Mining and Metals Welding Gas/Shielding Gas Market | Page 4

Industry Insights
❖The welding gas/shielding gas market is segmented on the basis of type, application, end-use
industry, storage, transportation & distribution, and region.
❖On the basis of type, the argon segment held the largest market share, in terms of value, and it is
also projected to witness the highest growth rate.
❖The metal manufacturing & fabrication segment accounted for the largest share of the market, in
terms of both, volume and value, among all end-use industries.
❖The storage, transportation & distribution segment was dominated by the cylinder & packaged
gas distribution segment.
❖In terms of application, the market is segmented into gas metal arc welding, gas tungsten arc
welding, and others.
❖The gas metal arc welding segment is projected to grow at the highest rate, during the forecast
period.
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