On April 26, 2020, SmarTech Analytics released the latest ceramic rapid prototyping manufacturing (AM) market report "Ceramic Rapid Prototyping Parts Production: 2019-2030". The report believes that even in the current situation, by 2030, the revenue of the ceramic additive manufacturing market is estimated to reach $ 4.8 billion. In addition, the report believes that both technical and traditional final parts will drive these opportunities in the medium and long term.
Although some companies have developed complete ceramic printing technology, ceramic 3D printing is still an emerging technology field. SmarTech expects that the ceramic 3D printing will change in the middle of 2025. With the comprehensive development of all major ceramic additive manufacturing technologies and the establishment of sufficient serial production, the ceramic 3D printing market will usher in after 2025 An inflection point. After this inflection point, the company expects that once the market fully recovers from the COVID-19 slowdown, the market for ceramic additive manufacturing applications will triple.
HP`s Multi Jet Fusion, ExOne`s traditional binder jet technology, Xaar`s high-speed sintering technology, and Prodways / 3DCeram`s MOVINGLight technology all herald the mass production of ceramic 3D printed parts.
The report breaks down technical materials and traditional ceramic materials, such as alumina 3D printing by companies like Lithoz or Admatec compared to sand printing by companies like ExOne. This also provides information for the specific applications covered in the report, from medical or electrical components using technical materials to sand cores and molds for molds and other specific applications. Of course, the report also discusses the additive manufacturing services that provide ceramic printing, as well as the types of parts. The companies discussed are 3DCeram-Sinto, voxeljet, SGL Carbon, Schunck Carbon Technologies, XJet, Nanoe, etc.
Interestingly, the report takes into account the impact of COVID-19 on the ceramic additive manufacturing market, and the modeling related to the resulting economic slowdown, and how this impact will continue into 2025. Obviously, the company has established two levels of impact. In the short term, some market segments will be more affected, while others will be less affected. By 2024, they will be readjusted to the previously predicted levels.
According to market research companies, this will also be reflected in regional impacts, and the Asia-Pacific region will benefit from more effective business and production management methods in a pandemic. SmarTech believes that countries in the Asia-Pacific region, especially China and Japan, have adopted ceramic additive manufacturing at a faster rate than European and American countries.