Market Overview:
The global welding and shielding gas market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the welding and shielding gas market can be attributed to the increasing demand for welded products from various end-use industries, such as construction, energy, automotive, and aerospace. In addition, the growing demand for argon-based welding gases is also contributing to the growth of this market. Based on type, carbon dioxide accounted for a major share of the global welding and shielding gas market in 2017. This can be attributed to its high thermal conductivity that helps in transferring heat away from welds quickly, thereby reducing distortion and improving weld quality. Carbon dioxide is also used extensively in MIG (metal inert gas) welding processes as it produces a stable arc with low spatter levels. Based on application, metal manufacturing & fabrication was the largest segment of the global welding and shielding gas market in 2017.
Product Definition:
Welding gas is a mixture of gases used in welding to protect the weld from oxidation and to help control the weld pool. Shielding gas is also used in MIG and TIG welding to protect the molten weld puddle from atmospheric contamination.
Argon:
Argon is a colorless, tasteless, odorless gas that exists in the earth's atmosphere in trace quantities. It has a boiling point of -44°C and melting point of -79 °C. Argon is produced when the air is compressed at high temperature and pressure.
Carbon dioxide:
Carbon dioxide is a colorless and tasteless gas. It has been traditionally used as a welding & brazing filler in the metal fabrication industry. With technological advancements, it is being utilized for numerous applications across several industries such as plastics, rubber, paints & coatings and printing inks among others.
Application Insights:
The consumption application segment dominated the global welding and shielding gas market in 2017, accounting for over 60.0% share of the total revenue. The consumption of welding and shielding gases is majorly driven by end-use industries such as construction, automotive & transportation, energy generation and metal manufacturing.
Consumption in construction industry is anticipated to witness significant growth on account of rising demand for steel structures in residential and commercial applications including bridges, buildings etc. Rapid urbanization along with increasing number of building & infrastructure projects across the globe are expected to boost product demand over the forecast period.
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 energy and aerospace. In addition, rising metal manufacturing and fabrication activities are anticipated to drive the market in Asia Pacific region over the forecast period.
The growing industrialization coupled with increasing investments in infrastructure development is projected to fuel demand for welding and shieldig gas applications across various end-use industries across Europe during the forecast period. In addition, favorable government regulations pertaining towards environmental protection are likely to augment industry growth over next eight years.
Rising construction spending along with growing investment opportunities offered by emerging economies such as India.
Growth Factors:
- Increasing demand for welding and shielding gases from the automotive and aerospace industries.
- Growing popularity of gas tungsten arc welding (GTAW) and gas metal arc welding (GMAW) processes.
- Rising demand for argon and helium gases in manufacturing of flat panel displays, solar cells, and semiconductors.
- Increasing investments in research & development activities by leading players to develop innovative products.
- Growing number of collaborations between component manufacturers and end-users to reduce overall costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Welding & Shielding Gas Market Research Report
By Type
Argon, Carbon dioxide, Oxygen, Hydrogen
By Application
Consumption, Metal manufacturing & fabrication, Construction, Energy, Aerospace
By Companies
Adams Gas, Welders Supply, ARC3 Gases, Oxygen Service Company, General Distributing, Dixons of Westerhope, Central Welding Supply, Indiana Oxygen, ARCO Welding Supply, Agl Welding, WISCO, Keen Compressed Gas
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Welding & Shielding Gas Market Report Segments:
The global Welding & Shielding Gas market is segmented on the basis of:
Types
Argon, Carbon dioxide, Oxygen, Hydrogen
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
Consumption, Metal manufacturing & fabrication, Construction, Energy, Aerospace
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:
- Adams Gas
- Welders Supply
- ARC3 Gases
- Oxygen Service Company
- General Distributing
- Dixons of Westerhope
- Central Welding Supply
- Indiana Oxygen
- ARCO Welding Supply
- Agl Welding
- WISCO
- Keen Compressed Gas
Highlights of The Welding & Shielding Gas 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
- By Application:
- Consumption
- Metal manufacturing & fabrication
- Construction
- Energy
- Aerospace
- 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 Gas 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 and shielding gas is a mixture of gases used to create a safe and effective welding environment.
Some of the key players operating in the welding & shielding gas market are Adams Gas, Welders Supply, ARC3 Gases, Oxygen Service Company, General Distributing, Dixons of Westerhope, Central Welding Supply, Indiana Oxygen, ARCO Welding Supply, Agl Welding, WISCO, Keen Compressed Gas.
The welding & shielding gas market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Welding & Shielding Gas 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 Gas 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 Gas Market - Supply Chain
4.5. Global Welding & Shielding Gas Market Forecast
4.5.1. Welding & Shielding Gas Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Welding & Shielding Gas Market Size (000 Units) and Y-o-Y Growth
4.5.3. Welding & Shielding Gas Market Absolute $ Opportunity
5. Global Welding & Shielding Gas 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 Gas Market Size and Volume Forecast by Type
5.3.1. Argon
5.3.2. Carbon dioxide
5.3.3. Oxygen
5.3.4. Hydrogen
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Welding & Shielding Gas 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 Gas Market Size and Volume Forecast by Application
6.3.1. Consumption
6.3.2. Metal manufacturing & fabrication
6.3.3. Construction
6.3.4. Energy
6.3.5. Aerospace
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Welding & Shielding Gas 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 Gas 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 Gas 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 Gas 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 Gas Demand Share Forecast, 2019-2026
9. North America Welding & Shielding Gas 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 Gas 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 Gas Market Size and Volume Forecast by Application
9.4.1. Consumption
9.4.2. Metal manufacturing & fabrication
9.4.3. Construction
9.4.4. Energy
9.4.5. Aerospace
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Welding & Shielding Gas Market Size and Volume Forecast by Type
9.7.1. Argon
9.7.2. Carbon dioxide
9.7.3. Oxygen
9.7.4. Hydrogen
9.8. 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 Gas Demand Share Forecast, 2019-2026
10. Latin America Welding & Shielding Gas 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 Gas 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 Gas Market Size and Volume Forecast by Application
10.4.1. Consumption
10.4.2. Metal manufacturing & fabrication
10.4.3. Construction
10.4.4. Energy
10.4.5. Aerospace
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Welding & Shielding Gas Market Size and Volume Forecast by Type
10.7.1. Argon
10.7.2. Carbon dioxide
10.7.3. Oxygen
10.7.4. Hydrogen
10.8. 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 Gas Demand Share Forecast, 2019-2026
11. Europe Welding & Shielding Gas 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 Gas 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 Gas Market Size and Volume Forecast by Application
11.4.1. Consumption
11.4.2. Metal manufacturing & fabrication
11.4.3. Construction
11.4.4. Energy
11.4.5. Aerospace
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Welding & Shielding Gas Market Size and Volume Forecast by Type
11.7.1. Argon
11.7.2. Carbon dioxide
11.7.3. Oxygen
11.7.4. Hydrogen
1.8. 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 Gas Demand Share, 2019-2026
12. Asia Pacific Welding & Shielding Gas 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 Gas 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 Gas Market Size and Volume Forecast by Application
12.4.1. Consumption
12.4.2. Metal manufacturing & fabrication
12.4.3. Construction
12.4.4. Energy
12.4.5. Aerospace
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Welding & Shielding Gas Market Size and Volume Forecast by Type
12.7.1. Argon
12.7.2. Carbon dioxide
12.7.3. Oxygen
12.7.4. Hydrogen
12.8. 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 Gas Demand Share, 2019-2026
13. Middle East & Africa Welding & Shielding Gas 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 Gas 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 Gas Market Size and Volume Forecast by Application
13.4.1. Consumption
13.4.2. Metal manufacturing & fabrication
13.4.3. Construction
13.4.4. Energy
13.4.5. Aerospace
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 Gas Market Size and Volume Forecast by Type
13.7.1. Argon
13.7.2. Carbon dioxide
13.7.3. Oxygen
13.7.4. Hydrogen
13.8. 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 Gas Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Welding & Shielding Gas Market: Market Share Analysis
14.2. Welding & Shielding Gas Distributors and Customers
14.3. Welding & Shielding Gas Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Adams Gas
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Welders Supply
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ARC3 Gases
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Oxygen Service Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Distributing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dixons of Westerhope
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Central Welding Supply
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Indiana Oxygen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ARCO Welding Supply
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Agl Welding
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. WISCO
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Keen Compressed Gas
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
