Global Welding Gas/Shielding Gas Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Storage;

Cylinder & Packaged Gas and Merchant Liquid/Bulk.

By Type;

Argon, Oxygen, Hydrogen, Carbon Dioxide, and Others.

By Application;

Gas Metal Arc Welding, Gas Tungsten Arc Welding, and Others.

By End Use Industry;

Metal Manufacturing & Fabrication, Construction, Energy, Aerospace, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120047690 Published Date: May, 2025 Updated Date: June, 2025

Welding Gas/Shielding Gas Market Overview

Welding Gas/Shielding Gas Market (USD Million)

Welding Gas/Shielding Gas Market was valued at USD 3,334.99 million in the year 2024. The size of this market is expected to increase to USD 4,948.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Global Welding Gas/Shielding Gas Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 3,334.99 Million
Market Size (2031)USD 4,948.73 Million
Market ConcentrationMedium
Report Pages342
3,334.99
2024
4,948.73
2031

Major Players

  • Air Liquide S.A.
  • Air Products and Chemicals, Inc
  • Iwatani Corporation
  • Praxair Inc.
  • The Linde Group
  • Southern Industrial Gas
  • Taiyo Nippon Sanso Corporation
  • Messer Group
  • Gulf Cryo
  • Iceblick Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Welding Gas/Shielding Gas Market

Fragmented - Highly competitive market without dominant players


The Welding Gas/Shielding Gas Market serves as an essential enabler of high-quality welds, ensuring durability and performance across industries. Accounting for 25% of the total welding consumables market, shielding gases are indispensable in modern fabrication. With inert gases capturing roughly 55% of the market, purity standards drive manufacturing priorities. The market’s focus on specialized gas solutions underscores its technological relevance and future potential. Continued innovation is expected to further elevate market importance.

Gas Types and Usage
Dominated by inert options (argon, helium) and semi-inert blends (CO₂ mixes), each gas formulation offers distinct welding advantages. CO₂-based blends account for around 30%, prized for cost efficiency in steel welding processes. Proper gas selection is crucial, as composition impacts weld integrity and surface finish. Manufacturers continually invest in advanced blend technologies to address varying welding needs.

Key Demand Drivers
The surge in industrial automation and robotic welding has led to heightened demand, with MIG/TIG processes using shielding gases in over 35% of applications. Automotive and shipbuilding sectors remain primary consumers, demanding consistent gas flow and performance reliability. High-strength steel adoption intensifies the requirement for optimized gas mixtures that minimize oxidation. Operator safety concerns further boost demand for low-toxicity gas options. Process optimization and efficiency goals continue to propel market consumption.

Technological Innovations
Modern gas delivery mechanisms featuring precision regulators cut wastage by up to 20%, enhancing operational efficiency. High-purity argon and helium blends cater to precision welding in aerospace and electronics, ensuring critical performance standards. The integration of real-time sensing and automated control systems maintains consistent gas ratios, reducing defects. Eco-friendly biodegradable packaging solutions reflect a shift to sustainable practices, addressing environmental concerns. Ongoing R&D targets bespoke gas formulations that meet emerging material and process specifications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Storage
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use Industry
    5. Market Snapshot, By Region
  4. Welding Gas/Shielding Gas Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Expansion
        2. Infrastructure Development
        3. Growing Automotive Sector
      2. Restraints
        1. Fluctuating Raw Material Prices
        2. Trade Barriers
        3. Safety Concerns
      3. Opportunities
        1. Sustainable Gas Solutions
        2. Automation in Welding Processes
        3. Specialty Gas Blends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Welding Gas/Shielding Gas Market, By Storage, Distribution & Transportation, 2021 - 2031 (USD Million)
      1. Cylinder & Packaged Gas
      2. Merchant Liquid/Bulk
    2. Welding Gas/Shielding Gas Market, By Type, 2021 - 2031 (USD Million)
      1. Argon
      2. Oxygen
      3. Hydrogen
      4. Carbon Dioxide
      5. Others
    3. Welding Gas/Shielding Gas Market, By Application, 2021 - 2031 (USD Million)
      1. Gas Metal Arc Welding
      2. Gas Tungsten Arc Welding
      3. Others
    4. Welding Gas/Shielding Gas Market, By End Use Industry, 2021 - 2031 (USD Million)

      1. Metal Manufacturing & Fabrication

      2. Construction

      3. Energy

      4. Aerospace

      5. Others

    5. Welding Gas/Shielding Gas Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Air Liquide S.A.
      2. Air Products and Chemicals, Inc
      3. Iwatani Corporation
      4. Praxair Inc.
      5. The Linde Group
      6. Southern Industrial Gas
      7. Taiyo Nippon Sanso Corporation
      8. Messer Group
      9. Gulf Cryo
      10. Iceblick Ltd.
  7. Analyst Views
  8. Future Outlook of the Market