Global Industrial Gases Market 2020 (Includes Business Impact of COVID-19)

  • TBI401144
  • April 29, 2020
  • Global
  • 149 pages
  • Market.US
                                          

“Global Industrial Gases Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global industrial gases market report has been segmented on the basis of product type, distribution, application, and region.

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Global Industrial Gases Market: Overview Industrial gas is a gaseous material that mostly uses in manufactured industries. Industrial gas uses in various industry such as chemical industry, medical industry, rubber or paint industry, industrial water treatment, electronics industry, and food industry. Global Industrial Gases Market: Dynamics Rising demand for industrial gases in numerous industries such as oil and gas, chemical, energy, environmental protection, power, mining, metals, food, aerospace, petrochemical, and fabrication is expected to boost the growth of global industrial gases market over the forecast period. In addition, increasing adoption of industrial gases in international and domestic trade is registered to fuel growth of the global industrial gases market. Increasing government initiative about renewable resources in industrial gas industry is also anticipated to fuel demand for industrial gases and drives growth of the global market during the next 10 years. In addition, increasing demand for industrial gases especially in healthcare expenditure is also expected to fuel growth of the global industrial gases market. Increasing investment in aerospace and automobile sector and rapid industrialization has also fueled the growth of the target market. However, the high cost of transportation of industrial gases and storage of gases is a key factor which may impede demand and restrain growth of the global industrial gases market over the forecast period. Global Industrial Gases Market: Segment Analysis Among the product type segments, the nitrogen segment is expected to account for the significant growth in the global industrial gases market, owing to increasing adoption of nitrogen gas in industrial area. The oxygen segment holds second highest revenue share in global industrial gases market, due to increasing adoption of oxygen gas in hospital and clinical care for various therapies and surgery Among the application segments, the healthcare & pharmaceuticals segment contributes leading share in the global industrial gases market, due to the increasing demand for gases in healthcare & pharmaceuticals industry.  The chemical & petrochemical segment holds moderate revenue share in global industrial gases market, owing to high use of various gases in chemical & petrochemical industries across the globe. Global Industrial Gases Market: Region Analysis The North America industrial gases market accounted for the leading revenue share in the global market due to the increasing adoption of the industrial gases in countries in the region followed by Europe. The market in the Asia Pacific is expected to register a significant growth rate in terms of revenue in the global market during the forecast period, owing to increasing awareness about benefits of industrial gases in countries such as Japan, India, Korea, and China in the region. The Latin America market is at a nascent stage in the global market and expected to contribute the moderate share in the market over the forecast period.

Global Industrial Gases Market Segmentation:

Segmentation by Product Type: Nitrogen Oxygen Argon Hydrogen Carbon Dioxide Segmentation by Distribution: Tonnage Bulk Packaged Segmentation by Application: Metal Production & Fabrication Automobile Chemical & Petrochemical Healthcare & Pharmaceuticals Food & Beverages Others

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Industrial Gases Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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