3D Printing Gases Market Research Report – Global Forecast till 2030

3D Printing Gases Market: Information by Gas (Argon, Nitrogen), Technology (Stereolithography, Laser Sintering, Poly-Jet), Function (Cooling, Insulation), End-User (Automotive, Aerospace & Defense, Consumer Products), Region - Global Forecast till 2030

ID: MRFR/CnM/5578-HCR | February 2021 | Region: Global | 185 pages

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3D Printing Gases Market overview:



3D Printing Gases Market is expected to surpass the market value of over USD 152.18 million by the year 2028 while registering a CAGR of 14.85% during the forecast period.



3D printing gases offer varied uses in the industrial sector, however intensively used in the quality improving criteria. The 3D printing gases are highly utilized to reduce the oxidation of the forged parts, in the printing environment, such practices thereby reduce the part deformities as it incorporates gradual cooling. The number of applications has also increased for the 3D printing gases industry which includes healthcare, aerospace, defense, building and construction, and other industries. On the other hand, the material manufacturing of materials such as plastics, metals, ceramics, and waxes were the primary drivers of the 3D printing gases industry, where the gases such as argon and nitrogen were used to provide stability for the products. The higher costs incurred for the gas processing and the manufacturing process while letting the organizations face potential risks throughout the processes are negatively influencing the overall growth of the 3D printing gases industry.


 


The rapid development in the healthcare industry has increased the demand for stereolithography which helps in the manufacturing of wearable assist devices, and prosthetics. As the manufacturing of these medical products includes 3D printing gases, the 3D printing gases market value has been rapidly increasing in recent years.


 


COVID 19 Analysis:


 


The manufacturing processes in several manufacturing countries have been reduced due to the pandemic and the prolonged restriction. Moreover the potential end-user industries such as automotive and design and manufacturing industries were also showcasing lower demand due to the change in the customer attitude. Such factors have negatively influenced the 3D printing gases market growth during the pandemic. However, after the relaxation of the stringent regulations imposed by the government, the manufacturing industries are expected to expedite their processes and therefore the market growth is also expected to gain back its pace. 


 


Market dynamics:


 


Market drivers:


 


Growing demand for inert gases in crucial industries like aerospace and healthcare industries because of their requirement of high-tolerance standards is considered as the major driver. Additionally, the demand for the design, manufacturing, healthcare, consumer products, automotive, aerospace, defense, and significant other applications are currently driving the overall growth of the 3D printing gases industry.


 


The demand for the manufacturing of high-quality products is rapidly increasing in the industrial sector, the impurities eliminating techniques were rapidly advancing. Gases such as argon, nitrogen, and other combination of gases are effective in offering inanimate atmospheric conditions that help in reaching higher standards in material manufacturing. Therefore the demand in the manufacturing sector is considered as the major driver of the 3D printing gases industry.


 


Market opportunities:


 


The increasing product demand in the potential end-user industries such as aerospace and consumer goods industries accompanied with the advancements in industrialization and technologies are presenting a lucrative opportunity for 3D printing gases market growth during the forecast period. 


 


The increasing investment in the medical sector and rapid modernization of medical equipment are promoting the 3D printing gases market value in recent years. Similarly, the increasing demand in the oil and gas industries and the demand for the complex parts in these industries are also presenting lucrative opportunities for the 3D printing gases market growth during the forecast period. 


 


Market restraints:


 


 The higher costs incurred in the gas processing and the manufacturing processes while letting the industries face significant challenges as well are considered as the major restraints of 3D printing gases market growth.


 


The stringent regulations imposed by the government of the developed countries, considering the health complications of inhaling these inert gases such as hallucinations, impaired judgment, loss of memory, and others are considered as the major restraints of 3D printing gases market growth.


 


Market challenges:


 


The regulatory measurements and the concentration of these inert gases in the 3D printing processes are crucial. Although they don’t cause catastrophic disasters or explode, the concentration of the gases can cause injury or death. They can reduce the oxygen level in the atmosphere, therefore they are capable of reducing the oxidation of the components, but can cause difficulties for the personnel working in the industrial area. Therefore these gases require proper handling and are considered as the major challenge for the overall growth of the 3D printing gases industry.


 


Some of the common problems faced in industrial processes are porosity, where the pores are formed during the production technique, especially due to insufficient energy. Such side effects are considered as the major challenges for 3D printing gases market growth.


 


Cumulative growth analysis:


 


3D printing processes are highly preferred as they are considered as most economical while producing quality products. Also, the manufacturers are capable of developing lighter products with a better weight to thrust ratio while creating fuel-efficient materials. The demand for medical equipment and products is significantly increasing with the increasing medical conditions and emergencies across the globe. For instance, prosthetics, dentistry, and the demand for producing bio-printing in medical studies are rising. Such factors have increased the utilization of 3D printing in the healthcare industry. The usage of these inert gases significantly reduces the oxidation of the sintered parts of the medical equipment and thereby increases the life of these parts. Such factors are bolstering the overall growth of the 3D printing gases industry. The market value of 3D printing gases was at USD 47.82 million in the year 2020 and it is expected to surpass the market value of over USD 152.18 million by the year 2028 while registering a CAGR of 14.85% during the forecast period.


 


Value chain analysis:


 


Additive manufacturing or 3D printing techniques in the manufacturing sector is considered as one of the most efficient techniques in recent years, as it has been highly efficient in harvesting and transporting oil and other fuels for several companies. Additionally, the processes are proficient in reducing the carbon footprint as well. Such factors have propelled several developed countries to introduce the technique in their manufacturing industries. Also, the connectivity between the chemical industry with the 3D printing oil and gas industries is impacting the overall growth of the 3D printing gases industry. 


 


The manufacturing industries face an intense challenge while manufacturing the components while eliminating the introduction of impurities into the materials. However, the demands for these components with a higher standard in the aerospace and automotive industries are higher. In such cases, inert gases are used in these manufacturing processes such as directed energy deposition, electron beam melting, selective laser sintering, powder bed fusion, binder jetting, and significant others. Such processes significantly reduce the rate of contamination and manufacture higher-quality components. The demand in the design and manufacturing and the automotive industry across the globe are stimulating the overall growth of the 3D printing gases industry.


 


Segment overview:


 


Based on gas:


 



  • Argon

  • Nitrogen

  • Gas mixtures.


 


Based on technology:


 



  • Stereolithography

  • Laser Sintering

  • Poly-Jet

  • Material Jetting

  • Electron Beam Melting

  • Others


 


Based on function:


 



  • Insulation

  • Cooling

  • Illumination.


 


Based on end-user application:


 



  • Automotive

  • Aerospace & Defense

  • Consumer Products

  • Healthcare

  • Others 


 


Based on Storage:


 



  • Cylinder & packaged

  • Merchant liquid


Tonnage


Global 3D Printing Gases Market Share, by End-User, 2017 (%)


 


Source: MRFR analysis


Regional analysis:


 


North America is currently holding the highest market share in the 3D printing gases industry. This is due to the presence of several established and prominent industrial gas companies in the region, additionally, the rate of development activities across the region, in the field is comparatively higher.


 


On the other hand, countries such as India and China are showcasing higher growth opportunities in the 3D printing gases industry, which is due to the increasing implementation of 3D printing techniques in the manufacturing sectors, and these countries are already known for their numerous manufacturing industries. Additionally, the end-user industries such as healthcare, design, manufacturing, and oil & gas industries across the region are also impacting the overall growth of the 3D printing gases industry. The growing population in the Asia-pacific region has increased the demand for the increased production rate for the consumer goods such as footwear, electronics, electrical equipment, and so on. Such factors have also impacted the 3D printing gases market growth in recent years.


 


Competitive landscape:


 



  • BASF SE (Germany)

  • The Linde Group (Germany)

  • Air Liquide S.A. (France)

  • Praxair Inc. (U.S.)

  • Air Products and Chemicals Inc. (U.S.)

  • Iwatani Corporation (Japan)

  • Airgas Inc. (U.S.)

  • Matheson Tri-Gas Inc. (U.S.)

  • Messer Group (Germany)

  • Iceblock Ltd. (Ukraine).


 


Recent developments:


 


November 2021 - TronHoo, a China-based advanced desktop 3D printer developer, has introduced its latest thermochromic PLA filament. Blended with leuco dye additives, this thermochromic material facilitates change of colors on the basis of its temperature, and is developed for toys, consumer goods, artwork, and decorations. The new thermochromic material further provides better higher impact resistance compared to the traditional PLA filament.

September 2021 - Crown introduces a range of thermochromic cans, which when beverage is chilled, changes color; while unveiling a new design every time the beverage is consumed. The traditional thermochromic technology induces color change of the can when there is chilled drink inside, which helps tell the consumers about the right drinking temperature. On the other hand, the Reveal technology used by Crown Bevcan Europe as well as the Middle East, making use of two separate thermochromic inks, which allows display of a third image right after the drink’s consumption.


The AI-based software solutions were utilized in the 3D printing gas manufacturing processes. The AI bases software solutions such as Netfabb and Autodesk were utilized to evaluate and automate the design files using the machine learning algorithms. Also, the industry has developed closed-loop control systems that are capable of reducing wastage and optimizing the sources in the manufacturing industries.


 


In the year 2018, one of the leading market players, DSM additive has introduced Artinel ID 2060 HT, which is considered as the high-performance thermoplastic co-polyester which is specially designed for 3D printing leveraging fused filament fabrication. This type of 3D printing is novel in the industry and helps in the field of nutrition and sustainable living.


 


Report overview:


 


This report has covered:



  • Market overview

  • COVID 19 Analysis

  • Market dynamics

  • Cumulative growth analysis

  • Value chain analysis

  • Segment overview

  • Regional analysis

  • Competitive landscape

  • Recent developments


 


Segmentation Table:


 


Based on gas:


 



  • Argon

  • Nitrogen

  • Gas mixtures.


 


Based on technology:


 



  • Stereolithography

  • Laser Sintering

  • Poly-Jet

  • Material Jetting

  • Electron Beam Melting

  • Others


 


Based on function:


 



  • Insulation

  • Cooling

  • Illumination.


 


Based on end-user application:


 



  • Automotive

  • Aerospace & Defense

  • Consumer Products

  • Healthcare

  • Others 


 


Based on Storage:


 



  • Cylinder & packaged

  • Merchant liquid

  • Tonnage



Report Scope:
Report Attribute/Metric Details
  Market Size   2028: USD 152.18 million
  CAGR   Substantial Value
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Gas, Technology, Function, End-user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), The Linde Group (Germany), Air Liquide (France), Praxair Inc (US), Air Products and Chemicals Inc (US), Universal Industrial Gases Inc (US), Messer Group (Germany), and Matheson Tri-Gas Inc (US)
  Key Market Opportunities   Surging product demand in the aerospace and consumer good applications
  Key Market Drivers   Increasing demand for inert gases in the aerospace and healthcare industries to meet the high-tolerance standards required in 3D printing


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Frequently Asked Questions (FAQ) :

The outlook of the global 3D printing gases market looks very promising.

The aerospace & defense segment by end-user industries would continue holding the largest share in the global 3D printing gases market.

Rising demand for inert gases in the aerospace and healthcare industries for purified water, Rapid increase in the global economy.

North America holds the largest share in the global 3D printing gases market, followed by the Asia Pacific and Europe, respectively.

The Linde Group (Germany), BASF SE (Germany), Air Liquide (France), Air Products and Chemicals Inc. (US), Praxair Inc. (US), Messer Group (Germany), Universal Industrial Gases Inc. (US), and Matheson Tri-Gas Inc. (US), are some of the major players operating in the 3D printing gases market.

The inert gases are intensively used in the aerospace and healthcare sector as they operate with higher tolerance standards and they show higher demand for the 3D printing gases which makes them major end-user industries of the 3D printing gases industry.