Industrial gases are naturally available in nature such as nitrogen, oxygen, argon, hydrogen, carbon dioxide and others. They are used in welding and for heating purposes. The use of these gases is growing in various industries like metal production, automotive, chemical & petrochemical, healthcare & pharmaceuticals, food & beverages, and metal fabrication, which is boosting the growth of the market.
Global Industrial Gases Market is expected to reach USD 128.52 billion by 2025, from USD 80.12 billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Competitors/Players: Global Industrial Gases Market
Some of the major players operating in the global industrial gases market are:-
- Air Liquide S.A.,
- Air Gass and Chemicals Inc.,
- The Linde Group,
- Praxair Inc.,
- Ellenbarrie Industrial Gases Ltd.,
- India Glycols Ltd.,
- The Southern Gas Ltd.,
- Bhuruka Gases Ltd.,
- Tripti Gases Pvt. Limited,
- SICGIL India Limited,
- Matheson Tri-Gas Inc.,
- Messer Group GmbH,
- Southern Industrial Gas Sdn Bhd,
- Abdullah Hashim Industrial Gases & Equipment Co. Ltd,
- Bristol Gases,
- Concorde Corodex Group,
- Buzwair Industrial Gases Factory,
- Dubai Industrial Gases,
- Gulf Cryo,
- Mohsin Haider Darwish LLC,
- National Industrial Gas Plants,
- Mohammed Hamad Al Mana Group,
- Yateem Oxygen, and many more.
Global Industrial Gases Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of industrial gases market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers:
- Demand for metal manufacturing & fabrication
- Increasing investment in the automobile and aerospace sector
Market Segmentation: Global Industrial Gases Market
The global industrial gases market is Segmented based on:-
- Mode of Distribution,
- Application, and
- Geographical segments.
Based on Type, the global industrial gases market is segmented into:-
- Hydrogen and
- Carbon Dioxide, and others
On the basis of Mode of Distribution, the global industrial gases market is classified into:-
- Tonnage and
On the basis of Application, the global industrial gases market is classified into
- Metal Production,
- Chemical & Petrochemical,
- Healthcare & Pharmaceuticals,
- Food And Beverages,
- Metal Fabrication, and others.
Based on Geography, the global industrial gases market report covers data points for 28 countries across multiple geographies namely:-
- North America &
- South America,
- Asia-Pacific and,
- Middle East & Africa.
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