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Impact of Covid19 on Global Ceramic 3D Printing Market

 

Ceramic 3D Printing Market: Overview

 

·         Ceramic used for 3D printing can withstand temperature up to 1700°C or 3092°F. 3D printing ceramics possess superior qualities compared to standard 3D printing. 3D printing ceramics offer a wide variety of colors such as turquoise and subtle shades of anise green and oyster blue. 3D printing ceramics can be used to print tableware and home décor to serve food or beverages.

·         Demand for ceramic 3D printing has been rising, as ceramics have become an important part of interior planning and decoration. Rising demand for ceramics has compelled sellers to resort to faster and more efficient technologies. The reliance of large vendors of ceramic items on manual laborers had caused a slowdown in growth. Hence, the advent of 3D printing technologies for ceramic manufacturing offers lucrative opportunities for market players. The usage of ceramic 3D printing machines for developing samples and archetypes in multiple industries is also boosting the market.

 Key Drivers and Restraints of Ceramic 3D Printing market

 

·         The use of ceramic 3D printing in the field of dentistry has emerged as a vital prospect for market growth. Need for developing dentures and fillers for dental treatments is a key trend across the medical fraternity. Ceramics come in handy during root canal treatments. Hence, the global ceramic 3D printing market is slated to expand at a rapid pace in the next few years. Rise in usage of ceramics in the defense and aerospace sector is augmenting the global market.

·         Demand for art pieces and esthetic items for home décor is high in the residential sector. Hotels and restaurants also spend a large part of their revenue on remodeling their architecture and design. This has led to an increase in usage of ceramic 3D printing in recent times. Availability of cutting-edge 3D printing technologies is a key consideration while gauging market growth. Increase in usage of ceramic 3D printing in conjunction with metallic printing has also created opportunities for market growth.

·         Developments in metal and composite materials for application in automotive and manufacturing are restraining the ceramic 3D printing market

Global Ceramic 3D Printing Market: Segmentation

 

·         The global ceramic 3D printing market can be segmented based on type, form, and end-user

·         Based on type, the ceramic 3D printing market can be classified into glass, fused silica, quartz, and others. Fused silica and quartz segments are expected to account for major share of the market during the forecast period.

·         In terms of form, the ceramic 3D printing market can be categorized filament, liquid, and powder. Powder is estimated to be the dominant segment of the market in the near future. The powder segment has been expanding due to the rise in demand for laser sintering technology in commercial applications. Liquid 3D printing ceramics in the form of pastes and gels are employed in the production of several products through stereo lithography techniques, which are widely utilized in prototyping applications.

·         In terms of end-user, the 3D printing ceramics market can be divided into aerospace & defense, health care, automotive, consumer goods & electronics, manufacturing & construction, and others. The aerospace & defense segment held prominent share of the 3D printing ceramics market in 2020 primarily owing to the latest technological advancements and invention of new materials for prototyping.

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Global Ceramic 3D Printing Market: Regional Segmentation

 

·         In terms of region, the global ceramic 3D printing market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

·         North America is expected to lead the global ceramics 3D printing market during the forecast period, led by the increase in usage of ceramics in various end-use industries in the region. Construction is booming in the U.S. and Canada. This is anticipated to further increase the adoption of ceramics 3D printing in the region during the forecast period.

·         India, China, and Japan are experiencing high industrialization growth rate majorly owing to drastic population rise, rapid urbanization, and expansion of major industries such as construction, food processing, electronics, furniture, and consumer goods. The 3D printing ceramics market in Asia Pacific is anticipated to expand at a rapid pace primarily due to the increase in production activities in automotive and consumer goods & electronics sectors.

·         Europe is one of the key markets for ceramic 3D printing. The region is anticipated to offer several lucrative opportunities to market players during the forecast period.

 

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COVID-19 Impact on Global Ceramic 3D Printing Market

 

·         The COVID-19 pandemic has adversely affected the global ceramic 3D printing market. The manufacturing sector across the globe suffered temporary shut down during the lockdowns. Measures such as social distancing also impacted operations adversely. However, the impact of COVID-19 on the 3D printing ceramics is expected to be short term. Demand for 3D printing ceramics is estimated to rise, as increasing number of industries are finding ways to implement 3D printing in their processes.

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Key Players in Market

The global ceramic 3D printing market has highly competitive landscape. It is dominated by the presence of various prominent players across the globe. Key players operating in the ceramic 3D printing market include:

·         3D Systems, Inc.

·         Stratasys Ltd.

·         EOS GmbH Electro Optical Systems

·         CRP Group

·         Materialise

·         ExOne

·         Renishaw plc.

·         Lithoz

·         Tethon3D

·         3D Ceram

·         Steinbach AG

 

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