Welding Gas/Shielding Gas

Welding Gas/Shielding Gas

Global Welding Gas/Shielding Gas Market to Reach US$5.3 Billion by 2030

The global market for Welding Gas/Shielding Gas estimated at US$3.7 Billion in the year 2023, is expected to reach US$5.3 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2023-2030. Argon Gas, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$3.4 Billion by the end of the analysis period. Growth in the Carbon Dioxide Gas segment is estimated at 5.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.0 Billion While China is Forecast to Grow at 4.8% CAGR

The Welding Gas/Shielding Gas market in the U.S. is estimated at US$1.0 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$833.2 Million by the year 2030 trailing a CAGR of 4.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.0% and 4.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Global Welding Gas/Shielding Gas Market - Key Drivers and Trends Summarized

Welding gas, also known as shielding gas, is an essential component in various welding processes, providing a protective atmosphere around the weld area to prevent contamination and ensure high-quality welds. Common types of welding gases include argon, helium, carbon dioxide, and mixtures of these gases. Shielding gases are used in welding techniques such as Gas Metal Arc Welding (GMAW), Gas Tungsten Arc Welding (GTAW), and Flux-Cored Arc Welding (FCAW). Their primary function is to shield the molten weld pool from atmospheric gases like oxygen, nitrogen, and water vapor, which can cause defects such as porosity, oxidation, and weak weld joints.

The market for welding gases is driven by several key factors. One of the primary drivers is the robust growth in the construction and manufacturing industries, which demand high-quality welding for infrastructure projects, automotive production, and heavy machinery manufacturing. As these industries expand, the need for reliable and efficient welding processes increases, boosting the demand for shielding gases. Additionally, the ongoing advancements in welding technology and automation are fueling the market growth. Automated welding systems require precise control of shielding gases to achieve consistent and high-quality welds, leading to increased consumption of specialized gas mixtures. Another significant driver is the rising emphasis on energy infrastructure development, including pipelines and renewable energy installations, which require extensive welding applications and, consequently, a steady supply of shielding gases.

One of the major significant trends shaping the market  is the increasing adoption of advanced welding techniques, such as laser welding and plasma arc welding, which require high-purity shielding gases to maintain the integrity of the welds. These advanced techniques are gaining popularity due to their precision and efficiency, driving the demand for high-quality welding gases. Another trend is the shift towards environmentally friendly and sustainable welding practices. There is a growing demand for gas mixtures that minimize environmental impact, such as those that reduce greenhouse gas emissions and improve energy efficiency during welding processes. Additionally, the integration of digital technologies and IoT in welding operations is becoming more prevalent. Smart welding systems equipped with sensors and real-time monitoring capabilities can optimize gas usage, reduce wastage, and enhance overall process efficiency.

Select Competitors (Total 13 Featured) -

• Air Liquide S.A.
• Air Products and Chemicals, Inc.
• Gulf Cryo
• Iceblick Ltd.
• Iwatani Corporation
• Messer Group
• Praxair Inc.
• Southern Industrial Gas
• Taiyo Nippon Sanso Corporation
• The Linde Group

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