Market Overview:
The global welding shielding gases market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding shielding gases market can be attributed to the increasing demand for welded products from various end-use industries, such as metal manufacturing, construction, energy, aerospace and others. In addition, the growing demand for advanced welding technologies is also contributing to the growth of this market. Based on type, argon accounts for a major share of the global welding shielding gases market and is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. Carbon dioxide is another key type of welding shielding gas and is projected to grow at a CAGR of 6%.
Product Definition:
Welding shielding gases are used to protect the welders from fumes and sparks. They also help to keep the weld area clean.
Argon:
Argon is a colorless, tasteless and odorless gas. It has a boiling point of -38 °C and melting point of -210 °C. Argon is used in shielding gases due to its inertness property which can protect the weld pool from various chemicals or substances that could be present in the surrounding environment. The most common applications for argon are MIG/MAG welding, TIG/TAT welding, brazing & soldering and cutting & drilling operations.
Carbon Dioxide:
Carbon dioxide (CO2) is a colorless and highly flammable gas with a slight sweet odor. It is usually produced for industrial purposes such as in the manufacturing of polymers, foams, adhesives, paints & coatings and pharmaceuticals. CO2 has several welding applications due to it's unique properties which include high thermal conductivity along with low heat transfer coefficient.
Application Insights:
The metal manufacturing application segment led the global welding shielding gases market in 2017. This is attributed to the increasing demand for steel from various end-use industries, including construction and transportation. In addition, growing investments in infrastructure development across the globe are expected to augment industry growth over the forecast period.
Construction was estimated as one of the fastest-growing segments owing to rising industrialization and urbanization projects across several countries worldwide. For instance, according to a study conducted by HVSG Asia Pacific Pvt Ltd., there were approximately 1,500 construction projects with an investment value of USD 300 billion in 2016 globally (excluding China). The same year, around USD 25 trillion worth assets were located within 50 kilometers of China's coastline which is expected to drive industry expansion over next two decades significantly.
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth owing to increasing demand from end-use industries, such as metal manufacturing, energy and power, construction, and aerospace. In addition, rising foreign investments coupled with favorable government policies are anticipated to drive the regional market over the forecast period.
The growing industrialization across emerging economies in Asia Pacific has led to an increase in production activities within various sectors such as automotive and transportation; machinery & equipment; food processing & packaging; chemicals; textiles; paper products etc., thereby driving overall industry growth across countries including China Japan India South Korea Taiwan Indonesia Thailand Vietnam among others.
In North America weldingshields gases market is expected to grow at a moderate pace due high consumption levels of metals and minerals coupled with growing construction sector primarily within U.
Growth Factors:
- Increasing demand for welding in automotive and aerospace industries
- Growing popularity of gas tungsten arc welding (GTAW) and gas metal arc welding (GMAW) processes
- Rising investments in research and development activities by key players to develop new shielding gases products
- Proliferation of automated welding systems that require shielding gases for optimum performance
- Increasing number of small-scale enterprises involved in the manufacturing of welded components
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding Shielding Gases Market Research Report
By Type
Argon, Carbon Dioxide, Oxygen, Hydrogen, Others
By Application
Metal Manufacturing, Construction, Energy, Aerospace, Others
By Companies
Air Products & Chemicals, The Linde Group, Praxair, Taiyo Nippon Sanso Corporation, Air Liquide
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Welding Shielding Gases Market Report Segments:
The global Welding Shielding Gases market is segmented on the basis of:
Types
Argon, Carbon Dioxide, Oxygen, Hydrogen, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metal Manufacturing, Construction, Energy, Aerospace, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Products & Chemicals
- The Linde Group
- Praxair
- Taiyo Nippon Sanso Corporation
- Air Liquide
Highlights of The Welding Shielding Gases Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Argon
- Carbon Dioxide
- Oxygen
- Hydrogen
- Others
- By Application:
- Metal Manufacturing
- Construction
- Energy
- Aerospace
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Welding Shielding Gases Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Welding shielding gases are gases used to protect welders and other workers from the harmful effects of welding fumes.
Some of the major players in the welding shielding gases market are Air Products & Chemicals, The Linde Group, Praxair, Taiyo Nippon Sanso Corporation, Air Liquide.
The welding shielding gases market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding Shielding Gases Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Welding Shielding Gases Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Welding Shielding Gases Market - Supply Chain
4.5. Global Welding Shielding Gases Market Forecast
4.5.1. Welding Shielding Gases Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding Shielding Gases Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding Shielding Gases Market Absolute $ Opportunity
5. Global Welding Shielding Gases Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Welding Shielding Gases Market Size and Volume Forecast by Type
5.3.1. Argon
5.3.2. Carbon Dioxide
5.3.3. Oxygen
5.3.4. Hydrogen
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding Shielding Gases Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Welding Shielding Gases Market Size and Volume Forecast by Application
6.3.1. Metal Manufacturing
6.3.2. Construction
6.3.3. Energy
6.3.4. Aerospace
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding Shielding Gases Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Welding Shielding Gases Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Welding Shielding Gases Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Welding Shielding Gases Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Welding Shielding Gases Demand Share Forecast, 2019-2026
9. North America Welding Shielding Gases Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Welding Shielding Gases Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Welding Shielding Gases Market Size and Volume Forecast by Application
9.4.1. Metal Manufacturing
9.4.2. Construction
9.4.3. Energy
9.4.4. Aerospace
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding Shielding Gases Market Size and Volume Forecast by Type
9.7.1. Argon
9.7.2. Carbon Dioxide
9.7.3. Oxygen
9.7.4. Hydrogen
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Welding Shielding Gases Demand Share Forecast, 2019-2026
10. Latin America Welding Shielding Gases Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Welding Shielding Gases Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Welding Shielding Gases Market Size and Volume Forecast by Application
10.4.1. Metal Manufacturing
10.4.2. Construction
10.4.3. Energy
10.4.4. Aerospace
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding Shielding Gases Market Size and Volume Forecast by Type
10.7.1. Argon
10.7.2. Carbon Dioxide
10.7.3. Oxygen
10.7.4. Hydrogen
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Welding Shielding Gases Demand Share Forecast, 2019-2026
11. Europe Welding Shielding Gases Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Welding Shielding Gases Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Welding Shielding Gases Market Size and Volume Forecast by Application
11.4.1. Metal Manufacturing
11.4.2. Construction
11.4.3. Energy
11.4.4. Aerospace
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding Shielding Gases Market Size and Volume Forecast by Type
11.7.1. Argon
11.7.2. Carbon Dioxide
11.7.3. Oxygen
11.7.4. Hydrogen
1.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Welding Shielding Gases Demand Share, 2019-2026
12. Asia Pacific Welding Shielding Gases Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Welding Shielding Gases Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Welding Shielding Gases Market Size and Volume Forecast by Application
12.4.1. Metal Manufacturing
12.4.2. Construction
12.4.3. Energy
12.4.4. Aerospace
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding Shielding Gases Market Size and Volume Forecast by Type
12.7.1. Argon
12.7.2. Carbon Dioxide
12.7.3. Oxygen
12.7.4. Hydrogen
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Welding Shielding Gases Demand Share, 2019-2026
13. Middle East & Africa Welding Shielding Gases Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Welding Shielding Gases Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Welding Shielding Gases Market Size and Volume Forecast by Application
13.4.1. Metal Manufacturing
13.4.2. Construction
13.4.3. Energy
13.4.4. Aerospace
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Welding Shielding Gases Market Size and Volume Forecast by Type
13.7.1. Argon
13.7.2. Carbon Dioxide
13.7.3. Oxygen
13.7.4. Hydrogen
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Welding Shielding Gases Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding Shielding Gases Market: Market Share Analysis
14.2. Welding Shielding Gases Distributors and Customers
14.3. Welding Shielding Gases Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Air Products & Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. The Linde Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Praxair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Taiyo Nippon Sanso Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Air Liquide
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook