The Global Welding Gas Market is projected to grow at a CAGR of around 5.2% during the forecast period, i.e., 2024-30.
Key Findings of the Study: Welding Gas Market
Global Welding Gas Market Driver: Rapidly Expanding Construction Sector with Numerous Infrastructural Developments
To cater to the rising industrialization & urbanization, governments of several countries are excessively spending on infrastructural development & expansion projects, i.e., spurring construction activities associated with both residential & commercial buildings worldwide. As a result, the flourishing building & construction industry is creating a massive demand for welding processes, which indicates remunerative prospects for the Global Welding Gas Market during 2024-30.
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Scope of the Report and Welding Gas Market Segmentation
By Product Type
-Carbon Dioxide
-Argon
-Hydrogen
-Oxygen
-Others (Helium, Acetylene, etc.)
- Of them all, argon gas holds a significant share in the Global Welding Gas Market, owing primarily to its burgeoning demand & utilization in the booming metal fabrication industry worldwide.
By Application
-Gas Metal Arc Welding (GMAW/MIG)
-Gas Tungsten Arc Welding (GTAW/TIG)
-Shielded Metal Arc Welding (SMAW)
-Flux Cored Arc Welding (FCAW)
By End-User
-Metal Manufacturing & Fabrication
-Building & Construction
-Energy
-Automotive
-Aerospace & Defense
-Others (Oil & Gas, Transportation, etc.)
Top leading companies in the Welding Gas Market includes:
Air Liquide SA, Air Products and Chemicals, Inc., American Welding and Gas, Arc3 Gases, Gulf Cryo, Iceblick Ltd., Linde PLC, Nippon Sanso Holdings Corporation, Southern Industrial Gas Sdn. Bhd., and The Messer Group GmbH, among others.
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Geographical analysis:
North America: The US, Canada, Mexico
South America: Brazil, Argentina
Europe: The UK, Italy, Germany, France, and Others
Middle East & Africa: Saudi Arabia, South Africa
Asia-Pacific: China, India, Japan, South Korea, Others
- Asia-Pacific is the most prominent Welding Gas Market with a significant share, with China, Japan, & India as the leading contributors.
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