Industrial Gases Market assessed to reach USD 128.52 billion by 2025, expanding at a potential rate of 6.1% for 2018 to 2025

Industrial Gases Market is forecasted to grow at 6.1% for 2018 to 2025 helping the industry to a market capitalization of USD 128.52 billion at the end of the forecasted period.  This market growth is also expected to be witnessing a number of restricting factors in its growth such as the presence of various regulations prevalent regarding the safety of industries and individuals, along with the presence of concerns in relation to the environmental impact of the consumption of these gases.

Industrial gases market is being driven by the rise of different applicable industrial segments operating worldwide, such as metal manufacturing & fabrication, automobile, aerospace and various others. The market is also expected to rise due to the growth of optimizing and enhancing the welding process resulting in consumption for better oxygen qualities.

Industrial Gases Market Scenario

According to Data Bridge Market Research, industrial gases market of North America is will hold the largest market share, although developing countries of Asia-Pacific region are resulting in the region having the highest growth rate amongst all of the other regions. This market share of North America is expected to be caused by the growth of petroleum and natural gas industries in the region, whereas Asia-Pacific will be growing due to the expansion of metal fabrication and various other industrial growths witnessed in the region.

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Industrial Gases Market Developments in 2019

In June 2019, Air Water Inc. announced that they had acquired Praxair India Private Limited’s “East Region Divestment Business” through their subsidiary Air Water India Private Limited. This acquisition was required after the Competition Commission of India directed Praxair and Linde to divest part of their businesses for the completion of their acquisition.

Scope of the Industrial Gases Market

Global Industrial Gases Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).

All country based analysis of the industrial gases market is further analysed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into nitrogen, oxygen, argon, hydrogen, carbon dioxide and others. Mode of distribution has been segmented into bulk, tonnage and packaged. Application has been segmented into metal production, automotive, chemical & petrochemical, healthcare & pharmaceuticals, food & beverages, metal fabrication and others.

Industrial gases are the gas-based compounds that have been developed, manufactured and extracted for their purpose of being utilized in different industrial applications. These compounds are majorly available in cylinders with the majority of gases constituting of argon, nitrogen, oxygen, carbon dioxide, helium, hydrogen and various other individual and mixture of different compounds.

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Key Pointers Covered in the Industrial Gases Market Industry Trends and Forecast to 2025

  • Industrial Gases Market Size
  • Industrial Gases Market New Sales Volumes
  • Industrial Gases Market Replacement Sales Volumes
  • Industrial Gases Installed Base
  • Industrial Gases Market By Brands
  • Industrial Gases Market Procedure Volumes
  • Industrial Gases Market Product Price Analysis
  • Industrial Gases Market Shares in Different Regions
  • Industrial Gases Recent Developments for Market Competitors
  • Industrial Gases Market Upcoming Applications
  • Industrial Gases Market Innovators Study

Key Market Competitors Covered in the report

  • Air Liquide
  • Air Products and Chemicals, Inc.
  • Linde
  • Praxair Technology, Inc.
  • Ellenbarrie industrial Gases
  • India Glycols Limited
  • Southern Gas
  • Bhuruka Gases Limited
  • Tripti gases pvt ltd
  • Sicgil india limited
  • Matheson Tri-Gas, Inc.
  • Messer Group GmbH
  • Southern Industrial Gas Sdn Bhd
  • Abd Allah Hashim Company
  • Concorde-Corodex Group
  • Buzwair Industrial Gases Factories
  • Gulf Cryo
  • Mohsin Haider Darwish LLC
  • M.H. Almana Group of Companies

Above are the key players covered in the report to know about more and exhaustive list of industrial gases companies, contact us

Research Methodology: Global Industrial Gases Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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