DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4386q7/welding) has announced the addition of the "Welding Gas/Shielding Gas Market - Global Forecast to 2020" report to their offering.
The global welding gas/shielding gas market is projected to grow from USD 7.17 billion in 2015 to reach USD 9.46 billion by 2020, at a CAGR of 5.70%.
The market for welding gas/shielding gas is growing, due to increasing applications of welding gas/shielding gas in the construction sector, growing aerospace industry, and rising demand for metal manufacturing & fabrication. Growing demand from the automotive industry also provides an opportunity to the market to further grow, especially in the emerging Asia-Pacific and Latin American regions.
The demand for welding process such as tungsten metal arc welding, shielded arc welding, and metal gas arc welding is fueled by the need for construction to accommodate growth. Additionally, growing construction development, across residential as well as commercial sectors, is expected to be the key driving force, leading to the estimated leading position of Asia-Pacific in this market.
Increasing governmental investments on infrastructural developments in the developing nations and rising construction & mining activities are expected to boost the demand for welding gas/shielding gas.
Companies Mentioned:
- Air Liquide S.A.
- Air Products and Chemicals, Inc.
- Gulf Cryo
- Iceblick Ltd.
- Iwatani Corporation
- Messer Group
- Praxair Inc.
- Southern Industrial Gas
- Taiyo Nippon Sanso Corporation
- The Linde Group
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Welding Gas/Shielding Gas Market, By End-Use Industry
8 Welding Gas/Shielding Gas Market, By Storage, Distribution & Transportation
9 Welding Gas/Shielding Gas Market, By Type
10 Welding Gas/Shielding Gas Market, By Application
11 Welding Gas/Shielding Gas Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/4386q7/welding