Industrial Gases- Metals And Metal Fabrication Market Report 2026

Industrial Gases- Metals And Metal Fabrication Market Overview

• Industrial Gases- Metals And Metal Fabrication market size has reached to $56.82 billion in 2025 • Expected to grow to $78.02 billion in 2030 at a compound annual growth rate (CAGR) of 6.5% • Growth Driver: Rising Automotive Production Fuels Growth In Industrial Gases-Metals And Metal Fabrication Markets • Market Trend: Partnerships And Collaborations Drive Growth In Industrial Gases-Metals And Metal Fabrication Markets • Asia-Pacific was the largest region in 2025.

What Is Covered Under Industrial Gases- Metals And Metal Fabrication Market?

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. The main types of industrial gases for metals and metal fabrication markets are oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, and others. Oxygen is used to improve efficiency and remove impurities in the iron manufacturing process. Oxygen is a gaseous material consisting of 20% of the earth’s atmosphere, highly chemically active gases with high oxidation effects, and combining properties with metals. The different functions include primary metal production and metal fabrication, and involve various transportation modes such as cylinder and packaged gas distribution, merchant liquid distribution, and tonnage distribution. The several end-uses include the metal industry, automotive, rail and shipping, aerospace and defense, heavy machinery, and others.

What Is The Industrial Gases- Metals And Metal Fabrication Market Growth Forecast?

The industrial gases- metals and metal fabrication market size is expected to see strong growth in the next few years. It will grow to $78.02 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing use of nitrogen and carbon dioxide in metal processing, growth in industrial hydrogen applications, rising adoption of tonnage distribution, expansion of specialty gases in electronics manufacturing, increased demand for sustainable and green gas solutions. Major trends in the forecast period include rising demand for industrial oxygen and nitrogen, increasing adoption in metal fabrication processes, growth of packaged and tonnage gas distribution, expansion in high-purity hydrogen applications, use of specialty gases in advanced manufacturing.

Global Industrial Gases- Metals And Metal Fabrication Market Segmentation

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 Subsegments: 1) By Oxygen: Industrial Oxygen, High-Purity Oxygen, Gaseous Oxygen 2) By Nitrogen: Liquid Nitrogen, Gaseous Nitrogen 3) By Hydrogen: Industrial Hydrogen, High-Purity Hydrogen 4) By Carbon Dioxide: Liquid Carbon Dioxide, Gaseous Carbon Dioxide 5) By Acetylene: Pure Acetylene, Acetylene in Gas Mixtures 6) By Other Types: Argon, Helium, Neon

What Is The Driver Of The Industrial Gases- Metals And Metal Fabrication Market?

The increase in automotive production is expected to propel the growth of the industrial gases-metals and metal fabrication markets going forward. The automotive industry refers to firms or organizations that are involved in designing, production, wholesaling, retailing, and maintenance of motor vehicles. Industrial gases play a vital role in automotive production by providing various applications in the manufacturing and processing of metals such as metal heating, welding, shielding, cutting, coating, and others. For instance, in March 2025, according to European Automobile Manufacturers’ Association (ACEA), Europe-based Automobile Association, in 2024, global car sales reached 74.6 million units, marking a 2.5% increase compared to 2023. Therefore, the increase in automotive production is driving the growth of the industrial gases-metals and metal fabrication markets.

Key Players In The Global Industrial Gases- Metals And Metal Fabrication Market

Major companies operating in the industrial gases- metals and metal fabrication market report are 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, 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., Calgaz, Cryoplant LLC, CryoSource, Cryo-Flo Industries Ltd.

Global Industrial Gases- Metals And Metal Fabrication Market Trends and Insights

Major companies operating in the industrial gases–metals and metal fabrication markets are focusing on strategic partnerships and collaborations, such as developing advanced industrial plants to enhance production capacity and operational efficiency. New industrial facilities allow companies to produce gases closer to customers, reduce logistics distances, and support sustainability goals. For instance, in September 2023, according to the Westfalen, a Germany-based technology company, launched a new industrial gases filling plant in Arzal, located on the Atlantic coast of Brittany, France. This facility expands Westfalen's presence in France, which is its largest foreign market, and increases the company's capacity by over 130,000 cylinders per year. The new plant aims to enhance operational efficiency by producing gases closer to customers, thereby reducing logistics distances and contributing to a lower carbon footprint. This investment underscores Westfalen's commitment to meeting growing demand for industrial gases while promoting sustainability in its operations.

What Are Latest Mergers And Acquisitions In The Industrial Gases- Metals And Metal Fabrication Market?

In July 2024, TransTech Group International Inc, a US-based provider of engineered industrial solutions, acquired Metalforms Limited for an undisclosed amount. Through this acquisition, TransTech aims to enhance its metal fabrication and manufacturing capabilities by integrating Metalforms’ expertise in custom-engineered heat exchangers, pressure vessels, air coolers, and related metal fabrication equipment. Metalforms Limited is a US-based company that provides engineered metal fabrication solutions for industrial, chemical, petrochemical, and energy markets.

Regional Outlook

Asia-Pacific was the largest region in the industrial gases-metals and metal fabrication market in 2025. The regions covered in the industrial gases- metals and metal fabrication market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial gases- metals and metal fabrication market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Industrial Gases- Metals And Metal Fabrication Market?

The industrial gases-metals and metal fabrication market includes revenues earned by entities from non-ferrous production, iron or steel production, welding, cutting, coating, and heat treating. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Industrial Gases- Metals And Metal Fabrication Market Report 2026?

The industrial gases- metals and metal fabrication market research report is one of a series of new reports from The Business Research Company that provides market statistics, including Market Report 2026?global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the industrial gases- metals and metal fabrication Market Report 2026? The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the Market Report 2026?