3D printing is also known as additive manufacturing, is used for manufacturing of consumer goods, industrial goods, and healthcare products. In rapid prototyping and production of metal components, 3D printing gases such as argon and nitrogen are used to provide inert atmospheres for high-quality 3D prints.
Increasing investment in research and development activities for 3D printing is a major factor, expected to drive growth of the 3D printing gases market over the forecast period. However, the high processing cost may hamper demand for 3D printing and restrain growth of the target market over the forecast period.
The global 3D printing gases market has been segmented on the basis of type, function, technology, storage, end-use industry, and region. On the basis of type, the target market is segmented into argon, nitrogen, and gas mixtures. On the basis of function, the target market is segmented into insulation, illumination, and cooling. On the basis of technology, the target market is segmented into stereolithography, laser sintering, poly-jet technology and others. The other segment includes binder-jetting technology, electron beam melting, and fused disposition modeling.
On the basis of storage, the target market is segmented into cylinder & packaged, merchant liquid, and tonnage. The cylinder & packaged segment is projected to witness highest growth in the target market during the forecast period. On the basis of end-use industry, the target market is segmented into design and manufacturing, healthcare, consumer products, and others. The other segment is further bifurcated into automotive, research and education. The design and manufacturing segment is projected to witness highest growth in the target market during the forecast period.
Request for the Sample Report Here: https://marketresearch.biz/report/3d-printing-gases-market/request-sample/
On the basis of region, the global 3D printing gases market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America accounted for the highest share in terms of revenue and is expected to dominate the 3D printing gases market over the forecast period. Europe market is accounted for second highest share in terms of revenue and is expected to register a highest CAGR during the forecast period, owing to rapid industrialization and increasing adoption from the healthcare sector in the region. The Asia Pacific market is projected to witness a significant growth rate in coming years.
Key players operating in the global 3D printing gases market include The Linde Group, BASF SE, Air Liquide, Universal Cryo Gas, LLC, Air Products and Chemicals, Inc., Messer Group GmbH, Praxair, Inc., Matheson Tri-Gas, Inc., Refrigeration & Oxygen Company Limited, and Iwatani Corporation.