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High purity gas market is expected to show growth from 2024 to 2030, reported by Maximize Market Research

10-29-2024 01:18 PM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

High Purity Gas Market

High Purity Gas Market

High purity gas market was valued at US$ 33.62 Bn. in 2023 and is expected to reach US$ 50.22 Bn. by 2030, at a CAGR of 5.9% during the forecast period.

๐‡๐ข๐ ๐ก ๐ฉ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐ ๐š๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

High purity gases are ideal for analytical use, offering the lowest impurities available for consistent and reliable results. Industrial gases exceed 99.999% purity when delivered in large quantities. Compared to other materials, gases can have purities over 99.9%, with some applications needing even greater purity. The global high purity gas market is expected to experience growth due to increased demand for electronic and electric components, driving the need for high purity gases in various industries. Key applications include insulation, illumination, and cooling in the industrial sector. The rise of urbanization and disposable income in emerging regions like Asia Pacific and Latin America has led to increased use of consumer electronics, further boosting the market.

Additionally, the oil and gas sector's use of high purity gases in refining and production processes is contributing to market growth. Despite technological advancements in the automotive sector driving demand, high production costs and a shortage of skilled professionals may hinder market growth in the future. The major key players are the Praxair Inc, Linde Group, Air Liquide S.A, Messer Group, Advanced Specialty Gases Inc, Matheson Tri-Gas Inc., Air Products and Chemicals Inc, Airgas Inc, and Iceblick Ltd. APAC is projected to lead the high purity gas market, holding 38% market share in the forecast period. Technological advancements in India and China are driving market growth, along with the expanding power sector in the region. The metal production industry and healthcare sector in developing economies like India and China are also contributing to APAC's market growth. China's government and top vendors are investing in chip production companies to produce superior semiconductors, boosting demand in the region.

๐‚๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐›๐ž๐ฅ๐จ๐ฐ ๐ฅ๐ข๐ง๐ค ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/66809/

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

In April 2022, Air Products Inc. formed agreement with Asian semiconductor manufacturer for $900M investment in ultra-high purity gas facilities for Kaohsiung fabs.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐‡๐ข๐ ๐ก ๐ฉ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐ ๐š๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/66809/

๐‡๐ข๐ ๐ก ๐ฉ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐ ๐š๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

High Atmospheric Gases
Carbon Gases
Noble Gases
Others

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ

Metal production
Food & beverage
Oil & gas
Chemicals
Electronics
Medical
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-high-purity-gas-market/66809/

๐‡๐ข๐ ๐ก ๐ฉ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐ ๐š๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

Praxair Inc
Linde Group
Air Liquide S.A
Messer Group
Advanced Specialty Gases Inc
Matheson Tri-Gas Inc.
Air Products and Chemicals Inc
Airgas Inc
Iceblick Ltd
Iwatani Corporation
raxair S.T. Technology, Inc.
BASF SE
Buzwair Group
Ellenbarrie Industrial Gases
GULF Cryo
Proton Gases
MESA Specialty Gas
Universal Industrial Gases, Inc.
Amit Speciality Gasco

๐“๐จ ๐†๐ž๐ญ ๐Œ๐จ๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/66809/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐‡๐ข๐ ๐ก ๐ฉ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐ ๐š๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

Which region has the largest share in Global High purity gas Market?
What is the growth rate of Global High purity gas Market?
What is scope of the Global High purity gas Market report?
Who are the key players in Global High purity gas Market?
What is the study period of this Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past High purity gas market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
High purity gas market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by
Region
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 - 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

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

Aviation Chemicals Market is anticipated to reach US$ 7.40 Bn by 2029 from US$ 4.09 Bn in 2021 at a CAGR of 7.7% during a forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/aviation-chemicals-market/123177/

The Scouring Agent Market size was valued at USD 3.88 Billion in 2023 and the total Scouring Agent revenue is expected to grow at a CAGR of 5.42% from 2024 to 2030, reaching nearly USD 5.62 Billion.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/scouring-agent-market/147085/

Anti-Foaming Agent Market was valued at US$ 5.71 Bn. in 2023. Global Anti-Foaming Agent Market size is expected to grow at a CAGR of 3.93 % through the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/anti-foaming-agent-market/148780/

Rainscreen Cladding Market was valued at USD 136.12 Billion in 2022, and is expected to reach USD 220.02 Billion by 2029, exhibiting a CAGR of 7.1% during the forecast period (2023-2029)

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/rainscreen-cladding-market/168751/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

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. Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their Market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving Market landscape.

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