Global Welding Gas Market Outlook for 2022-27
Markntel Advisors has conducted a comprehensive study on the Global Welding Gas Market is projected to grow at a CAGR of around 5.2% during the forecast period, i.e., 2022-27. Most of the market expansion would be propelled by the rapidly expanding building & construction, metal manufacturing, automotive, & aerospace industries globally, in which welding is amongst the most prominent applications, thereby augmenting the demand for welding gases. Besides, the increasing number of residential & commercial development projects, especially in emerging countries, coupled with rising urbanization & industrialization, are other key aspects driving the welding gas market.
In addition, the Global Welding Gas Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.
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Key Driver: Rapidly Expanding Construction Sector with Numerous Infrastructural Developments
To cater to the rising industrialization & urbanization, governments of several countries are excessively spending on infrastructural development & expansion projects, i.e., spurring construction activities associated with both residential & commercial buildings worldwide. As a result, the flourishing building & construction industry is creating a massive demand for welding processes, which indicates remunerative prospects for the Global Welding Gas Market during 2022-27.
Global Welding Gas Industry Breakdown: Key Revenue Generating Segments
To facilitate focused analysis, the Welding Gas Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter’s five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:
-By Product Type
-Others (Helium, Acetylene, etc.)
-Gas Metal Arc Welding (GMAW/MIG)
-Gas Tungsten Arc Welding (GTAW/TIG)
-Shielded Metal Arc Welding (SMAW)
-Flux Cored Arc Welding (FCAW)
-Metal Manufacturing & Fabrication
-Building & Construction
-Aerospace & Defense
-Others (Oil & Gas, Transportation, etc.)
-The Middle East & Africa
Each sections offer valuable insights into the Welding Gas Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.
Competitive Analysis of the Global Welding Gas Industry
-Air Liquide SA
-Air Products and Chemicals, Inc.
-American Welding and Gas
-Nippon Sanso Holdings Corporation
-Southern Industrial Gas Sdn. Bhd.
-The Messer Group GmbH
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Global Welding Gas Market Research Report Answers the Following Key Questions
- How big is the Global Welding Gas Market?
- What is the projected growth rate or CAGR of the Global Welding Gas Market during 2022-27?
- What are the key trends or growth opportunities for the key players in the Global Welding Gas Market?
- Which ‘segment’ seems promising for companies operating in the Global Welding Gas Market?
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