焊接/保护气体市场 - 全球产业规模、份额、趋势、机会及预测（按类型、应用、储存、最终用户、地区和竞争格局划分），2021-2031年

全球焊接/保护气体市场预计将从 2025 年的 43.3 亿美元成长到 2031 年的 64.7 亿美元，复合年增长率为 6.91%。

这些气体，包括纯元素和混合气体，例如氩气、氦气和二氧化碳，对于稳定电弧和在製造过程中保护熔融金属免受大气污染物的污染至关重要。市场成长的主要驱动力是全球工业化进程的加速以及汽车和建筑行业持续成长的需求，在这些行业中，可靠的连接对于结构安全至关重要。此外，可再生能源设施和管道等能源基础设施的不断扩张，也推动了重工业计划对这些耗材稳定供应的需求。

另一方面，全球经济波动可能抑制重工业活动并减少原料消耗，这给市场带来了重大障碍。製造业生产的停滞直接限制了终端用户对焊接耗材的需求。世界钢铁协会在2025年10月发布的报告显示，全球钢铁需求预计将保持平稳，约17.49亿吨。这一关键应用领域的成长乏力构成了重大障碍，可能阻碍焊接气体市场的进一步扩张。

市场驱动因素

全球基础设施和建设活动的扩张是焊接气体市场的主要驱动力，对结构钢製造中氩气和二氧化碳的需求显着增长。随着公共和私人开发计划的加速推进，焊接耗材的使用量与建筑产出呈正相关增长。根据美国人口普查局2025年2月发布的《2024年12月月度建筑支出》报告，2024年美国建筑开工总额将达到21544亿美元，比上年增长6.5%。资本支出的成长凸显了焊接气体在支持大规模都市化和基础设施计划以及确保管道、桥樑和商业建筑结构完整性方面的重要作用。

同时，汽车和电动车产业日益增长的需求也支撑着市场。在这些行业中，精密保护气体对于连接轻质材料和电池组件至关重要。製造商越来越依赖复杂的混合气体来保护熔融金属免受自动化生产过程中空气污染的影响。欧洲汽车製造商协会 (ACEA) 在 2025 年 3 月发布的《经济和市场报告：全球和欧盟汽车产业 - 2024 年全年》中指出，2024 年全球汽车产量将达到 7,550 万辆，为气体消费提供稳定的基础。林肯电气控股公司 (Lincoln Electric Holdings) 在 2025 年 10 月发布的《2025 年第三季财务业绩》中也反映了这一行业发展势头，该公司第三季度营收达 10.6 亿美元，同比增长 7.9%，表明焊接耗材和设备生态系统活动强劲。

市场挑战

全球经济波动导致製造业生产放缓，对全球焊接/保护气体市场构成重大限制。焊接气体是重工业的关键耗材，其需求与金属加工产业的作业量密切相关。当经济不确定性导致资本支出减少、基础设施计划延期时，製造商会削减产量，从而直接减少用于稳定电弧和保护金属的保护气体的消耗量。

近期生产数据显示初级工业活动放缓，印证了这项相关性。阿拉伯钢铁联盟报告称，2025年全球粗钢产量显着下降，10月份产量较去年同期下降5.9%。初级金属产量的下降预示着整个製造业供应链的放缓，有效限制了焊接气体采购的潜在规模。随着工业生产的下滑，这些关键气体的市场成长动能面临直接且不可避免的限制。

市场趋势

随着工业用户日益重视采购并与脱碳策略保持一致，低排放、永续的保护气体的兴起正在根本上重塑市场动态。製造商优先采用氢混合保护解决方案和碳中和气体混合物，以减少钢铁生产和重工业製程对环境的影响。这项转变迫使主要生产商确保对绿色能源基础设施进行长期资本投资，并为这些先进耗材建立稳健的供应链。为了凸显这一战略稳定性，林德公司在2025年10月举行的第三季财报音讯会议和网路直播中宣布，其计划累积订单将持续到2025年达到100亿美元。这表明，儘管经济形势普遍不确定性，但工业界对清洁能源应用和可靠气体合约的需求仍然强劲。

同时，为解决传统重型钢製容器带来的物流效率低下问题，向高压轻质复合复合材料的过渡正在加速。製造商们正转向先进的复合复合材料气瓶，这种气瓶具有更佳的便携性和更大的气体容量，能够显着降低运输成本，并提高焊接人员现场操作的安全性。这种现代化气瓶解决方案的日益普及也体现在主要包装製造商的财务表现中。根据沃辛顿企业（Worthington Enterprises）于2025年9月发布的“第一季收益报告”，其建材部门（包括先进复合材料气瓶技术）的销售额同比增长32%，达到1.85亿美元，这主要得益于其特种容器产品组合的强劲销量增长。

目录

第一章概述

第二章调查方法

第三章执行摘要

第四章：客户评价

第五章 全球焊接气体/保护气体市场展望

• 市场规模及预测
  • 按金额
• 市占率及预测
  • 按类型（氩气、二氧化碳、其他）
  • 依应用方式（气体保护金属极电弧焊接、钨极电弧焊接等）
  • 依储存类型（钢瓶/包装气体分销、液化气体/散装分销）
  • 依最终用户（建筑、能源、航太、金属製造和加工等）划分
  • 按地区
  • 按公司（2025 年）
• 市场地图

6. 北美焊接/保护气体市场展望

• 市场规模及预测
• 市占率及预测
• 北美洲：国家分析
  • 我们
  • 加拿大
  • 墨西哥

7. 欧洲焊接/保护气体市场展望

• 市场规模及预测
• 市占率及预测
• 欧洲：国家分析
  • 德国
  • 法国
  • 英国
  • 义大利
  • 西班牙

8. 亚太地区焊接/保护气体市场展望

• 市场规模及预测
• 市占率及预测
• 亚太地区：国家分析
  • 中国
  • 印度
  • 日本
  • 韩国
  • 澳洲

9. 中东和非洲焊接/保护气体市场展望

• 市场规模及预测
• 市占率及预测
• 中东和非洲：国家分析
  • 沙乌地阿拉伯
  • 阿拉伯聯合大公国
  • 南非

10. 南美洲焊接/保护气体市场展望

• 市场规模及预测
• 市占率及预测
• 南美洲：国家分析
  • 巴西
  • 哥伦比亚
  • 阿根廷

第十一章 市场动态

• 司机
• 任务

第十二章 市场趋势与发展

• 併购
• 产品发布
• 最新进展

第十三章 全球焊接/保护气体市场：SWOT分析

第十四章：波特五力分析

• 产业竞争
• 新进入者的可能性
• 供应商电力
• 顾客权力
• 替代品的威胁

第十五章 竞争格局

• Air Products & Chemicals, Inc.
• The Linde Group
• Messer Group GmbH
• Iwatani Corporation
• Gulf Cryo
• Taiyo Nippon Sanso Corporation
• SIG Gases Berhad
• Air Liquide SA

第十六章 策略建议

第十七章：关于研究公司及免责声明

The Global Welding Gas and Shielding Gas Market is projected to expand from USD 4.33 Billion in 2025 to USD 6.47 Billion by 2031, registering a CAGR of 6.91%. These gases, which include pure elements and mixtures like argon, helium, and carbon dioxide, are essential for stabilizing electrical arcs and shielding molten metal from atmospheric contaminants during fabrication. Market growth is primarily driven by intense global industrialization and the enduring demands of the automotive and construction sectors, where high-integrity joining is critical for structural safety. Furthermore, the ongoing expansion of energy infrastructure, such as renewable energy installations and pipelines, mandates a consistent supply of these consumables for heavy manufacturing projects.

Conversely, the market encounters a major obstacle due to global economic volatility, which can suppress heavy industrial activity and lower raw material usage. A plateau in manufacturing output directly restricts the volume of welding consumables needed by end-users. As reported by the World Steel Association in October 2025, global steel demand is expected to remain flat compared to the previous year, settling at approximately 1,749 million tonnes. This lack of growth in the primary application sector constitutes a significant barrier that could restrain the broader expansion of the welding gas market.

Market Driver

The growth of global infrastructure and construction activities serves as a key driver for the welding gas market, creating substantial demand for argon and carbon dioxide in structural steel fabrication. As public and private entities fast-track development projects, the usage of welding consumables increases in direct correlation with construction output. According to the U.S. Census Bureau's 'Monthly Construction Spending, December 2024' report released in February 2025, the total value of construction put in place in the United States during 2024 reached $2,154.4 billion, a 6.5% rise from the prior year. This increase in capital expenditure highlights the vital role of welding gases in supporting massive urbanization and engineering projects, ensuring the structural integrity of pipelines, bridges, and commercial buildings.

Simultaneously, the market is supported by escalating demand from the automotive and electric vehicle sectors, where high-precision shielding gases are crucial for joining lightweight materials and battery components. Manufacturers are increasingly dependent on advanced gas mixtures to shield molten metal from atmospheric contamination during automated production. The European Automobile Manufacturers' Association (ACEA) stated in its 'Economic and Market Report: Global and EU auto industry - Full year 2024', published in March 2025, that global car manufacturing reached 75.5 million units in 2024, providing a consistent foundation for gas consumption. Mirroring this industrial momentum, Lincoln Electric Holdings reported in its 'Third Quarter 2025 Results' in October 2025 that quarterly revenue hit $1.06 billion, a 7.9% year-over-year increase, signaling strong activity in the welding consumables and equipment ecosystem.

Market Challenge

Global economic volatility acts as a major restraint on the Global Welding Gas and Shielding Gas Market by inducing stagnation in manufacturing output. Because welding gases are critical consumables in heavy industry, their demand is intrinsically linked to the operational volume of metal fabrication sectors. When economic instability results in reduced capital expenditure and delayed infrastructure projects, manufacturers curtail production, which directly lowers the consumption rate of shielding gases needed for arc stabilization and metal protection.

This correlation is supported by recent production data showing a slowdown in key industrial activities. In 2025, the Arab Iron and Steel Union reported a notable contraction in global crude steel production, which declined by 5.9% in October compared to the same month the previous year. This reduction in primary metal output indicates a broader deceleration across the manufacturing supply chain, effectively capping the potential volume of welding gas procurement. As industrial throughput weakens, the market for these essential gases faces a direct and unavoidable limitation in growth momentum.

Market Trends

The rise of Low-Emission and Sustainable Shielding Gases is fundamentally reshaping market dynamics as industrial consumers increasingly align their procurement with decarbonization strategies. Manufacturers are prioritizing the adoption of hydrogen-blended shielding solutions and carbon-neutral gas mixtures to reduce the environmental footprint of steelmaking and heavy fabrication processes. This shift compels major producers to secure long-term capital commitments for green energy infrastructure, ensuring a resilient supply chain for these advanced consumables. Emphasizing this strategic stability, Linde plc reported in its '3Q25 Earnings Teleconference and Webcast' in October 2025 that its project backlog remained at $10 billion, highlighting sustained industrial demand for clean energy applications and reliable gas contracts despite broader economic uncertainties.

Concurrently, the transition to High-Pressure Lightweight Composite Cylinders is accelerating, addressing logistical inefficiencies linked to traditional heavy steel containment. Fabricators are migrating toward advanced composite vessels that provide superior portability and increased gas capacity, significantly lowering transportation costs and enhancing on-site handling safety for welders. This growing adoption of modern containment solutions is evident in the financial results of key packaging manufacturers. According to Worthington Enterprises' 'Q1 FY2026 Earnings Presentation' in September 2025, the Building Products segment, which includes advanced composite cylinder technologies, saw sales increase by 32% year-over-year to $185 million, driven by strong volume growth in its specialized containment portfolio.

Key Market Players

• Air Products & Chemicals, Inc.
• The Linde Group
• Messer Group GmbH
• Iwatani Corporation
• Gulf Cryo
• Taiyo Nippon Sanso Corporation
• SIG Gases Berhad
• Air Liquide SA

Report Scope

In this report, the Global Welding Gas and Shielding Gas Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Welding Gas and Shielding Gas Market, By Type

• Argon
• Carbon Dioxide
• Others

Welding Gas and Shielding Gas Market, By Application

• Gas Metal Arc Welding
• Tungsten Gas Arc Welding
• Others

Welding Gas and Shielding Gas Market, By Storage

• Cylinder & Packaged Gas Distribution
• Merchant Liquid/Bulk Distribution

Welding Gas and Shielding Gas Market, By End User

• Construction
• Energy
• Aerospace
• Metal Manufacturing & Fabrication
• Others

Welding Gas and Shielding Gas Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Welding Gas and Shielding Gas Market.

Available Customizations:

Global Welding Gas and Shielding Gas Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Welding Gas and Shielding Gas Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Argon, Carbon Dioxide, Others)
  • 5.2.2. By Application (Gas Metal Arc Welding, Tungsten Gas Arc Welding, Others)
  • 5.2.3. By Storage (Cylinder & Packaged Gas Distribution, Merchant Liquid/Bulk Distribution)
  • 5.2.4. By End User (Construction, Energy, Aerospace, Metal Manufacturing & Fabrication, Others)
  • 5.2.5. By Region
  • 5.2.6. By Company (2025)
• 5.3. Market Map

6. North America Welding Gas and Shielding Gas Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By Storage
  • 6.2.4. By End User
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Welding Gas and Shielding Gas Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By Storage
      • 6.3.1.2.4. By End User
  • 6.3.2. Canada Welding Gas and Shielding Gas Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By Storage
      • 6.3.2.2.4. By End User
  • 6.3.3. Mexico Welding Gas and Shielding Gas Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By Storage
      • 6.3.3.2.4. By End User

7. Europe Welding Gas and Shielding Gas Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Storage
  • 7.2.4. By End User
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Welding Gas and Shielding Gas Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By Storage
      • 7.3.1.2.4. By End User
  • 7.3.2. France Welding Gas and Shielding Gas Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By Storage
      • 7.3.2.2.4. By End User
  • 7.3.3. United Kingdom Welding Gas and Shielding Gas Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By Storage
      • 7.3.3.2.4. By End User
  • 7.3.4. Italy Welding Gas and Shielding Gas Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By Storage
      • 7.3.4.2.4. By End User
  • 7.3.5. Spain Welding Gas and Shielding Gas Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By Storage
      • 7.3.5.2.4. By End User

8. Asia Pacific Welding Gas and Shielding Gas Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Storage
  • 8.2.4. By End User
  • 8.2.5. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Welding Gas and Shielding Gas Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By Storage
      • 8.3.1.2.4. By End User
  • 8.3.2. India Welding Gas and Shielding Gas Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By Storage
      • 8.3.2.2.4. By End User
  • 8.3.3. Japan Welding Gas and Shielding Gas Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By Storage
      • 8.3.3.2.4. By End User
  • 8.3.4. South Korea Welding Gas and Shielding Gas Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By Storage
      • 8.3.4.2.4. By End User
  • 8.3.5. Australia Welding Gas and Shielding Gas Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By Storage
      • 8.3.5.2.4. By End User

9. Middle East & Africa Welding Gas and Shielding Gas Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Storage
  • 9.2.4. By End User
  • 9.2.5. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Welding Gas and Shielding Gas Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By Storage
      • 9.3.1.2.4. By End User
  • 9.3.2. UAE Welding Gas and Shielding Gas Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By Storage
      • 9.3.2.2.4. By End User
  • 9.3.3. South Africa Welding Gas and Shielding Gas Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By Storage
      • 9.3.3.2.4. By End User

10. South America Welding Gas and Shielding Gas Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By Storage
  • 10.2.4. By End User
  • 10.2.5. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Welding Gas and Shielding Gas Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By Storage
      • 10.3.1.2.4. By End User
  • 10.3.2. Colombia Welding Gas and Shielding Gas Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By Storage
      • 10.3.2.2.4. By End User
  • 10.3.3. Argentina Welding Gas and Shielding Gas Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By Storage
      • 10.3.3.2.4. By End User

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Welding Gas and Shielding Gas Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Air Products & Chemicals, Inc.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. The Linde Group
• 15.3. Messer Group GmbH
• 15.4. Iwatani Corporation
• 15.5. Gulf Cryo
• 15.6. Taiyo Nippon Sanso Corporation
• 15.7. SIG Gases Berhad
• 15.8. Air Liquide SA

16. Strategic Recommendations

17. About Us & Disclaimer