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Press release - 3d-printing-ceramic-market-760994

Vantage Market Research

Press Release-3D Printing Ceramics Market to Reach Valuation of 797.9 Million by 2028 - increasing the Usage to Manufacture Solid Objects is Driving the Market

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3D Printing Ceramics Market to Reach Valuation of 797.9 Million by 2028 - increasing the Usage to Manufacture Solid Objects is Driving the Market

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In terms of revenue, the Global 3D Printing Ceramics Market is expected to reach 797.9 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 27.1% from 2022 to 2028. Utilization by architects, engineers, designers, surgeons, and other professionals to make figurative models for customers and researchers is the driving factor for 3D Printing Ceramics Market.

Key Findings:

  • Under the end-use industry segment electronics sub-segment is anticipated to dominate the segment for 3D printing ceramics market and grow at a substantial CAGR. This is because it is adopted in multiple industries, due to the rise in demand.
  • The powder sub-segment held a market significant share in 2021. This is the fastest segment growing in 3D printing ceramics market due to growth in demand for laser sintering technology in commercial usage.
  • Europe is the largest regional segment. This is due to its increase in usage of ceramics in various end-use industries in the region by the key market players.

Some of the key players in the 3D Printing Ceramics Market include - 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.

An increase in the market for development, modification, and expansion, along with a rise in requests for 3D printing in the dental enterprise is expected to augment the growth of the market in the years to come. It is a secure way, which contains the usage of a lead-free and non-toxic glow. This is further expected to increase the manufacturing of dinnerware, kitchen tools through this method. Many tableware businesses have started concentrating on this method to enhance their industrial result.

Ceramics are utilized in many medical products in the health care industry like dentures, surgical tools, prosthetics & implants, and tissue engineering products. Thereby, it is also expected to boost the 3D printing ceramics market. An increase in the requirement for high-quality 3D printing ceramics approved by different governing bodies for medical applications is additionally driving the 3D printing ceramics market.

Europe is expected to emerge as a potential market for 3D Printing Ceramics Market. It has many manufactories that are vigorously participating in expansion activities, particularly in developments and new product launches. With the grant by the European Commission to expand the 3D printing ceramics enterprise, the region is noticing high growth in 3D printing materials. Therefore, the companies are growing their exhibition facilities and inducting new materials into the market.

21 Jan 2022

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Historical Data | Base Year 

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