Global Epoxy Resin Market — Rest of MEA by Physical Form
| Label | TIG | Others | MIG/MAG |
|---|---|---|---|
| 2022 | 0.27708 USD Mn | 0.145522 USD Mn | 0.577398 USD Mn |
| 2023 | 0.27805 USD Mn | 0.143686 USD Mn | 0.578264 USD Mn |
| 2024 | 0.279023 USD Mn | 0.141846 USD Mn | 0.579131 USD Mn |
| 2025 | 0.28 USD Mn | 0.14 USD Mn | 0.58 USD Mn |
| 2026 | 0.28098 USD Mn | 0.13815 USD Mn | 0.58087 USD Mn |
| 2027 | 0.281963 USD Mn | 0.136296 USD Mn | 0.581741 USD Mn |
| 2028 | 0.28295 USD Mn | 0.134436 USD Mn | 0.582614 USD Mn |
| 2029 | 0.283941 USD Mn | 0.132571 USD Mn | 0.583488 USD Mn |
| 2030 | 0.284934 USD Mn | 0.130703 USD Mn | 0.584363 USD Mn |
| 2031 | 0.285932 USD Mn | 0.128828 USD Mn | 0.58524 USD Mn |
| 2032 | 0.286932 USD Mn | 0.126951 USD Mn | 0.586117 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The North America by Welding Process portion of the Global Shielding Gases Market market is on a steady long-term growth path. Segment value stands at roughly USD 1 Million in 2026 and is projected to reach USD 1 Million by 2032 — a gain of about 0% over the forecast period, translating to a CAGR in the low single digits.
- What the regional split looks like (2026): MIG/MAG leads, holding roughly 58% of segment value — the single largest regional share. TIG is the second-largest contributor. Others make up the remainder, in descending order.
- By 2032, MIG/MAG alone is expected to reach USD 1 Million, with TIG at USD 0 Million.
Market Dynamics
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