Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.

How Has the Industrial Gases- Metals And Metal Fabrication Market Size Changed, over the years?

The size of the industrial gases- metals and metal fabrication market has considerably increased in recent years. Its projected that, from $54.34 billion in 2024, it will reach a size of $57.61 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 6.0%. Factors that contributed to this growth during the historic period include the rising demand for industrial gases in metal welding and cutting operations, the introduction of industrial gases in heat treatment and surface alteration processes, advancements in metal recycling technologies, growing utilization of industrial gases in the production of non-ferrous metals, and the increasing demand for metal fabrication in the automotive industry.

How Much Will the Industrial Gases- Metals And Metal Fabrication Market Be Worth in 2029?

The market size for industrial gases – metals and metal fabrication is anticipated to experience substantial growth in the forthcoming years. It is projected to escalate to $76.27 billion in 2029, with a CAGR of 7.3% over that time period. The growth during the forecast period can be credited to factors such as increasing demand for specialty gases in additive manufacturing processes, expansion of automotive industry with its applications in metal fabrication, rising adoption of industrial gases in emerging markets, growth of the electronics sector, and the utilization of industrial gases in metal 3D printing technologies. Noteworthy trends for the forecast period encompass the incorporation of sophisticated monitoring and control systems, the creation of tailor-made gas mixtures, focus on sustainable and eco-friendly gas production strategies, partnerships between gas providers and metal fabrication businesses, and innovative strategies for packaging and delivery.

Download The Free Sample Report Here:

https://www.thebusinessresearchcompany.com/sample.aspx?id=7726&type=smp

Which is the Largest Company in the Industrial Gases- Metals And Metal Fabrication Market?

Major companies operating in the industrial gases- metals and metal fabrication market include Praxair Inc., Cryotec Anlagenbau GmbH, Air Products and Chemicals Inc., Iwatani Corporation, The Messer Group GmbH, Linde plc, Southern Industrial Gas Sdn Bhd, Nippon Sanso Holdings Corporation, Singhal Gas Products, Yingde Gases Group Company Limited, Matheson Tri-Gas Inc., Gulf Cryo, Welsco Inc., Ellenbarrie Industrial Gases Ltd., Sicgil India Limited, Axcel Gases, AGP Gas, EuroWeld Group, National Welding Supply Co., Nexair LLC, Messer Canada Inc., Oxygen Service Company, HyCO, Universal Industrial Gases Inc., AGL Industrial Supply Inc., Praxair Canada Inc., Calgaz, Cryoplant LLC, CryoSource, Cryo-Flo Industries Ltd.

What Are the Main Market Drivers in the Industrial Gases- Metals And Metal Fabrication Industry?

The surge in car manufacturing is predicted to spur the expansion of the industrial gases-metals and metal fabrication sectors in the future. The car industry encompasses companies and institutions that participate in the development, manufacturing, wholesale, retail, and servicing of automobiles. Industrial gases contribute significantly to vehicle production through their various applications in the production and processing of metals, such as heating, welding, shielding, cutting, coating, etc. For example, in February 2022, the Indian Brand Equity Foundation (IBEF), a government export promotion agency based in India, reported that the total production of passenger vehicles, including 3-wheelers and two-wheelers, hit 1,860,809 units in 2022 alone. Hence, the uptick in car manufacturing pushes the growth of the industrial gases-metals and metal fabrication markets.

Request For A Customized Report:

https://www.thebusinessresearchcompany.com/customise?id=7726&type=smp

How Is the Industrial Gases- Metals And Metal Fabrication Market Segments Structured?

The industrial gases- metals and metal fabrication market covered in this report is segmented –

1) By Type: Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Other Types

2) By Function: Primary Metal Production, Metal Fabrication

3) By Transportation Mode: Cylinder And Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution

Subsegments:

1) By Oxygen: Medical Oxygen, Industrial Oxygen

2) By Nitrogen: Liquid Nitrogen, Gaseous Nitrogen

3) By Hydrogen: Industrial Hydrogen, High-Purity Hydrogen

4) By Carbon Dioxide: Liquid Carbon Dioxide, Gaseous Carbon Dioxide

5) By Acetylene: Pure Acetylene, Acetylene in Gas Mixtures

6) By Other Types: Argon, Helium, Neon, Other Specialty Gases

What Are the Key Market Trends in the Industrial Gases- Metals And Metal Fabrication Industry?

The principal trends picking up steam in the industrial gases-metals and metal fabrication sectors are collaborations and partnerships. Leading organizations in the market are placing emphasis on strategic collaborations, such as the creation of new innovative industrial plants. For example, as per Westfalen, a German technology firm, a novel industrial gases filling plant was inaugurated in Arzal, situated along the Atlantic coast of Brittany, France, in September 2023. This establishment has enhanced Westfalen’s influence in France, its largest overseas market, and has boosted the company’s capacity by more than 130,000 cylinders every year. The major goal of the new plant is to upgrade operational efficacy by manufacturing gases in close proximity to the customers, which will in turn reduce the distances for logistics and lower the carbon footprint. This venture underlines Westfalen’s dedication to satisfying the burgeoning demand for industrial gases, whilst also emphasizing sustainability in all its procedures.

Access The Full Report Here:

https://www.thebusinessresearchcompany.com/report/industrial-gases-metals-and-metal-fabrication-global-market-report

Which Global Regions Offer the Highest Growth in the Industrial Gases- Metals And Metal Fabrication Market?

Asia-Pacific was the largest region in the industrial gases-metals and metal fabrication market in 2024. The regions covered in the industrial gases- metals and metal fabrication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase The Full Report Today:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7726

This Report Delivers Insight On:

1. How big is the industrial gases- metals and metal fabrication market, and how is it changing globally?

2. Who are the major companies in the industrial gases- metals and metal fabrication market, and how are they performing?

3. What are the key opportunities and risks in the industrial gases- metals and metal fabrication market right now?

4. Which products or customer segments are growing the most in the industrial gases- metals and metal fabrication market?

5. What factors are helping or slowing down the growth of the industrial gases- metals and metal fabrication market?

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795

Asia +44 7882 955267 & +91 8897263534

Europe +44 7882 955267

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model