Global Industrial Gases in Metals and Metal Fabrication Market, By Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Others), Function (Primary Metal Production, Metal Fabrication), Transportation Mode (Merchant Liquid Distribution, Tonnage Distribution, Cylinder and Packaged Gas), End-User (Metal Industry, Automotive, Aerospace and Defense, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2029
Market Analysis and Insights of Industrial Gases in Metals and Metal Fabrication Market
The industrial gases in metals and metal fabrication market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.6% in the above-mentioned forecast period.
Industrial gases are basically the types of gases that are in liquid as well as the gaseous phase (which is the most common form) and are delivered both at high pressure as well as at low pressure. The industrial gases generally have different types of elements, molecular compounds and different properties. The various types of gases are oxygen, nitrogen, hydrogen, argon and others.
The factors such as the increase in production of automotive and heavy machinery industries along with increasing demand in process industries are the root cause fueling up the market growth rate. The factors expected to cushion the growth of the market are rapid industrialization. Additionally, the growing demand in automotive, aerospace and defense industry, and heavy machineries are further expected to cushion the overall markets growth. The high cost of gases that are used for metal and metal fabrication are expected to impede the growth of the industrial gases in metals and metal fabrication market. Furthermore, environmental impact caused due to metals and metal fabrication industries forces governing authorities to apply stringent regulation is also expected to hamper the market’s growth within the forecasted period.
The expansion of gasification plants are estimated to generate numerous opportunities for the market. On the flip side, the strict regulatory policies for industrial gases in metals and metal fabrication are projected to pose as a major challenge to the growth of the industrial gases in metals and metal fabrication market.
This industrial gases in metals and metal fabrication market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on industrial gases in metals and metal fabrication market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Gases in Metals and Metal Fabrication Market Scope and Market Size
The industrial gases in metals and metal fabrication market is segmented on the basis of the type, function, transportation mode and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the industrial gases in metals and metal fabrication market is segmented into oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, others.
- On the basis of function, the industrial gases in metals and metal fabrication market is segmented into primary metal production, metal fabrication. The primary metal production is sub-segmented into iron/steel production and non-ferrous production. The metal fabrication is sub-segmented into welding, cutting, coating, heat treating and others.
- On the basis of transportation mode, the industrial gases in metals and metal fabrication market is segmented into merchant liquid distribution, tonnage distribution, cylinder and packaged gas.
- On the basis of end-user, the industrial gases in metals and metal fabrication market is segmented into metal industry, automotive, aerospace and defense, others.
Industrial Gases in Metals and Metal Fabrication Market Country Level Analysis
The industrial gases in metals and metal fabrication market is analyzed and market size, volume information is provided by type, function, transportation mode and end-user as referenced above.
The countries covered in the industrial gases in metals and metal fabrication market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the industrial gases in metals and metal fabrication market owing to the rapid globalization and increase in manufacturing in industries such as automotive and heavy machinery will boost the market growth in the region. North America on the other hand, will continue to however show lucrative growth within the forecast period owing to the increasing investments in the automotive and aerospace industries.
The country section of the industrial gases in metals and metal fabrication market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Industrial Gases in Metals and Metal Fabrication Market Share Analysis
The industrial gases in metals and metal fabrication market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industrial gases in metals and metal fabrication market.
Some of the major players operating in the industrial gases in metals and metal fabrication market report are Iwatani Corporation., Messer Group, Southern Industrial Gas Sdn Bhd, nexAir, Taiyo Nippon Sanso Corporation, CRYOTEC Anlagenbau GmbH., Matheson Tri-Gas, Inc., Gulf Cryo, Welsco Inc., Ellenbarrie industrial Gases, Sicgil india limited, Southern Gas Limited, Axcel Gases, Universal Industrial Gases, Inc., American Gas Products, Singhal Gas Products, A-Gas, CPV Manufacturing, HyGear HQ, Vadilal Chemicals Ltd., and Depke Gases & Welding Supply among others.
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