Welding Gas/Shielding Gas Industry Development & Demand, Growth Analysis, Key Findings and Forecast-2023

“Welding Gas/Shielding Gas Market”
The Welding Gas/Shielding Gas Market is expected to grow over the CAGR of around 5 % during the period 2016 to 2023.

Market Highlights

The demand for welding processes such as tungsten metal arc welding, shielded arc welding, and metal gas arc welding, is fueled by the need for accommodating the growth by the construction industry. Growing constructional development, in the residences along with that in the commercial sector, is expected to be the key driving force, leading to the growth of the market. Increasing investments by the governments on infrastructural developments in the developing nations and the rising construction & mining activities are expected to boost the demand for welding gas/shielding gas.

 

Market Research Analysis

Asia-Pacific region is expected to dominate the welding gas/shielding gas market with the highest CAGR. The region is expected to grow with the boom in the construction industry in the developing nations such as India and China. The increase in adoption among industry verticals of the region such as metal manufacturing and fabrication, and automotive industries is also driving the growth of the market.

 

Key Players

  • Air Products & Chemicals, Inc. (U.S.)
  • Gulf Cryo (Bahrain)
  • The Linde Group (Germany)
  • Iwatani Corporation (Japan)
  • Praxair, Inc. (U.S.)
  • Iceblick Ltd. (Ukraine)
  • Taiyo Nippon Sanso Corporation (Japan)
  • SIG Gases Berhad (Malaysia)
  • Air Liquide SA (France)
  • Messer Group GmbH (Germany)

 

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Scope of the Report

This study provides an overview of the global welding gas/shielding gas market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Welding gas/shielding gas market by its type, application and region.

 

By Type

– Argon

– Carbon dioxide

 

By Application

– Gas Metal Arc Welding

– Tungsten Gas Arc Welding

 

By Region

– North America

– Asia Pacific

– Europe

– Rest of the World 

 

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Intended Audience

Distributer & Supplier companies

End Users

consultants and Investment bankers

Government as well as Independent Regulatory Authorities

 

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