.
However, the Asia Pacific region is projected to witness the highest demand over the forecast period owing to increasing investment in the healthcare industry coupled with the growing population. Economies such as India, Japan, and China are anticipated to offer lucrative opportunities for revenue generation for 3D printing ceramics companies.
Some of the key 3D Printing Ceramics market players include 3D Ceram, 3D Systems Corporation, Additive Elements GmbH, Arcam EBM, CRP Group, Desamanera S.r.l., DSM, Emerging Objects, EOS GmbH Electro Optical Systems, Exone GmbH, Lithoz GmbH, Materialise NV, Organovo Holdings Inc., PRODWAYS, Renishaw PLC, Shapeways, Inc., Steinbach AG, Stratasys, Ltd., Tethon 3D, and Viridis 3D LLC among other prominent players.
Notes for Editors
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Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
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