Global Industrial Gases Metals And Metal Fabrication Market...| MENAFN.COM

Thursday, 07 July 2022 01:35 GMT

Global Industrial Gases Metals And Metal Fabrication Market Size To Record 6.07% CAGR Through 2028


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Pune, India, June 22, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, that worldwide industrial gases – metals and metal fabrication market accounted for USD 49.92 billion in 2021 and is anticipated to expand at a robust CAGR of 6.07% through 2028.


With respect to overall size and scope, the market is fragmented in terms of type, function, mode of transportation, end-user, and regional extent. These segments are assessed in great detail on the basis of their revenue margins and growth rate to identify the top growth prospects going forward.

Proceeding further, the document analyzes the competitive landscape through detailed business profiles of companies and include important parameters such as product portfolio, production capacity, and geographical extent among others.

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Expanding metal and manufacturing sectors, combined with increasing demand for aluminum are the major factors propelling market growth. Rapid industrialization, in consort with extensive product usage in automotive and heavy machinery verticals are impelling the industry share.

In addition, the cost effective and environment friendly nature of industrial gases make them vital for a variety of processes like welding across several industrial verticals, thereby subsequently unearthing newer avenues for improving revenue flow in the ensuing years.

However, a stringent regulatory framework may impede the growth trajectory of the market in the forthcoming years.

Regional expanse overview: -

North America, Europe, Asia Pacific, and Latin America are the key geographies that contribute significantly to the overall market remuneration. Among these, Asia Pacific industrial gases – metals and metal fabrication industry is slated to account for a major chunk of the overall revenue during the analysis period, owing to rapid industrialization, increasing production capacity in the automotive and machinery sector, along with economic development in emerging economies such as India, China, and South Korea.

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Competitive framework summary: -

Nippon Sanso Holdings Corporation, NexAir LLC, Linde plc, Air Liquide S.A., The Messer Group GmbH, Airgas Inc., Southern Industrial Gas Sdn. Bhd., Iwatani Corporation, Air Products and Chemicals Inc., and Praxair Inc. are among the major contenders impacting global industrial gases – metals and metal fabrication industry trends.

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Global Industrial Gases – Metals and Metal Fabrication Market by Type (Value, USD Billion, 2019-2028)

  • Oxygen
  • Hydrogen
  • Nitrogen
  • Acetylene
  • Carbon Dioxide
  • Others

Global Industrial Gases – Metal and Metal Fabrication Market by Function (Value, USD Billion, 2019-2028)

  • Cutting
  • Welding
  • Non-Ferrous Production
  • Metal Fabrication Coating
  • Iron/Steel Production
  • Primary Metals Production
  • Heat Treating
  • Others

Global Industrial Gases – Metal and Metal Fabrication Market by Transportation Mode (Value, USD Billion, 2019-2028)

  • Merchant Liquid Distribution
  • Cylinder & Packaged Gas Distribution
  • Tonnage Distribution

Global Industrial Gases – Metal and Metal Fabrication Market by End Use (Value, USD Billion, 2019-2028)

  • Rail & Shipping
  • Heavy Machinery
  • Automotive
  • Metal Industry
  • Aerospace & Defense
  • Others

Global Industrial Gases – Metal and Metal Fabrication Market by Region (Value, USD Billion, 2019-2028)

North America

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • RoE

Asia Pacific

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • RoAPAC

Latin America

  • Mexico
  • Brazil

Rest of the World

Global Industrial Gases – Metal and Metal Fabrication Market Company Profiles (Value, USD Billion, 2019-2028)

  • Nippon Sanso Holdings Corporation
  • NexAir LLC
  • Linde plc
  • Air Liquide S.A.
  • The Messer Group GmbH
  • Airgas Inc.
  • Southern Industrial Gas Sdn. Bhd.
  • Iwatani Corporation
  • Air Products and Chemicals Inc.
  • Praxair Inc.

Table of Content:

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Industrial Gases- Metals & Metal Fabrication Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Industrial Gases- Metals & Metal Fabrication Market Dynamics

3.1. Industrial Gases- Metals & Metal Fabrication Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growth in the metal and manufacturing industry

3.1.1.2. Increasing demand for aluminium

3.1.2. Market Challenges

3.1.2.1. Stringent rules and regulations

3.1.3. Market Opportunities

3.1.3.1. Rising application in various end-use industries

Chapter 4. Global Industrial Gases- Metals & Metal Fabrication Market Industry Analysis

4.1. Porter's 5 Force Model

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Industrial Gases- Metals & Metal Fabrication Market, by Type

6.1. Market Snapshot

6.2. Global Industrial Gases- Metals & Metal Fabrication Market by Type, Performance - Potential Analysis

6.3. Global Industrial Gases- Metals & Metal Fabrication Market Estimates & Forecasts by Type 2019-2028 (USD Billion)

6.4. Industrial Gases- Metals & Metal Fabrication Market, Sub Segment Analysis

6.4.1. Oxygen

6.4.2. Nitrogen

6.4.3. Hydrogen

6.4.4. Carbon dioxide

6.4.5. Acetylene

6.4.6. Others

Chapter 7. Global Industrial Gases- Metals & Metal Fabrication Market, by Function

7.1. Market Snapshot

7.2. Global Industrial Gases- Metals & Metal Fabrication Market by Function, Performance - Potential Analysis

7.3. Global Industrial Gases- Metals & Metal Fabrication Market Estimates & Forecasts by Function 2019-2028 (USD Billion)

7.4. Industrial Gases- Metals & Metal Fabrication Market, Sub Segment Analysis

7.4.1. Primary metal production

7.4.1.1. Iron/steel production

7.4.1.2. Non-ferrous production

7.4.2. Metal fabrication

7.4.2.1. Welding

7.4.2.2. Cutting

7.4.2.3. Coating

7.4.2.4. Heat treating

7.4.2.5. Others

Chapter 8. Global Industrial Gases- Metals & Metal Fabrication Market, by Transportation Mode

8.1. Market Snapshot

8.2. Global Industrial Gases- Metals & Metal Fabrication Market by Transportation Mode, Performance - Potential Analysis

8.3. Global Industrial Gases- Metals & Metal Fabrication Market Estimates & Forecasts by Transportation Mode 2019-2028 (USD Billion)

8.4. Industrial Gases- Metals & Metal Fabrication Market, Sub Segment Analysis

8.4.1. Cylinder & packaged gas distribution

8.4.2. Merchant liquid distribution

8.4.3. Tonnage distribution

Chapter 9. Global Industrial Gases- Metals & Metal Fabrication Market, by End Use

9.1. Market Snapshot

9.2. Global Industrial Gases- Metals & Metal Fabrication Market by End Use, Performance - Potential Analysis

9.3. Global Industrial Gases- Metals & Metal Fabrication Market Estimates & Forecasts by End Use 2019-2028 (USD Billion)

9.4. Industrial Gases- Metals & Metal Fabrication Market, Sub Segment Analysis

9.4.1. Metal industry

9.4.2. Automotive

9.4.3. Rail & shipping

9.4.4. Aerospace & defense

9.4.5. Heavy machinery

9.4.6. Others

Chapter 10. Global Industrial Gases- Metals & Metal Fabrication Market, Regional Analysis

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The metal structural insulation panels market is poised to grow expeditiously between 2022 and 2028 owing to the burgeoning demand for high-performance and energy-efficient structural panels. Additionally, increasing focus on sustainability and surging demand for green infrastructure are likely to further support market growth through the forecast period. Recently, industry players have been extending their offerings to include sustainable solutions, thereby improving the product scenario. For instance, in March 2022, Kingspan Group, a leading provider of advanced insulation solutions, supplied its reclaimed KS1000 RW Trapezoidal Roof Panels to a restaurant business called Wild & Native. The company installed the steel-faced PIR core insulated panels on the restaurant's roof to provide thermal and structural rigidity.
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