Chemical & Materials Trending Welding Gas or Shielding Gas Market | Page 4

Industry Insights
❖The metal manufacturing & fabrication end-use industry segment accounted for the largest share
in 2014 in the market for welding gas/shieling gas industry and this trend is projected to continue
during the forecast period.
❖Growing consumption of welding gas/shielidng gas in developing countries also drives the market.
❖The growth in the automotive and construction sector is another important factor driving the
market for welding gas/shielidng gas.
❖On the basis of type, the oxygen segment held the largest share, in terms of value, in 2014. It is
also projected to grow at a higher rate, owing to its use in oxy-acetylene welding.
❖Cylinder & packaged gas distribution was the most popular transportation mode for welding
gas/shielding gas, in 2014.
❖However, the merchant liquid distribution segment is projected to grow at the second highest
rate during the forecast period.
View Full Report @ http://bit.ly/2WGEYbP