Welding and Shielding Gas Market Growth to 2020 Driven by Construction and Metal Manufacturing Industries

Jan 29, 2016, 01:00 ET from RnR Market Research

PUNE, India, January 29, 2016 /PRNewswire/ --

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 welding gas/shielding gas market is driven by the growing construction industry. Growing construction and metal manufacturing & fabrication industries to drive the market for welding gas/shielding gas industry.

Complete report on global welding gas/shielding gas market spread across 242 pages, profiling 10 companies and supported with 191 tables and 61 figures is now available at http://www.rnrmarketresearch.com/welding-gas-shielding-gas-market-by-end-use-industry-metal-manufacturing-fabrication-construction-storage-distribution-transportation-cylinder-packaged-gas-merchant-liquid-type-oxygen-application-shielded-metal-arc-welding-re-market-report.html .

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.

Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the welding gas/shielding gas market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources include professionals such as industrial gas manufacturers, distributors, and academic professionals.

The various suppliers of welding gas/shielding gas profiled in this report such as Air Products & Chemicals, Inc. (U.S.), The Linde Group (Germany), Praxair, Inc. (U.S.), Taiyo Nippon Sanso Corporation (Japan), Air Liquide SA (France), Gulf Cryo (Bahrain), Iwatani Corporation (Japan), Iceblick Ltd. (Ukraine), SIG Gases Berhad (Malaysia) and Messer Group GmbH (Germany). Order a copy of Welding Gas/Shielding Gas Market by End-Use Industry (Metal Manufacturing & fabrication, Construction), Storage, Distribution & Transportation (Cylinder & packaged gas, Merchant liquid), Type (Oxygen), Application (Shielded metal arc welding) & Region - Global Forecast to 2020 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=461563 .

The global welding gas/shielding gas research report segments the welding gas/shielding gas market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions. The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to better understand their competitors and gain more insights into their position in the business.

On a related note, another research report titled Industrial Gases for Plastic & Rubber Industry Market Global Forecast to 2020 says, the industrial gases for the plastic &rubber industry size is projected to grow from USD 4.89 billion in 2015 to USD 6.31 billion by 2020, at a CAGR of 5.24% from 2015 to 2020. The industrial gases for the plastic &rubber industry is driven by factors such as rising demand in the beverage, chemicals, automobile, packaging, healthcare, and construction sectors among others. Companies like The Linde Group, Air Liquide S.A., Praxair Inc., Air Products and Chemicals Inc., Airgas Inc., Messer, Universal Industrial Gases, Novomer Inc., Yingde Gases Group Company, Taiyo Nippon Sanso Corporation have been profiled in this 197 research report available at http://www.rnrmarketresearch.com/industrial-gases-for-plastic-rubber-industry-market-by-gas-type-nitrogen-carbon-monoxide-carbon-dioxide-others-process-injection-molding-extrusion-foaming-blow-molding-storage-distribution-and-transportation-end-use-global-fo-market-report.html .

Explore more reports on materials & chemicals market at http://www.rnrmarketresearch.com/reports/materials-chemicals

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