The 3D printing ceramics market is predicted to increase positively, rising from US$ 45.7 million in 2023 to US$ 61.1 million in 2024. In addition, the demand for 3D printing ceramics is expected to evolve at a CAGR of 32.9% and reach a projected value of US$ 1.1 billion by 2034.
The global industry for 3D printing ceramics is witnessing a significant growth trend, primarily driven by the high demand for consumer products such as housewares, furniture, lighting, tableware, and toys. These products can be effectively manufactured using 3D printing technology, leading to widespread adoption across various industries.
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.
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
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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