In-Depth Exploration of the Welding Gas/Shielding Gas Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global Welding Gas/Shielding Gas Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Welding Gas/Shielding Gas Market is valued approximately USD 2.80 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.70% over the forecast period 2022-2028.
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Welding gas or shielding gases are semi-inert or inert gases that are generally used in some welding processes to protect the weld area from oxygen and water vapor. The rising need for gas metal welding as a solvent in the construction and aerospace sector, increasing demand for aluminum, coupled with the potential growth of the energy, metal, and manufacturing industries are the chief driving factors for the market growth across the globe. For instance, according to the Statista, In 2020, the aluminum market was accounted with USD 150 billion in the global market and is projected to reach USD 210 billion by 2027, which is majorly driven by the construction and packaging sector. Thereby, escalating demand for aluminum is propelling the demand for the welding or shielding gas, which, in turn, bolsters the market demand. However, the environmental impacts of welding gas/shielding gas impede the growth of the market over the forecast period of 2022-2028. Also, high demand in the automotive industry is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the Global Welding Gas/Shielding Gas market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the stable and strong economy and growing demand by the construction sector. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing applications of welding gas/shielding gas in the construction, energy, and automotive industries, as well as the growth of the emerging economies such as India and, China, would create lucrative growth prospects for the Welding Gas/Shielding Gas market across the Asia-Pacific region.
Major market players included in this report are:
Air Products & Chemicals, Inc.
The Linde Group
Praxair, Inc.
Taiyo Nippon Sanso Corporation
Air Liquide SA
Gulf Cryo
Iwatani Corporation
Taiyo Nippon Sanso Corporation
SIG Gases Berhad
Messer Group GmbH
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type
Argon
Carbon dioxide
Oxygen
Hydrogen
Others (Helium, Acetylene)
By Application
Gas metal arc welding
Gas tungsten arc welding
Others (oxy-acetylene welding)
By Storage, Transportation & Distribution Mode
Cylinder & Packaged Gas Distribution
Merchant Liquid/bulk Distribution
By End Use Industry
Metal Manufacturing & Fabrication
Construction
Energy
Aerospace
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Welding Gas/Shielding Gas market, including:
- What can be expected for the Welding Gas/Shielding Gas market in the next decade?
- What are the primary drivers of growth in the global Welding Gas/Shielding Gas market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Welding Gas/Shielding Gas market vary based on the size of the end market?
- What is the breakdown of Welding Gas/Shielding Gas by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Welding Gas/Shielding Gas market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Welding Gas/Shielding Gas Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Welding Gas/Shielding Gas Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Welding Gas/Shielding Gas Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Welding Gas/Shielding Gas Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Welding Gas/Shielding Gas Market.
Our Welding Gas/Shielding Gas Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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