Industrial Gases & Cryogenic · Direct
Monitoring · monthlyProcurement Category Intelligence
Welding Gases (Acetylene, Shielding Mix)
Overview
Market size
$14.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$18.7B
What changed
Demand by region
Asia Pacific demand37%
Europe demand28%
North America demand23%
Rest of world demand12%
share of global demandtotal 100%
Cost drivers
Energy and electricity for air separation and synthesis35%
Raw feedstocks calcium carbide and natural gas25%
Distribution logistics and cylinder fleet management20%
Labor and facility operations12%
Regulatory compliance and safety management8%
share of delivered cost (analyst estimate)