Industrial Gases- Metals And Metal Fabrication Market Size Projected To Reach $76.27 Billion By 2034 With A Cagr Of 7.3%

The Industrial Gases- Metals And Metal Fabrication Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Industrial Gases- Metals And Metal Fabrication Market?
The size of the market for industrial gases - metals and metal fabrication has seen robust growth in the past few years. The market, sized at $54.34 billion in 2024, is projected to increase to $57.61 billion in 2025, showing a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this growth during the historical period include an increased demand for industrial gases in metal welding and cutting processes, the adoption of industrial gases for heat treatment and surface modification, advancements in metal recycling, increasing utilization of industrial gases in non-ferrous metal production, and a surge in demand for metal fabrication in the automotive industry.

The size of the industrial gases-metals and metal fabrication market is predicted to witness substantial expansion in the coming years, growing to $76.27 billion in 2029 as it surges at a compound annual growth rate (CAGR) of 7.3%. The forecasted growth can be ascribed to the increasing demands for specialty gases in additive manufacturing, the rise of the automotive industry with its metal fabrication applications, the growing acceptance of industrial gases in upcoming marketplaces, the extension of the electronics sector, and the emergence of industrial gases in metal 3d printing technologies. Key trends in the projected period encompass the consolidation of high-tech monitoring and control systems, the creation of personalised gas blends, a focus on sustainable and environmentally-friendly gas production techniques, partnerships between gas providers and metal fabrication firms, and inventive packaging and delivery approaches.

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What Are the Different Industrial Gases- Metals And Metal Fabrication Market Segments?
The industrial gases- metals and metal fabrication market covered in this report is segmented -

1) By Type: Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Other Types
2) By Function: Primary Metal Production, Metal Fabrication
3) By Transportation Mode: Cylinder And Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution

Subsegments:
1) By Oxygen: Medical Oxygen, Industrial Oxygen
2) By Nitrogen: Liquid Nitrogen, Gaseous Nitrogen
3) By Hydrogen: Industrial Hydrogen, High-Purity Hydrogen
4) By Carbon Dioxide: Liquid Carbon Dioxide, Gaseous Carbon Dioxide
5) By Acetylene: Pure Acetylene, Acetylene in Gas Mixtures
6) By Other Types: Argon, Helium, Neon, Other Specialty Gases

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What Are the Primary Drivers Shaping the Industrial Gases- Metals And Metal Fabrication Market?
Expectations are high for an uptick in industrial gases-metals and metal fabrication markets, spurred by projected increases in automotive manufacturing. Companies within the automotive sector are primarily concerned with the design, production, marketing, and servicing of motor vehicles. These businesses rely heavily on industrial gases for various facets of metal manufacturing and treatment, including but not limited to, heating, welding, shielding, cutting and coating. For example, IBEF (Indian Brand Equity Foundation), a government-affiliated export promotional agency based in India, reported total passenger vehicle production figures of 1,860,809 units - a tally that brings together 3-wheeler and two-wheeler statistics - in 2022. Such escalation in automotive manufacture thus catalyzes growth within the industrial gases-metals and metal fabrication markets.

Which Companies Are Leading in the Industrial Gases- Metals And Metal Fabrication Market?
Major companies operating in the industrial gases- metals and metal fabrication market include Praxair Inc., Cryotec Anlagenbau GmbH, Air Products and Chemicals Inc., Iwatani Corporation, The Messer Group GmbH, Linde plc, Southern Industrial Gas Sdn Bhd, Nippon Sanso Holdings Corporation, Singhal Gas Products, Yingde Gases Group Company Limited, Matheson Tri-Gas Inc., Gulf Cryo, Welsco Inc., Ellenbarrie Industrial Gases Ltd., Sicgil India Limited, Axcel Gases, AGP Gas, EuroWeld Group, National Welding Supply Co., Nexair LLC, Messer Canada Inc., Oxygen Service Company, HyCO, Universal Industrial Gases Inc., AGL Industrial Supply Inc., Praxair Canada Inc., Calgaz, Cryoplant LLC, CryoSource, Cryo-Flo Industries Ltd.

What Are the Major Trends Shaping the Industrial Gases- Metals And Metal Fabrication Market?
Strategic alliances and collaborations are becoming increasingly prominent trends in the industrial gases-metals and metal fabrication sectors. Prominent companies in the market are concentrating on strategic alliances, such as constructing new sophisticated industrial facilities. For instance, Westfalen, a tech firm based in Germany, declared in September 2023 that it had opened a new industrial gases filling plant in Arzal, on the Atlantic coast of Brittany, France. This development enhances Westfalen's footprint in France, its primary foreign market, and boosts the company's capability by over 130,000 cylinders annually. The new plant's goal is to increase operational efficiency by manufacturing gases nearer to clients, thus shortening logistics journeys and aiding in the reduction of carbon emissions. This investment underlines Westfalen's dedication to satisfy the burgeoning demand for industrial gases while simultaneously championing sustainability in its activities.

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What Are the Top Revenue-Generating Geographies in the Industrial Gases- Metals And Metal Fabrication Market?
Asia-Pacific was the largest region in the industrial gases-metals and metal fabrication market in 2024. The regions covered in the industrial gases- metals and metal fabrication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Gases- Metals And Metal Fabrication Market?
2. What is the CAGR expected in the Industrial Gases- Metals And Metal Fabrication Market?
3. What Are the Key Innovations Transforming the Industrial Gases- Metals And Metal Fabrication Industry?
4. Which Region Is Leading the Industrial Gases- Metals And Metal Fabrication Market?

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