Market Overview
to 2023:
Building components in a controlled environment and
minimizing the entry of any impurities into the materials is one of the major
challenges faced during 3D metal printing. Gases such as argon and nitrogen
help to create an environment which allows manufacturing of these parts of
exact standards required for use in the automotive and aerospace industries. in
addition, these gases prevent part deformations by controlling thermal stress
through gradual cooling and improve safety through the inerting of combustible
dust during powder handling and sieving.
Competitive Analysis
·
Air Products and
Chemicals Inc
·
The Linde Group
·
Praxair Inc
·
Air Liquide
·
BASF SE
·
Universal
Industrial Gases Inc
·
Messer Group
·
Matheson Tri-Gas
Inc
Market Segmentation
The global 3D printing gases market has been
segregated on the basis of gas, technology, function, end-user, and region.
By gas, the global 3D printing gases market is
divided into argon, nitrogen, and gas mixtures. The argon segment held the
largest market share in 2017 and is expected to be dominant during the forecast
period. During 3D metal printing process, argon gas is used as a shielding gas
to remove reactive gases surrounding the melt pool to avoid reaction with
atmospheric gases like oxygen which may cause damage to the fabricated part.
However, the gas mixtures segment is expected to be fastest growing segment in
the coming years. This can be attributed to rising need for obtaining the
combined shielding and cooling effect by use of the gas mixtures during the process.
On the basis of technology, the global 3D printing
gases market is categorized as stereolithography, laser sintering, poly-jet,
material jetting, electron beam melting, and others. The laser sintering
segment is expected to be the dominant technology segment during the assessment
period. This can be mainly attributed to growing use of this technology in 3D
plastic and metal printing for manufacture of functional prototypes, automotive
die-casting parts, sheet metal forming, and motor housing. Increasing demand
for the technology in the automotive and healthcare industries is expected to
boost demand for 3D printing gases in the years to follow.
Based on function, the global 3d Printing
Gases Market has been segmented
as insulation, cooling, and illumination. The insulation segment accounted for
the largest market share in 2017 and is projected to be the Leading segment
during the forecast period.
On the basis of end-user, the global 3D printing
gases market has been divided into automotive, aerospace & defense,
consumer products, healthcare, and others. In 2017, the aerospace & defense
segment held the largest share of this market. 3D printing has predominantly
been used as a prototyping solution rather than the manufacturing of end parts.
Growing use of 3D printing gases in the fabrication of highly complex and
lightweight structures with high stability.
Regional Analysis
The global 3D printing gases market has been
studied with respect to five regions—Asia-Pacific,
North America, Europe, Latin America, and the Middle East & Africa.
North America is the hub to the major 3D printing gases producers and also is
the leading consumer of these gases. The market in Asia-Pacific is expected to
grow at a high CAGR owing to the rising product demand in the automotive and
healthcare industries. The automotive industry in the region is growing at a significant
rate which is expected to fuel demand for the product and favor growth of the
regional market.
The regional market in Europe is projected to
account for the largest share of the market owing to the technological
development in the field of AM and its increasing use in the medical and
aerospace industries.
Impact of COVID-19 on Recycled Polyethylene Terephthalate Market
@ https://www.marketresearchfuture.com/report/covid-19-impact-recycled-polyethylene-terephthalate-market
Impact of COVID-19 on Automotive Coolant Market @ https://www.marketresearchfuture.com/report/covid-19-impact-automotive-coolant-market
No comments:
Post a Comment