MarkWide Research


Welding Shielding Gas Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: September, 2022
No of Pages: 168
Delivery Format: PDF+ Excel


Welding gas/shielding gas market outlook highlights that the market is expected to grow at a rate of 5% CAGR in the forecast period. The shielding gas market size was valued at 2.02. billion in 2015.

Welding gas/shielding gas is a very crucial part of numerous Industries that include building and construction, metal, manufacturing, aerospace, and automotive. Expansion of all these industries has created a huge demand for the market over the past years. Growing residential and commercial activities and countries’ Infrastructure expected to boost the market growth in the forecast period. In many regions, the automotive industry is growing rapidly. The automotive industry needs a Welding/shielding process to make vehicles, so the need for Welding/shielding in the automotive industry fueling the growth of the Welding gas/shielding gas industry size.

The covid-19 pandemic has severely affected many businesses and the economy around the world. As lockdown was imposed in many countries to control the virus, many organizations faced a financial crisis, and production work was on a halt. One of the major affected sectors was construction and manufacturing. The construction and manufacturing work worldwide had stopped like that the automotive sector also faced severe loss due to the covid-19 pandemic. Production of the new vehicle was on a halt, and due to the labor shortage and lockdown, the automotive industry was shut down globally. People were going through a financial crisis, so they didn’t invest any money in buying vehicles or construction work. Due to all these factors, the market was affected badly. Amid the covid-19 pandemic, the market value was $2.6 billion in the year 2020. The market will see positive growth after the covid-19 situation. The market key players played a huge role in the growth of market demand.

Many factors drive the demand of the Welding gas/shielding gas market, and those factors are called market drivers. But the presence of some factors can restraint the market growth, and those factors are called Welding gas/shielding gas market restraints.

Market drivers

One of the major drivers in the Welding gas/shielding gas market is the increasing demand for welding processes such as shielded arc welding, metal has arc welding, tungsten metal arc welding, and it is fueled by the construction sectors. The growing need for bigger buildings in big cities will drive the growth of welding gas market trends. The increasing demand for construction and manufacturing work in smart cities and government initiatives to make better Infrastructure will boost the welding has market size. Apart from the construction and manufacturing sectors, the need for Welding gas/shielding gas will drive the shielding gas market size. The automotive industry is growing rapidly, and there are many countries focusing on automotive production, and it will drive the welding gas market share in the coming years. The government is highly investing in mining activities, and it is expected to boost the market in the forecast period.

Market opportunities

With the increasing demand for manufacturing and construction work, new opportunities are arising for the market. The government is starting new projects to develop its Infrastructure. As a result, the market is getting new opportunities. Without welding or shielding, the automotive industry won’t function, so with the Increasing demand for the automotive sector, the market is on the rise. Many people are investing money in building residential apartments, and with the increasing number of residential properties, the market is seeing new opportunities.

Market restraints

There is a certain factor that is blocking the growth of the Welding gas/shielding gas market. The welding gas/shielding gas mix, such as oxygen mixture with flammable has is explosive in nature, and its usage is restricted according to the OSHA rules. And it has become a major restraint in the market. Apart from this, the making of these gases requires much complex procedure, and it can increase the overall welding cost, and it is a major restraint for the market.

Market challenges

The Welding gas/shielding gas market is facing many challenges, just like other markets. The production of these gases requires a complicated process and the guidance of professionals. These gases should be taken care of properly. Otherwise, they can cause a major explosion, so the lack of skilled professionals to complete the process has become a major challenge for the market.

Cumulative growth analysis

The need for Welding gas/shielding gas is growing rapidly with the Increasing demand for the Welding/shielding process in many Industries. The market will rise rapidly in the future due to rising construction work, government initiatives, and the growing automotive sector. The market is expected to grow at a rate of 5% CAGR in the forecast period. The welding gas/shielding gas industry was valued at 2.02. billion in 2015. According to the market analysis, the market is expected to reach $3.5 billion by the year 2027, with a CAGR rate of 4.3%.

Welding Gas/Shielding Gas Market Segmentation

The welding gas/shielding gas Industry is divided on the basis of type, end-user, application, storage, and region.

  • By type- By type, the market is divided on the basis of argon, carbon dioxide, oxygen, hydrogen, and others. Carbon dioxide is a commonly used welding gas that is used in many applications, and it is one of the purest gas and stable gas. As the purest form, the carbon dioxide gives great penetration that helps to thickens the material.
  • By end-user- By end-user type, the market is divided on the basis of construction, energy, aerospace, energy, metal manufacturing, and fabrication. Among these, it is largely used in the construction and manufacturing sectors.
  • By application- By application, the market is further divided on the basis of gas metal arc welding, gas tungsten arc welding, and others.
  • By storage- Storage segment of the market further carried out into cylinder & packaged gas Distribution and merchant liquid/ bulk distribution.
  • By region- By region, the market includes regions such as North America, Europe, Asia Pacific, and the rest of the world.

The regions covered in the Welding gas/shielding gas market are North America, Europe, Asia Pacific, and the rest of the world. North America has the highest share in the market, and it is generating the highest market revenue. A stable and strong economy and increasing demand for the construction sector are driving the market in this region. The Asia Pacific is growing at the fastest rate, and it is expected to register the highest CAGR rate in the forecast period. The countries such as China, Japan, and India contributing to the market growth. Government initiatives to make better Infrastructure and the rising economy are fueling the market growth in the region. The European region is also showing a rapid growth in the market, and it will grow more in the forecast period. The automotive industry is expanding rapidly in this region, and Increasing demand for advanced vehicles will drive the market in the coming years.

Welding gas/shielding gas is inert or semi-inert gases that are used to protect the weld from harmful gases in the atmosphere. These gas are known and Nobel gas and these are colorless, odorless, and chemically non-reactive.  Welding is a method of joining two or more similar metals or not similar metals together by heating them at below melting point. This process is highly used in the construction sectors as well as in so many sectors. Without welding or shielding, so many things wouldn’t have worked. But welding or shielding needs gas that is very important to make it work. With the Increasing need for welding/shielding, the global Welding gas market size is always increasing rapidly.

Welding gas/shielding gas is used in numerous Welding/shielding processes commercially, and these gases protect from water vapor, moisture too.  Without the gas, the Welding/shielding won’t last long, and it would react with the atmosphere to create many problems such as small holes, excessive spatter. Apart from this, Welding gas/shielding gas gives stability to the welding arc. There are many gases in the Welding gas/shielding gas market, such as hydrogen, acetylene, carbon dioxide, helium, oxygen, and others. In the purest form of carbon dioxide as welding gas, it provides deep penetration that can make help to make thick welding materials.

Welding Gas/Shielding Gas Market Competitive landscape

The major key player in the Welding gas/shielding gas market are,

  • Air Products & Chemicals, Inc. (U.S.)
  • The Linde Group (Germany)
  • Messer Group GmbH (Germany)
  • Iwatani Corporation (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:
Report Attribute/MetricDetails
  Market Size  2030: Significant Value
  CAGR  5% CAGR (2022-2030)
  Base Year  2021
  Forecast Period  2022-2030
  Historical Data  2019 & 2020
  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


Table of Contents

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model
3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Welding Gas/Shielding Gas Market, By Type

4.1 Introduction

4.2 Argon

4.3 Carbon Dioxide

4.4 Others

5 Global Welding Gas/Shielding Gas Market, By Application

5.1 Introduction

5.2 Gas Metal Arc Welding

5.3 Tungsten Gas Arc Welding

5.4 Others

6 Regional Market Analysis

6.1 Introduction

6.2 North America

6.2.1 U.S.

6.2.2 Canada

6.3 Europe

6.3.1 U.K

6.3.2 France

6.3.3 Germany

6.3.4 Spain

6.3.5 Rest Of Europe

6.4 Asia-Pacific

6.4.1 China

6.4.2 Japan

6.4.3 India

6.4.4 Rest Of Asia-Pacific

6.5 Rest Of The World

7 Competitive Analysis

7.1 Introduction

7.2 Competitive Scenario

7.2.1 Market Share Analysis

7.2.2 Market Development Analysis

7.2.3 Glazing Application/Service Benchmarking

7.3 Air Products & Chemicals, Inc. (U.S.)

7.3.1 Overview

7.3.2 Glazing Application/Service Offering

7.3.3 Strategy

7.4 Gulf Cryo (Bahrain)

7.4.1 Overview

7.4.2 Glazing Application/Service Offering

7.4.3 Strategy

7.5 The Linde Group (Germany)

7.5.1 Overview

7.5.2 Glazing Application/Service Offering

7.5.3 Strategy

7.6 Iwatani Corporation (Japan)

7.6.1 Overview

7.6.2 Glazing Application/Service Offering

7.6.3 Strategy

7.7 Praxair, Inc. (U.S.)

7.7.1 Overview

7.7.2 Glazing Application/Service Offering

7.7.3 Strategy

7.8 Praxair, Inc. (U.S.)

7.8.1 Overview

7.8.2 Glazing Application/Service Offering

7.8.3 Strategy

7.9 Praxair, Inc. (U.S.)

7.9.1 Overview

7.9.2 Glazing Application/Service Offering

7.9.3 Strategy

7.10 SIG Gases Berhad (Malaysia)

7.10.1 Overview

7.10.2 Glazing Application/Service Offering

7.10.3 Strategy

7.11 Air Liquide SA (France)

7.11.1 Overview

7.11.2 Glazing Application/Service Offering

7.11.3 Strategy

7.12 Messer Group GmbH (Germany)

7.12.1 Overview

7.12.2 Glazing Application/Service Offering

7.12.3 Strategy

Major Companies

  • Air Products & Chemicals, Inc. (U.S.)
  • The Linde Group (Germany)
  • Messer Group GmbH (Germany)
  • Iwatani Corporation (Japan)
  • Praxair, Inc. (U.S.)
  • Iceblick Ltd. (Ukraine)
  • Gulf Cryo (Bahrain)
  • Taiyo Nippon Sanso Corporation (Japan)
  • SIG Gases Berhad (Malaysia)
  • Air Liquide SA (France)


By Type

  • Argon
  • Carbon Dioxide
  • Others

By Application

  • Gas Metal Arc Welding
  • Tungsten Gas Arc Welding
  • Others

Why Choose MWR

Quality Research

Our goal is to provide high-quality data that stimulates growth and creates a win-win situations

Unlimited User Access 

We offer Corporate User license access on all our reports in which you can share the report with your entire team without any restrictions

Free Company Inclusion 

We give you an option to include 3-4 additional company players of your choice in our report without any extra charges

Post Sale Assistance

Unlimited post sales service with an account manager dedicated to making sure that all your needs are met

Covid-19 Impact Analysis

All our research report includes latest Covid-19 Impact and its analysis

Download Free Sample PDF

444 Alaska Avenue

Suite #BAA205 Torrance, CA 90503 USA

+1 424 360 2221

24/7 Customer Support

Download Free Sample PDF