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3D printing has major potential in oil and gas industry: report

Written by David

November 14, 2019

3D printing has tremendous potential in the oil and gas industry in delivering productivity gains, according to a report by GlobalData, a leading data and analytics company.

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GlobalData’s latest report, ‘3D Printing in Oil & Gas – Thematic Research’, reveals that the technology is expected to gain further market penetration and find new use cases with greater collaboration between industry and technology players in developing more purpose-built 3D printing materials and solutions.

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There is an aspiration to change the terminology around 3D printing to move beyond prototyping and think in terms of bigger volumes. The disruption in value chain means wider thinking, more in terms of digital manufacturing than 3D printing. Also, the wider idea of digitally manufacturing parts offers potentially much greater commercial success.

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The global focus on climate change and global warming are driving a greater sustainability focus, based on the idea of creating a circular economy […]

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