Ceramic 3d printing market forecast
Burgeoning demand for ceramic parts from filament sector to impel ceramic 3D printing market trends over 2019-2025
Global ceramic 3D printing market is witnessing accelerated growth owing to heightened demand for ceramic parts across a number of sectors, including biomedical engineering, electronics, aerospace and chemicals, among others. Due to outstanding thermal stability at elevated temperatures, ceramic manufactured parts are often used in high temperature settings.
Products obtained through conventional subtractive manufacturing (SM) process face the removal of materials from large stocks and are significantly pricey due to time-consuming procedures and considerable loss of raw materials. Ceramic additive manufacturing, on the other hand enables the manufacture of parts with a nearly 90% lower production time than traditional methods even as it mitigates waste of material.
Ceramic 3D printing industry applications are gaining considerable traction in 3D prototyping of patient-specific implants. Metallic implants based on gold, stainless steel, and tantalum are widely used in cranial as well as knee & hip prosthesis. High X-ray absorption of metals as compared to surrounding tissues, however, increases the likelihood of streak artifacts in CT scanning images. Therefore, owing to their inert and non-reactive nature, glass ceramics demonstrate strong bioactivity and biocompatibility in patient-specific implants.
According to a research report by Global Market Insights, Inc. ceramic 3D printing market size is anticipated to cross $115 million over 2025.
Considering the product landscape, ceramic 3D printing industry from the filament segment is likely to depict a CAGR of over 30% through 2025, stemming from the emergence of myriad ceramic filaments including lay-ceramic and zetamix. Zetamix allows users to manufacture components comprising more than 80% ceramic weight, and following the debinding and sintering processes, can facilitate the production of pure ceramic parts. Furthermore, progressive evolution in many other filament-based 3D printing ceramics will further endorse industry expansion over time.
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The part production application segment is poised to register a prolific growth rate of over 35% through 2025, ascribed to a more streamlined method of conventional investment casting. This approach will be further facilitated by the likelihood of low to zero waste material alongside convenient production of complex geometric components. Evolutions of printers and ceramic materials will promote application versatility of the product.
The ceramic 3D printing industry from the healthcare sector is likely to register revenue of more than $50 million over 2025, through innovative use of ceramic substrates and ceramic components in medical equipment. Furthermore, due to beneficial properties like high mechanical strength and thermal resilience, ceramic substrates and thick film circuits comprising ceramic insulation are used predominantly in medical devices. Industry growth in the segment is also substantially accelerated by sophisticated biocompatibility characteristics of the product.
Europe ceramics 3D printing market is expected to account for more than 30% of the total volume share over 2025, given the burgeoning prevalence of aerospace and automotive part production firms in the region. The emergence of several resin types in Europe coupled with R&D initiatives, including the European Commission-backed Cell3Ditor project, may present lucrative growth opportunities for the ceramic 3D printing business landscape. Likewise, the Fuel Cells Hydrogen Joint Undertaking promotes the expansion of additive manufacturing technologies for use in manufacturing of solid oxide fuel cells (SOFC) industrial stacks.
Author Name : Saloni Walimbe