APAC 3D Printing Gases Market: Industry Analysis and Forecast (2024-2030)
APAC 3D Printing Gases Market was valued at USD 1.79 Billion in 2023. APAC 3D Printing Gases Market size is forecasted to grow at a CAGR of 14.5 % over the forecast period.
Format : PDF | Report ID : SMR_1278
APAC 3D Printing Gases Market Definition:
3D printing gases are expected in facilitated conditions where materials and methodologies are toxic substances to get quality things. Gases like nitrogen and argon are broadly used to give sufficient Nuffield's raised resistance necessities. Added substance manufacturing or 3D printing gases ought to be acted in reg transparency of materials and techniques to contaminations to make remarkable things. Gases like argon, and nitro offer the idle cool expected to appear at possible rules of this field.
Further, the APAC 3D Printing Gases market is segmented by gas, technology, end-use, and geography. Based on Gas, APAC 3D the Printing Gases market is segmented under Argon, Nitrogen, and Gas Mixtures. Based on the technology APAC 3D Printing Gases market is segmented under stereolithography, laser sintering, poly-jet, and others. Based on the end-use, the APAC 3D Printing Gases market is segmented into the automotive, aerospace & Défense, healthcare, and others. By geography, the market covers the major countries in the Asia Pacific i.e., India, China, Japan, Australia, and the Rest of Asia Pacific For each segment, the market sizing and forecasts have been done based on value (in USD Million/Billion).
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APAC 3D Printing Gases Market Dynamics:
Creating demand for latent gases is fundamental for industries like the aerospace and Healthcare industry because their need for high-opposition standards is seen as an immense driver. Likewise, the demand for design, manufacturing, healthcare, consumer Gases, automotive, aerospace, Défense, and huge various applications are at present driving the general growth of the 3D printing gases industry.
The demand for the manufacturing of extraordinary things is quickly stretching out in the industrial region, the pollution-killing procedures were quickly progressing. Gases like argon, nitrogen and mixes of gases are convincing in offering lethargic cools that assist with appearing at better assumptions in material manufacturing. Subsequently, the demand in the manufacturing district is seen as the major or important driver of the 3D printing gases industry.
The rising thing demand in the potential end-client industries, like, aviation and customer goods industries joined by the movement in industrialization and types of progress set create an opportunity for 3D printing gas market growth during the forecasted period.
The greater expenses brought about by the gas taking consideration and the manufacturing processes while allowing the industries to permit huge limitations are considered as the basic requirements of 3D printing gas market growth.
The extreme principles obliged by the public authority of the nations, taking into account the amazing issues of taking in these latent gases like dreams, crippled judgment, loss of memory, and others are seen as the major or important restrictions of the 3D printing gases market growth.
The authoritative assessments and the gathering of these latent gases in the 3D printing processes are major or important. Even though they don't cause horrendous calamities or detonate, the gathering of the gases can cause injury or passing. They can lessen the oxygen level in the air, consequently, they are ready for diminishing the oxidation of the parts, yet can cause limitations for the staff working in the cutting edge locale. In this way, these gases require fitting overseeing and are seen as major or important limitations for the overall growth of the 3D printing gases industry.
A piece of the common issues taken a looked at in industrial cycles is porosity, where the pores are illustrated during the creation system, particularly as a result of lacking energy. Such impacts are viewed as major or important limitations to 3D printing gas market growth.
APAC 3D Printing Gases Market Segment Analysis:
Based on the gas, the 3D printing gases market has been segmented into argon, nitrogen, and gas mixtures. The argon 3D printing gas addressed more than half of the proposition in the APAC 3D printing gas market in 2023 attributable to the expansion well known for latent gases in the end-use dares to fulfill the high-obstacle rules, which are anticipated in 3D printing. It this common to update the growth of argon gas in the estimated period.
Based on the technology, the market has been segmented into stereolithography, laser sintering, poly-jet, and others. The stereo lithography type’s growth segment addresses the largest share in the market and is expected to grow at a CAGR of around 9.1% during the forecasted period.
While the poly-stream segment should hold the largest CAGR of around 10.12% during the estimated period. The extension in innovative work action in non-industrial countries is expected to expand the market share in the 3D printing gases market during the forecasted period. In any case, the requirement for the high capital industry is expected to hamper the growth of this segment.
Based on the end-use industry, the market has been fragmented into automotive, aerospace & Défense, healthcare, and others. The aerospace and Défense segment addresses the largest share in the market and held essentially 35% of the complete market in 2023 owing to serious government endlessly leads for the makers to fulfill the business standards.
The healthcare services organization segment should hold the highest CAGR in the market all through the determined period attributable to a massive change-term technological advancement in the business to work on irrelevant financially savvy machinery and equipment.
APAC 3D Printing Gases Market Regional Insights:
Asia-Pacific is expected to grow at CAGR of xx% during the forecasted period. The expansion in the thing interest across the aerospace and purchaser merchandise applications should be the central driver for the progression of the area. In addition, the gathering of 3D printing for the manufacturing of buyer things like footwear, equipment, and Jewelry should construct the interest for 3D printing gases in the market in the forecasted years.
APAC 3D Printing Gases Market Key Players Insights:
The market is characterized by the existence of many well-known firms. These companies control a large segment of the market, have a wide product portfolio, and have a regional presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The objective of the report is to present a comprehensive analysis of the APAC 3D Printing Gases market to the stakeholders in the industry. The report provides trends that are most dominant in the APAC 3D Printing Gases market and how these trends will influence new business investments and market growth throughout the forecast period. The report also aids in the comprehension of the APAC 3D Printing Gases Market dynamics and competitive structure of the market by analysing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the APAC 3D Printing Gases market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent growths in the APAC 3D Printing Gases market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the APAC 3D Printing Gases market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the APAC 3D Printing Gases market. The report also analyses if the APAC 3D Printing Gases market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, and if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the growth of company strategies. Political variables help in figuring out how much a government can influence the APAC 3D Printing Gases market. Economic variables aid in the analysis of economic performance drivers that have an impact on the APAC 3D Printing Gases market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the APAC 3D Printing Gases market is aided by legal factors.
APAC 3D Printing Gases Market Scope:
APAC 3D Printing Gases Market |
|
Market Size in 2023 |
USD 1.79 Bn. |
Market Size in 2030 |
USD 4.63 Bn. |
CAGR (2024-2030) |
14.5% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2023-2029 |
Segment Scope |
By Gas
|
By Technology
|
|
By End-Use
|
|
By countries
|
APAC 3D Printing Gases Market Key Players:
- BASF SE (Germany)
- The Linde Group (Germany)
- Air Liquide S.A. (France)
- Praxair Inc. (U.S.)
- Air Products and Chemicals Inc. (U.S.)
- Iwatani Corporation (Japan)
- Airgas Inc. (U.S.)
- Matheson Tri-Gas Inc. (U.S.)
- Messer Group (Germany)
- Iceblock Ltd. (Ukraine)
Frequently Asked Questions
China region is expected to hold the highest share in the APAC 3D Printing Gases Market.
The market size of the APAC 3D Printing Gases Market by 2030 is expected to reach USD 4.63 Billion.
The forecast period for the APAC 3D Printing Gases Market is 2024-2030.
The market size of the APAC 3D Printing Gases Market in 2023 was valued at USD 1.79 Billion.
1. APAC 3D Printing Gases Market: Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. APAC 3D Printing Gases Market Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments
3. APAC 3D Printing Gases Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
4. APAC 3D Printing Gases Market: Dynamics
4.1. APAC 3D Printing Gases Market Trends
4.2. APAC 3D Printing Gases Market Drivers
4.3. APAC 3D Printing Gases Market Restraints
4.4. APAC 3D Printing Gases Market Opportunities
4.5. APAC 3D Printing Gases Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Value Chain Analysis
4.9. Technological Roadmap
4.10. Regulatory Landscape
5. APAC 3D Printing Gases Market: Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
5.1. APAC 3D Printing Gases Market Size and Forecast, by Gas (2024-2030)
5.1.1. Argon
5.1.2. Nitrogen
5.1.3. Gas Mixtures
5.2. APAC 3D Printing Gases Market Size and Forecast, by Technology (2024-2030)
5.2.1. Stereolithography
5.2.2. Laser sintering
5.2.3. Poly-jet
5.2.4. Others
5.3. APAC 3D Printing Gases Market Size and Forecast, by End-Use (2024-2030)
5.3.1. Automotive
5.3.2. Aerospace & defense
5.3.3. Healthcare
5.3.4. Others
5.4. APAC 3D Printing Gases Market Size and Forecast, by Country (2024-2030)
5.4.1. China
5.4.2. India
5.4.3. Japan
5.4.4. Australia
5.4.5. Rest of APAC
6. Company Profile: Key Players
6.1. BASF SE (Germany)
6.1.1. Company Overview
6.1.2. Business Portfolio
6.1.3. Financial Overview
6.1.4. SWOT Analysis
6.1.5. Strategic Analysis
6.1.6. Recent Developments
6.2. The Linde Group (Germany)
6.3. Air Liquide S.A. (France)
6.4. Praxair Inc. (U.S.)
6.5. Air Products and Chemicals Inc. (U.S.)
6.6. Iwatani Corporation (Japan)
6.7. Airgas Inc. (U.S.)
6.8. Matheson Tri-Gas Inc. (U.S.)
6.9. Messer Group (Germany)
6.10. Iceblock Ltd. (Ukraine)
7. Key Findings
8. Analyst Recommendations
8.1. Strategic Recommendations
8.2. Future Outlook