On April 26, 2020, Antarctic Bear learned that SmarTech Analysis Company released the latest market report of Ceramic Rapid Prototyping Manufacturing (AM), “Ceramic Rapid Prototyping Parts Production: 2019-2030”. According to the report, even under the current outbreak of COVID-19, the revenue in the ceramic additive manufacturing market is estimated to reach us $4.8 billion by 2030. In addition, the report believes that both technical and traditional final parts will promote these opportunities in the medium and long term.
Although some companies have developed complete ceramic printing technology, ceramic 3D printing still belongs to the emerging technology field. SmarTech predicts that ceramic 3D printing will change in the middle of 2025. With the all-round development of all major ceramic additive manufacturing technologies and the establishment of sufficient series production, the ceramic 3D printing market will usher in a turning point after 2025. After this inflection point, the company expects that once the market completely recovers from the slowdown of COVID-19, the size of the ceramic additive manufacturing application market will triple.
Hewlett-Packard’s Multi Jet Fusion, ExOne’s traditional binder injection technology, Xaar’s high-speed sintering technology and Prodways/3DCeram’s MOVINGLight technology all indicate that mass production of ceramic 3D printing parts is coming.
The report breaks down technical materials and traditional ceramic materials, such as aluminum oxide 3D printing by companies such as Lithoz or Admatec compared with sand printing by companies such as ExOne. This also provides information for specific applications involved in the report, from medical or electrical components using technical materials to specific applications such as sand cores and molds of molds. Of course, the report also discusses the additive manufacturing service organizations that provide ceramic printing and the types of parts. The companies discussed include 3dceram-sinto, voxeljet, sglcarbon, schunck carbon technologies, xjet, nanoe, etc.
Interestingly, the report takes into account the impact of COVID-19 on the ceramic additive manufacturing market, models related to the resulting economic slowdown, and how this impact will continue into 2025. Obviously, the company has already established two levels of influence. In the short term, some segments will be affected more obviously, while others will be affected less. By 2024, the company will readjust to the previously predicted level.
According to the market research company, this will also be reflected in the regional impact, and the Asia-Pacific region will benefit from more effective business and production management methods in the event of a pandemic. SmarTech believes that countries in the Asia-Pacific region, especially China and Japan, have adopted ceramic materials faster than European and American countries.