It is anticipated that the market for 3D printing ceramics would grow favorably, from USD 45.7 million in 2023 to USD 61.1 million in 2024. Furthermore, it is anticipated that the market for ceramics produced by 3D printing would grow at a compound annual growth rate (CAGR) of 32.9%, reaching a projected value of USD 1.1 billion by 2034.
The strong demand for consumer goods including toys, furniture, lighting, tableware, and housewares is driving a notable growth trend in the worldwide 3D printing ceramics market. 3D printing technology may be used to make these goods efficiently, which will result in their broad use in a variety of sectors.
Moreover, medium- to large-scale consumer electronics businesses utilize 3D printing to build the exterior of products, internal circuits, and other equipment such as tablets, smartphones, and ceramics. This has led to a vast demand for 3D printing ceramics, which is expected further to boost the market’s growth in the coming decade.
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Several safe methods of 3D printing ceramics include using non-toxic, lead-free gloss. This advantage is expected to increase the manufacture of tools, dinnerware, and culinary utensils through this method. Many dinnerware manufacturers have begun concentrating on this procedure to increase their production output.
The 3D printing ceramics sector is still in its early stages of growth; one of the main obstacles restraining the market growth is the high melting point of ceramics. However, research for novel materials to address these issues is in progress. The high cost of printing owing to low mass manufacturing and less advancement compared to plastics and metals are some of the obstacles for market participants. It is projected that innovative applications in healthcare open up new development prospects for the sector.
Lead analyst states, “The demand for products from end-use sectors such as aerospace and medical is expected to drive market expansion. Additive manufacturing, or 3D printing, offers flexibility and production opportunities, addressing the time and effort issues of traditional methods such as grinding and polishing.”
Key Takeaways
- The United States 3D printing ceramics market is increasing at a CAGR of 33.2% through 2034.
- China 3D printing ceramics market is projected to record a growth of 33.3% until 2034.
- During the forecast period, the United Kingdom 3D printing ceramics market is expected to achieve a CAGR of 33.7%.
- Japan 3D printing ceramics market is anticipated to expand at a CAGR of 34.4% over the forecast period.
- The market for 3D printing ceramics in South Korea is likely to capture a 36.1% CAGR.
Key Strategies:
The global market for 3D printing ceramics is anticipated to grow due to industry participants’ expenditures on research and development, the introduction of new products, contracts, mergers and acquisitions, successful investments, and joint ventures. The industry needs to supply fair-quality products and create 3D printed ceramics rapidly to minimize costs and thrive in a competitive market. Manufacturers use this innovative marketing technique to assist clients and boost market expansion.
Recent Developments:
- In December 2023, Lithoz and ORNL inked a Cooperative Research and Development Agreement to enhance high-temperature ceramics in additive manufacturing utilizing Lithoz’s 3D printing technology for non-oxide ceramic processing.
- In September 2023, Penn State Professor Stephen Lynch and a team from Michigan State University and the University of Wyoming developed a high-temperature ceramic gas turbine component 3D printing technology.
Market Segmentation
By Type:
- Glass
- Quartz
- Fused Silica
- Others
By Form:
- Powder
- Filament
- Liquid
By End User:
- Aerospace & Defense
- Healthcare
- Automotive
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
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