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3D Printing Gases Market


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MarketsandMarkets projects that the 3D Printing Gases Market/Additive Manufacturing Gases Market size is to grow from USD 26.92 Million in 2015 to USD 45.12 Million by 2020, at an estimated CAGR of 10.88% from 2015 to 2020. The technological advancements and industrialization combined with an increasing population in developing economies, increasing demand in various applications such as design & manufacturing, healthcare, consumer products, automotive, aerospace & defense, and education & research are the major factors driving the growth of the 3D printing/additive manufacturing gases industry. Additionally, with rapid urbanization, growth in industrialization and the medical sector across the globe, there is a rapidly increasing need for 3D printing/additive manufacturing gases. 3D Printing/Additive Manufacturing gases are a wide and diverse group of products developed for application in specific end-use industries. They are used in various industrial applications such as design & manufacturing, healthcare, and aerospace & defense among others. Design & manufacturing is projected to have the largest market share and dominate the 3D Printing Gases Market/Additive Manufacturing Gases Market by 2020, as various applications use these gases. The medical and health care sectors are projected to play a key role in changing the 3D printing/additive manufacturing gases landscape and grow at a high rate during the forecast period.

Gas mixtures are projected to form the fastest-growing type in the 3D Printing Gases Market/Additive Manufacturing Gases Market as it is used in many end-use industries such as design & manufacturing and health care. The cylinder & packaged gas distribution mode is projected to account for the largest market share in the 3D printing/additive manufacturing gases market. Verticals such as tonnage distribution and merchant liquid distribution are expected to be key growing distribution modes during the forecast period.

3D Printing Gases Market

North America is projected to account for the largest market share and dominate the 3D printing/additive manufacturing gases market by 2020. Asia-Pacific offers potential growth opportunities as developing countries such as China and India are projected to be emerging markets, making the Asia-Pacific region the fastest-growing market for 3D printing/additive manufacturing gases. The growth of the 3D printing/additive manufacturing gases market in this region is driven by factors such as the growth of the design & manufacturing and health care industry, rise in demand for consumer products and automobiles from the growing population, and economic development. The European region has the highest growth rate across the globe.

However, due to the high cost of gas processing and intricate manufacturing processes, the organizations are exposed to potential risks and are restraining the growth of the 3D Printing Gases Market/Additive Manufacturing Gases Market. The major vendors in the 3D printing/additive manufacturing gases market include players such as BASF SE (Germany), The Linde Group (Germany), Air Liquide S.A. (France), Praxair Inc. (U.S.), and Air Products and Chemicals Inc. (U.S.). Other players in the market include Iwatani Corporation (Japan), Airgas Inc. (U.S.), Matheson Tri-Gas Inc. (U.S.), Messer Group (Germany), and Iceblick Ltd. (Ukraine).

These players adopted various strategies such as expansions, agreements, acquisitions, and new product developments & joint ventures to cater to the needs of the 3D Printing/Additive Manufacturing gases market.

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