3D Printing Gases Market to Develop Rapidly by 2024
3D
printing or additive manufacturing practices are required to be
undertaken in controlled environments with minimal exposure of
materials and processes to impurities to produce high quality
products. Gases such as nitrogen and argon are commonly used to
provide the inert atmospheres required to meet the high-tolerance
standards of this field.
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3D
printing gases are used for various purposes, apart from improving
the quality of 3D-printed parts. These include reducing oxidation of
forged parts by lowering the oxidation content in the print chamber;
maintaining constant pressure to create a stable printing
environment; inhibiting combustible dust during sieving and powder
handling to improve safety; lessening the clumping of powder in feed
tube, and controlling thermal stress through gradual cooling for
preventing part deformities.
The
global 3D printing market has seen exponential growth in the past few
years. The technology has started making inroads into the mainstream
manufacturing and consumer products market. The market is likely to
witness rapid growth in the near future, consequently driving the
global 3D printing gases market.
The
report on 3D printing gases provides an account of the major elements
of the market, its current state, product and technological
advancements, and impact of major drivers, challenges and trends. It
also provides a forward-looking perspective about the market’s
growth prospects from 2016 through 2024.
Global
3D Printing Gases Market: Trends and Opportunities
Rising
use of 3D printing techniques across the manufacturing, consumer
goods, health care devices, automobiles, aerospace and defense, and
energy industries is the major factor driving the global 3D printing
gases market. Application of 3D printing technologies in the
manufacture of complex production parts for the oil and gas industry
is likely to boost to the growth of the global 3D printing gases
market.
Based
on mode of distribution, the market can be segmented into cylinders
and cylinder packs, liquid cryogenic tanks, pipeline supply, and
on-site gas generation. The cylinders and cylinder packs segment
dominated the 3D printing gases market.
Global
3D Printing Gases Market: Region-wise Outlook
Based
on geography, the 3D printing gases market has been examined for
North America, Asia Pacific, Europe, and Rest of the World (RoW).
North America is the leading market for 3D printing gases. Presence
of some of the world’s largest and most prominent industrial gas
companies and the immense research and development activities being
undertaken in the field of 3D printing in the region are the major
factors boosting the growth of the 3D printing gases market in North
America.
Emerging
markets in Asia Pacific such as India and China also offer immense
growth opportunities in the global 3D printing gases market. Rising
focus on implementing 3D printing techniques across the manufacturing
sector boosts the 3D printing gases market in the region. The 3D
printing gases market in Asia Pacific is projected to expand at the
fastest pace during the forecast period. The end-user industries such
as health care, design & manufacturing, and oil & gas are
likely to account for a significant share of the 3D printing gases
market in terms of volume in this region.
Global
3D printing Gases Market: Competitive Scenario
The
global 3D printing gases market features presence of several
international players and intense competition. Companies in the
market are adopting strategies such as acquisitions, expansions,
joint ventures, and research and development to cater to the specific
needs of the 3D printing industry.
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Major
players operating in the market are BASF SE, Air Liquide S.A., Air
Products and Chemicals, Inc., The Linde Group, Praxair, Inc.,
Matheson Tri-Gas, Inc., Iceblick Ltd., Universal Cryo Gas, LLC, and
Messer Group.
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