Industrial Gases Market Trends 2012 - 2018

The market was valued at USD 38.0 billion in 2011 and is expected to reach an estimated value of USD 58.4 billion in 2018, growing at a CAGR of 6.3% from 2012 to 2018.

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Growth in associated industries such as transportation, food and beverages, metal fabrication and chemical manufacturing are some of the drivers for the global industrial gases market. Rapid industrialization in emerging Asian economies such as India and China will serve the market as future growth opportunities.

Hydrogen dominated the market in 2011 in terms of market share and is also expected to be the fastest growing segment over the next five years at an estimated CAGR of 6% from 2012 to 2018. Global demand for Nitrogen and Oxygen is expected to reach USD 6.2 billion and USD 6.1 billion by 2018 respectively.

In 2011, Asia Pacific led the market in terms of demand due to increasing domestic consumption in India, China and South Korea. The Asia Pacific industrial gases market is expected to grow at a CAGR of over 7% from 2012 to 2018, which is the fastest across all regional markets.

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Air Liquide held majority of market share at over 24% in 2011 on account of its wide product portfolio covering all the industrial gas segments and revenue generation from the emerging Asian and Eastern European countries. Air Liquide was followed by Linde Gas in terms of market share in 2011. Other key market players dominating the global industrial gases market include Matheson tri-Gas Inc., Air Products and Chemicals Inc., Praxair Inc., Air Gas Inc., and others.

The global industrial gases market is categorized into the following segments:

Industrial Gases Market by Products

Hydrogen

Nitrogen

Oxygen

Carbon Dioxide

Argon

Helium

AcetyleneIndustrial

Gases Market by Geography

North America

U.S.

Europe

Asia-Pacific

Rest of the World (RoW)

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Industrial And Specialty Gases Market - Global Industry Size, Market Share, Trends, Analysis And Forecast, 2012 - 2018

Gases which are sold for general purpose to industries, mainly based on air gases and other related gases are known as industrial gases. Gases which are critical components for industries such as chemicals, materials processing, foods, semiconductors, medical, biotechnology, and environmental are known as specialty gases.

The global market for industrial and specialty gases is expected to reach 10.15 trillion cubic feet by 2015.In 2009, the market for industrial and specialty gas experienced a fall due to worldwide economic slowdown. The U.S. is the market leader followed by Europe and Asia Pacific in terms of potential. The Asia Pacific market is expected to grow with a CAGR of 3.1% by 2015.

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The major forces driving the growth of the market is the high demand from end user industries such as energy, healthcare and electronics. Moreover, increasing demand from emerging economies is the main factor contributing to the growth of the market. In addition, consolidation, strategic business alliances and concentric diversifications are the strategies propelling the growth of the industrial and specialty gases market.

Structural and regulatory restrictions and penetrating market growth are some challenges faced by the industry.The market is expected to get a chance to grow due to R&D activities which are focused specially on new applications. Operating expenditure, decrease in cycle times and low capital are the other factors expected to boost the global market growth.
Some of the key players of the market are Air Liquide (L’ Air Liquide S.A.), Air Products and Chemicals, Inc, Airgas, Inc, Praxair, Inc., the Linde Group, American Air Liquide Holdings, Inc., and Taiyo Nippon Sanso Corporation.

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This market research report analyzes important market segments, and major geographies. This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us:

Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com

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