3D Printing Gases Market Size, Share, Growth Report 2030

3D Printing Gases Market: Overview

The Global 3D Printing Gases Market accounted for USD 43.06 Million in 2020 and is expected to reach USD 111.73 Million by 2028, growing at a CAGR of 10.23% from 2021 to 2028.

3D printing/ Additive manufacturing is yet another technological advancement that has caused a notable shift in industrial production and has been made possible by the change from traditional to digital processes. Simply put otherwise, it is the process of converting tangible objects from a digital model using a specific printer. Now, due to many reasons, the growth of the 3D printing Gases market is expected to witness a new demand, but in due consideration to reasons such as lack of standardized equipment combined with structural restrictions will weaken the growth graph in the market.

Due to its varying end-user applications, the Increasing investment in research and development activities for 3D printing is one of the most vital roles that is anticipated to boost demand for 3D printing gases and drive market growth in the forthcoming years. Moreover, the rising demand for 3D printing gases from industries such as design and manufacturing, healthcare, automotive, and others, is another fuel factor that accelerates the expected growth in the respective target market over the forecast period. In addition to it, the changing adoption from the oil and gas sector for 3D printing gases is also a beneficiary to the 3D printing Gases market.

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COVID-19 Impact Analysis

Owing to the global pandemic, COVID-19 has affected almost every industry all across the globe causing long-term effects which is indirectly proposed to impact the entire industry’s growth during the estimated period. Since many local body governments have imposed lockdown restrictions on factories for the production and manufacture of articles, the 3D printing market is also adversely affected. The 3D printing market is largely dependent on few ingredients and it is possible to enhance the production only with the help of cross-country trade relationships. Citing the reasons mentioned above, it is obvious that the industry has taken a setback due to the outbreak of the virus. Although, the situations are likely to be positive or in favor of the 3D printing Gases market in the estimated time frame.

3D Printing Gases Market: Growth Factors

Owing to certain factors such as increasing investment in the department of research and development for 3D printing, rising demand for inert gases in the field of aerospace and healthcare industries, the need to make a shift from the oil industry and reduce the burden overlying on it, rapid industrialization and the spike in the adoption from the healthcare industry, the 3D printing Gases market is expected to witness a measurable growth in the future years. Additionally, the growing number of technological advancements is becoming inevitable and has been a major reason for significant growth in the industry.

Report Scope:

Gases Type Segment Analysis Preview 

On the basis of Gases type, the market can be divided into argon, nitrogen, and gas mixtures. The argon 3D printing gas accounted for a significant amount of the share in the global 3D printing gas market due to the spike in demand for inert gases in the end-use industries to match and cope with high Argons, which were primarily required in 3D printing. This is anticipated to cause an increase in growth for argon gas in the global market in the coming years. 

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Technology Segment Analysis Preview

On the basis of the technology, the market has been subdivided into stereolithography, laser sintering, poly-jet, and others. Although, the stereolithography technology segment accounts for the largest share in the market and is anticipated to grow at a notable rate during the forecast period.

All the more, the increased investment in research & development activities in the developing/ under-developed countries is expected to raise the market share in the global 3D printing gases market over the estimated time period. On a negative note, the need for high capital investment is observed to weaken the growth of this segment.

End-User Segment Analysis Preview

On the basis of the End-User, the market has been bifurcated into Design & Manufacturing, Healthcare, Consumer Products, and Others. 

Whilst it was noted that the defense & aerospace segment was seen to hold the largest share in the market, explaining reasons such as strict government regulations in order to make the manufacturers meet the industry standards. However, the Healthcare segment is predicted to hold the highest CAGR in the market all through the estimated period with reasons such as a massive change in terms of technological advancement prevailing in the industry for the enhancement of low-cost effective equipment and machinery.

3D Printing Gases Market: Regional Analysis Preview

In the regional segmentation, the global market is bifurcated into six key regions, namely, Europe, North America, Latin America, Asia Pacific, the Middle East, and Africa. But North America is the largest market share holder and is anticipated to lead the 3D printing/additive manufacturing gases market. However, Asia-Pacific also has prospective growth opportunities, having countries such as China and India, and it is projected to be an emerging market of the Asia-Pacific region and thereby causing the reason to be the fastest-growing market for 3D printing/additive manufacturing gases.

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3D Printing Gases Market: Key Players & Competitive Landscape

Some of the most important market players are BASF SE, The Linde Group, Air Liquide, Praxair Inc, Air Products and Chemicals Inc, Universal Industrial Gases Inc, Messer Group, and Matheson Tri-Gas Inc.

The global 3D Printing Gases market is segmented as follows:

By Type Segment Analysis: 

• Argon
• Nitrogen
• Gas mixtures

By Technology Segment Analysis: 

• Stereolithography
• Laser sintering
• Poly-jet technology
• Others

By End User Segment Analysis: 

• Design & manufacturing,
• Healthcare
• Consumer products
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa