Specialty Gas Market is expected to grow at 8.2% through 2024 to 2030, as per Maximize Market Research

Specialty Gas Market size was valued at US$ 10.69 Bn in 2023 and the total revenue is expected to grow at 8.2% through 2024 to 2030, reaching nearly US$ 18.55 Bn.

Specialty Gas Market Overview

Specialty gases are instrumental in reducing costs, enhancing yields, and optimizing performance across various industries.

The growing demand for specialty gases is driven by industries such as manufacturing, electronics, healthcare, and automotive manufacturing.

Key drivers include increasing demand for specialty gases in the healthcare and electronics industries, especially in the manufacturing of integrated circuits, silicon wafers, and other electronic components.

The development of complex semiconductors has further fueled the use of specialty gases, replacing wet processes in semiconductor manufacturing and cleaning.

Challenges include structural and regulatory restrictions, such as government regulations and the availability of low-cost alternatives.

Innovation and technological advancements in specialty gas production are expected to create growth opportunities in the market.

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The regional analysis

Asia Pacific leads the global specialty gas market with over 24.4% revenue share in 2019, due to its thriving healthcare, manufacturing, and pharmaceutical industries.

Europe is projected to be the second-largest market, supported by facility establishment, technological advancements, rising disposable incomes, and government support for specialty gas production.

Recent News

1/10/2024 SK Group to Sell Semiconductor Specialty Gas Unit to Hahn & Company

12/7/2024 Hyosung to sell its specialty gas unit for $943 mn to Korean PEs

3/2/2024 Merck mulls increase in specialty gases, materials for Taiwanese chip firms

10/5/2024 White paper: The Semiconductor & Specialty Gas Challenge in Europe

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Specialty Gas Market Segmentation

by Type

High Purity
Noble
Carbon
Halogen
Others

by Application

Manufacturing
Electronics
Healthcare
Academics
Others

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Specialty Gas Market Key Players

1.The Linde Group

2.Air Liquide

3.Southern Industrial Gas Sdn Bhd

4.Air Products and Chemicals Inc.

5.Praxair Technology, Inc.

6.Showa Denko K.K.

7.Weldstar, Inc.

8.Mesa Specialty Gases & Equipment

9.Messer Group Gmbh

10.Mitsui Chemicals Inc.

11.Norco Inc.

12.Taiyo Nippon Sanso Corporation

Key questions answered in the Specialty Gas Market are:

What is the market size of the Global Specialty Gas Market in 2023?

What are the different segments of the Global Specialty Gas Market?

Which region is expected to hold the highest Global Specialty Gas Market share?

What is the Forecast Period of the Global Specialty Gas Market?

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/prefabricated-homes-market/230638/

Key Offerings:

Past Specialty Gas Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Specialty Gas Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Specialty Gas Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Specialty Gas 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:

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

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