August 24, 2021
According to the research literature 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 with Market Study Report, global ceramic 3D printing market is projected to exceed a valuation of USD 115 million by the end of the forecast period 2019-2025.
Growing adoption of additive ceramic parts in various verticals, especially aerospace & defense and healthcare industries, is accelerating global ceramic 3D printing industry expansion. Moreover, surging research and development investments in this field are anticipated to present new opportunities for businesses in the upcoming years.
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On the contrary, low awareness about additive ceramics and availability of substitutes will negatively impact the industry growth over the analysis period, claims the study.
Based on form, filament segment will record strong growth over the analysis period, creditable to wide availability of several filaments including zetamix. Ceramic films are prominently utilized in art projects and medical implants. In addition to this, emergence of new filaments like polylactic acid-based ones that are eco-friendly and impart better aesthetics to fabricated parts are favoring the segmental expansion.
Considering applications scope, rapid prototyping segment is anticipated to captured more than half of the overall ceramic 3D printing market share by 2025. This can be ascribed to advancements in technologies such as lithography-based ceramic manufacturing which allow end-users to eliminate die lock and demolding issues in ceramic parts. Moreover, such technologies enable manufacturers to manufacture low quantity OEM parts at reasonable costs.
Speaking of industry, healthcare segment is set to record a healthy growth rate over the forecast period owing to increasing implementation of 3D printed ceramics in various medical applications like prototyping of dental and patient-specific implants. Besides, R&D investments will continue to complement the segment growth in the upcoming years.
On the geographical front, North America ceramic 3D printing industry valuation will witness a significant spike during 2019-2025. Surging demand for lightweight aircrafts to improve fuel efficiency along with launch of new ceramic resins for fabricating art pieces are majorly contributing to regional market development.
Key contenders influencing the industry trends are Tethon3D, Steinbach AG, Prodways Group, Lithoz GmbH, Formlabs Inc., ExOne Co., Emerging Objects, Admatec BV, and 3DCeram.