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Market Leaders – 3D Printing Ceramics Market
The growing demand of 3D printing technology from the end-use industries has led to significant developments in the 3D printing materials market that includes metals, polymers, and ceramics. Polymers and metals have established themselves as 3D printing materials with a number of grades in comparison to ceramics which are in the growth phase. Ceramics have been largely used in architectural applications along with areas of thermal insulation. Other commercial areas include dental and orthopedic applications where they have been widely used. One of the major advantage ceramics have over other materials is their biocompatibility along with thermal resistance and porous nature. With increasing demand for the 3D printing in healthcare and aerospace & defense industry, the demand for ceramics in these industries is expected to show high growth. Major companies operating in 3D printing ceramics industry are targeting these two major markets as they show faster rate of adoption for new technologies in comparison to others.
Key players operating in the 3D ceramics market include 3D Systems Corporation (U.S.), Viridis 3D LLC (U.S.), EOS GmbH Electro Optical Systems (Germany), Renishaw Plc (U.K.), Tethon 3D (U.S.), Stratasys Ltd. (U.S.), Lithoz GmbH (Austria), and Cerum 3D (U.S.), among others.
Substantial investments have been made in the past few years by key companies such as EOS GmbH (Germany), 3D Systems Corporation (U.S.), Stratasys Ltd. (U.S.), Renishaw (PLC), and Exone GmbH (Germany). Exone GmbH (Germany) is one of the most active players in the global 3D printing ceramics market with regards to adoption of growth strategies. It has expanded its business in different regions to increase its global reach and also to cater to its customers with prominent product launches. The company has also made enough efforts to modify and innovate its product series continuously over the years.
Stratasys Ltd. has also expanded its 3D printing material business through acquisitions, agreements, expansions, and new product launches. By undergoing such strategic developments, the company intends to address the growing demand of 3D printing materials in the market and further enhance its production capacity. The company has also collaborated with renowned 3D printing material companies to improve its technological expertise and expand its product portfolio. For instance, the company announced a new collaboration with Daihatsu Motor Co., Ltd, a manufacturer of 3D printing vision of mass customization of end-use parts. This collaboration will help the company in rapid production of automotive end use parts.
3D Systems Corporation is another leading player in the 3D printing materials market that includes ceramics. The company effectively strategizes to focus on developments such as new product developments, expansions, acquisitions, agreements, and partnerships to gain a competitive edge over other market players. As a part of its growth strategy, the company is aggressively involved in undergoing acquisitions, entering into new agreements, and launching new products to expand its presence in the 3D printing materials materials market. The company is also focused on expansion of its production facilities by strategically acquiring startups or small firms that can be potential competitors in the near future. Since 2011, the company has acquired 30 small- and medium-scale firms and has vertically integrated its printer and print materials portfolio. Such developments have helped the company expand its global operations as well as distribution network.
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
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