Global Shielding Gas For Welding Market Size & Outlook

The shielding gas for welding industry worldwide is expected to reach a projected revenue of US$ 4,397.1 million by 2030. A compound annual growth rate of 5.5% is expected of the worldwide shielding gas for welding industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,028.8
Forecast, 2030 (US$M)
$4,397.1
CAGR, 2024 - 2030
5.5%
Report Coverage
Worldwide

Global shielding gas for welding market, 2018-2030 (US$M)

Global shielding gas for welding market highlights

  • The global shielding gas for welding market generated a revenue of USD 3,028.8 million in 2023 and is expected to reach USD 4,397.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.5% by 2030.
  • In terms of segment, argon accounted for a revenue of USD 3,028.8 million in 2023.
  • Argon is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 3,028.8 million
Market revenue in 2030USD 4,397.1 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentArgon
Fastest growing segmentArgon
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationArgon

Other key industry trends

  • In terms of revenue, the North America accounted for 27.5% of the global shielding gas for welding market in 2023.

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Shielding Gas for Welding Market Scope

Shielding gas for welding market segmentation & scope
Argon
Carbon Dioxide
Oxygen
Hydrogen
Others (Helium, Acetylene)
Distribution
Cylinder & Packaged Gas
Merchant Liquid/Bulk
End Use
Metal Manufacturing & Fabrication
Construction
Energy
Aerospace
Others
Countries
U.S.
Canada
Mexico
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand

Shielding Gas for Welding Market Companies

Name Profile # Employees HQ Website

Global shielding gas for welding market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shielding gas for welding market will help companies and investors design strategic landscapes.


Argon was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global shielding gas for welding market based on argon covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Shielding Gas for Welding Product Outlook (Revenue, USD Million, 2018-2030)
    • Argon
    • Carbon Dioxide
    • Oxygen
    • Hydrogen
    • Others (Helium, Acetylene)
  • Global Shielding Gas for Welding Distribution Outlook (Revenue, USD Million, 2018-2030)
    • Cylinder & Packaged Gas
    • Merchant Liquid/Bulk
  • Global Shielding Gas for Welding End Use Outlook (Revenue, USD Million, 2018-2030)
    • Metal Manufacturing & Fabrication
    • Construction
    • Energy
    • Aerospace
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global shielding gas for welding market , including forecasts for subscribers. This global databook contains high-level insights into Global shielding gas for welding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global shielding gas for welding market size, by regions, 2018-2030 (US$M)

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