Asia Pacific Shielding Gas For Welding Market Size & Outlook

The shielding gas for welding market in Asia Pacific is expected to reach a projected revenue of US$ 1,806.3 million by 2030. A compound annual growth rate of 5.7% is expected of Asia Pacific shielding gas for welding market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,227.3
Forecast, 2030 (US$M)
$1,806.3
CAGR, 2024 - 2030
5.7%
Report Coverage
Asia Pacific

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

Asia
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Asia Pacific shielding gas for welding market highlights

  • The Asia Pacific shielding gas for welding market generated a revenue of USD 1,227.3 million in 2023.
  • The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
  • In terms of segment, argon was the largest revenue generating product in 2023.
  • Argon is the most lucrative product segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 1,227.3 million
Market revenue in 2030USD 1,806.3 million
Growth rate5.7% (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
Key market players worldwideAir Products & Chemicals Inc, Linde PLC, Praxair, Nippon Sanso Holdings Corp, Air Liquide SA, Gulf Cryo, Iwatani Corp, Messer Group, Matheson TriGas


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 40.5% of the global shielding gas for welding market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,806.3 million by 2030.

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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

Asia Pacific 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 Asia Pacific shielding gas for welding market based on argon covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of shielding gas for welding market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific shielding gas for welding market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific shielding gas for welding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific shielding gas for welding market

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