"The Global Industrial Gases in Metals And Metal Fabrication Market was valued at USD 46.94 billion in 2025 and is projected to reach USD 79.61 billion by 2034, growing at a CAGR of 6.05%."
The Industrial Gases in Metals and Metal Fabrication Market plays a vital role in supporting core operations across welding, cutting, brazing, refining, and heat treatment processes in the global metals industry. Industrial gases such as oxygen, nitrogen, hydrogen, argon, acetylene, and carbon dioxide are extensively used in both primary metal production and downstream fabrication activities. These gases help improve process efficiency, enhance metallurgical properties, and ensure worker and environmental safety. The market is directly tied to trends in steel production, non-ferrous metallurgy, automotive manufacturing, shipbuilding, heavy machinery, and aerospace component fabrication. With growing demand for high-quality and precision-engineered metals, industrial gases enable advanced processing techniques such as laser cutting, plasma arc welding, and electron beam welding. Moreover, the emphasis on cleaner and energy-efficient production is leading to increased adoption of oxygen enrichment and hydrogen-based reduction processes in the steel sector. As global infrastructure projects and construction activity accelerate, demand for metal processing gases continues to grow steadily.
The global market is seeing a shift toward bulk and on-site gas supply models to meet the high-volume and continuous needs of large fabrication and steel plants. Asia Pacific remains the dominant region due to massive steel production and fabrication capacity in countries such as China, India, and South Korea. North America and Europe are witnessing a rise in specialty gases usage, supporting high-performance alloys and precision metalworking applications. Leading gas suppliers are focusing on building integrated gas solutions, digitalized delivery systems, and sustainability-driven offerings like green hydrogen and carbon capture-ready installations. Ongoing technological advancements in additive manufacturing, laser processing, and clean metallurgy are opening up new growth avenues for industrial gas suppliers catering to metalworking segments. As the metals and fabrication industry embraces automation, digitization, and low-emission technologies, the role of industrial gases is expected to expand beyond traditional applications to become an enabler of next-generation manufacturing efficiency and environmental compliance.
Trade Intelligence Of Industrial Gases in Metals and Metal Fabrication Market
| Global Hydrogen, rare gases Trade, Imports, USD million, 2020-24 | |||||
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| 2020 | 2021 | 2022 | 2023 | 2024 |
| World | 9,186.2 | 13,111.8 | 18,184.1 | 14,057.1 | 12,426.9 |
| China | 1,422.0 | 2,563.7 | 3,452.0 | 2,409.9 | 1,524.0 |
| Japan | 1,137.4 | 1,658.0 | 2,033.6 | 1,475.3 | 1,310.2 |
| Germany | 959.3 | 1,052.0 | 1,653.6 | 1,273.2 | 1,045.2 |
| Viet Nam | 61.1 | 109.3 | 734.9 | 1,112.5 | 931.2 |
| United States of America | 565.8 | 669.2 | 1,201.5 | 850.1 | 889.1 |
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| Source: OGAnalysis | |||||
- China, Japan, Germany, Viet Nam and United States of America are the top five countries importing 45.9% of global Hydrogen, rare gases in 2024
- China accounts for 12.3% of global Hydrogen, rare gases trade in 2024
- Japan accounts for 10.5% of global Hydrogen, rare gases trade in 2024
- Germany accounts for 8.4% of global Hydrogen, rare gases trade in 2024
| Global Hydrogen, rare gases Export Prices, USD/Ton, 2020-24 |
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| Source: OGAnalysis |
North America Industrial Gases in Metals & Fabrication Market
In North America, demand for industrial gases is driven by the region’s advanced manufacturing ecosystem in aerospace, automotive, and heavy machinery sectors. Increased adoption of specialty gases for precision welding, additive manufacturing, and high-performance alloy fabrication presents lucrative growth areas. Suppliers are focusing on delivering integrated solutions, including on-site gas generation, automated flow control, and digital monitoring to enhance operational productivity. The rising emphasis on decarbonization is fostering hydrogen-based steelmaking trials and oxygen-boosted blast furnace optimization, offering opportunities for gas companies to develop greener supply models and value-added services.
Asia Pacific Industrial Gases in Metals & Fabrication Market
Asia Pacific leads the global consumption of industrial gases in metal fabrication, driven by robust steel and non-ferrous metal production in China, India, and South Korea. Governments are investing in advanced processing facilities, promoting expanded use of hydrogen, argon, and nitrogen for low-carbon metallurgy and high-end alloy manufacturing. The region’s expansion in additive manufacturing and powder metallurgy is augmenting demand for inert and reactive gases throughout powder production and sintering stages. Suppliers can capitalize on growth by offering flexible supply solutions, bulk liquid and cylinder delivery, and technical support for modern gas applications in fabrication and foundry settings.
Europe Industrial Gases in Metals & Fabrication Market
Europe’s industrial gas market is shaped by stringent environmental regulations and aggressive goals for emissions reduction in the metal sector. Companies are increasingly investing in hydrogen-based direct reduction, low-emission oxy-fuel systems, and post-combustion CO₂ capture technologies in steel and aluminum plants. Bellwether opportunities lie in supplying on-site generation systems for oxygen and nitrogen to support sustainable operations. Additionally, demand for high-purity specialty gases in precision welding, aerospace, and medical metallurgy continues to grow. Collaboration prospects are strong with fabricators, technology providers, and regulatory bodies to develop green gas supply chains aligned with European climate and industrial strategies.
Key Insights
- Industrial gases such as oxygen, argon, hydrogen, and nitrogen are critical enablers in metal fabrication processes including welding, cutting, and heat treatment, improving operational efficiency, metallurgical control, and finish quality.
- The growing demand for lightweight and high-strength alloys in aerospace, automotive, and infrastructure sectors is driving the use of specialty gases in laser welding, plasma cutting, and advanced metallurgy techniques.
- Asia Pacific leads the global market due to its large-scale steel manufacturing and fabrication capacity, with China, India, and South Korea accounting for a significant share of gas consumption in the metals industry.
- Oxygen is widely used for combustion enhancement and blast furnace enrichment, enabling higher productivity and lower emissions in steelmaking and non-ferrous metal production.
- Hydrogen is gaining traction as a clean reducing agent in low-carbon steelmaking processes, particularly in Europe, where decarbonization of the metal industry is accelerating through hydrogen-based direct reduction.
- Digitalization of gas delivery through telemetry, remote monitoring, and real-time flow control is enhancing supply chain efficiency and helping fabrication units manage costs and operational uptime.
- Argon is a preferred shielding gas in TIG and MIG welding, particularly for stainless steel and aluminum alloys, ensuring weld integrity, reduced oxidation, and improved arc stability.
- The expansion of additive manufacturing and powder metallurgy is creating new demand for inert and reactive gases used in metal powder atomization, fusion processes, and controlled-atmosphere sintering.
- Industrial gas suppliers are entering strategic collaborations with fabrication firms and OEMs to offer integrated solutions including on-site gas generation, storage, and application support for metalworking processes.
- Regulatory pressure to reduce CO₂ emissions is prompting metal fabricators to shift toward gas-based oxy-fuel and plasma systems that offer cleaner combustion, greater energy efficiency, and improved environmental compliance.
Report Scope
| Parameter | Industrial Gases in Metals and Metal Fabrication Market scope Detail |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2026-2032 |
| Market Size-Units | USD billion |
| Market Splits Covered | By Type, By Function, By Transportation Mode, By End-User |
| Countries Covered | North America (USA, Canada, Mexico) |
| Analysis Covered | Latest Trends, Driving Factors, Challenges, Trade Analysis, Price Analysis, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
| Customization | 10% free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
| Post-Sale Support | 4 analyst hours, available up to 4 weeks |
| Delivery Format | The Latest Updated PDF and Excel Data file |
Industrial Gases in Metals And Metal Fabrication Market Segmentation
By Type
- Oxygen
- Nitrogen
- Hydrogen
- Carbon Dioxide
- Acetylene
- Other Types
By Function
- Primary Metal Production
- Metal Fabrication
By Transportation Mode
- Cylinder And Packaged Gas Distribution
- Merchant Liquid Distribution
- Tonnage Distribution
By End-User
- Metal Industry
- Automotive
- Rail And Shipping
- Aerospace And Defense
- Heavy Machinery
- Other End-Users
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Key Companies Covered
Praxair Inc., Airgas Inc., Air Liquide S.A., Air Products and Chemicals Inc., Linde plc, Messer Group GmbH, Iwatani Corporation, nexAir LLC, Taiyo Nippon Sanso Corporation, Southern Industrial Gas Sdn Bhd, Cryotec Anlagenbau GmbH, Nippon Sanso Holdings Corporation, Singhal Gas Products, Yingde Gases Group Company Limited, Matheson Tri‑Gas Inc., Gulf Cryo, Welsco Inc., Ellenbarrie Industrial Gases Ltd., Sicgil India Limited, Axcel Gases, Universal Industrial Gases Inc., A‑Gas, CPV Manufacturing, HyGear, Vadilal Chemicals Ltd., Depke Gases & Welding Supply.
Recent Developments
July 2025: Sterlite Technologies partnered with Hygenco to launch Maharashtra’s first green hydrogen and green oxygen plant dedicated to optical fiber manufacturing, marking a shift toward sustainable gas production in industrial manufacturing sectors.
June 2025: Air Products showcased its advanced industrial gas offerings at PowderMet2025, featuring intelligent systems for sintering, brazing, hot isostatic pressing, and metal injection molding—highlighting digital innovation in fabrication.
April 2025: Pakistan Oxygen Limited initiated construction of a green hydrogen production facility at Port Qasim, expanding capacity for hydrogen and oxygen supply in regional metal processing and fabrication industries.
March 2025: A major utility operationalized the first onsite hydrogen production system using steel mill off-gases, providing clean, cost-effective energy for heavy industry applications.
May 2024: Linde signed a long-term contract to supply industrial gases—including oxygen, nitrogen, and argon—to H2 Green Steel’s large-scale green steel plant, supporting low-carbon steel manufacturing initiatives.
What You Receive
• Global Industrial Gases in Metals And Metal Fabrication market size and growth projections (CAGR), 2024- 2034
• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Industrial Gases in Metals And Metal Fabrication.
• Industrial Gases in Metals And Metal Fabrication market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Industrial Gases in Metals And Metal Fabrication market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Industrial Gases in Metals And Metal Fabrication market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Industrial Gases in Metals And Metal Fabrication market, Industrial Gases in Metals And Metal Fabrication supply chain analysis.
• Industrial Gases in Metals And Metal Fabrication trade analysis, Industrial Gases in Metals And Metal Fabrication market price analysis, Industrial Gases in Metals And Metal Fabrication Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Industrial Gases in Metals And Metal Fabrication market news and developments.
The Industrial Gases in Metals And Metal Fabrication Market international scenario is well established in the report with separate chapters on North America Industrial Gases in Metals And Metal Fabrication Market, Europe Industrial Gases in Metals And Metal Fabrication Market, Asia-Pacific Industrial Gases in Metals And Metal Fabrication Market, Middle East and Africa Industrial Gases in Metals And Metal Fabrication Market, and South and Central America Industrial Gases in Metals And Metal Fabrication Markets. These sections further fragment the regional Industrial Gases in Metals And Metal Fabrication market by type, application, end-user, and country.
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Industrial Gases in Metals And Metal Fabrication Market Latest Trends, Drivers and Challenges, 2024- 2034
2.1 Industrial Gases in Metals And Metal Fabrication Market Overview
2.2 Market Strategies of Leading Industrial Gases in Metals And Metal Fabrication Companies
2.3 Industrial Gases in Metals And Metal Fabrication Market Insights, 2024- 2034
2.3.1 Leading Industrial Gases in Metals And Metal Fabrication Types, 2024- 2034
2.3.2 Leading Industrial Gases in Metals And Metal Fabrication End-User industries, 2024- 2034
2.3.3 Fast-Growing countries for Industrial Gases in Metals And Metal Fabrication sales, 2024- 2034
2.4 Industrial Gases in Metals And Metal Fabrication Market Drivers and Restraints
2.4.1 Industrial Gases in Metals And Metal Fabrication Demand Drivers to 2034
2.4.2 Industrial Gases in Metals And Metal Fabrication Challenges to 2034
2.5 Industrial Gases in Metals And Metal Fabrication Market- Five Forces Analysis
2.5.1 Industrial Gases in Metals And Metal Fabrication Industry Attractiveness Index, 2024
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Industrial Gases in Metals And Metal Fabrication Market Value, Market Share, and Forecast to 2034
3.1 Global Industrial Gases in Metals And Metal Fabrication Market Overview, 2024
3.2 Global Industrial Gases in Metals And Metal Fabrication Market Revenue and Forecast, 2024- 2034 (US$ billion)
3.3 Global Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Product, 2024- 2034
3.4 Global Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Application, 2024- 2034
3.5 Global Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By End User, 2024- 2034
3.6 Global Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Technology, 2024- 2034
3.7 Global Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook by Region, 2024- 2034
4. Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Value, Market Share and Forecast to 2034
4.1 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Overview, 2024
4.2 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Revenue and Forecast, 2024- 2034 (US$ billion)
4.3 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Product, 2024- 2034
4.4 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Application, 2024- 2034
4.5 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By End User, 2024- 2034
4.6 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Technology, 2024- 2034
4.7 Asia Pacific Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook by Country, 2024- 2034
5. Europe Industrial Gases in Metals And Metal Fabrication Market Value, Market Share, and Forecast to 2034
5.1 Europe Industrial Gases in Metals And Metal Fabrication Market Overview, 2024
5.2 Europe Industrial Gases in Metals And Metal Fabrication Market Revenue and Forecast, 2024- 2034 (US$ billion)
5.3 Europe Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Product, 2024- 2034
5.4 Europe Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Application, 2024- 2034
5.5 Europe Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By End User, 2024- 2034
5.6 Europe Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Technology, 2024- 2034
5.7 Europe Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook by Country, 2024- 2034
6. North America Industrial Gases in Metals And Metal Fabrication Market Value, Market Share and Forecast to 2034
6.1 North America Industrial Gases in Metals And Metal Fabrication Market Overview, 2024
6.2 North America Industrial Gases in Metals And Metal Fabrication Market Revenue and Forecast, 2024- 2034 (US$ billion)
6.3 North America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Product, 2024- 2034
6.4 North America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Application, 2024- 2034
6.5 North America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By End User, 2024- 2034
6.6 North America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Technology, 2024- 2034
6.7 North America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook by Country, 2024- 2034
7. South and Central America Industrial Gases in Metals And Metal Fabrication Market Value, Market Share and Forecast to 2034
7.1 South and Central America Industrial Gases in Metals And Metal Fabrication Market Overview, 2024
7.2 South and Central America Industrial Gases in Metals And Metal Fabrication Market Revenue and Forecast, 2024- 2034 (US$ billion)
7.3 South and Central America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Product, 2024- 2034
7.4 South and Central America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Application, 2024- 2034
7.5 South and Central America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By End User, 2024- 2034
7.6 South and Central America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Technology, 2024- 2034
7.7 South and Central America Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook by Country, 2024- 2034
8. Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Value, Market Share and Forecast to 2034
8.1 Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Overview, 2024
8.2 Middle East and Africa Industrial Gases in Metals And Metal Fabrication Market Revenue and Forecast, 2024- 2034 (US$ billion)
8.3 Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Product, 2024- 2034
8.4 Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Application, 2024- 2034
8.5 Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By End User, 2024- 2034
8.6 Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook By Technology, 2024- 2034
8.7 Middle East Africa Industrial Gases in Metals And Metal Fabrication Market Size and Share Outlook by Country, 2024- 2034
9. Industrial Gases in Metals And Metal Fabrication Market Structure
9.1 Key Players
9.2 Industrial Gases in Metals And Metal Fabrication Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis
10. Industrial Gases in Metals And Metal Fabrication Industry Recent Developments
11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
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FAQ's
The Global Industrial Gases in Metals And Metal Fabrication Market is estimated to generate USD 46.94 billion in revenue in 2025.
The Global Industrial Gases in Metals And Metal Fabrication Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.05% during the forecast period from 2025 to 2034.
The Industrial Gases in Metals And Metal Fabrication Market is estimated to reach USD 79.61 billion by 2034.
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