The welding gas/shielding gas market size is expected to see strong growth in the next few years. It will grow to $5.08 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to growth in electric vehicle manufacturing, rising automation in manufacturing plants, expansion of aerospace production, demand for high quality welds, increasing infrastructure development projects. Major trends in the forecast period include rising demand for high purity shielding gases, growing adoption of mixed gas solutions, increasing use in automated and robotic welding, expansion of gas metal arc welding applications, higher consumption in lightweight metal fabrication.
Growth in metal manufacturing and metal fabrication industries is expected to drive the expansion of the welding gas or shielding gas market in the coming years. Metal manufacturing and metal fabrication involve industrial processes for producing metal sheets, components, and structures through activities such as smelting, casting, forming, and machining. These industries are growing due to increasing adoption of industrial automation, which is driving demand for large-scale, high-precision metal production. Welding and shielding gases support these industries by enabling strong, durable, and corrosion-resistant metal joints, which are essential for automated and high-volume fabrication processes. For example, in April 2024, the International Federation of Robotics reported that industrial robot installations in the United States increased by 12% to 44,303 units in 2023, with the automotive segment recording 14,678 installations, up from 14,472 units in 2022. Consequently, growth in metal manufacturing and metal fabrication industries is fueling the welding gas or shielding gas market.
Major companies operating in the welding gas market are focusing on developing advanced solutions, such as cloud-based gas analytics, to improve operational efficiency and strengthen cost control. Cloud-based gas analytics is a digital approach that utilizes connected sensors and software platforms to monitor gas pressure, flow, and consumption in real time, helping users identify leaks, minimize overuse, and enhance visibility across gas supply systems. For example, in August 2024, InduSuite, a US-based software platform from ESAB, launched FloCloud, featuring a cloud-connected gas monitoring system integrated with mesh WiFi-enabled pressure and flow sensors. FloCloud combines gas control hardware with a cloud analytics dashboard that tracks gas usage at each end-user point and sends alerts when pressure drops or flow deviates from welding procedure specifications. The solution enables monitoring of gas consumption by welding job, operator, and project, supporting accurate cost allocation and job estimation. It also assists users in identifying leaks and overconsumption while reducing the need for manual inspections. Additionally, FloCloud supports preventive maintenance planning by providing clear visibility into gas usage patterns across industrial welding environments.
In February 2025, Holston Gases Inc, a US-based provider of industrial, medical, and specialty gases along with welding supplies and gas equipment, acquired Advanced Welding for an undisclosed sum. Through this acquisition, Holston Gases aimed to expand its geographic presence in the southeastern United States, strengthen its distribution network, and broaden its welding and gas supply offerings to better serve local industrial and commercial customers. Advanced Welding Supply Company Inc., based in the United States, provides welding equipment, consumables, safety products, and gas supply solutions for industrial and fabrication applications.
Major companies operating in the welding gas/shielding gas market are Air Products and Chemicals Inc., Gulf Cryo, Linde PLC, Iwatani Corporation, Praxair Inc., Nippon Sanso Holdings Corporation, Southern Industrial Gas Sdn Bhd, The Messer Group GmbH, American Welding Gas Inc., Ellenbarrie Industrial Gases Ltd., Lincoln Electric Holdings Inc., Elektriska Svetsnings-Aktiebolaget, Fronius International GmbH, Gas Innovations, Sterling Gases Limited, SIG Gases Berhad, Iceblick Ltd., Messer Canada Inc., WestAir Gases & Equipment, Norco Inc., Weldstar Company, Arc3 Gases, Holston Gases Inc., Roberts Oxygen Inc., NexAir LLC, Indiana Oxygen Company Inc., Haun Welding Supply Inc., Welders Supply Company, Welding Industrial Supply Company, Sidney Lee Welding Supply Inc.
North America was the largest region in the welding gas/shielding gas market in 2025. The regions covered in the welding gas/shielding gas market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the welding gas/shielding gas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The welding gas or shielding gas market consists of sales of argon and helium. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Welding Gas/Shielding Gas Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses welding gas/shielding gas market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for welding gas/shielding gas? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The welding gas/shielding gas market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Report Scope
Markets Covered:
1) By Type: Argon; Carbon Dioxide; Oxygen; Hydrogen; Other Types2) By Storage, Transportation and Distribution Mode: Cylinder and Packaged Gas Distribution; Merchant Liquid and Bulk Distribution
3) By Application: Gas Metal Arc Welding; Gas Tungsten Arc Welding; Other Application
4) By End User Industry: Metal Manufacturing and Fabrication; Construction; Energy; Aerospace; Other End-User Industries
Subsegments:
1) By Argon: Pure Argon; Argon-CO2 Mixtures2) By Carbon Dioxide: Pure Carbon Dioxide; CO2 Mixtures for Welding
3) By Oxygen: Pure Oxygen; Oxygen-Acetylene Mixtures
4) By Hydrogen: Pure Hydrogen; Hydrogen-Oxygen Mixtures
5) By Other Types: Helium; Nitrogen; Specialty Gas Mixtures
Companies Mentioned: Air Products and Chemicals Inc.; Gulf Cryo; Linde PLC; Iwatani Corporation; Praxair Inc.; Nippon Sanso Holdings Corporation; Southern Industrial Gas Sdn Bhd; the Messer Group GmbH; American Welding Gas Inc.; Ellenbarrie Industrial Gases Ltd.; Lincoln Electric Holdings Inc.; Elektriska Svetsnings-Aktiebolaget; Fronius International GmbH; Gas Innovations; Sterling Gases Limited; SIG Gases Berhad; Iceblick Ltd.; Messer Canada Inc.; WestAir Gases & Equipment; Norco Inc.; Weldstar Company; Arc3 Gases; Holston Gases Inc.; Roberts Oxygen Inc.; NexAir LLC; Indiana Oxygen Company Inc.; Haun Welding Supply Inc.; Welders Supply Company; Welding Industrial Supply Company; Sidney Lee Welding Supply Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Welding Gas/Shielding Gas market report include:- Air Products and Chemicals Inc.
- Gulf Cryo
- Linde PLC
- Iwatani Corporation
- Praxair Inc.
- Nippon Sanso Holdings Corporation
- Southern Industrial Gas Sdn Bhd
- The Messer Group GmbH
- American Welding Gas Inc.
- Ellenbarrie Industrial Gases Ltd.
- Lincoln Electric Holdings Inc.
- Elektriska Svetsnings-Aktiebolaget
- Fronius International GmbH
- Gas Innovations
- Sterling Gases Limited
- SIG Gases Berhad
- Iceblick Ltd.
- Messer Canada Inc.
- WestAir Gases & Equipment
- Norco Inc.
- Weldstar Company
- Arc3 Gases
- Holston Gases Inc.
- Roberts Oxygen Inc.
- NexAir LLC
- Indiana Oxygen Company Inc.
- Haun Welding Supply Inc.
- Welders Supply Company
- Welding Industrial Supply Company
- Sidney Lee Welding Supply Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 3.68 Billion |
| Forecasted Market Value ( USD | $ 5.08 Billion |
| Compound Annual Growth Rate | 8.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |


