Pune, India -- (SBWIRE) -- 11/14/2017 -- Welding Gas/Shielding Gas Market is expected to grow with the CAGR of approximately 5% from 2016 to 2023.

Market Scenario
Shielding gases are inert or semi-inert gases that are commonly used in several welding processes, majorly in gas metal arc welding and gas tungsten arc. The main purpose of using the welding gas/shielding gas is to protect the weld area from oxygen, and water vapour.

One of the key drivers for the growth of welding gas/shielding gas market is the increased demand for welding process such as tungsten metal arc welding, shielded arc welding, and metal gas arc welding which is fuelled by the need for construction industry. The growing constructional development in both residential and commercial sectors, is expected to drive the growth of the market, especially in developing economies. The rapid investments by governments on infrastructural developments and the rising construction & mining activities are expected to boost the demand for welding gas/shielding gas during the forecast period.

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Key Players:
The key players of welding gas/shielding gas market are Air Products & Chemicals, Inc. (U.S.), Gulf Cryo (Bahrain), The Linde Group (Germany), Iwatani Corporation (Japan), Praxair, Inc. (U.S.), Iceblick Ltd. (Ukraine), Taiyo Nippon Sanso Corporation (Japan), SIG Gases Berhad (Malaysia), Air Liquide SA (France) and Messer Group GmbH (Germany) among others.

Brief TOC:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis

Market Research Analysis:
Asia-Pacific region is expected to dominate the welding gas/shielding gas market with the highest CAGR. The region is expected to grow with the boom in the construction industry in the developing nations such as India and China. The increase in adoption among industry verticals of the region such as metal manufacturing and fabrication, and automotive industries is also driving the growth of the market.

Scope of the Report:
This study provides an overview of the global Welding Gas/Shielding Gas Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Welding gas/shielding gas market by its type, application and region.

By Type
- Argon
- Carbon dioxide
- Others

By Application
- Gas Metal Arc Welding
- Tungsten Gas Arc Welding
- Others

By Region
- North America
- Asia Pacific
- Europe
- Rest of the World

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List Of Tables
Table 1 Global Welding Gas/Shielding Gas Market, By Type
Table 3 Global Welding Gas/Shielding Gas Market, By Application
Table 4 Global Welding Gas/Shielding Gas Market, By Regions
Table 5 North America Welding Gas/Shielding Gas Market, By Country
Table 6 North America Welding Gas/Shielding Gas Market, By Type
Table 7 North America Welding Gas/Shielding Gas Market, By Application

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