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(Medical-NewsWire.com, September 13, 2021 ) Rapid increase in demand from end user industry for different applications are expected to drive the overall demand for 3D printing ceramics market in coming years. Increased research on bio-ceramics for their usage in bone implants is anticipated to significantly fuel the growth of the 3D printing ceramics market during the forecast period
The aerospace & defense segment accounted for the largest share of the 3D printing ceramics market. This large share is mainly attributed to the latest technological advancements and invention of new materials for prototyping as well as production in the aerospace & defense sector. Moreover, in the healthcare sector, ceramics are used in several medical products, such as dentures, surgical equipment, prosthetics & implants, and tissue engineering products, thereby propelling the applicability of 3D printing ceramics in this sector. However, growing demand for high-quality 3D printing ceramics that are certified by various governing bodies for medical applications is further driving the market for 3D printing ceramics in the healthcare sector. To add furthers, ceramics show better properties for bio medical applications such as bio degradability and less hazards with majority of its grades.
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Major forms for 3D printing ceramics include powder, liquids, and filaments in which powders have been highly used by the end users. Other factor adding to the growth of powders is the increasing demand for laser sintering technology for commercial applications. On the other hand, liquid ceramics in the form of pastes and gels are used in the productions of several products using stereolithography techniques which is widely used for prototyping applications. The market for ceramics filaments is very small comparatively and has been promoted by a small number of players.
North America is leading the 3D printing ceramics market size during the forecast period, owing to the increasing use of ceramics by varied end-use industries in this region. Major companies promoting 3D printing ceramics are coming from this region. On the other hand, 3D printing ceramics market in the Asia-Pacific region is expected to grow at the highest CAGR. This growth is mainly attributed to the increasing production activities in the automotive and consumer goods & electronics sectors.
Key market players include 3D Systems Corporation (U.S.), Viridis 3D LLC (U.S.), EOS GmbH Electro Optical Systems (Germany), Renishaw Plc (U.K.), Tethon 3D (U.S.), Stratasys Ltd. (U.S.), Lithoz GmbH (Austria), and Cerum 3D (U.S.), among others.
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3. Market Dynamics
3.1. Drivers
3.1.1. Increasing Demand for Product Modification and Development
3.1.2. Growing Demand for 3D Printing in Dental Industry
3.2. Challenges
3.2.1. Lesser Developments in Ceramics in Comparison to Metals and Plastics With Low Application Base
3.2.2. High Costs of 3D Printing Ceramics Due to Low Consumption Volumes
3.2.3. Low Acceptance Rate of New Technologies in Emerging Economies
3.2.4. Continuously Evolving 3D Printing Materials Market
3.3. Opportunities
3.3.1. Increased R&D Investments By Various End-Use Industries to Sustain in the Market
4. 3D Printing Ceramics Market, By Type
4.1. Glass
4.2. Fused Silica
4.3. Quartz
4.4. Other types
5. 3D Printing Ceramics Market, By Material Form
5.1. Filament
5.2. Liquid
5.3. Powder
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