Switzerland Industrial Gases Market is forecasted to grow at 3.9% with factor such as increasing applications of industrial gases in oil and gas industry and increasing demand for industrial oxygen.
Switzerland Industrial Gases market has shown an exceptional penetration due to increasing research and development activities along with prevalence of majority of manufacturers is boosting the growth in developed countries. In developing countries, rising growth of the healthcare industry is creating opportunity for the Switzerland Industrial Gases market.
Switzerland Industrial Gases Market Scenario
According to Data Bridge Market Research, the market for Switzerland Industrial Gases is in the growth phase. Market leader is PanGas AG (A Subsidiary of Linde plc), Air Liquide and Air Products Inc., which accounts an estimated market share of approximately 10% to 20% in the European market. The company has gained outstanding sale by providing industrial gases products.
For instance,
- In June 2021, Air Liquide entered into a partnership with Severstal CherMK to supply oxygen. Under this partnership, Air Liquide will invest around USD 71 million to construct a state-of-the-art Air Separation Unit (ASU) on the Severstal CherMK site in Russia. This new unit will produce 1,000 tons of oxygen per day. This will help the company to enhance its customer base and to grow in the market.
Trends Impacting the Market
Now the question is which other regions PanGas AG (A Subsidiary of Linde plc), Air Liquide and Air Products Inc. are targeting? Data Bridge Market Research has forecasted a large growth in Switzerland industrial gases market and the market leaders targeting Switzerland and other countries to be their next pocket revenue for 2021.
The Switzerland Industrial Gases Market is becoming more competitive every year with companies PanGas AG (A Subsidiary of Linde plc), Air Liquide and Air Products Inc. as they are the market leaders for Switzerland Industrial Gases. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Switzerland Industrial Gases market.
For more analysis on the Switzerland Industrial Gases Market request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/switzerland-industrial-gases-market
Switzerland Industrial Gases Market Development in 2021
- In February 2021, Air Liquide entered into a partnership with Siemens AG to develop a large-scale electrolyzer for sustainable hydrogen production. Under this partnership, both the companies integrated their expertise in PEM (Proton Exchange Membrane) electrolysis technology. This will help the company strengthen its core competencies, enabling a sustainable hydrogen economy in Europe.
Scope of the Switzerland Industrial Gases Market
All country based analysis of Switzerland Industrial Gases market is further analysed based on maximum granularity into further segmentation.
- On the basis of product, the Switzerland industrial gases market has been segmented into oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, argon, helium, carbon monoxide and others.
- On the basis of area of usages, the Switzerland industrial gases market has been segmented into air separation, syngas handling, packaging, cutting and welding, cryogenic, carbonation, coolant and others.
- On the basis of application, the Switzerland industrial gases market has been segmented into manufacturing, aerospace and defense, construction, healthcare, energy, oil and gas, water treatment and others.
To know more about the study https://www.databridgemarketresearch.com/reports/switzerland-industrial-gases-market
Key Pointers Covered in Switzerland Industrial Gases Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Air Liquide
- Air Products Inc.
- Messer Group GmbH
- BASF SE
- PanGas AG (A Subsidiary of Linde plc)
- Burckhardt Compression AG
- EagleBurgmann
- WIKA Schweiz AG
- Hydrospider AG
Above are the key players covered in the report, to know about more and exhaustive list of industrial gases companies’, contact us https://www.databridgemarketresearch.com/reports/switzerland-industrial-gases-market
Research Methodology: Switzerland 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.
Primary Respondents
- Demand Side: Managers, Directors, Government, Automotive Companies, Manufacturing giants, oil and gas industry players and others
- Supply Side: Service Providers, industrial gases providers, Marketing Managers, Logistics Managers, among others.
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