The welding gas/shielding gas market has seen considerable growth due to a variety of factors.
• The market size for welding gas/shielding gas has experienced significant expansion in the past few years. There will be an increase from $3.17 billion in 2024 to $3.43 billion in 2025, with a compound annual growth rate (CAGR) of 8.3%.
Factors such as industrial evolution, infrastructure growth, the globalization of manufacturing, and the automotive industry have all contributed to growth in the historical period.
The welding gas/shielding gas market is expected to maintain its strong growth trajectory in upcoming years.
• In the next couple of years, a robust growth is anticipated in the welding gas/shielding gas market, with its projected value reaching $4.85 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 9.0%.
This expansion in the projected timeline can be ascribed to factors like escalating construction activities, economic growth in emerging markets, strict regulatory guidelines, and an upsurge in renewable energy projects. Key trends anticipated during this forecast period encompass advancements in welding technology, shifts towards specialty gases, embrace of automation, a growing need for laser welding gases, digital integration in welding, and strategic alliances and acquisitions, as well as the provision of bespoke gas mixtures.
The advancement in the metal manufacturing and fabrication sectors is anticipated to spur the development of the welding gas or shielding gas market. These sectors encompass the production of metal sheets and castings through processes like smelting, casting, and mining. In the process of fabricating and manufacturing of metal products, welding and shielding gases are employed to connect two metal sheet parts owing to their attributes such as durability, strength, and resistance to corrosion. To exemplify, in 2023, a report from the European Steel Association AISBL (EUROFER), a Belgium-based entity, states that the European steel industry generates roughly €130 billion in revenue and an average of 152 million tonnes of steel annually. Over 500 steel production facilities are spread over 22 EU Member States. Thus, the expanding metal manufacturing and fabrication sectors are pushing the growth of the welding gas or shielding gas market.
The welding gas/shielding gas market covered in this report is segmented –
1) By Type: Argon, Carbon Dioxide, Oxygen, Hydrogen, Other Types
2) By Storage, Transportation and Distribution Mode: Cylinder and Packaged Gas Distribution, Merchant Liquid And Bulk Distribution
3) By Application: Gas Metal Arc Welding, Gas Tungsten Arc Welding, Other Application
4) By End User Industry: Metal Manufacturing And Fabrication, Construction, Energy, Aerospace, Other End-User Industry
Subsegments:
1) By Argon: Pure Argon, Argon-CO2 Mixtures
2) By Carbon Dioxide: Pure Carbon Dioxide, CO2 Mixtures For Welding
3) By Oxygen: Pure Oxygen, Oxygen-Acetylene Mixtures
4) By Hydrogen: Pure Hydrogen, Hydrogen-Oxygen Mixtures
5) By Other Types: Helium, Nitrogen, Specialty Gas Mixtures
The trend of technological advancements is increasing in popularity within the welding gas and shielding gas market. Major industry players are focusing their energies on the development of innovation to improve the speed and safety of welding operations. For example, Air Liquide S. A., a technology company based in France that provides a variety of industrial sectors with gases and services, introduced Qlixbi. This forward-thinking packaged gas is enhanced with digital technology, providing unique features such as constant supply and quick application of gas in welding tasks utilizing an array of innovative cylinders and digital alternatives. The digital features of Qlixbi offer valuable insights that boost operational productivity in welding and enhance efficiency.
Major companies operating in the welding gas/shielding gas market include:
• Air Products and Chemicals Inc.
• Gulf Cryo
• Linde PLC
• Iwatani Corporation
• Praxair Inc.
• Nippon Sanso Holdings Corporation
• Southern Industrial Gas Sdn Bhd
• The Messer Group GmbH
• American Welding Gas Inc.
• Ellenbarrie Industrial Gases Ltd.
• Lincoln Electric Holdings Inc.
• Elektriska Svetsnings-Aktiebolaget
• Fronius International GmbH
• Gas Innovations
• Sterling Gases Limited
• SIG Gases Berhad
• Iceblick Ltd.
• Messer Canada Inc.
• WestAir Gases & Equipment
• Norco Inc.
• Weldstar Company
• Arc3 Gases
• Holston Gases Inc.
• Roberts Oxygen Inc.
• NexAir LLC
• Indiana Oxygen Company Inc.
• Haun Welding Supply Inc.
• Welders Supply Company
• Welding Industrial Supply Company
• Sidney Lee Welding Supply Inc.
North America was the largest region in the welding gas/shielding gas market in 2024. The regions covered in the welding gas/shielding gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa