MRO Components, Consumables & Tooling · Indirect
Monitoring · monthly
Procurement Category Intelligence

Welding Gases - Argon Mix

Overview
Market size
$3.2B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity

Market outlook

2031$4.0B

What changed

Demand by region

Asia-Pacific demand36%
North America demand28%
Europe demand24%
Rest of world demand12%
share of global demandtotal 100%

Cost drivers

Electricity and Energy38%
Distribution and Logistics27%
Labor and Plant Operations18%
Cylinders and Packaging Equipment17%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked

Related categories

Industrial Bearings - BallIndustrial Bearings - RollerIndustrial Bearings - ThrustIndustrial Bearings - SphericalIndustrial Bearings - TaperedV-Belts and Wedge BeltsTiming Belts - IndustrialSynchronous Belts - HTD