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Welding gas/shielding gas Market 2018
Welding gas/shielding gas Market Share, Size, Trends, And Business Opportunity Analysis
Report 2018 include historic data, with forecast data to 2023. Welding gas/shielding gas Market
report is helpful for future strategy development, and to know about Market Drivers,
Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast
to 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
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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
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.
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