(2019-2025) Industrial Gases Market Research Key Players:Industry Overview:Supply Chain and Forecast
Los Angeles, CA -- (SBWire) -- 03/27/2019 --This study focuses on the production side and consumption side of Industrial Gases, presents the global Industrial Gases market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Industrial Gases capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
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In terms of consumption side, this report focuses on the consumption of Industrial Gases by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Industrial gas is a generic term for gases (liquefied gases) used widely in all industries for raw materials and intermediate materials in the manufacturing industry, or for quality improvement, energy saving and the safety in manufacturing processes. This does not include city gas (coal gas for domestic use) and LP gas that are mainly used for household energy. Medical gases used in hospitals are included among industrial gases.
Industrial gases are used in a variety of purity grades and for a wide range of purposes, including food gases and medical gases. Industrial gases can make production processes safer and more cost-effective and improve product quality. They often contribute to environmental protection. Some processes and applications would even be inconceivable without the chemical properties of gases.
Typical user sectors include the automotive industry, the steel industry, environmental engineering, food and beverages, construction, metallurgy, glass and ceramics, medicine and pharmaceuticals, the chemical industry, and research and development.
The global industrial gases market is highly concentrated as it is mainly dominated by four giants, Linde Group, Air Liquide, Praxair, Air Products and Chemicals. However, there is news revealing that Praxair is negotiating with Linde about the merger. Once the merger is implemented, the market will become more and more concentrated.
The Industrial Gases market was valued at 60200 Million US$ in 2017 and is projected to reach 70500 Million US$ by 2025, at a CAGR of 2.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Gases.
This report includes the following manufacturers; we can also add the other companies as you want.
Linde Group
Air Liquide
Praxair
Air Products and Chemicals
Taiyo Nippon Sanso
Air Water
Airgas
Messer
Yingde Gases
Market Segment by Product Type
Atmospheric Gas
Process Gas
Others
Market Segment by Application
Manufacturing
Chemical & Energy
Metals
Healthcare
Electronics
Food & Beverage
Others
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