North America Shielding Gases Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030.
The demand for shielding gases in North America is witnessing a surge, driven by the growing needs of industries such as welding, electronics, and food packaging. These gases play a pivotal role in protecting metals and other materials from harmful chemical reactions, making them an indispensable part of many manufacturing processes. Shielding gases, including argon, helium, carbon dioxide, and nitrogen, are used to create an inert atmosphere during processes like arc welding and laser cutting. The North American market is particularly expanding as more industries realize the benefits of using these gases to enhance the quality of their products while improving safety standards.
In welding, shielding gases are essential for creating an oxygen-free environment, ensuring that the metal remains uncontaminated during welding procedures. In the electronics industry, they are employed to prevent oxidation during soldering processes. The food and beverage industry is also increasingly relying on nitrogen and carbon dioxide for modified atmosphere packaging (MAP), which extends the shelf life of products by reducing spoilage.
As demand continues to rise, industries are also focused on meeting stringent environmental regulations. Green technologies are being adopted to produce shielding gases that are more sustainable, driving growth in the market. For instance, nitrogen, which is abundant and inert, is being increasingly used due to its lower environmental footprint compared to other gases.
Moreover, North America's infrastructure and technological advancements play a crucial role in meeting the diverse needs of industries. The development of new gas mixtures and innovative delivery systems are ensuring that industries can continue to access the right shielding gases with greater efficiency and at a lower cost.
Ultimately, the North America Shielding Gases Market is poised for further growth, with applications spanning across multiple industries and evolving to meet the growing demand for more specialized and environmentally friendly solutions.
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Linde Industrial Gases
Incln Electric
Taiyo Nippon Sanso
Praxair
Matheson
Air Products & Chemicals
Messer Group
Universal Industrial Gases
Novomer
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America Shielding Gases Market
Arc Welding
Back Shielding
Plasma Arc Cutting
MIG and TIG welding
Other
Based on Types the Market is categorized into Below types that held the largest Shielding Gases market share In 2023.
Carbon Dioxide
Argon
Oxygen
Hydrogen
Nitrogen
Other
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America Shielding Gases Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America Shielding Gases Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Shielding Gases Market, By Type
6. North America Shielding Gases Market, By Application
7. North America Shielding Gases Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Shielding Gases Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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