Global 3D Printing Gases Market, By Type (Argon, Nitrogen, Gas Mixtures), Technology (Stereolithography, Laser Sintering, Poly-Jet Technology, Others), Storage (Cylinder and Packaged Distribution, Merchant Liquid Distribution, Tonnage Distribution), Function (Insulation, Illumination, Cooling), End-Use industry (Design and Manufacturing, Healthcare, Consumer Products, Others) – Industry Trends and Forecast to 2029.
3D Printing Gases Market Analysis and Size
The market is anticipated to increase as a result of the aggressive three-dimensional printing research and development as well as the rising demand for prototype applications from different industrial verticals, particularly healthcare, automotive, and aerospace and military. The market will continue to have accelerated growth pace during the forecast period.
Global 3D printing gases market was valued at USD 50.82 million in 2021 and is expected to reach USD 131.70 million by 2029, registering a CAGR of 12.64% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
3D Printing Gases Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Argon, Nitrogen, Gas Mixtures), Technology (Stereolithography, Laser Sintering, Poly-Jet Technology, Others), Storage (Cylinder and Packaged Distribution, Merchant Liquid Distribution, Tonnage Distribution), Function (Insulation, Illumination, Cooling), End-Use industry (Design and Manufacturing, Healthcare, Consumer Products, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Air Products Inc., (U.S), Linde Plc (Germany), Air Liquide (France), Ellenbarrie Industrial Gases (India), Praxair Technology, Inc., (U.S), TAIYO NIPPON SANSO CORPORATION, (Japan), AIMS INDUSTRIES PRIVATE LIMITED (India), scicalgas (U.S), SOL Group (Italy), Atlas Copco AB (Sweden), Zaburitz Pearl Energy Co., Ltd., (Myanmar), Rotarex (Luxembourg), Messer Group GmbH (Germany), Amico Group, (UAE) and GCE Group (Sweden)
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Market Opportunities
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Market Definition
The 3D printing or additive manufacturing is carried out in controlled surroundings with little exposure of materials and processes to contaminants to manufacture high-quality items. The inert atmospheres necessary to achieve the stringent tolerance levels of this field are provided by gases like argon, nitrogen, or combinations of gases. The 3D printing gases are used to raise the caliber of the parts that are 3D printed. In order to produce a stable printing environment, they are also utilized to maintain constant pressure, reduce powder clumping in the feed tubes, and regulate thermal stress through gradual cooling to prevent component deformities.
3D Printing Gases Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Usage of 3D Printing Gases
The major factor that is accelerating need for inert gases in key industries like aerospace and healthcare due to their need for high-tolerance standards. The market for 3D printing gases is now being driven by the demand for the design, manufacturing, healthcare, consumer goods, automotive, aerospace, and defense sectors, among many other uses. Gases like nitrogen, argon, and other gas mixtures are good at providing inanimate ambient conditions that aid in meeting higher criteria for material manufacture. As a result, it is believed that the manufacturing sector's demand primarily drives the market for 3D printing gases.
The increasing population in developing economies will further propel the 3D printing gases market growth rate. Additionally, the rapid urbanization, growth in industrialization and the medical sector across the globe will also drive market value growth. The expansion of the automotive industry and the increase in defense budgets are other market growth determinants projected to bolster the market's growth.
Opportunities
- Investments and Research and Development
Furthermore, the increasing investment in the medical sector will further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the rising research and development activities will further expand the future growth of the 3D printing gases market.
Restraints/Challenges
- High Costs
The organizations are exposed to potential risks due to the high cost of gas processing and the intricate manufacturing process, which is limiting the market growth for 3D printing gases.
- Stringent Regulations
The development of the 3D printing gases market is largely constrained by the strict regulations imposed by the governments of developed nations, which take into account the health risks associated with breathing in these inert gases, including hallucinations, impaired judgement, memory loss, and others. Consequently, this factor will challenge the 3D printing gases market growth rate.
This 3D printing gases market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the 3D printing gases market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
COVID-19 Impact on 3D Printing Gases Market
The coronavirus had a negative impact on the 3D printing gases market. The prolonged restriction has further resulted in severe disruptions in various manufacturing as well as the supply-chain operations. Moreover, due to the shift in consumer attitudes, potential end-user industries like the automobile, design, and manufacturing sectors all showed decreasing demand. These elements have had a negative impact on the pandemic's expansion of the 3D printing gases market. The manufacturing industries are anticipated to speed up their operations following the easing of the government's strict rules, and as a result, the market growth is anticipated to pick up speed as well.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In November 2021, A Chinese company called TronHoo has unveiled its newest thermochromic PLA filament for desktop 3D printers. This thermochromic substance, designed for toys, consumer items, artwork, and decorations, allows for colour changes based on temperature when blended with leuco dye additives. In addition, the new thermochromic polymer offers more impact resistance than the conventional PLA filament.
- In September 2021, When a beverage is cold, a variety of thermochromic cans from Crown change colour, and each time the beverage is drunk, a new design is revealed. Traditional thermochromic technology causes the can's colour to change when a cold beverage is inside, helping to inform customers about the ideal drinking temperature. On the other hand, the Reveal technology used by Crown Bevcan in Europe and the Middle East employs two distinct thermochromic inks and enables the display of a third picture immediately following the consumption of the beverage.
Global 3D Printing Gases Market Scope
The 3D printing gases market is segmented on the basis of type, technology, storage, function and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Argon
- Nitrogen
- Gas Mixtures
Technology
- Stereolithography
- Laser Sintering
- Poly-Jet Technology
- Others
Storage
- Cylinder and Packaged Distribution
- Merchant Liquid Distribution
- Tonnage Distribution
Function
- Insulation
- Illumination
- Cooling
End-Use Industry
- Design and Manufacturing
- Healthcare
- Consumer Products
- Others
3D Printing Gases Market Regional Analysis/Insights
The 3D printing gases market is analyzed and market size insights and trends are provided by country, type, technology, storage, function and end-use industry as referenced above.
The countries covered in the 3D printing gases market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the prevalence of various manufacturers and technological advancement in the region's aerospace and healthcare industry.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the increasing growth from various industries in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and 3D Printing Gases Market Share Analysis
The 3D printing gases market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to 3D printing gases market.
Some of the major players operating in the 3D printing gases market are
- Air Products Inc., (U.S)
- Linde Plc (Germany)
- Air Liquide (France)
- Ellenbarrie Industrial Gases (India)
- Praxair Technology, Inc., (U.S)
- TAIYO NIPPON SANSO CORPORATION, (Japan)
- AIMS INDUSTRIES PRIVATE LIMITED (India)
- scicalgas (U.S)
- SOL Group (Italy)
- Atlas Copco AB (Sweden)
- Zaburitz Pearl Energy Co., Ltd., (Myanmar)
- Rotarex (Luxembourg)
- Messer Group GmbH (Germany)
- Amico Group, (UAE)
- GCE Group (Sweden)
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