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GCC Industrial Gases Market | Air Liquide, Air Products and Chemicals Inc., The Linde Group, Praxair Inc., Abdullah Hashim Industrial & Equipment Co. Ltd, Bristol Gases, Buzwair Industrial Gases factory, Dubai Industrial Gases, Gulf Cryo, Mohsin Haider Da

08-03-2021 03:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

GCC Industrial Gases Market

GCC Industrial Gases Market

Industrial gases are produced for industrial use to increase productivity and improve operational flexibility. Some of the industrial gases are oxygen, nitrogen, argon, helium, and hydrogen. Industrial gases play a crucial role in brazing, food processing, cutting, treating metals, refining, and welding. Industrial gases like nitrogen are used in light bulb production, tire inflation, mining, and food packaging applications. Moreover, nitrogen gas is also used in the pharmaceutical industry in the form of nitro oxide for the manufacturing of drugs.

Rise in the steel crude production in Iran, United Arab Emirates (UAE), Saudi Arabia and Qatar countries due to continuous investment in the construction industry is expected to accelerate the market growth of industrial gases. Moreover, growing innovation in welding, grinding, cutting, and tube machinery solutions are further expected to propel the market growth.

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Detailed Segmentation:

GCC Industrial Gases Market, By Gas Type:
Oxygen
Nitrogen
Helium
Acetylene
Argon
Hydrogen
Carbon Dioxide

GCC Industrial Gases Market, By Application:
Metals and Metallurgy
Medical & Healthcare
Welding & Metal Fabrication
Automotive & Aerospace
Electronics
Refining
Energy, Oil & Gas
Food & Beverage
Chemicals & Petrochemicals
Pulp & Paper
Pharmaceutical & Biotechnology
Other

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Growing demand for packaged food and beverage in the GCC region as it is a basic need for survival is expected to open new avenues for market growth. Changes in food consumption habits coupled with the growth in the food industry in the region are further expected to fuel the regional market growth over the forecast period.

The advent of advanced technology in the production of industrial gases coupled with the advancement in end-use applications is projected to create potential growth opportunities for a manufacturer to serve a large market with enhanced solutions in the region. This is expected to augment the growth of the GCC industrial gases.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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