The global 3D printing gases market was valued at USD 36,851.5 million in 2018 and is expected to reach USD 73,887.5 million in 2026, growing at a CAGR of 9.1% from 2019 to 2026. 3D printing gases is also known as additive manufacturing and widely used to shield the work material from unwanted effects of heat produced during the manufacturing process. Materials such as metals, plastic, ceramics, and wax are primarily used for 3D printing. Moreover, argon and nitrogen are some of the prominent gases used in 3D printing. Such gases require proper storage and distribution systems in order to ensure safe usage. The 3D printing gases are primarily used in aerospace & defense, automotive, healthcare, food & beverages, and building & construction among others. The growth of the 3D printing gases market is primarily driven by the rapid growth in the 3D printing industry. Moreover, the growing emphasis on maintaining product quality and retain design features are propelling the market towards further growth. Adoption of Industry 4.0 is anticipated to offer multiple growth opportunities in the forecast period. However, volatile prices of these gases and the potential health risk to the operator are some of the factors which may hamper the growth of the global 3D printing gases market. The argon gas expected to dominate the market throughout the forecast periodBased on the gas, the 3D printing gases market has been segmented into argon, nitrogen, and gas mixtures. The argon 3D printing gas accounted for more than 50% of the share in the global 3D printing gas market in 2018 owing to the increase in demand for inert gases in the end-use industries to meet the high-tolerance standards, which primarily required in 3D printing. This expected to enhance the growth for the argon gas in the global market in the coming years.Based on technology, the poly-jet segment is expected to grow at a CAGR of around 10.12% during the forecast periodBased on the technology, the market has been segmented into stereolithography, laser sintering, poly-jet, and others. The stereolithography type technology segment accounts of the largest share in the market and expected to grow at a CAGR of around 9.1% during the forecast period. While the poly-jet segment expected to hold the CAGR of approximately 10.12% during the forecast period. The increase in research & development activities in the developing countries is anticipated to increase the market share in the global 3D printing gases market during the forecast period. However, the requirement of high capital investment is anticipated to hamper the growth of this segment.Based on the end-use industry, the aerospace & defense segment is expected to dominate the global market and held for almost 35% of the total market in 2018Based on end-use industry, the market has been segmented into automotive, aerospace & defense, healthcare, and others. The aerospace & defense segment accounts of the largest share in the market and held for almost 35% of the total market in 2018 owing to strict government rules and regulation for the manufacturers to meet the industry standards. Healthcare segment expected to hold the highest CAGR in the market throughout the forecast period owing to a massive change in terms of technological advancement in the industry for the development of low-cost effective machinery and equipment. Based on the function, the insulation segment is expected to dominant the market during the forecast periodBased on the function, the market has been segmented into insulation, illumination, and cooling. The insulation application segment accounts of the largest share and highest CAGR in the global 3D printing gases market.Regionally, North America region expected to dominate the 3D printing gases market throughout the forecast periodNorth America accounted for nearly 45% share of the global 3D printing gases market in 2018 and is expected to dominate the market throughout the forecast period. In North America, the presence of a large number of 3D printing companies, which increased the technological advancements in the product manufacturing across healthcare and aerospace industries. Moreover, the high spending for the technological development in the region is further expected to lead the demand for 3D printing process in the domestic market. Asia-Pacific is expected to hold the highest CAGR in the global market during the forecast period. The rise in the product demand across the aerospace and consumer good applications are expected to be the main driver for the growth of the region. Additionally, the adoption of 3D printing for the manufacturing of consumer goods product such as footwear, electronics, and jewelry are expected to increase the demand for 3D printing gases in the global market in the coming years. Company Profiles and Competitive Intelligence:The major players operating in the global 3D printing gases market are The BASF SE (Germany), The Linde Group (Ireland), Air Liquide S.A. (France), Praxair Inc. (United Kingdom), Air Products and Chemicals, Inc. (United States), Iwatani Corporation (Japan), Airgas Inc. (United States), Matheson Tri-Gas Inc. (United States), Messer Group (Germany), and Iceblick Ltd. (Ukraine) among others.
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Get latest Market Research Reports on 3D Printing Gases. Industry analysis & Market Report on 3D Printing Gases is a syndicated market report, published as Global 3D Printing Gases Market-Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026. It is complete Research Study and Industry Analysis of 3D Printing Gases market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.