3D Printing Set To Transform Oil Industry

Today you can find 3D printing technology being used in various industries today. This technology is helping to make manufacturing faster and cheaper and it's being used to create just about anything including bridges, cars, homes, buildings, tools, food and much more.

For printing unique and highly detailed items, 3D printing technology flourishes in meeting a myriad of needs.

The US Navy has used this technology for years now whenever they need help replacing different clasps, clips, missile components, and more. It's helping to save them potentially thousands of dollars every time that they use it to replace one of these items.

This technology is now being used at schools, at hospitals, by the Coast Guard, and on an individual consumer basis as well. You can purchase your own 3D printer and start creating things right in the comfort of your own home. Need a hammer? Spoon? Shelf? Polygon planter? Cookie cutters? key chain? Taco stand?

The list of items that you can easily print right from your own home if you've got your own 3D printer continues to grow.

BP previously announced that they were going to conduct a study on the effect of 3D printing with respect to the global supply chains that the oil industry relies on. It looks like they found promising results.

BP's head of technology, D Eyton, recently suggested that the technology could be drastically transformative for the oil industry overall.

They admit that they've already been using 3D printers to create a myriad of custom components that are needed in their chemicals division. The printers help them to create those items quickly and efficiently which in-turn reduces their waiting times for equipment to be fixed.

3D printing technology is helping to transform numerous market spaces and it's helping to drastically accelerate product development. It's estimated that more than 90 percent of companies today that are currently using 3D printing are able to utilize that technology to help them to gain a competitive advantage.

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pixabay

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