Welding Gas Market
Welding Gas Market by Carbon Dioxide, Oxygen, Hydrogen, Argon, Helium, and Acetylene in Metal Manufacturing, Building & Construction, Energy, Aerospace, and Automotive From 2024 to 2034
Analysis of Welding Gas Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Welding Gas Market Outlook (2024 to 2034)
The global welding gas market is valued at US$ 3.61 billion in 2024. Moreover, worldwide demand is projected to accelerate at a decent CAGR of 5.4% and reach a worth of US$ 6.08 billion by the end of 2034.
Surging demand for manufacturing and construction work in smart cities is contributing to the increased sales of welding gases. Accelerating requirements for welding procedures, such as metal arc welding, welding, and tungsten metal arc welding are contributing to the growing sales of welding gases. Thereby, an expansion of the construction and manufacturing sectors is stimulating demand for welding gases or shielding gases around the world.
Welding procedures are becoming more prevalent in the construction industry, mostly due to the requirement for long-lasting structural integrity and the intricacy of architectural designs becoming more sophisticated. For metal constructions to have strong, long-lasting joints, welding is required. This is important since modern construction projects frequently use cutting-edge materials and design ideas.
In addition, the increasing number of infrastructure development projects including high-rise buildings, bridges, and public spaces calls for the use of sophisticated welding processes to satisfy architectural and safety requirements. Due to this, there is now a greater need than ever for qualified welders as well as specific welding supplies and tools, which has a direct impact on the demand for welding gases.
| Report Attribute | Detail |
|---|---|
| Welding Gas Market Size (2024E) | US$ 3.61 Billion |
| Forecasted Market Value (2034F) | US$ 6.08 Billion |
| Global Market Growth Rate (2024 to 2034) | 5.4% CAGR |
| East Asia Market Share (2024E) | 34.6% |
| North America Growth Rate (2024 to 2034) | 6.1% CAGR |
| Demand from Metal Manufacturing Industry (2024E) | US$ 1.22 Billion |
| Key Companies Profiled | Praxair Technology Inc.; Taiyo Nippo Sanso Corporation,; Air Liquide SA.; Gulf Cyro; Linde Group; Air Products and Chemicals, Inc; Southern Industrial Gas; Iceblick Ltd.; Ellenbarrie Industrial Gases Ltd; Air Products & Chemicals, Inc.; SIG Gases Berhad; Messer Group GmbH. |
Welding gas often named a shielding gas is an inert or semi-inert gas in nature used in numerous welding processes commercially. Welding gases are primarily used to protect or shield the welding area from foreign gases & particles such as water vapor, moisture, and the mixture of nitrogen, hydrogen & oxygen gases in the atmosphere.
The reaction of these particles with the weld pool creates numerous types of problems such as excessive spatter & inclusion of small holes in the weld pool, which leads to porosity. Apart from the above-mentioned attributes, major welding gases also play a vital role in defining weld penetration activity, and the mechanical strength of the finished weld pool and also provide stability in the welding arc.
Commercially there are numerous welding gases available in the marketplace named carbon dioxide, hydrogen, acetylene, helium, oxygen, and argon among others. These gases are used in their purest form i.e. single alone or are used in binary form i.e. the combination of the two welding gases such as argon-helium, argon-carbon dioxide, and argon-oxygen to name a few. In numerous high-end applications the ternary form is used i.e. argon-carbon dioxide- helium mixture.
In the above-said welding gases, carbon dioxide is the most common welding gas finding penetration in numerous applications. In addition, carbon dioxide is one of the most stable welding gases used in its purest form. In its purest form carbon dioxide as a welding gas provides deep weld penetration, which is helpful in the welding of thick materials.
Certain factors need to be taken care of while selecting the welding gas such as finished weld properties and the overall cost of the welding gas. These welding gases are adopted and find application in all types of welding procedures such as laser welding, metal arc welding, fluxed cored welding & oxy-fuel welding among others.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Welding Gas Market: Market Dynamics
Welding is one of the integral parts of numerous end-use industries, which include building & construction, metal manufacturing, automotive, and aerospace to name a few. The expansion of these end-use industries in the recent past has created a huge demand for welding activities, which further creates the demand for welding gases in the recent past.
Growing residential & commercial activities in emerging countries are creating demand space for welding gases shortly. Moreover, the excessive use of welding gas in the metal fabrication & manufacturing industry is stimulating demand for the same over the forecasted period.
Despite their increased adoption and expansion of the welding gas universe, there is a certain factor, which acts as a stumbling block in the way of welding gas market growth. The welding gas product mixture such as oxygen mixture with flammable gas is explosive, which further restricts its usage according to the OSHA regulations. A complex process is used to handle these types of welding gas mixtures, which further increases the overall welding cost.
Welding Gas Market: Region-Wise Trends
Growing recreational & refurbishment of old infrastructure along with new construction projects is creating growth space for welding gas manufacturers in North America & Europe. China, India and SEA & other Pacific countries are generating significant opportunities for welding gas manufacturers owing to industrial expansion along with the rising construction & automotive industry.
Rapid urbanization along with growing disposable income in the Asia Pacific region augmented the welding gas market to grow. With growing automotive production, Japan is accelerating in the welding gas market. Latin America, Middle-East Africa, and Eastern Europe are turning over as potentially high growth regions in the welding gas market
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market SizeRegional analysis includes
- Supply & Demand
- Current Trends and Issues and Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Western Europe (Germany, Italy, France, United Kingdom, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia, Rest of Eastern Europe)
- China
- India
- Japan
- SEA & Others (ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Segmentation of Welding Gas Market Research
-
By Product Type :
- Carbon Dioxide
- Oxygen
- Hydrogen
- Argon
- Helium
- Acetylene
-
By Application :
- Metal Arc Welding
- Tungsten Arc Welding
- Laser Welding
- Flux Cored Welding
-
By End-Use Industry :
- Metal Manufacturing
- Building & Construction
- Energy
- Aerospace
- Automotive
-
By Storage Transportation & Distribution Mode :
- Cylinder & Packaged Gas Distribution
- Merchant Liquid/bulk Distribution
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors
- 3.1. Macro-economic Factors
- 3.2. Market Dynamics
- 3.3. Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast
- 4.1. Historical Analysis
- 4.2. Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Product Type
- 6.2. Application
- 6.3. End-Use Industry
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. Carbon Dioxide
- 7.2. Oxygen
- 7.3. Hydrogen
- 7.4. Argon
- 7.5. Others (Helium, Acetylene)
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Metal Arc Welding
- 8.2. Tungsten Arc Welding
- 8.3. Laser Welding
- 8.4. Flux Cored Welding
- 8.5. Others
- 9. Global Market Analysis and Forecast, By End-Use Industry
- 9.1. Metal Manufacturing
- 9.2. Building & Construction
- 9.3. Energy
- 9.4. Aerospace
- 9.5. Automotive
- 9.6. Others
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Product Type, Application, and End-Use Industry for 30 Countries
- 19. Competition Outlook
- Market Structure Analysis
- Company Share Analysis by Key Players
- Competition Dashboard
- 20. Company Profile
- 20.1. Praxair Technology Inc.
- 20.2. Taiyo Nippo Sanso Corporation
- 20.3. Air Liquide SA.
- 20.4. Gulf Cyro
- 20.5. Linde Group
- 20.6. Messer Group GmbH
- 20.7. Air Products and Chemicals, Inc
- 20.8. Southern Industrial Gas
- 20.9. Iceblick Ltd.
- 20.10. Ellenbarrie Industrial Gases Ltd
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by Application
Table 4: Global Market US$ Mn Forecast by End-Use Industry
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Product Type
Table 7: North America Market US$ Mn Forecast by Application
Table 8: North America Market US$ Mn Forecast by End-Use Industry
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Product Type
Table 11: Latin America Market US$ Mn Forecast by Application
Table 12: Latin America Market US$ Mn Forecast by End-Use Industry
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Product Type
Table 15: Western Europe Market US$ Mn Forecast by Application
Table 16: Western Europe Market US$ Mn Forecast by End-Use Industry
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Product Type
Table 19: Eastern Europe Market US$ Mn Forecast by Application
Table 20: Eastern Europe Market US$ Mn Forecast by End-Use Industry
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Product Type
Table 23: East Asia Market US$ Mn Forecast by Application
Table 24: East Asia Market US$ Mn Forecast by End-Use Industry
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Application
Table 28: South Asia & Pacific Market US$ Mn Forecast by End-Use Industry
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Product Type
Table 31: MEA Market US$ Mn Forecast by Application
Table 32: MEA Market US$ Mn Forecast by End-Use Industry
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use Industry
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the size of the welding gas market in 2024?
The global welding gas market is anticipated to reach a valuation of US$ 3.61 billion in 2024.
At what growth rate is the demand for welding gases projected to rise through 2034?
Worldwide sales of welding gases are evaluated to rise at a CAGR of 5.4% from 2024 to 2034.
For which application are welding gases demanded more?
Demand for welding gases for metal manufacturing is forecasted to increase at a 6% CAGR through 2034.
Welding Gas Market