The global Industrial Gas market is expected to be around US$ 129 Billion by 2027 at a CAGR of 7.5% in the given forecast period.
Industrial gases belong to a special category of chemicals that caters to a large array of applications in many finish use industries. Major gases classified beneath industrial gases embrace region gases (nitrogen, gas and argon), elemental gases (hydrogen, Cl and fluorine), noble gases (helium, neon, noble gas and krypton) and alternative gases (acetylene and ammonia). These gases is also distributed to the end-use industries within the type of processed gases and liquefied gases in gas caskets and gas tankers. These gases square measure typically made from refrigerant distillation of air through air separation units (ASU). A number of the industries have collaborated with major industrial gas licensors and makers for captive production of those gases among their plant premises. Industrial gases realize applications in numerous end-use industries that embrace oil & gas, chemical, medical, cryogenics, laboratory, metallurgy, food process and packaging, water treatment, metal cutting and fastening and semiconductor industries among many others.
Increasing application of gas blanketing and physical science in chemical industries and refineries are the key drivers for the economic gas market throughout the previous couple of decades. Escalating demand of medical grade gases for health care and medical trade because of the growth of medical facilities globally to boot, with the increasing applications of liquefied gases like LNG, N, gas and dioxide in many end-use industries has for the most part junction rectifier to the growth of scope of business gases. Capability growths plus rising innovative technologies like molecular sieve separation has created vast opportunities for the market and is predicted to drive the market expansion for future six years. However, the market growth is also restrained by the increasing environmental rules associated with the manufacture and use of business gases couple with high price of transportation and storage related to these gases.
Market Insights
The global Industrial Gas market is segregated on the basis of Type as Nitrogen, Oxygen, Argon, Hydrogen, and Carbon Dioxide. Based on Mode of Distribution the global Industrial Gas market is segmented in Bulk, Tonnage, and Packaged. Based on Application the global Industrial Gas market is segmented in Metal Production, Automotive, Chemical & Petrochemical, Healthcare & Pharmaceuticals, Food and Beverages, Metal Fabrication, and Others.
The global Industrial Gas market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Industrial Gas market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Air Liquide S.A., The Linde Group, Praxair, Inc., Air Products and Chemicals Inc., Mitsubishi Chemical Holdings Corporation, Yingde Gases Company Group Limited, Basf SE, SOL Group, HyGear, Iceblick Ltd, and others are among the major players in the global Industrial Gas market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Industrial Gas Market has been segmented as below:
Industrial Gas Market, By Type
Industrial Gas Market, By Mode of Distribution
Industrial Gas Market, By Application
Industrial Gas Market, By Region
Industrial Gas Market, By Company
The report covers:
Report Scope:
The global Industrial Gas market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Industrial Gas market share. Major industry players with significant revenue share include Air Liquide S.A., The Linde Group, Praxair, Inc., Air Products and Chemicals Inc., Mitsubishi Chemical Holdings Corporation, Yingde Gases Company Group Limited, Basf SE, SOL Group, HyGear, Iceblick Ltd, and others.
Reasons to Buy this Report:
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports
Airway Management Equipment Market
Advanced Batteries and Fuel Cells Market
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Industrial Gas Market, By Type
5.1 Introduction
5.2 Nitrogen
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Oxygen
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Argon
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Hydrogen
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Carbon Dioxide
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6. Industrial Gas Market, By Mode of Distribution
6.1 Introduction
6.2 Bulk
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Tonnage
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Packaged
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Industrial Gas Market, By Application
7.1 Introduction
7.2 Metal Production
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Automotive
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Chemical & Petrochemical
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Healthcare & Pharmaceuticals
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Food and Beverages
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Metal Fabrication
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Others
7.8.1 Market Overview
7.8.2 Market Size and Forecast
8. Industrial Gas Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Industrial Gas, By Type
8.2.2 North America Industrial Gas, By Mode of Distribution
8.2.3 North America Industrial Gas, By Application
8.3 Europe
8.3.1 Europe Industrial Gas, By Type
8.3.2 Europe Industrial Gas, By Mode of Distribution
8.3.3 Europe Industrial Gas, By Application
8.4 Asia-Pacific
8.4.1 Asia-Pacific Industrial Gas, By Type
8.4.2 Asia-Pacific Industrial Gas, By Mode of Distribution
8.4.3 Asia-Pacific Industrial Gas, By Application
8.5 Rest of the World
8.5.1 Rest of the World Industrial Gas, By Type
8.5.2 Rest of the World Industrial Gas, By Mode of Distribution
8.5.3 Rest of the World Industrial Gas, By Application
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Air Liquide S.A.
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 The Linde Group
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Praxair, Inc.
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Air Products and Chemicals Inc.
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Mitsubishi Chemical Holdings Corporation
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Yingde Gases Company Group Limited
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Basf SE
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 SOL Group
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 HyGear
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Iceblick Ltd
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Industrial Gas Market has been segmented as below:
Industrial Gas Market, By Type
Industrial Gas Market, By Mode of Distribution
Industrial Gas Market, By Application
Industrial Gas Market, By Region
Industrial Gas Market, By Company
SUBSCRIBE TO OUR NEWSLETTERS
