The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Welding Gas Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Welding Gas Industry (2024-2030):
According to the latest report, The Welding Gas Market is projected to grow at a CAGR of around 5.2% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Welding Gas industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
· Historical Data: 2019-22
· Base Year: 2023
· Forecast Period: 2024-30
· CAGR (2024-2030): 5.2%
What are the major Driver the Welding Gas industry?
Rapidly Expanding Construction Sector with Numerous Infrastructural Developments - To cater to the rising industrialization & urbanization, governments of several countries are excessively spending on infrastructural development & expansion projects, i.e., spurring construction activities associated with both residential & commercial buildings worldwide. As a result, the flourishing building & construction industry is creating a massive demand for welding processes, which indicates remunerative prospects for the Global Welding Gas Market during 2024-30.
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Welding Gas Market Segmentation
The Welding Gas Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Product Type
- Carbon Dioxide
- Argon
- Hydrogen
- Oxygen
- Others (Helium, Acetylene, etc.)
- By Application
- Gas Metal Arc Welding (GMAW/MIG)
- Gas Tungsten Arc Welding (GTAW/TIG)
- Shielded Metal Arc Welding (SMAW)
- Flux Cored Arc Welding (FCAW)
- By End-User
- Metal Manufacturing & Fabrication
- Building & Construction
- Energy
- Automotive
- Aerospace & Defense
- Others (Oil & Gas, Transportation, etc.)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
As per the regional aspect, the Welding Gas Market is expected to be dominated by North America by capturing the potential market share.
Explore further details about this research report - https://www.marknteladvisors.com/research-library/welding-gas-market.html
Top Companies in the Welding Gas Market
Air Liquide SA, Air Products and Chemicals, Inc., American Welding and Gas, Arc3 Gases, Gulf Cryo, Iceblick Ltd., Linde PLC, Nippon Sanso Holdings Corporation, Southern Industrial Gas Sdn. Bhd., and The Messer Group GmbH, among others.
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