Global Industrial Gases Metals And Metal Fabrication Market Scope 2024, Forecast To 2033

21 Feb, 2024

Industrial gases in metals and metal fabrication have grown, reaching $51.73 billion in 2023 and projected to grow to $55.11 billion in 2024, with a 6.5% CAGR. Forecasts suggest further growth to $70.98 billion in 2028, with a 6.5% CAGR. Trends include specialty gases and collaboration for innovative solutions.

Global Industrial Gases Metals And Metal Fabrication Market Key Driver

The industrial gases-metals and metal fabrication markets are witnessing growth due to the increase in automotive production. Industrial gases play a crucial role in automotive production processes, influencing metal heating, welding, and cutting. In 2022, India's total production of passenger vehicles reached 1,860,809 units, driving the metal fabrication market. The growth in automotive production is a significant driver for the industrial gases-metals and metal fabrication markets.

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Global 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
4)By End-User: Metal Industry, Automotive, Rail And Shipping, Aerospace And Defense, Heavy Machinery, Other End-Users
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. Asia-Pacific was the largest region in the industrial gases-metals and metal fabrication market in 2023. 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

Major Industrial Gases Metals And Metal Fabrication Industry Players

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; Vadilal Industries Ltd.; 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.; WESCO Distribution Inc.; Calgaz; Cryoplant LLC; CryoSource; Cryo-Flo Industries Ltd.

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Industrial Gases Metals And Metal Fabrication Market Overview

Industrial gases are gaseous materials that are produced for use in different industries, especially in manufacturing for metal fabrication processes such as welding, coating, heating, and cutting of metals. The industrial gases-metals and metal fabrication are used in the process of metal fabrication by manufacturing industries.

Industrial Gases Metals And Metal Fabrication Global Market Report 2023 provides data on the global industrial gases metals and metal fabrication market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The industrial gases metals and metal fabrication market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.