Market Insights

Welding or shielding gasses are inert or semi-inert gases used in welding procedures. These gases can protect the weld from water vapor and oxygen and can improve the weld quality. Market Research Future (MRFR), studied the world welding gas or shielding gas market and revealed that the welding gas global market 2022 can expand at 5% CAGR across the forecast period (2023 to 2032).

The construction industry dynamics can influence the welding gas or shielding gas market. The high frequency of welding processes, such as metal gas arc welding, shielded arc welding, and tungsten metal arc welding in the sector can dictate the rise of the shielding gas market. The rapid expansion of the construction industry can underpin the expansion of the worldwide welding gas or shielding gas market. In developed regions, the automobile sector can gain substantial revenue for the market owing to on-going developments and upgradation of existing infrastructure. The high costs of these volatile gases can limit their use. However, opportunities around wielding gas outweigh challenges, thus improve the overall growth of the shielding gas market.

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Market Segmentation

Segmental insights of the wielding gas market assist investors detect potential revenue generation areas.

• By type- By type, the market is divided on the basis of argon, carbon dioxide, oxygen, hydrogen, and others. Carbon dioxide is a commonly used welding gas that is used in many applications, and it is one of the purest gas and stable gas. As the purest form, the carbon dioxide gives great penetration that helps to thickens the material.
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• By end-user- By end-user type, the market is divided on the basis of construction, energy, aerospace, energy, metal manufacturing, and fabrication. Among these, it is largely used in the construction and manufacturing sectors.
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• By application- By application, the market is further divided on the basis of gas metal arc welding, gas tungsten arc welding, and others.
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• By storage- Storage segment of the market further carried out into cylinder & packaged gas Distribution and merchant liquid/ bulk distribution.
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• By region- By region, the market includes regions such as North America, Europe, Asia Pacific, and the rest of the world.

Key Players

MRFR profiled reputed welding gas or shielding gas dealers. They are

• Air Liquide SA
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• Iceblick Ltd.
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• Taiyo Nippon Sanso Corporation
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• Praxair, Inc.
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• Air Products & Chemicals, Inc.
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• Gulf Cryo
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• SIG Gases Berhad
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• Messer Group GmbH
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• The Linde Group
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• Iwatani Corporation

Recent developments

March 2020:

In a significant development within the industrial equipment sector, Gardner Denver Holdings, Inc. successfully completed its merger with Ingersoll Rand Industrial. This merger brought together two prominent companies in the industry, creating a larger and more diversified entity with expanded capabilities and product offerings.

Gardner Denver Holdings, Inc. is a well-established global provider of industrial equipment and technologies, known for its wide range of solutions for various applications. On the other hand, Ingersoll Rand Industrial is also a renowned name in the industry, specializing in providing innovative and reliable industrial equipment and services.

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