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Welding shielding gas Market
ID: MRFR/IA - E/2070-HCR
111 Pages
September 2025
Welding Gas/Shielding Gas Market Research Report Information Report by Type (Argon, Carbon Dioxide, Others), by Application (Gas Metal Arc Welding, Tungsten Gas Arc Welding, Others), By End Use Industry (Construction, Energy, Aerospace, Metal Manufacturing & Fabrication, Others( Automotive & Transportation Equipment),By Storage (Cylinder & Packaged Gas Distribution, Merchant Liquid/Bulk Distribution) and By Region - Forecast to 2032
Industry Developments
March 2020 - Gardner Denver Holdings, Inc. completed the merger with the Ingersoll Rand Industrial
Market Segmentation
Welding Gas/Shielding Gas Market Segmentation
Welding Gas/Shielding Gas Market Competitive landscape
- Air Products & Chemicals, Inc. (U.S.)
- The Linde Group (Germany)
- Messer Group GmbH (Germany)
- (Japan)
- Praxair, Inc. (U.S.)
- Iceblick Ltd. (Ukraine)
- Gulf Cryo (Bahrain)
- Taiyo Nippon Sanso Corporation (Japan)
- SIG Gases Berhad (Malaysia)
- Air Liquide SA (France)
Report Scope
| Attribute/Metric | Details |
| Market Size 2023 | USD 2,807.6 Million |
| Market Size 2024 | USD 3,063.8 Million |
| Market Size 2032 | USD 5,987.6 Million |
| CAGR | 8.74% CAGR (2024-2032) |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2019 & 2022 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type and Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | 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) and Messer Group GmbH (Germany) |
| Key Market Opportunities | New product launches and R&D amongst major key players |
| Key Market Drivers | Increased demand for welding process such as tungsten metal arc welding, shielded arc welding, and metal gas arc welding · Growing constructional development in both residential and commercial sectors Rising construction & mining activities |
Market Highlights
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FAQs
What is the expected growth rate of the market for the forecast period?
The market is expected to strike 8.74% CAGR.
Who are the major key players in the Welding gas/shielding gas market?
The major key players in the Welding gas/shielding gas market are Air Products & Chemicals, Inc. (U.S.), Taiyo Nippon Sanso Corporation (Japan), SIG Gases Berhad (Malaysia), Gulf Cryo (Bahrain), The Linde Group (Germany), Iwatani Corporation (Japan), Praxair, Inc. (U.S.), Iceblick Ltd. (Ukraine), Air Liquide SA (France) and Messer Group GmbH (Germany).
What are the different types of segments assessed in this report?
Argon, carbon dioxide, and others are the different types of type based segments of the market.
Which is the fastest-growing region in the Welding gas/shielding gas market?
Asia- Pacific is the fastest-growing region in the Welding gas/shielding gas market.
What is anticipated to drive the growth of the market in the forthcoming years?
Increasing constructional development for residential and commercial purposes is projected to lead the expansion of the market in the nearing years.
Which region holds the highest share in the Welding gas/shielding gas market?
North America holds the highest share in the Welding gas/shielding gas market.
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