The acetylene segment held the highest market share in 2021, accounting for nearly two-fifths of the global metal cutting gas market, and is estimated to maintain its leadership status throughout the forecast period. This segment is projected to manifest the highest CAGR of 4.5% from 2022 to 2031. Among all other gases, acetylene can produce …
Tag Archives: Metal Cutting Gas Market
Metal Cutting Gas Market Size to Grow by USD 4.0 Billion, Asia-Pacific to be Largest Contributor to Industry Growth
According to the report, the global metal cutting gas industry generated $2.7 billion in 2021, and is anticipated to generate $4.0 billion by 2031, witnessing a CAGR of 4.2% from 2022 to 2031. The surge in population coupled with rapid urbanization has surged the growth of the construction sector in both developed and developing economies, …