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Industrial Gases Market 2018 Comprehensive Analysis with Key Players like Air Liquide, Airgas, The Linde Group, Praxair, Inc, Bhuruka gases ltd, Matheson Tri-Gas, Messer Group, Bristol Gases, Concorde-Corodex Group, Others - Forecast 2025
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Databridgemarketresearch.com adds “Industrial Gases Market 2018 Comprehensive Analysis with Key Players like Air Liquide, Airgas, The Linde Group, Praxair, Inc, Bhuruka gases ltd, Matheson Tri-Gas, Messer Group, Bristol Gases, Concorde-Corodex Group, Others - Forecast 2025” reports to its database.
This report provides in depth study of “Industrial Gases Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Industrial Gases Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
This report focuses on the Industrial Gases Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Global Industrial Gases Market development in North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa.
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Some of the major players operating in the global industrial gases market are –
Air Liquide S.A., Air Gass and Chemicals Inc., The Linde Group, Praxair Inc., Ellenbarrie Industrial Gases Ltd., India Glycols Ltd., The Southern Gas Ltd., Bhuruka Gases Ltd., Tripti Gases Pvt. Limited, SICGIL India Limited, Matheson Tri-Gas, Inc., Messer Group GmbH, Southern Industrial Gas Sdn Bhd, Abdullah Hashim Industrial Gases & Equipment Co. Ltd, Bristol Gases, Concorde Corodex Group, Buzwair Industrial Gases Factory, Dubai Industrial Gases, Gulf Cryo, Mohsin Haider Darwish LLC, National Industrial Gas Plants, Mohammed Hamad Al Mana Group, Yateem Oxygen, and many more.
Market Analysis: Global Industrial Gases Market
The global industrial gases market is expected to reach USD 128.52 billion by 2025, from USD 80.12 billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Industrial gases are naturally available in nature such as nitrogen, oxygen, argon, hydrogen, carbon dioxide and others. They are used in welding and for heating purposes. The use of these gases is growing in various industries like metal production, automotive, chemical & petrochemical, healthcare & pharmaceuticals, food & beverages, and metal fabrication, which is boosting the growth of the market. According to India Brand Equity Foundation, in 2017 production of passenger vehicles, commercial vehicles, three wheelers and two wheelers grew at 11.27% year on year from April to December to 21,415,719 vehicles. Moreover, the sales of passenger vehicles and two wheelers grew by 5.22% and 40.31% year on year respectively in December 2017. According to International Trade Association, U.S. light vehicle production reached almost 12 million passenger vehicles in 2016 and light vehicle sales was valued around 17.5 million units in 2016. Increasing demand in the automotive sector worldwide is one of the major factors for the growth of industrial gases.
Major Market Drivers and Restraints:
• Demand for metal manufacturing & fabrication
• Increasing investment in the automobile and aerospace sector
• Demand for high quality of oxygen for welding process
• Stringent regulations regarding safety
• Increasing environmental concerns
Competitive Analysis: Global Industrial Gases Market
The global industrial gases market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial gases market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation: Global Industrial Gases Market
Based on type:
• Mode of Distribution
• Geographical Segments
Based on type:
• Hydrogen and Carbon Dioxide
On the basis of mode of distribution:
On the basis of application:
• Metal Production
• Chemical & Petrochemical
• Healthcare & Pharmaceuticals
• Food And Beverages
• Metal Fabrication
Based on geography:
• North America
• South America
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Industrial Gases Market?
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