(EnergyIndustry.Net, March 06, 2017 ) According to Publisher, the Global Industrial Gases market is accounted for $46.23 billion in 2015 and is expected to reach $79.75 billion by 2022 growing at a CAGR of 8.1%. Wide range applications of industrial gases are carving opportunities in market. The present ongoing usage in packaged foods and inhaling equipments are some of them. While rising demand for gases in nuclear power, oil & gas, petrochemicals and electronics industries are major factors favoring the market. Various types of industrial gases including specialty gases, fuel gases, medical gases and refrigeration gases are presently hailing over the industries prevailing to its demand.
Refining and Chemical Processing segment is estimated to dominate the market owing to the increase in exploration activities, which is then followed by Metals Manufacturing and Fabrication segment attributed to the increment in usage of metals in present scenario. Moreover, Asia Pacific has the abundant market followed by North America and Europe on account of rising domestic crude oil consumption in form of energy. Rising international trade of food & beverage, metals etc. is also one of the major factors contributing to regional growth.
Some of the key players of the Industrial Gases market include Air Gas Inc., Air Products and Chemicals Inc., Air Water, Inc., Hygear, Iwatani Corporation, L'Air Liquide S.A, Linde AG, Matheson tri-Gas Inc., Messer Group, Nexair LLC, Novomer Inc., Praxair Inc., Southern Industrial Gas SDN BHD, Taiyo Nippon Sanso Corp., Universal Industrial Gases, Inc. and Yingde Gases Group Co., Ltd..
End-Users Covered: - Aerospace - Electronics - Fertilizer Industry - Food and Beverages - Medical - Metals Manufacturing and Fabrication - Mining activities - Pharmaceuticals - Power generation - Pulp and Paper - Refining and Chemical Processing - Water Industries
Gas Types Covered: - Acetylene - Argon - Carbon Dioxide - Helium - Hydrogen - Liquefied Petroleum Gas (LPG) - Medical Gases - Nitrogen - Oxygen - Rare Gases - Refrigerant Gases - Specialty Gases - Synthesis Gas
Production Technologies Covered: - Cryogenic Air Separation - Gasification - Membrane Technology - Reforming - Vacuum Pressure Swing Adsorption - By-products from Manufacturing
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
10 Company Profiling 10.1 Air Gas Inc. 10.2 Air Products and Chemicals Inc. 10.3 Air Water, Inc. 10.4 Hygear 10.5 Iwatani Corporation 10.6 L'Air Liquide S.A 10.7 Linde AG 10.8 Matheson tri-Gas Inc. 10.9 Messer Group 10.10 Nexair LLC 10.11 Novomer Inc. 10.12 Praxair Inc. 10.13 Southern Industrial Gas SDN BHD 10.14 Taiyo Nippon Sanso Corp. 10.15 Universal Industrial Gases, Inc. 10.16 Yingde Gases Group Co., Ltd.