Press release
Industrial Gas Regulator Market: Insights into the Competitive Scenario of the Market
The primary factor driving the global industrial gas regulator market is the growing demand for industrial gases for power generation and for the operating of industrial units. Several governments around the world are promoting the use of natural gas in place of conventional fossil fuel to curb CO2 emissions.
Preview Report @ https://www.transparencymarketresearch.com/industrial-gas-regulators-market.html
As per estimates presented by a report by Transparency Market Research, the global industrial gas regulator market will expand at a CAGR of 3.11% for the forecast period between 2017 and 2025, for the market to be evaluated at US$18,240 mn by the end of 2025. The market stood at a valuation of US$13,783.7 mn in 2016.
Oil and Gas Application Segment to hold Dominance through 2025
The report studies the global industrial gas regulator market on the basis of application, gas type, regulator type, and region. In terms of application, the report segments the global industrial gas regulators market into oil and gas, steel and metal processing, chemicals, pharmaceuticals, food and beverages, and others.
Amongst all, the segment of oil and gas is anticipated to display the leading CAGR of 3.17% over the forecast period between 2017 and 2025 and is projected to account for the leading revenue contribution by the end of 2025 end. Volume-wise, the oil and gas segment held the leading 43.5% market share in 2016, and is anticipated to expand at a significant 4.86% CAGR between 2017 and 2025.
Get PDF Sample of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14219
On the basis of regulator type, the segments of this market are single stage and dual stage. Vis-à-vis volume, the segment of dual stage industrial regulator is likely to hold 31.8% market share until the end of the forecast period in 2025. This is mainly because of ease of operating dual stage regulators.
Based on gas type, the market has been divided into inert, toxic, and corrosive. In 2016, inert segment accounted for the leading revenue contribution on the back of ever-increasing demand for inert gas across industries. The inert segment is expected to rise at the leading 3.28% CAGR for the 2017-2025 forecast period.
Increasing Use of Natural Gas as Industrial Fuel Catapults Growth in Asia Pacific
In terms of geography, the report studies the global industrial gas regulator market across North America, Asia Pacific, Europe, South America, and the Middle East & Africa. In 2016, North America stood as the leading revenue generating region followed by Europe. In the years ahead too, these regions are expected to maintain their dominant positions.
Download TOC@ https://www.transparencymarketresearch.com/report-toc/14219
However, Asia Pacific is expected to display the leading CAGR between 2017 and 2025 on account of the rising demand for natural gas for power generation and industrial units. The growth in the region is largely driven by massive production and consumption of acetylene gas in China.
The South America industrial gas regulators market will expand at a meagre 2.2% CAGR between 2017 and 2025. Key participants in the gas equipment sector are engaged in developing innovative products and are showcasing them at industry events.
Emerson Electric Co., GCE Group, Honeywell Process Solutions, Air Products and Chemicals Inc., Rotarex S.A., Air Liquide S.A., Praxair Technology Inc., The Linde Group, and Cavagna Group S.p.A are the leading companies that operate in the global industrial gas regulator market.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Gas Regulator Market: Insights into the Competitive Scenario of the Market here
News-ID: 1183826 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
