Industrial
gases are extensively utilized in various end-use industries such as metal and
metallurgy, healthcare, chemicals, automotive, aerospace, food and beverages
and others. Metal manufacturing activities have increased exponentially in the
last few years. With rapid adoption of advanced technologies and new techniques
by the manufacturers for steel production, there has been a significant rise in
the demand for oxygen. Adoption of gas metal arc welding process by
manufacturers in order to improve the quality and productivity is one of the
major factors that are driving the global industrial gases market towards
higher verticals
The
development of cryogenic technologies such as air separation and hydrogen
reforming technologies are acting as the cornerstone for the expansion of
industrial gases market, globally. Utilization of industrial gases for
packaging and other purposes in food and beverages industry and high demand or
gases such as argon and oxygen for metal fabrication purposes in the automotive
and aerospace industries are resulting in the significant growth of the global
industrial gases market.
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Players
Covered
Air
Liquide S.A., Asia Technical Gas Co (PTE) LTD (ATG), Taiyo Nippon Sanso
Corporation, Linde AG, Dubai Industrial Gases, MATHESON Tri-Gas Inc., National
Industrial Gas Plants - Mohammed Hamad Al Mana Group, Tripti Gases Pvt.
Limited, Ellenbarrie Industrial Gases Ltd., Gulf Cryo,
Messer
Group GmbH, Bhuruka Gases Ltd., Goyal MG Gases Pvt. Ltd, Airgas Inc., Bristol
Gases – Concorde Corodex Group, BASF, Air Products and Chemicals Inc., Cryotech
Anlagebau GmbH,
The
Southern Gas Ltd., India Glycols Ltd., Praxair Inc., Yateem Oxygen, SICGIL
India Limited,
Buzwair
Industrial Gases Factory, Air Products, Abdullah Hashim Industrial Gases &
Equipment Co. Ltd., Mohsin Haider Darwish LLC, and Ellenbarrie Industrial Gases
Ltd.
The
report provides insights on the leading market players and evaluates their
current market share. Company information, growth strategies, new product
launch, segmental share, geographical presence, covering annual revenue,
SWOT, M&A activities, and the latest R&D initiatives is also
available in the report.
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Market
Segmentation:
The
global industrial gas market has been segmented on the basis of gas type and
application. Based on gas type, the industrial gases market has been segmented
into oxygen, helium, nitrogen, hydrogen, carbon dioxide, acetylene, argon and
others.
Based
on application, the industrial gases market has been segmented into healthcare,
metal and metallurgy, pharma and biotech, chemicals, automotive and aerospace,
electronics, pulp and paper, food and beverages and others.
Regional Analysis:
The
region-wise analysis of the global industrial gases market includes four major
regions such as Asia Pacific, North America, Europe and the rest of the world.
The
industrial gases market in the North America region is majorly driven by the
high demand for industrial gases in rapidly developing automotive and
construction industries in this region. The industrial gases market in the Asia
Pacific region is expanding at a significant growth rate owing to the increased
production activities for the export of industrial gases and also due to
increasing use of basic oxygen furnace technology by major metal and metallurgy
companies which is increasing the consumption of industrial gases in this
region. Rise in production capacity of various end-use industries such as
chemicals, metals, food and beverages, healthcare and construction are inducing
high demand for industrial gases, which in turn is propelling the growth of
industrial gases market in the Europe region.
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