Trader logo

Ceramic 3D Printing Market Trends 2020

Key trends in the ceramic 3d printing industry and future growth potential

By Nidhi KumariPublished 4 years ago 3 min read
1

From pottery to kitchenware Ceramic is a huge part of our lives and is widely used in various industries. Ceramic 3D printing is a manufacturing process in which a digital file of pottery is converted into a real-life three-dimensional earthenware, stoneware or porcelain. It is done with the help of an additive process in which successive layers of materials are laid down until the object is created. Each layer represents the horizontal cross-section of the final object. These cross-sections are what frame up to become the 3d ceramic. What is special about 3d printing is that it enables the manufacturer to produce complex shapes with much less material than traditional manufacturing methods. 3d printing is an idea of becoming a thing.

Ceramic items are used in almost all forms of industry, from house decoration to interior planning and from the aerospace industry to the dental materials ceramics are the basic bridge maker between demand and supply. This heavy demand for ceramics compelled the manufacturers to shift to faster and more efficient technology. This is where the ceramic industry started to use 3d printing methods. According to a study published in markets and markets, the ceramic 3d printing market is estimated to be valued at USD 27.8 million in 2015 globally and it is expected to reach USD 131.5 million by 2021. The compound annual growth rate(CAGR) for this industry is estimated to be 29.6% from 2016 to 2021. From the perspective of end-users, aerospace and defense held the largest share of this industry followed by healthcare sectors. For aerospace and defense, the invention of new material for prototyping and latest technological advancement has played an important role. In the healthcare sector, dental equipment and orthopedics implant holds the main position. Surgical equipment and tissue engineering products also add to it.

From the regional point of perspective, North America is leading the industry from 2016 to 2021. In US 3D Systems ProX DMP 200 Dental is the key product in manufacturing ceramic aids. Another company DMM system also holds an important position in the US as well as the global market. It primarily works on ceramic molds and cores. The compound annual growth rate will be highest for this period in the Asia-pacific region. Automotive and consumer goods and electronics sectors will be playing a major role in keeping CAGR at a higher pace. The types of ceramic include powder, liquids (pastes and gel) and filament. From this perspective, powder is highly used by the end-users e.g. for laser sintering technology for commercial applications followed by liquid ceramics which is used for prototyping applications. The market for ceramics filaments is very small comparatively and has been promoted by a small number of players. In Germany AIM3D ExAM this is the product that has revolutionized the market trend of ceramic 3d printers. Its parent company works on pellet extruders making a firm place in German and global ceramic 3D market. The other leading groups in the global ceramic 3D printing market are Lithoz Admatec, ExOne, Admatec. Emerging Objects Formlabs Inc. The report titled, “Ceramics Additive Manufacturing Markets 2017-2028” projects that the ceramics 3D printing market is expected to generate overall revenues for over $3.6 billion, driven by strong CAGR in end-use part production The total market forecast for ceramics AM is expected to rise from 98 million $ for 2017, to 139 million$ for 2018, 185 million$ for 2019, 268 million$ for 2020, 402 million$ for 2021,508 million$ for 2022, 745 million$ for 2023,1.7billion$ for 2024, 1.8 billion$ for 2025, 2.5 billion$ for 2026 and finally to 3.6 billion$ in 2028.

investing
1

About the Creator

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.