Industrial Gas Market Competitive Landscape 2027 - Lead by Advanced Specialty Gases, Air Liquide S.A., Airgas, BASF SE, Messer Group GmbH, Praxair, Taiyo Nippon Sanso, The Linde Group and Welsco
Industrial gases are often liquefied gases which are used in industrial purposes. Industrial gases are nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium, and acetylene, etc. Usually, an air separation process is applied to separate nitrogen, argon, and oxygen gases, these gases are also produced as a cryogenic liquid. Steam reforming processes are used for the production of hydrogen, carbon dioxide, and carbon monoxide.
These industrial gases are used for different application such as fuels space rockets, steel welding process, refines crude oil, cleaner combustion, fermentation, food preservation, and amongst others. Industries like healthcare, food, and beverage, chemical, electronics have wide usage of industrial gases.
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Top Leading Market Players:
1. Advanced Specialty Gases Inc.
2. Air Liquide S.A.
3. Air Products and Chemicals, Inc.
4. Airgas Inc.
5. BASF SE
6. Messer Group GmbH
7. Praxair Inc.
8. Taiyo Nippon Sanso Corporation
9. The Linde Group
10. Welsco Inc.
The growing demand for industrial gases for different industries such as chemicals, oil & gas will drive the demand for the industrial gas market. Additionally, increasing demand for the industrial gases in metal manufacturing will further propel the demand for the industrial gas market. Predominantly, the high cost for the transportation and adverse environmental effect of industrial gases may hamper the industrial gas market. However, the growing demand for industrial gases from metallurgy and manufacture sector will create an opportunity for the industrial gas market.
Key Benefits :
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Industrial Gas Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
Market Segmentation :
The industrial gas market is segmented on the basis of type, end-use, storage & transportation, function. On the basis of type, the industrial gas market is segmented into, oxygen, nitrogen, carbon dioxide, argon, others. On the basis of end-use, the industrial gas market is segmented into, chemical processing & chemical refining, metal manufacturing & fabrication, healthcare, food & beverages, electronics, energy, others. On the basis of storage & transportation, the industrial gas market is segmented into, tonnage distribution, merchant liquid distribution, cylinder & packaged gas distribution. On the basis of function, the industrial gas market is segmented into, coolant, intermediate, insulator, others.
Regional Framework :
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the industrial gas market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial gas market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the industrial gas market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial gas market in these regions.
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What our report offers:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Industrial Gas Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Industrial Gas, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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