Welding Gas/ Shielding Gas Market Outlook & Forecast [2028]

Market Research Consultants

Updated on Jan 25, 2024

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The global Welding Gas/ Shielding Gas Market has valued at USD 3.88 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 6.29% through 2028. Infrastructure development projects, including the construction of roads, bridges, airports, and buildings, require welding processes for structural fabrication. Shielding gases play a crucial role in ensuring the integrity of welds in these critical applications. The global push for infrastructure development, particularly in emerging economies, contributes significantly to the growing demand for welding gases.

According to TechSci Research report, “Welding Gas/ Shielding Gas Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”, the Global Welding Gas/ Shielding Gas Market is expected to register robust growth during the forecast period. The automotive industry is a major consumer of welding gases, using them extensively in the assembly and fabrication of vehicles. With the global rise in consumer demand for automobiles and the ongoing evolution of the automotive sector, welding processes become increasingly vital. As the industry explores advancements such as electric vehicles and lightweight materials, the demand for precise and efficient welding, facilitated by shielding gases, is on the rise.

The increasing adoption of advanced welding technologies, such as robotic welding systems and automation, presents a significant opportunity for the welding gas market. These technologies offer higher efficiency, precision, and productivity in welding processes. Welding gas suppliers can capitalize on this trend by developing specialized gas formulations that enhance the performance of these advanced welding systems, meeting the evolving needs of manufacturers.

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Based on type, the Carbon Dioxide segment is expected to dominate the market during the forecast period. In MAG welding, carbon dioxide is often blended with other gases like argon to create customized gas mixtures. These blends are designed to enhance the welding process by influencing parameters such as arc characteristics, penetration, and bead appearance.

MAG welding applications span a wide range of industries, including shipbuilding, heavy equipment manufacturing, and structural steel fabrication. Carbon dioxide's versatility in different welding processes contributes to its widespread adoption. Whether used as a standalone shielding gas in MIG welding or blended with other gases for MAG welding, CO2 can be tailored to suit various welding applications. This versatility enhances its market appeal across diverse industries and applications.

The future may see advancements in gas blend technologies, where carbon dioxide is combined with other gases to create formulations that offer improved weld quality and efficiency. Innovations in this area could open up new applications for carbon dioxide in welding processes. Carbon dioxide remains a crucial player in the welding gas/shielding gas market, valued for its cost-effectiveness and versatility in various welding applications.

While facing challenges in certain precision applications, its affordability and widespread applicability continue to drive its demand globally, especially in industries prioritizing cost-efficiency and high-volume production. Future trends suggest an increasing adoption in developing economies and potential advancements in gas blend technologies to enhance its performance in diverse welding scenarios.

Based on end user, the Construction segment is projected to dominate the market throughout the forecast period. The manufacturing of construction equipment, including heavy machinery and earthmoving vehicles, relies on welding processes. Shielding gases are essential in achieving strong and reliable welds in the fabrication of components such as frames, chassis, and structural elements. Construction projects demand welds of high quality and integrity to ensure the safety and longevity of structures. Shielding gases play a vital role in achieving clean and robust welds, reducing defects, and enhancing the overall structural performance.

The emphasis on quality in construction fuels the demand for precise and effective welding gas solutions. Increasing awareness of environmental sustainability is likely to drive the adoption of eco-friendly welding gas solutions in the construction segment. Suppliers may focus on developing gas formulations that reduce emissions and align with green construction practices.

The construction segment plays a vital role in the global welding gas/shielding gas market, driven by infrastructural development projects and the need for high-quality welds in construction applications. While facing challenges related to regulatory compliance and varying project requirements, the segment is expected to embrace advanced welding technologies and sustainable solutions in the future.

The ongoing global emphasis on infrastructure development ensures a continued and substantial demand for welding gases in the construction industry.

Key market players in the Global Welding Gas/ Shielding Gas Market are:-

  • Air Products & Chemicals, Inc.
  • The Linde Group
  • Messer Group GmbH
  • Iwatani Corporation
  • Praxair, Inc.
  • Iceblick Ltd.
  • Gulf Cryo
  • Taiyo Nippon Sanso Corporation
  • SIG Gases Berhad
  • Air Liquide SA

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“The Global Welding Gas/ Shielding Gas Market in Asia Pacific is poised to be the dominant force in the industry. The Asia Pacific region has been experiencing substantial industrialization, with countries such as China, India, Japan, and South Korea emerging as major manufacturing hubs. The growth of industries such as automotive, electronics, and heavy machinery has significantly contributed to the demand for welding gases. As manufacturing processes rely heavily on welding for fabrication, the need for shielding gases has witnessed a considerable upswing.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Welding Gas/ Shielding Gas Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (Argon, Carbon Dioxide and Others), By Application (Gas Metal Arc Welding, Tungsten Gas Arc Welding and Others), By Storage (Cylinder & Packaged Gas Distribution and Merchant Liquid/Bulk Distribution), By End User (Construction, Energy, Aerospace, Metal Manufacturing & Fabrication and Others), By Region, and By Competition 2018-2028 has evaluated the future growth potential of Global Welding Gas/ Shielding Gas Marketand provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Welding Gas/ Shielding Gas Market.

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