Title: Global Welding gas/shielding gas market
1 Global Welding gas/shielding gas market Research
Report By Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Global Welding gas/shielding gas market Forecast
To 2023
Global Welding gas/shielding gas market Forecast
To 2023
Welding/shielding gasses are typically inert or
semi-inert gases which are used in certain
welding processes. These gases are used to
protect the weld from oxygen and water vapor, as
they can affect the quality of the weld. Market
Research Future's study of the Global Welding
gas/shielding gas market has revealed projections
of steady growth for the market at a CAGR of 5
during the forecast period. The construction
industry makes the most use of welding
gas/shielding gas due to its use in welding
processes such as shielded arc welding, metal gas
arc welding, and tungsten metal arc welding. The
rapidly growing construction industry is
primarily responsible for the growth of the
Global Welding gas/shielding gas market. In
developed economies, the construction sector is
growing due to the on-going development and
updating of existing infrastructure.
3Global Welding gas/shielding gas market Forecast
To 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Global Welding gas/shielding gas market Forecast
To 2023
- However, rapidly emerging economies represent the
highest growth for the Global Welding
gas/shielding gas market. Development of
residential buildings due to rising disposable
incomes and the growing commercial sector is
expected to drive the growth of the market.
Government investments in infrastructural
development and an overall rise in construction
and mining activities are expected to encourage
global growth of the Global Welding gas/shielding
gas market. The market is challenged by the costs
of the gases which are highly volatile, with some
gases being high in cost thus limiting their use.
However, opportunities outweigh challenges, and
overall growth is expected for the market.
4Global Welding gas/shielding gas market Forecast
To 2023
Global Welding gas/shielding gas market Segmented
on the basis of
MRFR's report on the Global Welding gas/shielding
gas market includes a detailed segmental analysis
of the market which has been performed according
to type, application, and region. By type, the
market is segmented into carbon dioxide, argon,
and others. Applications in welding gas/shielding
gas include gas metal arc welding, tungsten gas
arc welding, and others. Global segmentation of
the market divides the Global Welding
gas/shielding gas market into Europe, North
America, Asia Pacific and the Rest of the World.
5Global Welding gas/shielding gas market Forecast
To 2023
Global Welding gas/shielding gas market -
Geographical Analysis
The APAC accounts for the most significant
regional segment of the market and is expected to
dominate the Global Welding gas/shielding gas
market during the assessment period. China, India
and other emerging economies are among the key
country level markets which are leading growth.
These countries also have high infrastructural
construction activities which are ongoing. The
growing construction sector, energy sector, and
others are expected to impact the regional market
heavily. Moreover, the presence of rising
disposable income in the region is expected to
increase demand for housing, automotive and
energy, thus sustaining growth for the APAC in
the coming years.
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6Global Welding gas/shielding gas market Forecast
To 2023
Global Welding gas/shielding gas market -
Competitive Analysis
- MRFR includes an extensive competitive analysis
in its report. Important market players that
participate in the competitive landscape of the
Global Welding gas/shielding gas market include
Air Liquide SA, Iceblick Ltd., Praxair, Inc.,
Taiyo Nippon Sanso Corporation, Air Products
Chemicals, Inc., SIG Gases Berhad, Gulf Cryo, The
Linde Group, Messer Group GmbH, and Iwatani
Corporation
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