Press release
Industrial Gases Market is expected to reach a value of USD 7.53 billion by 2029, exhibiting a remarkable Compound Annual Growth Rate (CAGR) of 11.32% during the forecast period.
Industrial Gases Market Report Scope and Research MethodologyMaximize Market Research Pvt. Ltd., a leading market research company based in Pune, India, has released a detailed market research report on the Global Industrial Gases Market.
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The report delves into the segmentation of the industrial gases market based on types, such as nitrogen, argon, oxygen, hydrogen, carbon dioxide, and others. In 2021, the oxygen segment dominated the market, driven by its use in various applications, including medical uses during the pandemic.
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What are Industrial Gases Market Dynamics?
Industrial gases, including nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium, and acetylene, play a crucial role in various industries, such as petrochemicals, chemicals, oil and gas, power, mining, steelmaking, environmental protection, medicine, pharmaceuticals, food, and more. The market encompasses not only the production of these gases but also the supply of equipment and technologies for their production and utilization.
Surging Consumption in the Oil & Gas Industry: The increasing demand for industrial gases is closely linked to the oil and gas industry, where these gases are utilized in various critical operations. The expansion of the oil and gas sector is expected to drive demand for industrial gases significantly.
Growing Applications: Urbanization and industrialization in countries like China, the United States, Germany, and others have led to the development of new facilities, spurring the demand for industrial gases in manufacturing and processing sectors.
Capital Appreciation: Increasing public and private investments across multiple industries, including metallurgy, food and beverage, and mining, are expected to boost the global industrial gases market. Emerging economies like China and India are attracting new investment opportunities.
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What is Industrial Gases Market Regional Insight?
The Asia Pacific region led the global industrial gases market in 2021, with China playing a significant role in consumption. India is expected to experience rapid growth in the market, particularly in the iron and steel sector.
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What is Industrial Gases Market Segmentation?
by Type
• Oxygen
• Nitrogen
• Hydrogen
• Argon
• Carbon Dioxide
• Other gases
by Application
• Cryogenics
• Coolant
• Cutting and Welding
• Food Processing
• Rubber
• Plastics
• Paints
• Others
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Who are Industrial Gases Market Key Players?
• AGA AB
• Airgas
• Air Liquide
• Air Products and Chemicals
• BASF SE
• BOC
• Gulf Cryo
• The Linde Group
• Messer Group
• MOX-Linde Gases
• Praxair
• Nippon Gases
• Matheson Tri-Gas
• Rotarex
• Universal Industrial Gases
• Dubai Industrial Gases
• Bristol Gases
• Others
Table of content for the Industrial Gases Market includes:
Global Industrial Gases Market: Research Methodology
Global Industrial Gases Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Industrial Gases Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
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