Global Metal Cutting Gas Market is valued approximately USD 2.7 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.20% over the forecast period 2022-2029. During the welding and cutting of metal, metal cutting gases have varying temperatures. A flame of fuel gas, such as acetylene, propane, propylene, natural gases, and others, is known as metal cutting gas. Around the flame, steam is injected with oxygen, burning the steel, and expelling the oxide as dross. While cutting the metals, the metal cutting torch is either handled or mounted on a mechanical carriage.. The Metal Cutting Gas market is expanding because of factors such as well-established chemical industry is expected to drive the market and increase in the demand from welding and cutting industry.
It is anticipated that increased utilization of metal cutting gases in diverse industries like scrapers, metalworking, metal fabrication, and welding and cutting would open up new market prospects. In order to reduce the rising pollution, governments in both wealthy and emerging nations have increased the capacity for natural gas production. For instance, in accordance with a report from the United States Energy Information Administration The amount of dry natural gas produced in the United States in 2021 was approximately 34.5 trillion cubic feet (Tcf), which was a record-breaking yearly production volume of 94.6 billion cubic feet per day on average. The market has grown favorably as a result of this element, providing the most lucrative growth to the market. However, Health issues associated with the metal cutting gas stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Metal Cutting Gas Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific region holds the highest share in the market as Metal cutting gas are widely used for welding and cutting purposes in the iron and steel industry due to the increasing demand for these materials from a variety of end-use industries, including industrial, construction, infrastructure, automotive, and others.
Major market players included in this report are:
- Ador Welding Limited
- Bharat Petroleum Corporation Limited
- brothers gas
- ESAB
- HACO
- Hornet Cutting Systems
- Indian Oil Corporation Ltd
- Levstal
- Nissan Tanaka Corporation
- TotalEnergies SE
Recent Developments in the Market:
- In February 2021, Total Oil India Private Limited (TOIPL), launched LPG Cutting Gas. The metal cutting industry, comprising scrappers, fabricators, and metalworking businesses, is the focus of Total's LPG Cutting Gas. Acetylene is a substance that is frequently used nowadays to cut metal. However, handling this is challenging due to its high flammability range.
Global Metal Cutting Gas Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Gas Type, End User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Gas Type offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Gas Type:
- Acetylene
- Propylene
- Natural Gas
- Propane
- Others
By End User:
- Automotive
- Aerospace
- Building and Construction
- Metal and Metal Fabrication
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Metal Cutting Gas Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Metal Cutting Gas Market, by Gas Type, 2019-2029 (USD Billion)
- 1.2.3. Metal Cutting Gas Market, by End Use, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Metal Cutting Gas 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 Metal Cutting Gas Market Dynamics
- 3.1. Metal Cutting Gas Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Well-established chemical industry is expected to drive the market
- 3.1.1.2. Increase in the demand from welding and cutting industry
- 3.1.2. Market Challenges
- 3.1.2.1. Health issues associated with the metal cutting gas
- 3.1.3. Market Opportunities
- 3.1.3.1. Robust demand from aerospace industry
Chapter 4. Global Metal Cutting Gas Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Metal Cutting Gas Market, by Gas Type
- 6.1. Market Snapshot
- 6.2. Global Metal Cutting Gas Market by Gas Type, Performance - Potential Analysis
- 6.3. Global Metal Cutting Gas Market Estimates & Forecasts by Gas Type 2019-2029 (USD Billion)
- 6.4. Metal Cutting Gas Market, Sub Segment Analysis
- 6.4.1. Acetylene
- 6.4.2. Propylene
- 6.4.3. Natural Gas
- 6.4.4. Propane
- 6.4.5. Others
Chapter 7. Global Metal Cutting Gas Market, by End Use
- 7.1. Market Snapshot
- 7.2. Global Metal Cutting Gas Market by End Use, Performance - Potential Analysis
- 7.3. Global Metal Cutting Gas Market Estimates & Forecasts by End Use 2019-2029 (USD Billion)
- 7.4. Metal Cutting Gas Market, Sub Segment Analysis
- 7.4.1. Automotive
- 7.4.2. Aerospace
- 7.4.3. Building and Construction
- 7.4.4. Metal and Metal Fabrication
- 7.4.5. Others
Chapter 8. Global Metal Cutting Gas Market, Regional Analysis
- 8.1. Metal Cutting Gas Market, Regional Market Snapshot
- 8.2. North America Metal Cutting Gas Market
- 8.2.1. U.S. Metal Cutting Gas Market
- 8.2.1.1. Gas Type breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. End Use breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Metal Cutting Gas Market
- 8.3. Europe Metal Cutting Gas Market Snapshot
- 8.3.1. U.K. Metal Cutting Gas Market
- 8.3.2. Germany Metal Cutting Gas Market
- 8.3.3. France Metal Cutting Gas Market
- 8.3.4. Spain Metal Cutting Gas Market
- 8.3.5. Italy Metal Cutting Gas Market
- 8.3.6. Rest of Europe Metal Cutting Gas Market
- 8.4. Asia-Pacific Metal Cutting Gas Market Snapshot
- 8.4.1. China Metal Cutting Gas Market
- 8.4.2. India Metal Cutting Gas Market
- 8.4.3. Japan Metal Cutting Gas Market
- 8.4.4. Australia Metal Cutting Gas Market
- 8.4.5. South Korea Metal Cutting Gas Market
- 8.4.6. Rest of Asia Pacific Metal Cutting Gas Market
- 8.5. Latin America Metal Cutting Gas Market Snapshot
- 8.5.1. Brazil Metal Cutting Gas Market
- 8.5.2. Mexico Metal Cutting Gas Market
- 8.5.3. Rest of Latin America Metal Cutting Gas Market
- 8.6. Rest of The World Metal Cutting Gas Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Ador Welding Limited
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Bharat Petroleum Corporation Limited
- 9.2.3. brothers gas
- 9.2.4. ESAB
- 9.2.5. HACO
- 9.2.6. Hornet Cutting Systems
- 9.2.7. Indian Oil Corporation Ltd
- 9.2.8. Levstal
- 9.2.9. Nissan Tanaka Corporation
- 9.2.10. TotalEnergies SE
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption