After conducting extensive research over the past several months, VoxelMatters Research, a leading market analysis company specializing in tracking the global additive manufacturing (AM) industry, has released the results of its new comprehensive studies on the technical and traditional ceramic additive manufacturing segments. The two reports, titled, Technical Ceramic AM Market 2023 and Traditional Ceramic & Sand AM Market 2023, collect information on sales and business activities from all major companies operating in these segments today.
According to the new reports, the technical ceramic AM segment is projected to grow from $113 million in 2022 to $2 billion in revenues by 2032, at 33.5% CAGR. The traditional ceramic and sand AM segment is expected to grow from $137 million to $1.7 billion in revenues, growing at 30.4% CAGR during the same period.
While they still represent a niche market, technical and traditional ceramics continue to show strong signs of growth, fast technological development and a high potential for industrial adoption. For these reasons, VoxelMatters has been tracking these market segments for years and has built the most accurate and complete database in the world of market data.
The new studies, based on VoxelMatters’ updated database of core AM technical and traditional ceramic companies (AM hardware, AM materials and AM services), provide the most comprehensive analyses and forecasts of the global ceramic AM market.
In addition, for the first time, the technical and traditional ceramics AM segments have been divided into dedicated reports to reflect the highly different characteristics of each industrial segment, with technical ceramics characterized by (primarily) direct production of small-size, advanced parts and traditional ceramics focusing on large size sand molds and casting applications. The two reports are also available as a bundle.
The technical ceramic AM report
By leveraging VoxelMatters Directory—the largest global directory of verified AM companies, currently comprising over 6,800 companies—the research team identified 108 companies that have invested interests in technical ceramic AM, representing nearly the entirety of the market and its key segments: 24 hardware manufacturers, 40 material suppliers, and 44 service providers. The dataset for this study comprises over 15,000 data points, providing one of the most accurate snapshots of the global market.
This new 200-page report—featuring over 128 charts and data tables—focuses on technical ceramics that are used in AM to produce high-performance parts that usually weigh just a few grams. The market was driven by hardware revenues, which represented 53% of the core technical ceramic AM market in 2022, and specifically by VAT photopolymerization (VPP) technologies. The top hardware companies in 2022 by revenue were Lithoz, 3DCeram, Desktop Metal, iLaser, and XJet.
Mirroring hardware trends, slurry materials for VPP represented 54% of material revenues, while the AM services sector is set for the most significant growth, with a projected CAGR of 35% during the 10-year forecast period (from 2022 to 2032). Finally, the report also includes an in-depth geographic analysis, which sees EMEA-based companies generating the largest revenues in 2022, totaling $34.29 million.
Some leading and emerging companies addressed in the report include: 10dim Tech, 3DCERAM, Admatec and Formatec (part of Nano Dimension), AON, BMF, Bosch Advanced Ceramics, CERHUM, Desktop Metal and ExOne, Goodman Technologies, iLaser, KRAHN Ceramics, Kyocera Fine Ceramics, Lithoz, Nanoe, nScrypt, Schunk Carbon Technology, Steinbach, Tethon 3D, voxeljet, WZR Ceramic Solutions, XJet, Zipro.
The traditional ceramic and sand AM report
The new 120-page report—featuring over 80 charts and data tables—focuses on traditional ceramics which are used in additive manufacturing primarily to produce large molds and cores for sand casting. In this case the team identified 63 companies that operate extensively in traditional ceramic AM, representing nearly the entirety of the ceramic AM market and its key segments: 21 hardware manufacturers, 18 material suppliers, and 46 service providers. In total, the dataset for this market study comprises over 9,000 data points, providing one of the most accurate snapshots of the current ceramic AM global market.
In this market segment as well hardware (mainly binder jetting) is the driving force in terms of revenues, which are expected to top $1 billion by 2032. AM services revenues are expected to grow at a lower 22.6% CAGR through 2032 mainly because we expect end-user companies (including foundries) to internally adopt sand binder jetting technology for casting applications.
The top hardware companies in 2022 by revenue were ExOne and voxeljet, while the largest adoption segments were the Industrial, Automotive, Energy, and Consumer sectors making up over 60% of the market.
Leading and emerging companies addressed in the report include: 3D Potter, AFS, AMSKY, Ceramica Collet, Christenguss, CITELE Group, Desktop Metal, Desamanera, EASYMFG, Eisengiesserei Mezger, Enable, FHZL, Guangdong Zhongliding Intelligent Technology, Hetitec, HumTown Additive, ITOCHU International, KOCEL, Metang Novatech, voxeljet and WASP.
Details about both reports, including the full tables of contents and figures, are available on the company’s website. Key insight documents for both reports are available upon request.