The report, now available on ASDReports, "3D Printing Ceramics Market by Type (Glass, Fused Silica, Quartz), Form (Filament, Powder, & Liquid), End User (Aerospace & Defense, Automotive, Consumer Goods & Electronics, Manufacturing & Construction, Healthcare) - Global Forecast to 2021", The 3D printing ceramics market is forecast to reach USD 131.5 Million by 2021, at a CAGR of 29.6% from 2016 to 2021. The market is driven by the high demand for 3D printing for dental and orthopedic applications in healthcare industry and in thermal insulation parts in aerospace & defense industry as they have high heat stability and are biocompatible.
Healthcare and aerospace & defense segments to dominate 3D printing ceramics market
Healthcare and aerospace & defense are two highly critical segments which demand for stringent product dimensions along with their compositions. Hence, the manufacturing of products demands for precision work. Fused silica, quartz, glass, and a variety of materials are used in aerospace & defense applications to withstand high temperature, which is one of the major driving factor for aerospace & defense segment. In healthcare, ceramic 3D prototyping is used in several medical products, such as surgical equipment, prosthetics & implants, and others as ceramics are biologically inert.
Fused silica and quartz have a major market share in comparison to glass and others
Ceramics market, by type can be broadly categorized into glass, fused silica, quartz, and others which consists of synthesized grades such as alumina and zirconia. Major benefits of these ceramics include thermal insulation, biocompatibility, no malleability and ductility along with its porous nature to support the lightweight factor, which drives their demand in end-use industries.
North American market is expected to witness high growth with increasing demand from end-use industries in the region
North American market for 3D printing ceramics is expected to register high growth due to increased rate of adoption in end-user industries. North America is the largest market for 3D printing ceramics with Mexico being the emerging market in the region, followed by Europe. Europe has large number of suppliers of 3D printing ceramics material with major focus on Western Europe which includes Germany, the U.K., France, Italy, and others. Asia-Pacific is an emerging market for the same.
The key players operational in the market include 3D Systems Corporation (U.S.), EOS GmbH Electro Optical Systems (Germany), Renishaw Plc (U.K.), Stratasys Ltd. (U.S.), Royal DSM N.V. (Netherlands), and others.