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
Key Players
Key Players
The key players of Global Welding gas/shielding gas Market report include-
- 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 (Japan)
- SIG Gases Berhad (Malaysia)
- Air Liquide SA (France)
- Messer Group GmbH (Germany)
The Welding gas/shielding gas market is expected to grow with the CAGR of approximately 5% from 2016 to 2023
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Market Segmentation
The global welding gas/shielding gas market has been classified on the basis of regions, types, and applications.
By regions – Asia-Pacific, North America, Europe and Rest of the World.
By types – Carbon dioxide and argon.
By application – Tungsten gas arc welding and gas metal arc welding.
Comprehensive Geographical Analysis
Amongst the regions above, Asia Pacific is anticipated to govern the market as it sums for the most weighty percentage of the market share. The existence of developing economies such as China and India has been recognized as the main reason for the expansion of this region. In these countries, industries such as metal manufacturing & fabrication, construction, automotives, and energy heavily rely on the welding gas/shielding gas. As a result of this, the market in this region will grow at an impressive rate during the projection period.
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.
Industry News
- Taiyyo Nippon Sanso Corporation, a global leader in offering industrial gases and related welding solutions to various industries recently announced that they had been issued a patent for welding torch for hybrid welding and hybrid welding method.
- Messer Group GmbH, a German-based industrial gas company, recently announced that it would be acquiring all the shares that are held by the private investors in the Swiss company Sauerstoffwerk Lenzburg. By this acquisition, the Messer Group wishes to secure its position in the European market.
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Table of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Welding Gas/Shielding Gas Market, By Type
5 Global Welding Gas/Shielding Gas Market, By Application
6 Regional Market Analysis
7 Competitive Analysis
Continued…….
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