3D Printing Gases Market 2018 Top 10 Companies, Industry Analysis, Material Trends, Business Development, Consumption Status
Market Synopsis
3D printing or additive manufacturing (AM) is the process of making physical objects from a digital model using a printer. Various materials such as plastic, metals, ceramics, and wax are used for 3D printing. Gases such as argon and nitrogen are used in this process to provide an inert atmosphere and help increase structural stability of the products. 3D printing is used in aerospace & defense, automotive, healthcare, food & beverages, building & construction, and other industries. Use of this process aids in yielding products that are lighter (better weight to thrust ratio), less wasteful (more fuel efficient), and economical.
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Increasing demand for inert gases in the aerospace and healthcare industries to meet the high-tolerance standards required in 3D printing is expected to be the key factor driving growth of this market. In the healthcare industry, this process offers customization of prosthetics and dentistry, and enables bio-printing of human-sized bones, cartilage and muscle. Furthermore, rapid growth of the 3D printing market is expected to fuel demand for 3D printing gases during the forecast period. During the printing process, these gases provide inert atmosphere which helps in reducing oxidation of sintered parts by lowering the oxygen content and creating a stable printing environment by maintaining constant pressure in print chamber.
Market Segmentation
The global 3D printing gases market has been segmented on the basis of gas, technology, function, end-user, and region.
Based on gas, the global 3D printing gases market has been segregated into argon, nitrogen, and gas mixtures.
By technology, the global 3D printing gases market is divided into stereolithography, laser sintering, poly-jet, material jetting, electron beam melting, and others.
On the basis of function, the global 3D printing gases market is categorized as insulation, cooling, and illumination.
Automotive, aerospace & defense, consumer products, healthcare, and others are the major end-users studied for the global 3D printing gases market.
The global 3D printing gases market has been studied with respect to five regions—Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Key Players
- BASF SE
- The Linde Group
- Air Liquide
- Praxair Inc
- Air Products and Chemicals Inc.
- Universal Industrial Gases Inc.
- Messer Group
- Matheson Tri-Gas Inc.
Intended Audience
- 3D printing gases manufacturers
- Traders and distributors of 3D printing gases
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
Regional Analysis
Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five regions studied for the global 3D printing gases Market. In 2017, North America accounted for the largest share of this market owing to the presence of large number of 3D printing companies in the region. In addition, technological advancements by the healthcare and aerospace industries in the 3D printing process is expected to boost demand for the product.
Asia-Pacific is projected to be the fastest-growing market in the global 3D printing gases market during the review period. Surging product demand in the aerospace and consumer good applications is expected to be the key driver of the regional market. By the use of 3D printing, consumer goods such as footwear, electronics, and jewellery can be designed and produced faster and cost effectively, as it is not constrained by expensive tooling costs. Lastly, the markets in the Middle East & Africa and Latin America are projected to witness moderate growth during the forecast period.
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