Industrial Gases Market Insights:
Market Research
Future has published this report covering essential accruals based on the
latest trend, market valuation, estimated growth graph, growth pattern,
challenges, driving factors for market growth and regional shares distribution.
Global industrial gases market is recorded to grow exhibiting a higher CAGR of
by 2023 on account of rising demand filed from chemical & petrochemical,
metal fabrication & production, automobile, healthcare &
pharmaceuticals, and food & beverage industries and more.
Industrial gases
are defined to be specific gaseous materials that are produced for industrial
purposes. The most prominent are listed to be as oxygen, nitrogen, carbon
dioxide, helium, and hydrogen, although various other mixtures, which are also
manufactured and provided as gas cylinders. At times, several industries such
as steel, oil and gas, chemicals and petrochemicals, biotechnology, medicine,
environmental protection, and nuclear power require such customized gases.
Hence, the market for the same is feeding off the prosperity of each of them.
Leading Players:
The bulging
players that are operating in the global industrial gases market are listed as
Air Liquide S.A., Linde AG, Air Products, Praxair Inc., BASF, Gulf Cryo, Airgas
Inc., Air Products and Chemicals inc., Taiyo Nippon Sanso Corporation,
Ellenbarrie Industrial Gases Ltd., Messer Group GmbH, The Southern Gas Ltd.,
MATHESON Tri-Gas Inc., Cryotech Anlagebau GmbH, Abdullah Hashim Industrial
Gases & Equipment Co. Ltd., Mohsin Haider Darwish LLC, Bhuruka Gases Ltd.,
Asia Technical Gas Co (PTE) LTD (ATG), Buzwair Industrial Gases Factory,
Bristol Gases – Concorde Corodex Group, National Industrial Gas Plants -
Mohammed Hamad Al Mana Group, Yateem Oxygen, Dubai Industrial Gases, India
Glycols Ltd., Tripti Gases Pvt. Limited, SICGIL India Limited, Ellenbarrie
Industrial Gases Ltd., and Goyal MG Gases Pvt. Ltd.
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Complete Report @ https://www.marketresearchfuture.com/reports/industrial-gases-market-6508
Industrial Gases Market Segmentation:
According to the
reports published by MRFR, the global industrial gas market has been segmented
based on gas type and application.
By the mode of gas
type, the industrial gases market comprises of oxygen, helium, nitrogen,
hydrogen, carbon dioxide, acetylene, argon, and others.
By the mode of
application, the industrial gases market comprises of healthcare, metal and
metallurgy, pharma and biotech, chemicals, automotive and aerospace,
electronics, food and beverages and more.
Industrial Gases Regional Industry Outlook:
Region wise, the
global industrial gases market is analyzed in the regions namely 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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