Acumen Research and Consulting estimates that global Industrial Gases market is expected to reach the market value of around US$ 105 Bn by 2027 and is anticipated to grow at a CAGR of around 5.9% in terms of revenue during the forecast period 2020 – 2027.
The word "industrial gasses" refers to the gasses generated for use in industry. The industrial gasses in particular include oxygen, nitrogen, carbon dioxide, hydrogens, argon, acetylene, and helium. In gas cylinders a wide range of industrial gasses and mixtures are given. Few manufacturing gases that are supplied to gas cylinder facilities include oxygen for surgical uses, ballon helium, welding gases and construction equipment, beer keg gasses and LPG. A wide range of small hand-carried gas tanks are also available for the supply of industrial gas.
The report provides analysis of global Industrial Gases market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Insights
Industrial gasses are used in a variety of uses in different fields. Industrial growth in Europe and America shows promising indicators, though developing markets are steadily growing which continues to be the main driver of the market. Appliances in the, food and beverage, energy, electronics, healthcare, and petroleum & gas industry are supported by increased demand for industrial gases as well as increases in industrial production and support the global market for industrial gas. Significant competition from the oil and gas industry is faced in industrial gases. In order to monitor various processes, refineries need vast amounts of industrial gases. In addition, strict environmental standards which reduce the permitted sulfur content of refinery products have challenged refinery operators to desulfurize crude oil which offers opportunities for the growth of the industrial gas industry. Major applications in the food and beverage industry are seen with industrial gases. Consumers are increasingly searching for alternatives to conventional conservation strategies that offer critical prospects of growth to industrial food-grade gasses. The efficient and natural avoidance of moisture loss or decay by foodstuffs such as carbon dioxide is achieved by industrial gases. Industrial gasses are used by health care professionals in applications from respiratory care to anesthesia, such as nitrogen, oxygen, carbon dioxide and different gas mixes. However, the sector of industrial gas is capital-intensive and needs tremendous investment, which may hinder market expansion. Emerging markets give the global industrial gas industry a range of growth opportunities. Developing countries, like China and India, strive to expand production capacity in various industries such as metals, petroleum & gas, construction and health, resulting in high demand for industrial gases.
Asia Pacific region is anticipated to dominate the market led by China. Across developed countries such as India and China a significant increase has been noted in the domestic use of these industrial gasses. It is expected to lead to strong growth in industrial gas demand in Asia Pacific in the immediate future. After Asia Pacific, the North America and Europe dominate the industrial gas market.
Report coverage
The market research study on “Industrial Gases Market (Industrial Gases Market By Type: Oxygen, Nitrogen, Carbon Dioxide, Neon, Hydrogen, Krypton, Argon; Industrial Gases Market By Application: Petrochemical, Mining, Oil & Gas, Chemical, Nuclear Power, Pharmaceutical, Electronics, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Industrial Gases market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Industrial Gases market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Industrial Gases market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Industrial Gases market is segmented as below:
Market Segmentation
Industrial Gases Market By Type
Oxygen
Nitrogen
Carbon Dioxide
Neon
Hydrogen
Krypton
Argon
Industrial Gases Market By Application
Petrochemical
Mining
Oil & Gas
Chemical
Nuclear Power
Pharmaceutical
Electronics
Others
Industrial Gases Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Air Gass and Chemicals Inc., Air Liquide S.A., The Linde Group, Ellenbarrie Industrial Gases Ltd., The Southern Gas Ltd., India Glycols Ltd., Bhuruka Gases Ltd., Praxair Inc., SICGIL India Limited, Tripti Gases Pvt. Limited, Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Industrial Gases
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Gases Market By Type
1.2.2.1. Global Industrial Gases Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Industrial Gases Market Revenue Share By Type in 2019
1.2.2.2.1. Oxygen
1.2.2.2.2. Nitrogen
1.2.2.2.3. Carbon Dioxide
1.2.2.2.4. Neon
1.2.2.2.5. Hydrogen
1.2.2.2.6. Krypton
1.2.2.2.7. Argon
1.2.3. Industrial Gases Market By Application
1.2.3.1. Petrochemical
1.2.3.2. Mining
1.2.3.3. Oil & Gas
1.2.3.4. Chemical
1.2.3.5. Nuclear Power
1.2.3.6. Pharmaceutical
1.2.3.7. Electronics
1.2.3.8. Others
1.2.4. Industrial Gases Market By Geography
1.2.4.1. Global Industrial Gases Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Industrial Gases Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Industrial Gases Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Industrial Gases Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Industrial Gases Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Industrial Gases Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. Industrial Gases MARKET By Type
4.1. Global Pure Cashmere Revenue By Type
4.2. Oxygen
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Nitrogen
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Carbon Dioxide
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Neon
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.6. Hydrogen
4.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.7. Krypton
4.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.8. Argon
4.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Industrial Gases MARKET By Application
5.1. Global Pure Cashmere Revenue By Application
5.2. Petrochemical
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Mining
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Oil & Gas
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Chemical
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Nuclear Power
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Pharmaceutical
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.8. Electronics
5.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.9. Others
5.9.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.9.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA Industrial Gases MARKET BY COUNTRY
6.1. North America Industrial Gases Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Industrial Gases Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Industrial Gases Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE Industrial Gases MARKET BY COUNTRY
7.1. Europe Industrial Gases Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Industrial Gases Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC Industrial Gases MARKET BY COUNTRY
8.1. Asia-Pacific Industrial Gases Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Industrial Gases Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA Industrial Gases MARKET BY COUNTRY
9.1. Latin America Industrial Gases Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Industrial Gases Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA Industrial Gases MARKET BY COUNTRY
10.1. Middle East & Africa Industrial Gases Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Industrial Gases Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Air Gass and Chemicals Inc.
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Air Liquide S.A.
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. The Linde Group
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Ellenbarrie Industrial Gases Ltd.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. The Southern Gas Ltd.
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. India Glycols Ltd.
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Bhuruka Gases Ltd.
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Praxair Inc.
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. SICGIL India Limited
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. Tripti Gases Pvt
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope