Global industrial gases market is forecast to grow from $ 75.51 billion in 2016 to $ 106.26 billion by 2022, exhibiting a CAGR of around 6%, in value terms, during 2017-2022, on account of rising demand from chemical & petrochemical, metal fabrication & production, automobile, healthcare & pharmaceuticals and food & beverage industries.
Years Considered for this Report
Historical Years2012-2015
Base Year2016
Estimated Year2017
Forecast Period2017–2026
Objective of the Study
- To evaluate and forecast market size of global industrial gases
market, in terms of value.
- To identify various industrial gases and sectors utilizing them -
metal production & fabrication, automobile, chemical &
petrochemical, healthcare & pharmaceuticals, food & beverages and
others.
- To analyze global industrial gases market segmentation into five
regional markets – Europe, Asia-Pacific, North America, South America and
Middle East & Africa regions.
- To identify and forecast demand for different types of industrial
gases - oxygen, nitrogen, argon, hydrogen and carbon dioxide.
- To understand and forecast various modes of distribution of
industrial gases - bulk, tonnage and packaged.
- To identify major drivers & challenges in global industrial gases
market.
- To identify and profile major companies operating in the global industrial
gases market.
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Few of the major players operating in the global industrial gases market include
To analyze and forecast the global industrial gases market, both top down and bottom up approaches have been used. Multiple employees from leading companies have been interviewed through telephonic conversations to extract and verify information being collected at the source. A brief study of major players operating in the global industrial gases market was conducted, which includes analysis of information such as ongoing projects, followed by the details of expected year of commissioning and estimated investments along with expansion plans, globally.
Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor, which is anticipated to impact demand for industrial gases, globally. Finally, types of gases and their distribution in different application segments across various countries was identified, and growth in global industrial gases market was forecast. To extract data, primary surveys were conducted with key players and stakeholders in the industry. Future plans of major players were studied and projects which have been commissioned were identified. Various secondary
Key Target Audience
- Industrial gas manufacturers
- Industrial gas suppliers and distributors
- Key end users of industrial gases
- Market research organizations and consulting companies
The study is essential in delivering useful information to industry stakeholders such as industrial gas manufacturers, suppliers, distributors and customers. The report also provides useful insights about which market segments should be targeted in the coming years in order to strategize investments and capitalize on growth opportunities.
