The explosive growth of the 3D printing industry and the commercialization of 3D printers for home use will be a defining trend for the global 3D printing gases market, states Transparency Market Research (TMR) in a new report. The report is titled, ‘3D Printing Gases Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.’ Additive manufacturing, also popularly known as 3D printing, is being used in a myriad of industries. In virtually all 3D printing applications, 3D printing gases are now being employed to improve the quality of the final part being printed.
According to the report, the use of 3D printing gases such as argon and nitrogen has gained traction because they help create the required inert atmosphere while manufacturing products that conform to high tolerance standards. These gases also prove crucial in creating a controlled atmosphere in instances where oxidation of freshly printed parts is a possibility. Thus, nearly all 3D printing applications that require minimal exposure of 3D printing materials to the ambient air are likely to make use of 3D printing gases. This factor will further aid 3D printing gases in becoming an indispensable component of the 3D printing industry.
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Moreover, 3D printing gases are also being used in printing chambers to maintain the desired pressure and humidity levels. Combustible dust, a dangerous byproduct of the 3D printing process, can also be controlled using the right 3D printing gases. Another vital application of 3D printing gases is keeping 3D printing powders from clumping and keeping their consistency in line with desired standards. Sudden cooling of parts can cause deformities or ruptures. The use of 3D printing gases can help prevent this by controlling thermal stress.
The growing use of 3D printing in the automotive industry, healthcare devices and instruments industry, defense and aerospace, consumer goods, and energy sector will also contribute substantially to the growth of the global 3D printing gases market.
The report studies the key geographical segments of the global 3D printing gases market to provide insight about which regional markets will present the most promising opportunities. The report finds that North America will continue to lead the market in the short term on account of the proliferating use of 3D printing in several industries. Besides countries in North America, emerging nations in Asia Pacific, such as India and China will show promising growth in demand for 3D printing gases. However, the falling prices of 3D printings could cause a dent in the revenues earned from 3D printed gases.
Companies that have established a notable presence in the global 3D printing gases market are: Air Liquide S.A., BASF SE, The Linde Group, Air Products and Chemicals, Inc., Matheson Tri-Gas, Inc., Praxair, Inc., Universal Cryo Gas, LLC, Iceblick Ltd., and Messer Group.
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