3D Printing Ceramic Market: By Type, Application, Form, End-use, and Region

Market Synopsis:

Global 3D Printing Ceramic market is valued at 147.3 Million in 2021 and is projected to reach a value of 797.9 Million by 2028 at a CAGR of 29.60% during the forecast period. Demand for 3D Printing Ceramic from the medical industry due to increased use of bioceramics for dentures and implants along with the increased demand for prototyping and product modification are the key reasons for the 3D Printing Ceramic growth. The rising application of 3D Printing Ceramic in the aircraft engine and brake components along with the easy availability of 3D printers are other key factors for the market growth. In addition, the growing automotive industry, as well as development in the aerospace & defence industry worldwide, are fueling the growth of the 3D Printing Ceramic market during the forecast period.

The development of printers that are compatible with metals and ceramics along with growing investments in 3D Printing Ceramic are some of the key opportunities in the global 3D Printing Ceramic market. In addition, the increased public-private partnership and the increased demand for 3D Printing Ceramic in emerging nations are further estimated to enhance the market growth over the forecast period. For instance, in February 2021, ExOne received a contract of USD 1.6 million from the U.S. Department of Defense to build a portable 3D printing factory. Besides, the less development in the industry is the major restraint in the growth of the 3D Printing Ceramic market.

Market Segmentation:

The global 3D Printing Ceramic market is segmented on the basis of {{segments}}. Based on type, the market is segmented as oxide-based and non-oxide-based. By form, the market is segmented as powder, liquid, and filament. By application, the market is segmented into prototyping and tooling, and commercial/manufacturing. On the basis of end-user, the market is segmented into aerospace & defense, healthcare, automotive, consumer goods & electronics, construction, and others.

Based on region, the 3D Printing Ceramic market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Oxide Based had a major share in 3D Printing Ceramic Market

In 2021, the oxide-based category had a major share in the global 3D Printing Ceramic market. The category had a share of more than 60% in terms of value and volume in the same year. The key factor for the category dominance is the wide application of oxide-based ceramics across industries such as healthcare, consumer goods, electronics, and aerospace and defense. In addition, the oxide-based ceramics are economical due to which these are used for personal use as well as for prototyping.

Powder to Continue Dominating the Market

In 2021, the powder category dominated the global 3D Printing Ceramic market in terms of value and volume. With the adoption of advanced technologies such as binder jetting and laser sintering, the demand for the powder category is increasing. Moreover, the machinability and ease of use of powder are some other reasons for the growth of the category over the forecast period. Besides, the liquid category is estimated to witness substantial growth in the global 3D Printing Ceramic market due to better capabilities for printing high-quality products.

Aerospace and Defense was the leader in the 3D Printing Ceramic in 2021

The aerospace and defense sector was dominant in the 3D Printing Ceramic market in 2021 in volume and value terms. The segment had a market revenue share of more than 30% in the same year. The advantages of 3D Printing Ceramic include bio inertness, high stiffness, high thermal stability, and excellent corrosion resistance is the key factor for the dominance of the aerospace & defense sector. In addition, the growing demand for commercial aircraft worldwide is another key factor for the sector growth in the 3D Printing Ceramic market during the forecast period. Besides, the healthcare sector has the second-largest market share in 2021 and is estimated to witness substantial growth over the forecast period. This is majorly due to the growing demand for stable bio-implants across the world and the low cost of ceramics.

In addition, other sectors such as automotive, construction, and consumer goods & electronics are presumed to contribute to the growth of the market in finished products which are made of ceramics.

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{{Fastest_Region}} 3D Printing Ceramic Market to Grow at the Fastest CAGR

In 2021, Europe had its dominance in the global 3D Printing Ceramic market with over 34% of the market revenue share in the same year followed by North America. The presence of a large number of aerospace and automotive component manufacturers in the region and the growing medical industry across the European Union are the major factors for the regional dominance. Besides, North America had around 31% of the global 3D Printing Ceramic market value share in 2021. The presence of several small & medium enterprises (SMEs) for aerospace components and the growing demand for freight and passenger aircraft are the major reasons for the growth of the North America 3D Printing Ceramic market.

Asia Pacific is projected to attract the fastest growth in the coming years. This is primarily owing to increased investment in the healthcare industry along with growing automotive manufacturing in the region. In addition, the favourable government policies across emerging nations to enhance medical facilities is another key factor for regional growth in the years to come.

Competitive Landscape:

In the 3D Printing Ceramic market, key players are adopting organic as well as inorganic strategies to enhance their market and geographic presence. Some of the key strategies are geographical expansion, new product development, partnerships, mergers & acquisitions, and others. The major players in the 3D Printing Ceramic market are 3D CERAM (SINTO), ExONE GmbH, 3dresyns, Admatec Europe, Tethon 3D, Steinbach AG, 3D Systems Inc., Johnson Matthey, Aon Inni, Ceramtec GmbH, Zrapid Tech, Trunnano, International Syalons, Formlabs, and Kwambio Inc.

The 3D Printing Ceramic is Segmented as Follows: