News Update for 3D Printing Gases Market Expecting to Reach USD 73,887.5 million in 2026

Increase in digital printing has enhanced the adoption and development of the 3D printing gases technology, the rise in demand for digital technology in wallpapers, and increase in trend of interior decoration in the residential section are expected to drive the growth of the 3D printing gases market in upcoming years.

The global 3D printing gases market was valued at USD 36,851.5 million in 2018 and is expected to reach USD 73,887.5 million in 2026, growing at a CAGR of 9.1% from 2019 to 2026.

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The rise in demand for argon gas for the end-use application in aerospace and the automotive industry as well as the implementation of high-tolerance standards for 3D printing are the main driving factors for the demand for the 3D printing gases in the global market. Moreover, in the healthcare industry, the 3D printing made the availability for customization operation and working of prosthetics and dentistry and enables bio-printing of human-sized bones, cartilage, and muscle. This expected to raise massive demand for the gases used in 3D printing in the coming years. Furthermore, the rapid evaluation of the 3D printing industry is expected to create investment opportunities for the manufacturers to meet the demand for the requirement of gases. Asia-Pacific expected to play an important role in the development of global 3D printing gases market owing to the rise in the end-use industries for the product. The global leaders are investing in the region to meet the demand for 3D printing and associated gases such as argon and nitrogen.

However, the high cost associated with the manufacturing of 3D printing devices and the fluctuation in the gas prices are the main restraining factors in the market over the forecast period.

Key Findings:

• Based on the gas, the argon 3D printing gas accounted for more than 50% of the share in the global 3D printing gas market in 2018
• Based on technology, the poly-jet segment is expected to grow at a CAGR of around 10.12% during the forecast period
• Based on the end-use industry, the aerospace & defense segment is expected to dominate the global market and held for almost 35% of the total market in 2018
• Based on the function, the insulation segment is expected to dominant the market during the forecast period
• North America accounted for nearly 45% share of the global 3D printing gases market in 2018

Recent News:

• In July 2019, Engineers at the Georgia Institute of Technology have invented a method of energizing precursor molecules for the application in 3D printing nanoscale parts by using a tiny, high-energy supersonic jet of inert gas.