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Global Welding Gas/Shielding Gas Market to reach USD 4.14 billion by 2028.

Global Welding Gas/Shielding Gas Market to reach USD 4.14 billion by 2028.

Product Code: OIRGSF-20801420
Publish Date: 25-02-2022
Page: 200

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.

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
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
Carbon dioxide
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
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Welding Gas/Shielding Gas Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028(USD Billion)
1.2.1. Global Welding Gas/Shielding Gas Market, by Region, 2020-2028(USD Billion)
1.2.2. Global Welding Gas/Shielding Gas Market, by Type, 2020-2028(USD Billion)
1.2.3. Global Welding Gas/Shielding Gas Market, by Application, 2020-2028(USD Billion)
1.2.4. Global Welding Gas/Shielding Gas Market, by Storage, Transportation & Distribution Mode, 2020-2028(USD Billion)
1.2.5. Global Welding Gas/Shielding Gas Market, by End Use Industry, 2020-2028(USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Welding Gas/Shielding Gas Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Welding Gas/Shielding Gas Market Dynamics
3.1. Welding Gas/Shielding Gas Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growth in the Metal and Manufacturing Industries Increasing demand for aluminum
3.1.2. Market Challenges Environmental impacts of welding gas/shielding gas
3.1.3. Market Opportunities High demand in the automotive industry
Chapter 4. Global Welding Gas/Shielding Gas Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Welding Gas/Shielding Gas Market, by Type
6.1. Market Snapshot
6.2. Global Welding Gas/Shielding Gas Market by Type, Performance – Potential Analysis
6.3. Global Welding Gas/Shielding Gas Market Estimates & Forecasts by Type 2019-2028 (USD Billion)
6.4. Welding Gas/Shielding Gas Market, Sub Segment Analysis
6.4.1. Argon
6.4.2. Carbon dioxide
6.4.3. Oxygen
6.4.4. Hydrogen
6.4.5. Others (Helium, Acetylene)
Chapter 7. Global Welding Gas/Shielding Gas Market, by Application
7.1. Market Snapshot
7.2. Global Welding Gas/Shielding Gas Market by Application, Performance – Potential Analysis
7.3. Global Welding Gas/Shielding Gas Market Estimates & Forecasts by Application 2019-2028 (USD Billion)
7.4. Welding Gas/Shielding Gas Market, Sub Segment Analysis
7.4.1. Gas metal arc welding
7.4.2. Gas tungsten arc welding
7.4.3. Others (oxy-acetylene welding)
Chapter 8. Global Welding Gas/Shielding Gas Market, by Storage, Transportation & Distribution Mode
8.1. Market Snapshot
8.2. Global Welding Gas/Shielding Gas Market by Storage, Transportation & Distribution Mode, Performance – Potential Analysis
8.3. Global Welding Gas/Shielding Gas Market Estimates & Forecasts by Storage, Transportation & Distribution Mode 2019-2028 (USD Billion)
8.4. Welding Gas/Shielding Gas Market, Sub Segment Analysis
8.4.1. Cylinder & Packaged Gas Distribution
8.4.2. Merchant Liquid/bulk Distribution
Chapter 9. Global Welding Gas/Shielding Gas Market, by End Use Industry
9.1. Market Snapshot
9.2. Global Welding Gas/Shielding Gas Market by End Use Industry, Performance – Potential Analysis
9.3. Global Welding Gas/Shielding Gas Market Estimates & Forecasts by End Use Industry 2019-2028 (USD Billion)
9.4. Welding Gas/Shielding Gas Market, Sub Segment Analysis
9.4.1. Metal Manufacturing & Fabrication
9.4.2. Construction
9.4.3. Energy
9.4.4. Aerospace
9.4.5. Others
Chapter 10. Global Welding Gas/Shielding Gas Market, Regional Analysis
10.1. Welding Gas/Shielding Gas Market, Regional Market Snapshot
10.2. North America Welding Gas/Shielding Gas Market
10.2.1. U.S. Welding Gas/Shielding Gas Market Type estimates & forecasts, 2019-2028 Application estimates & forecasts, 2019-2028 Storage, Transportation & Distribution Mode estimates & forecasts, 2019-2028 End Use Industry estimates & forecasts, 2019-2028
10.2.2. Canada Welding Gas/Shielding Gas Market
10.3. Europe Welding Gas/Shielding Gas Market Snapshot
10.3.1. U.K. Welding Gas/Shielding Gas Market
10.3.2. Germany Welding Gas/Shielding Gas Market
10.3.3. France Welding Gas/Shielding Gas Market
10.3.4. Spain Welding Gas/Shielding Gas Market
10.3.5. Italy Welding Gas/Shielding Gas Market
10.3.6. Rest of Europe Welding Gas/Shielding Gas Market
10.4. Asia-Pacific Welding Gas/Shielding Gas Market Snapshot
10.4.1. China Welding Gas/Shielding Gas Market
10.4.2. India Welding Gas/Shielding Gas Market
10.4.3. Japan Welding Gas/Shielding Gas Market
10.4.4. Australia Welding Gas/Shielding Gas Market
10.4.5. South Korea Welding Gas/Shielding Gas Market
10.4.6. Rest of Asia Pacific Welding Gas/Shielding Gas Market
10.5. Latin America Welding Gas/Shielding Gas Market Snapshot
10.5.1. Brazil Welding Gas/Shielding Gas Market
10.5.2. Mexico Welding Gas/Shielding Gas Market
10.6. Rest of The World Welding Gas/Shielding Gas Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Air Products & Chemicals, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. The Linde Group
11.2.3. Praxair, Inc.
11.2.4. Taiyo Nippon Sanso Corporation
11.2.5. Air Liquide SA
11.2.6. Gulf Cryo
11.2.7. Iwatani Corporation
11.2.8. Taiyo Nippon Sanso Corporation
11.2.9. SIG Gases Berhad
11.2.10. Messer Group GmbH
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Market Size Estimation:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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