openPR Logo
Press release

High Purity Gas Market Sluggish Growth Rate Foreseen by 2022-2028

11-29-2022 08:33 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

High Purity Gas Market Sluggish Growth Rate Foreseen

The global high purity gas market is anticipated to grow at a CAGR of 6.2% during the forecast period (2022-2028). The semiconductor industry is vast and continues to grow every year, which signifies the demand for high purity gases will grow alongside it. Having a supply of high purity gases is important to semiconductor manufacturing especially when it comes to advanced technologies used in the electronic sector such as smartphones, laptops, and the automotive sector such as self-driving cars. The process of producing integrated circuits is complex and requires various gasses throughout all the stages which demand the use of different gases. 

To Request a Sample of our High Purity Gas Market:  https://www.omrglobal.com/request-sample/high-purity-gas-market

Gases are major components of semiconductor manufacturing as gases create the chemical reactions and environment set-up needed to shape a semiconductor's electrical properties and to avoid the addition of impurities during the manufacturing process. Owing to its complexity and safety, the gases used are required to be precise and accurate at every stage of the manufacturing process to configure the semiconductor properly. As the semiconductor industry continues to grow, the demand for high purity gases continues to rise especially in North America and Asia Pacific region. High demand for such pure gas is pushing the major players to increase their capacities and global presence to meet the ever-growing demand thereby driving the high purity gas market globally. For instance, in February 2022, Linde, a high-purity gas producer and supplier company announced to supply high-purity industrial gases to semiconductor manufacturers in Singapore. The company will build, own and operate a state-of-the-art SPECTRA generator to produce ultra-high-purity nitrogen and oxygen for the customer's new multi-billion-dollar semiconductor fabrication plant. In August 2022, Japan's Sumitomo Company announced to expand its high-purity chemicals capacity in Japan to meet the demand for rising semiconductor manufacturing in the region.

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Product
By Function
By End-User Industry

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Praxair Inc. Air Products and Chemicals Inc., Air Liquide S.A., Linde plc, and Advanced Specialty Gases

A full Report of High Purity Gas Market is Available @  https://www.omrglobal.com/industry-reports/high-purity-gas-market

High Purity Gas Market Report by Segment

By Product

High Atmospheric Gases
Noble Gases
Carbon Gases
Others (Halogen, Chlorine, and Fluorine)

By Function

Insulation
Illumination
Cooling

By End-User Industry

Oil & Gas
Chemical
Electronics
Medical & Healthcare
Food & Beverage
Aerospace
Automotive
Others

High Purity Gas Market Report by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Advanced Specialty Gases Inc.
Airgas Inc.
Deluxe Industrial Gases
Gulf Cryo
Matheson Tri-Gas Inc.
Nexair LLC.
Praxair Inc.
Taiyo Nippon Sanso Corp.
Universal Industrial Gases, Inc.
Yingde Gases Group

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/high-purity-gas-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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 High Purity Gas Market Sluggish Growth Rate Foreseen by 2022-2028 here

News-ID: 2825663 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Gas

City Gas Distribution Market 2022 key developmental strategies implemented by th …
The City Gas Distribution report is an in-depth examination of the global City Gas Distribution's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global City Gas Distribution industry, as well as market segmentation, competition, and the macroeconomic climate. A complete City Gas Distribution analysis takes into account a number of aspects, including a country's population and business cycles, as
Know about City Gas Distribution Market Growth with Top Companies details like: …
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distribution
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059 City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This report
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondary
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwide