Welding Gas/ Shielding Gas Market is expected to grow at a CAGR of 6.29%
According
to TechSci Research report, “Welding
Gas/ Shielding Gas Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast 2018-2028”, the Global Welding Gas/ Shielding Gas
Market is expected to register robust growth during the
forecast period.
The automotive industry is
a major consumer of welding gases, using them extensively in the assembly and
fabrication of vehicles. With the global rise in consumer demand for
automobiles and the ongoing evolution of the automotive sector, welding
processes become increasingly vital. As industry explores advancements such as
electric vehicles and lightweight materials, the demand for precise and
efficient welding, facilitated by shielding gases, is on the rise.
The
increasing adoption of advanced welding technologies, such as robotic welding
systems and automation, presents a significant opportunity for the welding gas
market. These technologies offer higher efficiency, precision, and productivity
in welding processes. Welding gas suppliers can capitalize on this trend by
developing specialized gas formulations that enhance the performance of these
advanced welding systems, meeting the evolving needs of manufacturers.
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Welding Gas/ Shielding Gas Market"
Based
on type, the
Carbon Dioxide segment is expected to dominate the market during the forecast
period. In MAG welding, carbon dioxide is often blended with other gases like
argon to create customized gas mixtures. These blends are designed to enhance
the welding process by influencing parameters such as arc characteristics,
penetration, and bead appearance. MAG welding applications span a wide range of
industries, including shipbuilding, heavy equipment manufacturing, and
structural steel fabrication. Carbon dioxide's versatility in different welding
processes contributes to its widespread adoption. Whether used as a standalone
shielding gas in MIG welding or blended with other gases for MAG welding, CO2
can be tailored to suit various welding applications. This versatility enhances
its market appeal across diverse industries and applications. The future may
see advancements in gas blend technologies, where carbon dioxide is combined
with other gases to create formulations that offer improved weld quality and
efficiency. Innovations in this area could open up new applications for carbon
dioxide in welding processes. Carbon dioxide remains a crucial player in the
welding gas/shielding gas market, valued for its cost-effectiveness and
versatility in various welding applications. While facing challenges in certain
precision applications, its affordability and widespread applicability continue
to drive its demand globally, especially in industries prioritizing
cost-efficiency and high-volume production. Future trends suggest an increasing
adoption in developing economies and potential advancements in gas blend
technologies to enhance its performance in diverse welding scenarios.
Based
on end user, the Construction segment is projected to dominate the market
throughout the forecast period. The manufacturing of construction equipment,
including heavy machinery and earthmoving vehicles, relies on welding
processes. Shielding gases are essential in achieving strong and reliable welds
in the fabrication of components such as frames, chassis, and structural
elements. Construction projects demand welds of high quality and integrity to
ensure the safety and longevity of structures. Shielding gases play a vital
role in achieving clean and robust welds, reducing defects and enhancing the
overall structural performance. The emphasis on quality in construction fuels
the demand for precise and effective welding gas solutions. Increasing awareness
of environmental sustainability is likely to drive the adoption of eco-friendly
welding gas solutions in the construction segment. Suppliers may focus on
developing gas formulations that reduce emissions and align with green
construction practices. The construction segment plays a vital role in the
global welding gas/shielding gas market, driven by infrastructural development
projects and the need for high-quality welds in construction applications.
While facing challenges related to regulatory compliance and varying project
requirements, the segment is expected to embrace advanced welding technologies
and sustainable solutions in the future. The ongoing global emphasis on
infrastructure development ensures a continued and substantial demand for
welding gases in the construction industry.
Key market
players in the Global Welding Gas/ Shielding Gas Market are:-
- Air Products
& Chemicals, Inc.
- The Linde Group
- Messer Group
GmbH
- Iwatani
Corporation
- Praxair, Inc.
- Iceblick Ltd.
- Gulf Cryo
- Taiyo Nippon
Sanso Corporation
- SIG Gases
Berhad
- Air Liquide SA
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“The
Global Welding Gas/ Shielding Gas Market in Asia Pacific is poised to be the
dominant force in the industry. The Asia Pacific region has been experiencing
substantial industrialization, with countries such as China, India, Japan, and
South Korea emerging as major manufacturing hubs. The growth of industries such
as automotive, electronics, and heavy machinery has significantly contributed
to the demand for welding gases. As manufacturing processes rely heavily on
welding for fabrication, the need for shielding gases has witnessed a
considerable upswing.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Welding
Gas/ Shielding Gas Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast Segmented By Type (Argon, Carbon Dioxide and Others), By
Application (Gas Metal Arc Welding, Tungsten Gas Arc Welding and Others), By
Storage (Cylinder & Packaged Gas Distribution and Merchant Liquid/Bulk
Distribution), By End User (Construction, Energy, Aerospace, Metal
Manufacturing & Fabrication and Others), By Region, and By Competition
2018-2028”
has evaluated the future growth potential of Global Welding Gas/ Shielding Gas
Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Welding Gas/
Shielding Gas Market.
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