Overview of Global Industrial Gases Market for Metals and Metal Fabrication Market 2017-2021

This industry research report identifies Air Liquide, Air Products and Chemicals, Linde Group, Messer Group, and Praxair as the key vendors in the global industrial gases market for the metals and metal fabrication market. This industry research report also presents a competitive analysis of the market by end user (metal manufacturing, automobiles, rail and shipping, heavy industries, and aerospace and defense), by distribution mode (cylinder and packaged, merchant liquid, and tonnage), and by geography (APAC, Europe, North America, and ROW).

Overview of the global industrial gases market for the metals and metal fabrication market

Market research analysts at Technavio predict that the global industrial gases market for the metals and metal fabrication market will grow at a CAGR of more than 6% by 2021. This market research analysis identifies the increased demand from end-user industries as one of the primary growth factors for this market. Industrial gases are used for various applications in the process, metal, and manufacturing industries as these gases have huge significance in the production and fabrication of metals. Various gases are used for the production of steel and iron and also as a welding and shielding gas in metal fabrication industries. The markets growth is primarily influenced by the increasing demand in process industries and the demand is proportionately related to the growth in the end-user industries, additionally, the increased production from the food and beverage, pharmaceutical, steel, and mining industries also amplifies the demand for industrial gases.

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The market research report identifies the inorganic expansion and increasing M&As as one of the key trends behind the growth of the industrial gases market for metals and metal fabrication market. Vendors are increasingly engaging in organic expansion since it provides access to the existing customer base and distribution network of the acquired or merged company. The key vendors are attempting to gain access to enhance their customer base and this results in increase in revenue and enables the company to gain competitive advantage in terms of distribution.

Competitive landscape and key vendors

The market is fragmented due to the presence of several global and regional vendors. The local vendors account for significant market shares due to the growing industrialization and economic development. The market is dominated by the well-established vendors and the vendors in this marketspace compete based on price, quality, innovation, performance, and customer preference. The small and medium scale vendors are focusing on innovating and expanding their product portfolio to gain more market share.

The leading vendors in the market are -
- Air Liquide
- Air Products and Chemicals
- Linde Group
- Messer Group
- Praxair

The other prominent vendors in the market are CRYOTEC Anlagenbau , Gulf Cryo, MATHESON Tri-Gas, Taiyo Nippon Sanso, and Welsco.

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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