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3D printing or additive manufacturing practices are needed in regulated environments where materials and procedures are minimally exposed to contaminants in order to get quality products. Gases like nitrogen and argon are widely used to provide enough neutral atmospheres needed to meet this field's elevated-tolerance requirements. The additive manufacturing or 3D printing is expected to be performed in regulated environments with limited exposure of materials and techniques to impurities to manufacture high-quality products. Gases such as argon, nitrogen or the combinations of gas offer the inanimate atmospheric conditions designed to reach the high threshold standards of this field.
Key Market Driver -
Rising use of 3D printing techniques across the design & manufacturing sector drives the market.
Key Market Restraint -
High cost of production and the stringent rules and regulations by the government restrict market growth.
Increasing emphasis on implementing 3D printing techniques across the manufacturing sector fuels the demand for 3D printing gases while driving growth in the industry. The technology has begun to make headway into traditional production and the demand for consumer goods. The industry is expected to see significant growth in the coming years and thus push the global demand for 3D printing gases. However,the high prices and the increasing environmental issues concerning emissions of the gases and health concerns of the humanity are anticipated to limit the market growth.
Based on product type, the market for 3D printing gases is further segmented nitrogen, argon, and gas mixtures. Based on technology the market for 3D printing gases is further segmented into stereolithography, laser sintering, poly-jet technology and others. Based on storage, the market for 3D printing gases is further segmented into cylinder & packaged, merchant liquid, and tonnage. Based on application, the market for 3D printing gases is further segmented into healthcare, consumer products, design and manufacturing,others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global 3D printing gases market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the 3D printing gases market includes BASF SE, Air Products and Chemicals, Air Liquide S.A., Inc., The Linde Group, Matheson Tri-Gas, Inc., Praxair, Inc., Iceblick Ltd., Messer Group. and Universal Cryo Gas, LLC
In terms of Geography, the 3D printing gases market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the industry leader in 3D gaseous printing. The existence of some of the world's largest and most important industrial gas companies and the region's tremendous research and development activities in the field of 3D printing are the main factors pumping up the growth of the North American market for 3D printing gases. Emerging Asia Pacific markets such as India and China also give massive opportunities for growth in the global market for 3D printing gases. Rising emphasis on introducing 3D printing techniques across the manufacturing sector is improving the region 's demand for 3D printing gases.
The Asia Pacific market for 3D printing gasses is expected to grow at the fastest rate during the forecast period. End-user industries such as healthcare, oil & gas, design and manufacturing are expected to account in volume in this area for a large share of the demand for 3D printing gases. Europe has a large share in the production of complicated manufacturing parts for the oil and gas industry due to the implementation of 3D printing technology, which is expected to stimulate the demand of the global 3D printing gases market. Furthermore, the introduction of 3D printing for medical and dental replacements in the healthcare sector is driving market growth in the Middle East & Africa region. Even in Latin America, use of 3D printing content is growing due to 3D printing being used to provide housing for low-income communities.
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