MarketsandMarkets (M & M), a leading manufacturing industry research institute, released a study on the 3D printing gas market. Not surprisingly, the 3D printing gas here is not about using gas as a raw material for 3D printing, but rather about the inert gas that is used in metal 3D printing.
As we all know, in the metal 3D printing technology, the main use of metal powder particles as a raw material. The finer the metal particles, the more susceptible to other factors such as oxidation. Manufacturers to avoid contamination of metal particles to create a stable 3D printing environment, usually require the use of high-quality inert gas printing. Among them, argon is the most commonly used, it can eliminate oxidation and many reactions, but also can be mixed with other gases. Nitrogen also has similar benefits and is more economical.
According to M & M's study, which includes the company, the company expects the worldwide 3D printing gas market to grow from 26.92 million U.S. dollars in 2015 to 45.12 million U.S. dollars in 2020, representing a CAGR of 10.88%.
Undoubtedly, the rapid growth shown in these figures for the 3D printing gas market is in line with the global rollout of the 3D printing industry itself. Obviously, as the production of industrial-grade 3D printed components increases, there is a corresponding increase in demand for these gases and their mixtures. Starting in 2014, M & M's study predicts changes in the market scale from the end of 2014 through 2020 and examines the industry's drivers such as further industrialization, technological change, innovation and increased demand in the healthcare industry .
Although this is a very small market segment, there is very little data available. However, based on the revenue figures of "key suppliers" and referring to their products, M & M can eventually estimate the size of the entire market. According to the data in the report, these key suppliers are:
BASF Corporation (Germany)
· Linde Group (Germany)
· French Air Liquide Group (France)
· Praxair Corporation (USA)
· Air Products Company (USA)
Japan Dayang Acid Co., Ltd. (Japan)
"... we divided the entire market into segments and subsections and then conducted extensive interviews with key individuals such as CEOs, vice presidents, directors, senior executives, etc., to conduct preliminary studies and verify them." M & M's research team, at Their report said. "Finally, we analyze these data to get accurate statistics for the entire market."http://www.wxytgas.com