Industrial Gases Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: May 12, 2020 |

The global industrial gases market size was accounted for USD 87 billion in 2019 and expected to register a significant CAGR of 6% during the forecast period 2020 to 2027. Growing industrialization, urbanization, and applications in various industries such as food & beverage, mining, and healthcare are expected to boost the market over forecast. Industrial production is increasing rapidly in developing economies which is a key factor to drive the market while developed economies have registered a significant growth in the market. However, the high cost of gas conversion and some environment policies may hinder the market growth over the forecast period.

The market is segmented on the basis of product, application, distribution channel, and region. On the basis of product, the segment is classified into oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, argon, and other gases. The nitrogen gas segment is accounted as the fastest growing segment during the forecast period. The nitrogen gas is widely used in healthcare sector and increasing pharmaceutical industry in such economies is projected to spur the market growth.

By application, the manufacturing segment dominated the industrial gases market and projected to grow at a significant growth rate during the forecast period. The healthcare segment is accounted as the fastest growing segment during the forecast period and holds a significant share around 20% of global industrial gases market in 2019. COVID-19 will have a significant impact on the production of industrial gases due to supply chain and manufacturing disruptions.

The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global industrial gases market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.

Industrial Gases Market research report presents the analysis of each segment from 2018 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2020 to 2027.

Industrial Gases Market Segmentation:

By Product:

  • Oxygen
  • Nitrogen
  • Hydrogen
  • Carbon Dioxide
  • Acetylene
  • Argon
  • Others

By Application:

  • Healthcare
  • Manufacturing
  • Metallurgy & Glasses
  • Food & Beverage
  • Retail
  • Chemicals & Energy
  • Others

By Distribution Channel:

List of Key Companies:

  • Air Liquide S.A.
  • Asia Technical Gas Co LTD
  • Taiyo Nippon Sanso Corporation
  • Linde AG
  • Dubai Industrial Gases
  • MATHESON Tri-Gas Inc.

Geographic Coverage:

  • North America Market Revenue and/or Volume
  • Europe Market Revenue and/or Volume
  • Asia Pacific Market Revenue and/or Volume
  • Middle-East and Africa Market Revenue and/or Volume
  • Latin America Market Revenue and/or Volume

The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.

Report Coverage

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Key Questions Answered by Industrial Gases Market Report

  • Global industrial gases market forecasts from 2020-2027
  • Regional industrial gases market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country level forecasts from 2020-2027 covering 15 major countries from aforementioned regions
  • Industrial Gases submarket forecasts from 2020-2027 covering submarket 1, submarket 2 submarket 3
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter's Five Force model, Value Chain Analysis pertaining to industrial gases market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country level industrial gases markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the industrial gases market
  • Profiles and market share of the leading 10 companies in 2019 at a global level

(Reports will be updated due to COVID-19 impacts on the market)

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