Global Shielding Gases Market — Rest of MEA by Welding Process
| Label | Others | Automotive | Construction | Fabrication & Shipbuilding |
|---|---|---|---|---|
| 2022 | 0.210191 USD Mn | 0.141155 USD Mn | 0.318255 USD Mn | 0.330399 USD Mn |
| 2023 | 0.207123 USD Mn | 0.143128 USD Mn | 0.318695 USD Mn | 0.331054 USD Mn |
| 2024 | 0.204043 USD Mn | 0.145124 USD Mn | 0.319117 USD Mn | 0.331716 USD Mn |
| 2025 | 0.200952 USD Mn | 0.147143 USD Mn | 0.319524 USD Mn | 0.332381 USD Mn |
| 2026 | 0.197848 USD Mn | 0.149185 USD Mn | 0.319915 USD Mn | 0.333053 USD Mn |
| 2027 | 0.194729 USD Mn | 0.151251 USD Mn | 0.320289 USD Mn | 0.333731 USD Mn |
| 2028 | 0.191599 USD Mn | 0.153342 USD Mn | 0.320646 USD Mn | 0.334413 USD Mn |
| 2029 | 0.188462 USD Mn | 0.155455 USD Mn | 0.320981 USD Mn | 0.335102 USD Mn |
| 2030 | 0.185304 USD Mn | 0.157597 USD Mn | 0.3213 USD Mn | 0.335798 USD Mn |
| 2031 | 0.182143 USD Mn | 0.159761 USD Mn | 0.321596 USD Mn | 0.3365 USD Mn |
| 2032 | 0.17896 USD Mn | 0.161955 USD Mn | 0.321873 USD Mn | 0.337212 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Rest of MEA by End-Use Industry 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): Fabrication & Shipbuilding leads, holding roughly 33% of segment value — the single largest regional share. Construction is the second-largest contributor. Others and Automotive make up the remainder, in descending order.
- By 2032, Fabrication & Shipbuilding alone is expected to reach USD 0 Million, with Construction at USD 0 Million.
Market Dynamics
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