3D Printing Gases Market Size, By Type (Argon, Nitrogen, and Gas mixtures), By Technology (Stereolithography, Laser Sintering, Poly-jet technology, and Others (electron beam melting, binder-jetting technology, and fused disposition modeling)), By Storage, Distribution, and Transportation (Cylinder & Packaged Distribution, Tonnage distribution, and Merchant liquid distribution), By Function (Insulation, Illumination, and Cooling), By End-use Industry (Design & Manufacturing, Healthcare, Consumer Products, and Others (automotive, aerospace & defense, and education & research)), and By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2016-26
Published:
March 2020
Report Code:
BWC19429
Available Format:
PDF PDF Icon
Pages:
185

3d printing gases market bwc19429

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Global 3D Printing Gases Market Forecast and Trends

The global 3D Printing Gases market has reached USD 38.94 Million in 2019 and estimated to reach USD 77.23 Million in 2026 and anticipated to grow by CAGR of 10.35% during the forecast period 2020- 2026. Technological advancement and industrialization coupled with a surging population in developing nations, increasing demand in several applications such as design & manufacturing, automotive, healthcare, consumer products, aerospace & defense, and education & research are key factors propelling the growth of the 3D printing gasses industry. Furthermore, with the rapid urbanization, growth in industrialization, and the medical sector around the globe, the need for 3D printing/additive manufacturing gasses are increasing rapidly. 3D Printing gasses is a broad and diverse product category built for use in specific end-use industries. They are utilized in a range of industrial applications, including design & engineering, health care, and aerospace & defense. The healthcare and medical sectors are expected to play a crucial role in changing the landscape of 3D printing gasses and to expand at a high rate during the forecast period.

Global 3D Printing Gases Market Overview:

3D printing is the method of generating physical objects from a digital model using a printer. Various materials such as plastic, ceramics, metals, and wax are used for 3D printing. Gases such as nitrogen and argon are used in this process to provide an inert atmosphere and help increase the structural stability of the products. 3D printing is used in the aerospace & defense, automobile, healthcare, food & beverages, building & manufacturing industries, and other fields. The use of this approach helps produce lighter (better weight to thrust ratio), less costly (more fuel-efficient), and economical products.

Growth drivers

The Growing Demand for 3D Printing Gases in Numerous Industries

The rise in the use of 3D printing techniques across the manufacturing, automobiles, consumer goods, health care devices, energy industries, aerospace, and defense are the major factors driving the global 3D printing gas market. The application of 3D printing technologies in the manufacture of convoluted production parts for the oil and gas industries is likely to promote the growth of the global 3D printing gas market.

Rapid growth in the Demand of 3D Printing

The increasing demand for the 3D printings in the market for different applications in numerous industries is fueling the market of global 3D printing gases during the forecast horizons. Moreover, during the 3D printing process, these gases provide an inert atmosphere, which helps in lessening the oxidation of sintered parts by reducing the oxygen content. This creates a stable printing environment by maintaining a constant pressure in the print chamber.

Restraints

Intricate and High Cost of Processing of 3D Printing Gases

However, owing to the high cost of gas processing and sophisticated manufacturing processes, the organizations are exposed to potential risks and are impeding the growth of the 3D Printing Gases Market.

Global 3D Printing Gases Market: Type

Based on Type, the 3D Printing Gases market segmented into Argon, Nitrogen, and Gas mixtures. The Gas mixtures segment is predicted to grow at a very high CAGR in the forthcoming years. The gas mixtures because of its better properties, used extensively in several end-use industries such as health care and design & manufacturing.

Global 3D Printing Gases Market: Technology

Based on Technology, the 3D Printing Gases market segregated into Stereolithography, Laser Sintering, Poly-jet Technology, and Others (electron beam melting, binder-jetting technology, and fused disposition modeling). The Stereolithography segment is expected to dominate the market during the forecast horizon, owing to its continual advancements and practical implementations of the technology. More established applications of Stereolithography in medicine include the creation of wearable assist devices, orthotics, and prosthetics.


Global 3D Printing Gases Market: Storage, Distribution, and Transportation

Based on Storage, Distribution, and Transportation, the 3D Printing Gases market segmented into Cylinder & packaged distribution, Merchant liquid distribution, and Tonnage distribution. The Cylinder & packaged distribution mode is likely to have the largest market share in the 3D Printing Gases market. Industry verticals such as tonnage distribution and merchant liquid distribution will be major growing distribution modes during the forecast period.

Global 3D Printing Gases Market: Function

Based on Function, the 3D Printing Gases market segmented into Insulation, Illumination, and Cooling. The insulation application segment accounts for the largest share and highest CAGR on the global market for 3D printing gases during the forecast horizon. For ABS 3D printing, a heated bed is necessary. Heating a large print bed, however, is difficult and time-consuming. Aerogel substance is a gel act as insulation where the liquid part of the gel is replaced by steam.

Global 3D Printing Gases Market: End-use Industry

Based on End-use Industry, the 3D Printing Gases market segmented into Design & Manufacturing, Healthcare, Consumer Products, and Others (automotive, aerospace & defense, and education & research). The design & manufacturing segment is forecasted to have the largest market share and is expected to dominate the 3D Printing Gases during the forthcoming years, owing to its use in diverse applications in numerous sectors.

Global 3D Printing Gases Market: Regional insights

By geography, the global 3D Printing Gases Market segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia-Pacific is the fastest-growing market for 3D printing gases during the forecast years. The growth of the 3D printing gas market is driven by factors such as growth in the health care industry, the growth of the design & manufacturing, the increase in demand for consumer products and automobiles from the upsurging population and economic development.


3D Printing Gases Market: Competitive Landscape

The major market players in the Global 3D Printing Gases are Universal Cryo Gas, LLC, Praxair, Inc., Matheson Tri-Gas, Inc., Iceblick Ltd., Airgas Inc, Air Liquide S.A., The Linde Group, Messer Group, Iwatani Corporation, Air Products and Chemicals, Inc, and other Prominent Players are expanding their presence in the market by implementing various innovations and technologies.

The objective of the Study:

To analyze and forecast the global 3D Printing Gases market size in terms of value.

To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segregating the Global 3D Printing Gases market into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa and their leading countries.

To outline, categorized, and forecast the global 3D Printing Gases market based on Type, Technology, Storage, Distribution & Transportation, Function, and End-use Industry.

To examine competitive developments like technological advancement, services, and regulative framework within the global 3D Printing Gases Market.

To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Scope of the Report:

Attribute

Details

Years Considered

Historical data – 2016-2019

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Million/Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Argentina, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product/Service Segmentation

By Type, Technology, Storage, Distribution & Transportation, Function, and End-use Industry

Key Players

Universal Cryo Gas, LLC, Praxair, Inc., Matheson Tri-Gas, Inc., Iceblick Ltd., Airgas Inc, Air Liquide S.A., The Linde Group, Messer Group, Iwatani Corporation, Air Products and Chemicals, Inc, and other Prominent Players.

By Type

·         Argon

·         Nitrogen

·         Gas mixtures

By Technology

·         Stereolithography

·         Laser Sintering

·         Poly-jet technology

·         Others (electron beam melting, binder-jetting technology, and fused disposition modeling)

By Storage, Distribution, and Transportation

·         Cylinder & packaged distribution

·         Merchant liquid distribution

·         Tonnage distribution

By Function

·         Insulation

·         Illumination

·         Cooling

By End-use Industry

·         Design & Manufacturing

·         Healthcare

·         Consumer Products

·         Others (automotive, aerospace & defense, and education & research)

By Region:

·         Asia Pacific

·         North America

·         Europe

·         Latin America

·         Middle East & Africa

Business Questions answered by the report

How will the market drivers, restraints, and opportunities affect the market dynamics?

What will be the market size in terms of value and volume and market statistics with a detailed classification?

Which segment dominates the market or region, and one will be the fastest-growing, and why?

A comprehensive survey of the competitive landscape and the market participant players

Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

With five additional company detail analysis

Additional country analysis

Detailed segment analysis

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