Ceramic 3D Printing Market 2019 to 2025, key industry players & growth trends
Global Market Insights, Inc. has recently added a report on Ceramic 3D Printing Market which
provides a succinct analysis of the market size, revenue forecast, and the
regional landscape of this industry. The report also highlights the major challenges
and current growth strategies adopted by the prominent companies that are a
part of the dynamic competitive spectrum of this business sphere.
Global ceramic 3D printing market share will
be fueled by surging demand for ceramic parts across various industries such as
engineering, electronics, biomedical, chemicals, and aerospace. The product is
widely used in high-temperature environments due to superior thermal stability.
Traditional subtractive manufacturing (SM) produces the product by removing
materials from large stocks and are considerably expensive due to
time-consuming processes and wastage of input materials.
Ceramic additive manufacturing facilitates
users to fabricate the parts with more than 90% reduced time of production when
compared to conventional methods, while also aimed at reducing the wastage of
materials. 3D printing with ceramics carry unique material properties that make
it suitable for use across fields. These properties allow freedom with design
for creating complex geometries that can be tricky and impossible with the use
of traditional manufacturing processes.
Moreover, along with diverse applications, the
technique also carries low-to-zero material wastage ratio, making it a more
viable option. Mentioned below are few factors outlining ceramic 3D printing
market trends over 2019-2025:
Booming healthcare sector worldwide
In terms of application spectrum, ceramic 3D
printing market is classified into tooling, rapid prototyping, and part
production. 3D prototyping of patient specific implants will emerge as a
lucrative application segment of ceramic 3D printing technology in the coming
years. According to reports, healthcare sector is projected to generate more
than USD 50 million towards global ceramic 3D printing industry share with the
usage of ceramic parts and substrates in medical equipment.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/ceramic-3d-printing-market
Robust healthcare sector and the increased occurrence
of chronic diseases have led to technological advances and innovations in the
field. Rise in disposable income among people across the globe has steered the
healthcare industry towards adopting updated and reliable medical procedures.
The use of gold, stainless steel, and tantalum based metallic implants is
witnessing widespread use in knee and hip prosthetics and cranial procedures.
Glass-ceramics showcased high-bioactivity and
biocompatibility in patient-specific implants owing to their non-reactive and
sterile nature. Moreover, ceramic thick film circuits and substrates are
extensively used in medical electronics due to their superior thermal
resistance characteristics and high mechanical strength. Undoubtedly, a growing
demand for a strong healthcare structure and medical devices will amplify
ceramic 3D printing market forecast.
Rising demand for filaments-based
ceramics
With respect to the different forms of ceramic
3D printing, filament form is poised to experience significant growth of more
than 30% CAGR between 2019-2025 due to the development of different ceramic
filaments such as zetamix and lay-ceramic. Zetamix is suitable for application
in FDM technologies.
It facilitates printing of parts with
filaments that comprise more than 80% weight ceramic or metal powder and
enables manufacturing of pure ceramic parts after sintering and debinding.
Research and innovations in the development of filament-based ceramics will
support additive manufacturing adoption.
Adoption across Europe’s automobile sector
Regionally, Europe is anticipated to account
for over 30% of global ceramic 3D printing market share by 2025, owing to the
prevalence of many automobile and aircraft parts manufacturers in the region.
Launch of various resin forms for the European market along with research and
development projects, for example, Cell3Ditor project, which is supported by
the European Commission, will bolster the market penetration over the years.
Cellular 3D project is backed by Fuel Cells
Hydrogen Joint Undertaking in order to develop additive production technology
for use in solid oxide fuel cell (SOFC) stacks industrial production.
Furthermore, high disposable income has led to people in the region spending
more on luxurious items such as tableware and ornamental ware.
From vases, utensils to dinnerware, the use of
ceramics in the making of such items ensures natural longevity and facilitates
intricate designing thereby leading to an upsurge in the product demand across
the region.
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Global
Market Insights, Inc., headquartered in Delaware, U.S., is a global market
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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Ceramic 3D Printing Market 2019 to 2025, key industry players & growth trends
Reviewed by snehal
on
October 18, 2019
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