Global Industrial Gases for Metals & Metal Fabrication Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Oxygen, Nitrogen, Hydrogen, and Others.

By Function;

Metal Manufacturing and Fabrication.

By Storage;

Cylinder, Merchant Liquid, and Tonnage.

By End-use;

Metal, Automotive, Aerospace, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn155174373 Published Date: May, 2025 Updated Date: June, 2025

Industrial Gases for Metals & Metal Fabrication Market Overview

Industrial Gases for Metals & Metal Fabrication Market (USD Million)

Industrial Gases for Metals & Metal Fabrication Market was valued at USD 56,341.82 million in the year 2024. The size of this market is expected to increase to USD 82,504.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.


Global Industrial Gases for Metals & Metal Fabrication Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.6 %
Market Size (2024)USD 56,341.82 Million
Market Size (2031)USD 82,504.62 Million
Market ConcentrationMedium
Report Pages342
56,341.82
2024
82,504.62
2031

Major Players

  • Praxair, Inc.
  • Airgas, Inc.
  • Air Liquide S.A.
  • Air Products and Chemicals, Inc.
  • Iwatani Corporation
  • Messer Group
  • The Linde Group
  • Southern Industrial Gas SDN. BHD.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Industrial Gases for Metals & Metal Fabrication Market

Fragmented - Highly competitive market without dominant players


The Industrial Gases for Metals & Metal Fabrication Market continues to grow due to the increasing need for accuracy and efficiency in metalworking processes. These gases are now used in over 65% of fabrication setups for applications like welding and cutting. Their role is becoming critical in meeting productivity goals while ensuring safety across manufacturing operations.

Rising Utilization in Heat-Based Techniques
The use of gases such as oxygen, argon, and acetylene has surged by over 48% in processes requiring heat application. These gases are essential in laser and plasma-based cutting, supporting precision in handling complex metals. This trend highlights a deeper reliance on gas-based technologies to optimize fabrication accuracy and material integrity.

Safety and Environmental Standards Adoption
Industrial gases are also becoming central to eco-conscious and safety-focused practices. Usage of inert and emission-reducing gases has increased by 42%, as manufacturers aim to meet compliance benchmarks. These gases support safer operations while improving process quality by limiting oxidation and particulate formation.

Customization in Metal Fabrication Fueling Demand
As demand for tailored metal solutions grows, over 60% of metalworkers now rely on adaptable gas systems. Custom gas blends are enhancing flexibility across diverse alloys and techniques. This growing emphasis on precision and responsiveness is shaping a more advanced and application-specific market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Function
    3. Market Snapshot, By Storage
    4. Market Snapshot, By End-use
    5. Market Snapshot, By Region
  4. Industrial Gases for Metals & Metal Fabrication Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Metal Production Growth

        2. Energy Efficiency and Environmental Regulations

        3. Rapid Urbanization and Infrastructure Development

      2. Restraints
        1. Volatility in Raw Material Prices

        2. High Initial Investment Costs

        3. Energy Intensive Production Processes

      3. Opportunities
        1. Rising Demand for High-Quality Metals

        2. Energy Efficiency and Environmental Sustainability

        3. Market Expansion in Developing Regions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Gases for Metals & Metal Fabrication Market, By Type, 2021 - 2031 (USD Million)
      1. Oxygen

      2. Nitrogen

      3. Hydrogen

      4. Others

    2. Industrial Gases for Metals & Metal Fabrication Market, By Function, 2021 - 2031 (USD Million)
      1. Metal Manufacturing

      2. Fabrication

    3. Industrial Gases for Metals & Metal Fabrication Market, By Storage, 2021 - 2031 (USD Million)

      1. Cylinder

      2. Merchant Liquid

      3. Tonnage

    4. Industrial Gases for Metals & Metal Fabrication Market, By End-use, 2021 - 2031 (USD Million)

      1. Metal

      2. Automotive

      3. Aerospace

      4. Others

    5. Industrial Gases for Metals & Metal Fabrication Market, By Geography, 2021 - 2031 (USD Million)

        1. North America
          1. United States
          2. Canada
        2. Europe
          1. Germany
          2. United Kingdom
          3. France
          4. Italy
          5. Spain
          6. Nordic
          7. Benelux
          8. Rest of Europe
        3. Asia Pacific
          1. Japan
          2. China
          3. India
          4. Australia & New Zealand
          5. South Korea
          6. ASEAN (Association of South East Asian Countries)
          7. Rest of Asia Pacific
        4. Middle East & Africa
          1. GCC
          2. Israel
          3. South Africa
          4. Rest of Middle East & Africa
        5. Latin America
          1. Brazil
          2. Mexico
          3. Argentina
          4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Praxair, Inc.
      2. Airgas, Inc.
      3. Air Liquide S.A.
      4. Air Products and Chemicals, Inc
      5. Iwatani Corporation
      6. Messer Group
      7. The Linde Group
      8. Southern Industrial Gas SDN. BHD
  7. Analyst Views
  8. Future Outlook of the Market