May 31, 2021
As cited by the research report titled ‘Global 3D Printing Ceramics Market Size study, by Material Type (Oxide based, Non-Oxide Based) by End-use Industry (Aerospace & Defence, Healthcare, Automotive, Consumer Goods, Electronic, Construction) by Form (Filament, Powder, Liquid/Slurry) by Application and Regional Forecasts 2020-2027’, available with Market Study Report, global 3D printing ceramics market was remunerated at USD 27.6 million in 2019 and is projected to grow with a CAGR of 34% over 2020-2027 to be appraised at USD 287 million by the end of study duration.
Increasing use of 3D printing in healthcare sector for manufacturing custom bone implants as well as vocal implants due to advancements of bio ceramics is driving the growth of global 3D printing ceramics market. Likewise, rising demand from aerospace & defense for manufacturing aircraft and other military equipment is augmenting the market outlook.
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For the record, ceramic 3D printing is a process of additive manufacturing physical object from a digital design by leveraging ceramics. It creates three-dimensional objects by means of layering method using computer-added design (CAD). Extensive usage of technology for producing consumer goods like kitchen utensils and tableware will further proliferate the market share.
However, high costs associated with 3D manufacturing is acting as a restraint for global 3D printing ceramics industry expansion.
Based on material type, the industry is segmented into oxide based and non-oxide based. Speaking of end user spectrum, worldwide 3D printing ceramics marketplace is divided into healthcare, aerospace & defense, automotive, electronics, consumer goods, and construction. On the basis of form, the industry space is classified into filament, liquid/slurry, and powder.
Geographically, Asia Pacific, Europe, North America, and Latin America are the key contributors to worldwide 3D printing ceramics industry valuation. Of these, North America accounted for modest market share in the past year, owing to escalating production of military and commercial aircrafts due to presence of many military components manufacturers in the region.
Whereas, Asia Pacific market is likely to exhibit lucrative growth trends over the forecast duration, on account of rising investments in healthcare sector, along with booming population.
Leading players in global 3D printing ceramics industry include CeramTec, AON Co. Ltd., Johnson Matthey, 3D Systems Corp., Steinbach AG, Tethon 3D, Admatec Europe BV, 3Dresyns Company, ExOne, and 3DCeram SAS.