Industrial gas is a generic term for gases (liquefied gases) used widely in all industries for raw materials and intermediate materials in the manufacturing industry, or for quality improvement, energy saving and the safety in manufacturing processes. This does not include city gas (coal gas for domestic use) and LP gas that are mainly used for household energy. Medical gases used in hospitals are included among industrial gases.
Industrial gases are used in a variety of purity grades and for a wide range of purposes, including food gases and medical gases. Industrial gases can make production processes safer and more cost-effective and improve product quality. They often contribute to environmental protection. Some processes and applications would even be inconceivable without the chemical properties of gases.
Industrial Gases market size was US$ 62710 million and it is expected to reach US$ 72150 million by the end of 2027, with a CAGR of 2% during 2021-2027.
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The major companies include:
- Linde Group
- Air Liquide
- Praxair
- Air Products and Chemicals
- Taiyo Nippon Sanso
- Air Water
- Airgas
- Messer
- Yingde Gases
Segment by Type, the Industrial Gases market is segmented into
- Atmospheric Gas
- Process Gas
- Others
Segment by Application, the Industrial Gases market is segmented into
- Manufacturing
- Chemical & Energy
- Metals
- Healthcare
- Electronics
- Food & Beverage
- Others
A full report of Global Industrial Gases Market is available at: https://www.orionmarketreports.com/industrial-gas-market/39678/
Scope of the Report
The research study analyzes the global Industrial Gases industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Industrial Gases Market Report
1. What was the Industrial Gases Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Industrial Gases Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Industrial Gases Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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