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Metal Cutting Gas Market by Gas Type, End-use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 456 Pages
  • December 2022
  • Region: Global
  • Allied Market Research
  • ID: 5743666
The global metal cutting gas market was valued at $2.7 billion in 2021, and is projected to reach $4.0 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.

Metal cutting gases are extensively used in temperature intensive application. With the help of metal cutting gases such as natural gas, propane, acetylene, and others are widely used for cutting and welding applications of metals. Metal cutting gases work under temperature variation ranges owing to which these have a wider age of applications in various end use industries such as aerospace, metal casting, construction, underground subways, and others.  
Increase in the demand from emerging end use industries and robust growth in the production rate of metal cutting gases from leading manufacturers has spurred the chemical industry. For instance, according to an article published by invest India in November 2022, the Average Index of Industrial Production of Manufacturing of chemicals and chemical products in the financial year 2021-2022 is 120.7 and has grown by 4.1%. Acetylene, propylene, and natural gases are extensively produced by leading key players in larges scales owing to their wide range of uses in metal cutting industry. Mainly it is used in welding and cutting metal parts.  This factor is expected to foster the growth of the metal cutting gas market.

Habitual exposure to metal-cutting gases in the metal fabrication industry will have adverse effects on the workers. In addition, inhalation of small particles of gases will lead to getting cancer, heart, and lung disease, premature death, and others. Moreover, an article published by Interesting Engineering, Inc., oxy-acetylene gas is not suitable for thick and heavy sections of metals and does not have a flux shielding system. In addition, propylene gas is poisoning and has adverse health effects. Furthermore, the depletion of natural gases reservoir is expected to hamper market growth.  
The growing population coupled with an increase in the per capita income of consumers, improvement in the standard of living, and rise in the demand for commercial air travel has led the Indian government has set up large orders for aircraft. In addition, air passenger traffic is expected to increase the potential sales of the Indian aviation industry. For instance, according to an article published by Invest India in November 2022, The Indian Civil Aviation MRO market, at present, stands at around $900 Mn and is anticipated to grow to $4.33 bn by 2025 increasing at a CAGR (Compound Annual Growth Rate) of about 14-15%. Oxy-acetylene gas is commonly used in joining various aircraft parts, assembling aircraft frames, and others. This is anticipated to increase sales of metal-cutting gas market in the aircraft industry; thus, creating lucrative opportunities for the market. 
The metal cutting gas market is segmented based on gas type, end-use, and region. Based on type, the market is categorized into acetylene, propylene, natural gas, propane, and others. Based on end-use industry, it is divided into automotive, aerospace, building and construction, metal and metal fabrication, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.  
The global metal cutting gas market profiles leading players that include Ador Welding Limited, Bharat Petroleum Corporation Limited, Brothers Gas, ESAB, HACO, Hornet Cutting Systems, Indian Oil Corporation Ltd, LEVSTAL, NISSAN TANAKA CORPORATION, and TotalEnergies.  The global metal cutting gas market report provides in-depth competitive analysis as well as profiles of these major players. 

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the metal cutting gas market analysis from 2021 to 2031 to identify the prevailing metal cutting gas market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the metal cutting gas market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global metal cutting gas market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Gas Type

  • Acetylene
  • Propylene
  • Natural Gas
  • Propane
  • Others

By End Use

  • Building and Construction
  • Metal and Metal Fabrication
  • Others
  • Automotive
  • Aerospace

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • esab
  • TotalEnergies SE
  • Hornet Cutting Systems
  • Ador Welding Limited
  • Bharat Petroleum Corporation Limited
  • LEVSTAL
  • NISSAN TANAKA CORPORATION
  • Indian Oil Corporation Ltd
  • haco
  • brothers gas
Frequently Asked Questions about the Global Metal Cutting Gas Market

What is the estimated value of the Global Metal Cutting Gas Market?

The Global Metal Cutting Gas Market was estimated to be valued at $2.7 billion in 2021.

What is the growth rate of the Global Metal Cutting Gas Market?

The growth rate of the Global Metal Cutting Gas Market is 4.0%, with an estimated value of $4 billion by 2031.

What is the forecasted size of the Global Metal Cutting Gas Market?

The Global Metal Cutting Gas Market is estimated to be worth $4 billion by 2031.

Who are the key companies in the Global Metal Cutting Gas Market?

Key companies in the Global Metal Cutting Gas Market include esab, TotalEnergies SE, Hornet Cutting Systems, Ador Welding Limited, Bharat Petroleum Corporation Limited, LEVSTAL, NISSAN TANAKA CORPORATION, Indian Oil Corporation Ltd, haco and brothers gas.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. High threat of substitutes
3.3.4. Moderate threat of new entrants
3.3.5. High intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. well-established chemical industry is expected to drive the market
3.4.1.2. Increase in the demand from welding and cutting industry
3.4.2. Restraints
3.4.2.1. Health issues associated with the metal cutting gas
3.4.3. Opportunities
3.4.3.1. Robust demand from aerospace industry
3.5. COVID-19 Impact Analysis on the market
3.6. Patent Landscape
3.7. Pricing Analysis
3.8. Value Chain Analysis
CHAPTER 4: METAL CUTTING GAS MARKET, BY GAS TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Acetylene
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Propylene
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Natural Gas
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Propane
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
4.6. Others
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market share analysis by country
CHAPTER 5: METAL CUTTING GAS MARKET, BY END USE
5.1. Overview
5.1.1. Market size and forecast
5.2. Automotive
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Aerospace
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Building and Construction
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Metal and Metal Fabrication
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: METAL CUTTING GAS MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Gas Type
6.2.3. Market size and forecast, by End Use
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Gas Type
6.2.4.1.3. Market size and forecast, by End Use
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Gas Type
6.2.4.2.3. Market size and forecast, by End Use
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Gas Type
6.2.4.3.3. Market size and forecast, by End Use
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Gas Type
6.3.3. Market size and forecast, by End Use
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Gas Type
6.3.4.1.3. Market size and forecast, by End Use
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Gas Type
6.3.4.2.3. Market size and forecast, by End Use
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Gas Type
6.3.4.3.3. Market size and forecast, by End Use
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Gas Type
6.3.4.4.3. Market size and forecast, by End Use
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Gas Type
6.3.4.5.3. Market size and forecast, by End Use
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Gas Type
6.3.4.6.3. Market size and forecast, by End Use
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Gas Type
6.4.3. Market size and forecast, by End Use
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Gas Type
6.4.4.1.3. Market size and forecast, by End Use
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Gas Type
6.4.4.2.3. Market size and forecast, by End Use
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Gas Type
6.4.4.3.3. Market size and forecast, by End Use
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Gas Type
6.4.4.4.3. Market size and forecast, by End Use
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Gas Type
6.4.4.5.3. Market size and forecast, by End Use
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Gas Type
6.4.4.6.3. Market size and forecast, by End Use
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Gas Type
6.5.3. Market size and forecast, by End Use
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Gas Type
6.5.4.1.3. Market size and forecast, by End Use
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Gas Type
6.5.4.2.3. Market size and forecast, by End Use
6.5.4.3. South Africa
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Gas Type
6.5.4.3.3. Market size and forecast, by End Use
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Gas Type
6.5.4.4.3. Market size and forecast, by End Use
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. Ador Welding Limited
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.2. Bharat Petroleum Corporation Limited
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. brothers gas
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. esab
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.5. haco
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.6. Hornet Cutting Systems
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Key strategic moves and developments
8.7. Indian Oil Corporation Ltd
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.8. LEVSTAL
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. NISSAN TANAKA CORPORATION
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. TotalEnergies SE
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
List of Tables
Table 01. Global Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 02. Global Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 03. Metal Cutting Gas Market for Acetylene, by Region, 2021-2031 (Revenue, $Million)
Table 04. Metal Cutting Gas Market for Acetylene, by Region, 2021-2031 (Volume, Kiloton)
Table 05. Metal Cutting Gas Market for Propylene, by Region, 2021-2031 (Revenue, $Million)
Table 06. Metal Cutting Gas Market for Propylene, by Region, 2021-2031 (Volume, Kiloton)
Table 07. Metal Cutting Gas Market for Natural Gas, by Region, 2021-2031 (Revenue, $Million)
Table 08. Metal Cutting Gas Market for Natural Gas, by Region, 2021-2031 (Volume, Kiloton)
Table 09. Metal Cutting Gas Market for Propane, by Region, 2021-2031 (Revenue, $Million)
Table 10. Metal Cutting Gas Market for Propane, by Region, 2021-2031 (Volume, Kiloton)
Table 11. Metal Cutting Gas Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 12. Metal Cutting Gas Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 13. Global Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 14. Global Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 15. Metal Cutting Gas Market for Automotive, by Region, 2021-2031 (Revenue, $Million)
Table 16. Metal Cutting Gas Market for Automotive, by Region, 2021-2031 (Volume, Kiloton)
Table 17. Metal Cutting Gas Market for Aerospace, by Region, 2021-2031 (Revenue, $Million)
Table 18. Metal Cutting Gas Market for Aerospace, by Region, 2021-2031 (Volume, Kiloton)
Table 19. Metal Cutting Gas Market for Building and Construction, by Region, 2021-2031 (Revenue, $Million)
Table 20. Metal Cutting Gas Market for Building and Construction, by Region, 2021-2031 (Volume, Kiloton)
Table 21. Metal Cutting Gas Market for Metal and Metal Fabrication, by Region, 2021-2031 (Revenue, $Million)
Table 22. Metal Cutting Gas Market for Metal and Metal Fabrication, by Region, 2021-2031 (Volume, Kiloton)
Table 23. Metal Cutting Gas Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 24. Metal Cutting Gas Market for Others, by Region, 2021-2031 (Volume, Kiloton)
Table 25. Metal Cutting Gas Market, by Region, 2021-2031 (Revenue, $Million)
Table 26. Metal Cutting Gas Market, by Region, 2021-2031 (Volume, Kiloton)
Table 27. North America Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 28. North America Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 29. North America Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 30. North America Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 31. North America Metal Cutting Gas Market, by Country, 2021-2031 (Revenue, $Million)
Table 32. North America Metal Cutting Gas Market, by Country, 2021-2031 (Volume, Kiloton)
Table 33. U.S. Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 34. U.S. Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 35. U.S. Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 36. U.S. Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 37. Canada Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 38. Canada Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 39. Canada Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 40. Canada Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 41. Mexico Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 42. Mexico Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 43. Mexico Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 44. Mexico Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 45. Europe Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 46. Europe Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 47. Europe Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 48. Europe Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 49. Europe Metal Cutting Gas Market, by Country, 2021-2031 (Revenue, $Million)
Table 50. Europe Metal Cutting Gas Market, by Country, 2021-2031 (Volume, Kiloton)
Table 51. Germany Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 52. Germany Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 53. Germany Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 54. Germany Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 55. UK Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 56. UK Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 57. UK Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 58. UK Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 59. France Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 60. France Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 61. France Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 62. France Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 63. Spain Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 64. Spain Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 65. Spain Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 66. Spain Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 67. Italy Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 68. Italy Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 69. Italy Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 70. Italy Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 71. Rest of Europe Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 72. Rest of Europe Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 73. Rest of Europe Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 74. Rest of Europe Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 75. Asia-Pacific Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 76. Asia-Pacific Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 77. Asia-Pacific Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 78. Asia-Pacific Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 79. Asia-Pacific Metal Cutting Gas Market, by Country, 2021-2031 (Revenue, $Million)
Table 80. Asia-Pacific Metal Cutting Gas Market, by Country, 2021-2031 (Volume, Kiloton)
Table 81. China Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 82. China Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 83. China Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 84. China Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 85. Japan Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 86. Japan Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 87. Japan Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 88. Japan Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 89. India Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 90. India Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 91. India Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 92. India Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 93. South Korea Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 94. South Korea Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 95. South Korea Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 96. South Korea Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 97. Australia Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 98. Australia Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 99. Australia Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 100. Australia Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 101. Rest of Asia-Pacific Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 102. Rest of Asia-Pacific Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 103. Rest of Asia-Pacific Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 104. Rest of Asia-Pacific Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 105. LAMEA Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 106. LAMEA Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 107. LAMEA Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 108. LAMEA Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 109. LAMEA Metal Cutting Gas Market, by Country, 2021-2031 (Revenue, $Million)
Table 110. LAMEA Metal Cutting Gas Market, by Country, 2021-2031 (Volume, Kiloton)
Table 111. Brazil Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 112. Brazil Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 113. Brazil Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 114. Brazil Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 115. Saudi Arabia Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 116. Saudi Arabia Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 117. Saudi Arabia Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 118. Saudi Arabia Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 119. South Africa Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 120. South Africa Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 121. South Africa Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 122. South Africa Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 123. Rest of LAMEA Metal Cutting Gas Market, by Gas Type, 2021-2031 (Revenue, $Million)
Table 124. Rest of LAMEA Metal Cutting Gas Market, by Gas Type, 2021-2031 (Volume, Kiloton)
Table 125. Rest of LAMEA Metal Cutting Gas Market, by End Use, 2021-2031 (Revenue, $Million)
Table 126. Rest of LAMEA Metal Cutting Gas Market, by End Use, 2021-2031 (Volume, Kiloton)
Table 127. Ador Welding Limited: Key Executives
Table 128. Ador Welding Limited: Company Snapshot
Table 129. Ador Welding Limited: Product Segments
Table 130. Ador Welding Limited: Product Portfolio
Table 131. Bharat Petroleum Corporation Limited: Key Executives
Table 132. Bharat Petroleum Corporation Limited: Company Snapshot
Table 133. Bharat Petroleum Corporation Limited: Product Segments
Table 134. Bharat Petroleum Corporation Limited: Product Portfolio
Table 135. Brothers Gas: Key Executives
Table 136. Brothers Gas: Company Snapshot
Table 137. Brothers Gas: Product Segments
Table 138. Brothers Gas: Product Portfolio
Table 139. Esab: Key Executives
Table 140. Esab: Company Snapshot
Table 141. Esab: Product Segments
Table 142. Esab: Product Portfolio
Table 143. Haco: Key Executives
Table 144. Haco: Company Snapshot
Table 145. Haco: Product Segments
Table 146. Haco: Product Portfolio
Table 147. Hornet Cutting Systems: Key Executives
Table 148. Hornet Cutting Systems: Company Snapshot
Table 149. Hornet Cutting Systems: Product Segments
Table 150. Hornet Cutting Systems: Product Portfolio
Table 151. Hornet Cutting Systems: Key Stratergies
Table 152. Indian Oil Corporation Ltd: Key Executives
Table 153. Indian Oil Corporation Ltd: Company Snapshot
Table 154. Indian Oil Corporation Ltd: Product Segments
Table 155. Indian Oil Corporation Ltd: Product Portfolio
Table 156. Levstal: Key Executives
Table 157. Levstal: Company Snapshot
Table 158. Levstal: Product Segments
Table 159. Levstal: Product Portfolio
Table 160. Nissan Tanaka Corporation: Key Executives
Table 161. Nissan Tanaka Corporation: Company Snapshot
Table 162. Nissan Tanaka Corporation: Product Segments
Table 163. Nissan Tanaka Corporation: Product Portfolio
Table 164. Totalenergies Se: Key Executives
Table 165. Totalenergies Se: Company Snapshot
Table 166. Totalenergies Se: Service Segments
Table 167. Totalenergies Se: Product Portfolio
Table 168. Totalenergies Se: Key Stratergies
List of Figures
Figure 01. Metal Cutting Gas Market, 2021-2031
Figure 02. Segmentation of Metal Cutting Gas Market, 2021-2031
Figure 03. Top Investment Pockets in Metal Cutting Gas Market (2022-2031)
Figure 04. Moderate Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. High Threat of Substitutes
Figure 07. Moderate Threat of New Entrants
Figure 08. High Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: Globalmetal Cutting Gas Market
Figure 10. Patent Analysis by Company
Figure 11. Patent Analysis by Country
Figure 12. Pricing Analysis: Metal Cutting Gas Market 2021 and 2031
Figure 13. Value Chain Analysis: Metal Cutting Gas Market
Figure 14. Metal Cutting Gas Market, by Gas Type, 2021 (%)
Figure 15. Comparative Share Analysis of Metal Cutting Gas Market for Acetylene, by Country 2021-2031 (%)
Figure 16. Comparative Share Analysis of Metal Cutting Gas Market for Propylene, by Country 2021-2031 (%)
Figure 17. Comparative Share Analysis of Metal Cutting Gas Market for Natural Gas, by Country 2021-2031 (%)
Figure 18. Comparative Share Analysis of Metal Cutting Gas Market for Propane, by Country 2021-2031 (%)
Figure 19. Comparative Share Analysis of Metal Cutting Gas Market for Others, by Country 2021-2031 (%)
Figure 20. Metal Cutting Gas Market, by End Use, 2021 (%)
Figure 21. Comparative Share Analysis of Metal Cutting Gas Market for Automotive, by Country 2021-2031 (%)
Figure 22. Comparative Share Analysis of Metal Cutting Gas Market for Aerospace, by Country 2021-2031 (%)
Figure 23. Comparative Share Analysis of Metal Cutting Gas Market for Building and Construction, by Country 2021-2031 (%)
Figure 24. Comparative Share Analysis of Metal Cutting Gas Market for Metal and Metal Fabrication, by Country 2021-2031 (%)
Figure 25. Comparative Share Analysis of Metal Cutting Gas Market for Others, by Country 2021-2031 (%)
Figure 26. Metal Cutting Gas Market by Region, 2021
Figure 27. U.S. Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 28. Canada Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 29. Mexico Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 30. Germany Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 31. UK Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 32. France Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 33. Spain Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 34. Italy Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 36. China Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 37. Japan Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 38. India Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 39. South Korea Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 40. Australia Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 41. Rest of Asia-Pacific Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 42. Brazil Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 43. Saudi Arabia Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 44. South Africa Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 45. Rest of LAMEA Metal Cutting Gas Market, 2021-2031 ($Million)
Figure 46. Top Winning Strategies, by Year
Figure 47. Top Winning Strategies, by Development
Figure 48. Top Winning Strategies, by Company
Figure 49. Product Mapping of Top 10 Players
Figure 50. Competitive Dashboard
Figure 51. Competitive Heatmap: Metal Cutting Gas Market
Figure 52. Top Player Positioning, 2021
Figure 53. Ador Welding Limited: Net Revenue, 2020-2022 ($Million)
Figure 54. Ador Welding Limited: Revenue Share by Segment, 2022 (%)
Figure 55. Ador Welding Limited: Revenue Share by Region, 2022 (%)
Figure 56. Bharat Petroleum Corporation Limited: Net Revenue, 2020-2022 ($Million)
Figure 57. Bharat Petroleum Corporation Limited: Research & Development Expenditure, 2020-2022
Figure 58. Bharat Petroleum Corporation Limited: Revenue Share by Segment, 2022 (%)
Figure 59. Esab: Net Revenue, 2020-2022 ($Million)
Figure 60. Indian Oil Corporation Ltd: Net Revenue, 2020-2022 ($Million)
Figure 61. Indian Oil Corporation Ltd: Revenue Share by Segment, 2022 (%)
Figure 62. Totalenergies Se: Net Sales, 2019-2021 ($Million)
Figure 63. Totalenergies Se: Revenue Share by Segment, 2021 (%)

Executive Summary

According to the report titled, “Metal Cutting Gas Market," The metal cutting gas market was valued at $2.7 billion in 2021, and is estimated to reach $4 billion by 2031, growing at a CAGR of 4.2% from 2022 to 2031.

Metal cutting gas is a flame of fuel gas such as acetylene, propane, propylene, natural gases, and others. Steam of oxygen is injected around the flame which burns the steel and ejects the oxide as dross. Metal cutting gases possess temperature variation during welding and cutting process of metal.  Metal cutting torch is handheld or it is mounted on a mechanized carriage While cutting the metals. Metal cutting gases have a wide range of applications in various end use industries such as automotive, aerospace, building and construction, metal fabrication, and others.   
The welding and cutting industry witnesses high growth potential due to growing demand from various end-use sectors such as building and construction, steel processing, automotive, aerospace, and others. Metal-cutting gases such as ethyne, acetylene, propane, and other gases are extensively used in metal-cutting processes to attain greater efficiency and reduce costs. In addition, the growing building and construction industry and the rise in the production of metal have spurred the metal manufacturing industry. For instance, an article published by India Brand Equity Foundation in November 2022, As of April 2022, India was the world's second-largest producer of crude steel, with an output of 10.14 MT. In FY22, the production of crude steel and finished steel stood at 133.596 MT and 120.01 MT, respectively. This factor is anticipated to drive the potential sales of the metal cutting gas market.  
Technological upgradation and changing prices of metals are expected to act as a challenging factor for the metal-cutting gas market. In addition, the high production cost for metal-cutting setup and expensive metal-cutting gases is expected to hamper the market. For instance, data published by FuelSnap in February 2021, propylene gas is more expensive than heating oil due to which manufacturers are switching to an alternative solution for metal-cutting gases.  Habitual exposure to metal-cutting gases in the metal fabrication industry will have adverse effects on the workers. In addition, inhalation of small particles of gases will lead to getting cancer, heart, and lung disease, premature death, and others. This factors are expected to hamper the overall market growth in the coming years.

Surge in population has led the building & construction sector to witness significant growth which has further enhanced the performance of the metal-cutting gas industry. For instance, according to a report published by the International Trade Administration, China’s construction industry is projected to grow at an annual average rate of 8.6% from 2022 to 2030. Propylene metal cutting gas has a huge scope in the building and construction industry. Where propylene is widely used for making metal structures, cladding, roofing, window frames, plumbing, heating equipment, and others. This is expected to act as one of the key drivers responsible for the market growth; thus, offering most lucrative opportuntiies.

Dometic availability of raw material such as iron ore, and cheap labor cost in the countries such as China, India, and South Africa has surged the growth of the metal manufacturing industry. In addition, increase in the demand for metal in the U.S., has enhanced the performance of metal industry. For instance, according to a document published by Atradius company in September 2022, after a remarkably high growth rate in 2021, US metals and steel output is expected to increase by about 5% in 2022, which is driven by ongoing robust demand, from residential construction, aerospace, transportation, and engineering sectors. This factor is projected to fuel the demand for metal cutting gases.

The metal cutting gas market is segmented on the basis of gas type, end-use, and region. On the basis of gas type, the market is categorized into acetylene, propylene, natural gas, propane, and others. On the basis of end use industry, it is divided into automotive, aerospace, building and construction, metal and metal fabrication, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.  

Key Findings of the Study

In 2021, the acetylene segment was the largest revenue generator, and is anticipated to grow at a CAGR of 4.5% during the forecast period.

In 2021, the metal and metal fabrication end use segment was the largest revenue generator, and is anticipated to grow at a CAGR of 4.1% during the forecast period.

The Asia-Pacific metal cutting gas market size is projected to grow at the highest CAGR of 4.6% during the forecast period and accounted for 48% of metal cutting gas market share in 2021.

The global metal cutting gas market profiles leading players that include Ador Welding Limited, Bharat Petroleum Corporation Limited, Brothers Gas, ESAB, HACO, Hornet Cutting Systems, Indian Oil Corporation Ltd, LEVSTAL, NISSAN TANAKA CORPORATION, and TotalEnergies. The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics.

Companies Mentioned

  • esab
  • TotalEnergies SE
  • Hornet Cutting Systems
  • Ador Welding Limited
  • Bharat Petroleum Corporation Limited
  • LEVSTAL
  • NISSAN TANAKA CORPORATION
  • Indian Oil Corporation Ltd
  • haco
  • brothers gas

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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