Research and Markets: Global Industrial Gas Market Report 2014-2018: Air Liquide, Air Products and Chemicals, Linde & Praxair Lead the Market
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fppvd5/global_industrial) has announced the addition of the "Global Industrial Gas Market 2014-2018" report to their offering.
The Global Industrial Gas market to grow at a CAGR of 7.31% in terms of revenue over the period 2013-2018.
Industrial gases such as acetylene, oxygen, carbon dioxide, nitrogen, krypton, helium, and specialty gases are used extensively in process industries such as Oil and Gas, Chemicals, Power, Mining, Metals, Pharmaceuticals, Food, Electronics, and Aerospace. Industrial gases have chemical properties such as reactivity, inertness, and coldness, because of which they are used extensively. Industrial gases are used by manufacturers to increase their efficiency.
This report covers the present scenario and the growth prospects of the Global Industrial Gas market for the period 2014-2018. To calculate the market size and vendor share, the report considers revenue generated from sales of industrial gases. It presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Global Industrial Gas market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that will contribute to the growth of the market.
The use of hydrogen cells in vehicles is one of the emerging trends in this market. The development of highly efficient hydrogen cells will make their applications prevalent in vehicles.
According to the report, the increase in the production of shale gas is one of the major factors driving the market. This increase in production increases the demand from chemical plants.
Further, the report states that the high distribution cost of industrial gas is one of the major challenges. Industrial gases are reactive, and extreme care has to be taken during their storage and transportation. An inadequate distribution structure makes it impossible for small companies to operate in the market.
- Air Liquide
- Air Products and Chemicals
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/fppvd5/global_industrial