Latin America Shielding Gas For Welding Market Size & Outlook
Latin America shielding gas for welding market, 2018-2030 (US$M)
Latin America shielding gas for welding market highlights
- The Latin America shielding gas for welding market generated a revenue of USD 268.1 million in 2023.
- The market is expected to grow at a CAGR of 5.1% 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.
Latin America data book summary
| Market revenue in 2023 | USD 268.1 million |
| Market revenue in 2030 | USD 379.9 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Argon |
| Fastest growing segment | Argon |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Argon |
| Key market players worldwide | Air 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, Latin America region accounted for 8.9% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 Latin America shielding gas for welding market based on argon covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America shielding gas for welding market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America shielding gas for welding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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