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Welding Gas/Shielding Gas Market Research Report - Forecast to 2023

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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
Welding Gas/Shielding Gas Global Market
Predicted to Grow at Approximately 5% by 2023
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
Market Scenario
Shielding gases are inert or semi-inert gases that are commonly used in several welding processes, majorly in
gas metal arc welding and gas tungsten arc. The main purpose of using the welding gas/shielding gas is to
protect the weld area from oxygen, and water vapour.
One of the key drivers for the growth of welding gas/shielding gas market is the increased demand for
welding process such as tungsten metal arc welding, shielded arc welding, and metal gas arc welding which
is fuelled by the need for construction industry. The growing constructional development in both residential
and commercial sectors, is expected to drive the growth of the market, especially in developing economies.
The rapid investments by governments on infrastructural developments and the rising construction & mining
activities are expected to boost the demand for welding gas/shielding gas during the forecast period.
The Welding gas/shielding gas market is expected to grow with the CAGR of approximately 5% from 2016 to
2023
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Market Segmentation
Regional Analysis
Asia-Pacific region is expected to dominate the welding gas/shielding gas market during the
forecast period. The growth of this region can be attributed to emerging economies of China and
India and the rapid growth in the adoption of welding gas/shielding gas across various industrial
verticals including construction, energy, metal manufacturing & fabrication, and automotive
industries.
Key Players
The key players of welding gas/shielding gas market are 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) and Messer Group GmbH (Germany) among others.
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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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Author
Monica Nerkar
Monica Nerkar599   documents Email
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