Press release
Welding gas/shielding gas Market 2018 Industry Trends, Leading Players: Air Products & Chemicals, Gulf Cryo, The Linde, Iwatani, Praxair, Iceblick, Taiyo Nippon Sanso, SIG Gases Berhad
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Market Scenario
Shielding gases are inert or semi-inert gases that are commonly used in several welding processes, majorly in gas metal arc welding and gas tungsten arc. The main purpose of using the welding gas/shielding gas is to protect the weld area from oxygen, and water vapour.
One of the key drivers for the growth of welding gas/shielding gas market is the increased demand for welding process such as tungsten metal arc welding, shielded arc welding, and metal gas arc welding which is fuelled by the need for construction industry. The growing constructional development in both residential and commercial sectors, is expected to drive the growth of the market, especially in developing economies. The rapid investments by governments on infrastructural developments and the rising construction & mining activities are expected to boost the demand for welding gas/shielding gas during the forecast period.
The Welding gas/shielding gas market is expected to grow with the CAGR of approximately 5% from 2016 to 2023
Key Players
The key players of welding gas/shielding gas market are 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) among others.
Regional Analysis
Asia-Pacific region is expected to dominate the welding gas/shielding gas market during the forecast period. The growth of this region can be attributed to emerging economies of China and India and the rapid growth in the adoption of welding gas/shielding gas across various industrial verticals including construction, energy, metal manufacturing & fabrication, and automotive industries.
The report for Welding gas/shielding gas market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Welding Gas/Shielding Gas Market, By Type
5 Global Welding Gas/Shielding Gas Market, By Application
6 Regional Market Analysis
7 Competitive Analysis
Continued…….
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