Global Industrial Gases market is expected to reach $79.75 billion by 2022 growing at a CAGR of 8.1%

Global Industrial Gases market is accounted for $46.23 billion in 2015 and is expected to reach $79.75 billion by 2022 growing at a CAGR of 8.1%. Wide range applications of industrial gases are carving opportunities in market. The present ongoing usage in packaged foods and inhaling equipments are some of them. While rising demand for gases in nuclear power, oil & gas, petrochemicals and electronics industries are major factors favoring the market. Various types of industrial gases including specialty gases, fuel gases, medical gases and refrigeration gases are presently hailing over the industries prevailing to its demand.

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Refining and Chemical Processing segment is estimated to dominate the market owing to the increase in exploration activities, which is then followed by Metals Manufacturing and Fabrication segment attributed to the increment in usage of metals in present scenario. Moreover, Asia Pacific has the abundant market followed by North America and Europe on account of rising domestic crude oil consumption in form of energy. Rising international trade of food & beverage, metals etc. is also one of the major factors contributing to regional growth.

Some of the key players of the Industrial Gases market include Air Gas Inc., Air Products and Chemicals Inc., Air Water, Inc., Hygear, Iwatani Corporation, L'Air Liquide S.A, Linde AG, Matheson tri-Gas Inc., Messer Group, Nexair LLC, Novomer Inc., Praxair Inc., Southern Industrial Gas SDN BHD, Taiyo Nippon Sanso Corp., Universal Industrial Gases, Inc. and Yingde Gases Group Co., Ltd..

End-Users Covered:
Aerospace
Electronics
Fertilizer Industry
Food and Beverages
Medical
Metals Manufacturing and Fabrication
Mining activities
Pharmaceuticals
Power generation
Pulp and Paper
Refining and Chemical Processing
Water Industries

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Gas Types Covered:
Acetylene
Argon
Carbon Dioxide
Helium
Hydrogen
Liquefied Petroleum Gas (LPG)
Medical Gases
Nitrogen
Oxygen
Rare Gases
Refrigerant Gases
Specialty Gases
Synthesis Gas

Production Technologies Covered:
Cryogenic Air Separation
Gasification
Membrane Technology
Reforming
Vacuum Pressure Swing Adsorption
By-products from Manufacturing

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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