North America Shielding Gas for Welding Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$832.0

Forecast, 2030 (US$M)

$1,217.1

CAGR, 2024 - 2030

5.6%

Report Coverage

North America

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

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Related Markets

Global Shielding Gas for Welding Industry Outlook

Europe Shielding Gas For Welding Market Outlook

Asia Pacific Shielding Gas For Welding Market Outlook

Latin America Shielding Gas For Welding Market Outlook

MEA Shielding Gas For Welding Market Outlook

North America shielding gas for welding market highlights

The North America shielding gas for welding market generated a revenue of USD 832.0 million in 2023.
The market is expected to grow at a CAGR of 5.6% 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.

North America data book summary

Market revenue in 2023	USD 832.0 million
Market revenue in 2030	USD 1,217.1 million
Growth rate	5.6% (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, North America region accounted for 27.5% 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

Product

Argon

Carbon Dioxide

Oxygen

Hydrogen

Others (Helium, Acetylene)

Distribution

Cylinder & Packaged Gas

Merchant Liquid/Bulk

End Use

Metal Manufacturing & Fabrication

Construction

Energy

Aerospace

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Argentina

Brazil

Denmark

France

Germany

Italy

Norway

Spain

Sweden

Kuwait

Saudi Arabia

South Africa

UAE

Australia

China

India

Japan

South Korea

Thailand

Shielding Gas for Welding Market Companies

Name	Profile	# Employees	HQ	Website

North 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 North 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 North America shielding gas for welding market , including forecasts for subscribers. This continent databook contains high-level insights into North America shielding gas for welding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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