Global Shielding Gases Market — Rest of MEA by End-Use Industry
| Label | Automotive | Construction | Fabrication & Shipbuilding | Others |
|---|---|---|---|---|
| 2022 | 111.7578 USD Mn | 113.1018 USD Mn | 136.1294 USD Mn | 94.138 USD Mn |
| 2023 | 119.6364 USD Mn | 120.5934 USD Mn | 145.0014 USD Mn | 99.0738 USD Mn |
| 2024 | 127.5624 USD Mn | 128.0716 USD Mn | 153.8393 USD Mn | 103.8377 USD Mn |
| 2025 | 135.5025 USD Mn | 135.5025 USD Mn | 162.603 USD Mn | 108.402 USD Mn |
| 2026 | 142.9493 USD Mn | 142.3809 USD Mn | 170.6866 USD Mn | 112.3701 USD Mn |
| 2027 | 150.5608 USD Mn | 149.3659 USD Mn | 178.8813 USD Mn | 116.2729 USD Mn |
| 2028 | 158.3194 USD Mn | 156.4384 USD Mn | 187.1646 USD Mn | 120.0916 USD Mn |
| 2029 | 166.2295 USD Mn | 163.6015 USD Mn | 195.5394 USD Mn | 123.8265 USD Mn |
| 2030 | 174.2745 USD Mn | 170.8369 USD Mn | 203.9834 USD Mn | 127.4603 USD Mn |
| 2031 | 182.4346 USD Mn | 178.1253 USD Mn | 212.474 USD Mn | 130.977 USD Mn |
| 2032 | 190.691 USD Mn | 185.4463 USD Mn | 220.9854 USD Mn | 134.3603 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Use Industry portion of the Global Shielding Gases Market By End market is on a steady long-term growth path. Segment value stands at roughly USD 568 Million in 2026 and is projected to reach USD 731 Million by 2032 — a gain of about 29% over the forecast period, translating to a CAGR in the mid-single digits.
- What the regional split looks like (2026): Fabrication & Shipbuilding leads, holding roughly 30% of segment value — the single largest regional share. Automotive is the second-largest contributor. Construction and Others make up the remainder, in descending order.
- By 2032, Fabrication & Shipbuilding alone is expected to reach USD 221 Million, with Automotive at USD 191 Million.
Market Dynamics
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