Hospital Gas Market 2020: Soaring Demand Assures Motivated Revenue Share by 2025 | Analysis by Air Liquide, Praxair, Air Products, Linde Healthcare

Global Hospital Gas Market Synopsis:

The exclusive research report on the Global Hospital Gas Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Hospital Gas Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

The Global Hospital Gas Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Hospital Gas market size to maintain the average annual growth rate of 0.0415676684117 from USD 7350.0 Million in 2014 to USD 9010.0 Million in 2019, market analysts believe that in the next few years, Hospital Gas market size will be further expanded, we expect that by 2025, The market size of the Hospital Gas will reach USD 12600.0 Million.

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The most important key factors driving the growth of the Global Hospital Gas Market are rapid growth in incidence of chronic diseases, growing number of industry-friendly safety initiatives undertaken by the government, implementation of U.S. FDA safety and innovation act, growing base of geriatric population, and increasing demand for home healthcare and point of care products.

Regionally, North America and Europe holds major share in Global Hospital Gas Market. Moreover, Asia-Pacific is expected to record higher growth rate in Hospital Gas market during the forecast year.

Top Major Key Players in the Global Hospital Gas Market:

1 Air Liquide

2 Praxair

3 Air Products

4 Linde Healthcare

5 TNSC (MATHESON) and  More………………..

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Product Type Segmentation

1 Oxygen

2 Nitrous Oxide

3 Medical Air

Industry Segmentation

1 Hospitals & Clinics

2 Home Healthcare

3 Universities & Research Institutions

4 Pharmaceutical & Biotechnology Industries

Global Business News:

Air Products (March 30, 2020) - Air Products Signs Agreements to Acquire Five Operating Hydrogen Plants for $530 Million and Long-Term Hydrogen Supply to PBF Energy - Air Products (NYSE: APD) today announced it has signed agreements with PBF Energy Inc. (NYSE: PBF) that include the $530 million purchase of five hydrogen steam methane reformer (SMR) hydrogen production plants and the long-term supply of hydrogen from those already operating plants to PBF refineries. The SMRs, with a combined nearly 300 million standard cubic feet per day of production capacity, are located in Torrance and Martinez, California and Delaware City, Delaware. The deal is targeted to close during the third quarter of Air Products’ 2020 fiscal year.

“Air Products has a very strong balance sheet. This puts us in an outstanding financial position to execute our strategy of investing in long-term onsite deals, which includes asset acquisitions like the one we are announcing today. With this acquisition, not only do we gain five SMR plants, but we also secure a long-term hydrogen sale of gas agreement with an existing customer who is one of the largest independent refiners in North America,” said Seifi Ghasemi, Chairman, President and Chief Executive Officer at Air Products.

PBF Energy Chairman and Chief Executive Officer Thomas Nimbley said, “PBF is excited about expanding our long-standing relationship with Air Products. We are pleased to partner with a global leader in the industrial gas business and ensuring that our facilities continue to be supplied by a premier provider.”

Air Products is known as a leader in the supply of hydrogen to refineries in order to make cleaner burning transportation fuels. Hydrogen is widely used in petroleum refining processes to remove impurities found in crude oil such as sulphur, olefins and aromatics to meet product fuels specifications. Removing these components allows gasoline and diesel to burn cleaner and thus makes hydrogen a critical component in the production of cleaner fuels needed by modern, efficient internal combustion engines.

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Major Points in Table of Contents:

Global Hospital Gas Market Report 2020

1 Hospital Gas Product Definition

2 Global Hospital Gas Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Hospital Gas Shipments

2.2 Global Manufacturer Hospital Gas Business Revenue

2.3 Global Hospital Gas Market Overview

3 Manufacturer Hospital Gas Business Introduction

3.1 Air Liquide Hospital Gas Business Introduction

3.2 Praxair Hospital Gas Business Introduction

3.3 Air Products Hospital Gas Business Introduction

3.4 Linde Healthcare Hospital Gas Business Introduction

3.5 TNSC (MATHESON) Hospital Gas Business Introduction

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