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Welding and shielding gas market is expected to grow at a CAGR of 5% by 2023 scrutinized in new research

Welding and shielding gas market is expected to grow at a CAGR of 5% by 2023 scrutinized in new research

Global Welding gas/shielding gas market Information Report by type (Argon, Carbon dioxide, others), by Application (Gas Metal Arc Welding, Tungsten Gas Arc Welding, Others) and By Region - Forecast to 2023

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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.

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Key Players of Welding Gas/Shielding Gas Market:

  • 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)

Market Research Analysis:

Asia-Pacific region is expected to dominate the welding gas/shielding gas market with the highest CAGR.

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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.

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
  • Others

By Application

  • Gas Metal Arc Welding
  • Tungsten Gas Arc Welding
  • Others

By Region

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Brief TOC:

1 Executive Summary

2 Research Methodology

2.1 Scope of the Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Welding gas/shielding gas market, By Type

4.1 Introduction

4.2 Argon

4.3 Carbon dioxide

4.4 Others

5 Global Welding gas/shielding gas market, By Application

5.1 Introduction

5.2 Gas Metal Arc Welding

5.3 Tungsten Gas Arc Welding

5.4 Others

Continue…

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