The global industrial gas market is expected to reach around $135 billion in 2020.
This can be attributed to the expected increase in the global industrial gas mergers and acquisitions (M&A) in the coming years, building on a strong year of activity in 2016 and 2015 where companies like Air Liquide, Praxair acquired other companies at high values. Air Liquide acquired Air Gas for $10.3 billion in May 2016. Industrial gas companies are continuing to realign portfolios and pursue profitable inorganic growth opportunities. in addition, M&A interest is likely to be fuelled by stronger corporate balance sheets, liquid debt markets, and continued favorable interest rates.
Asia Pacific was the largest region in the industrial gas market in 2017, accounting for around 39% market share. Western Europe was the second largest region accounting for around 23% market share. Africa was the smallest region accounting for around 4% market share.
- Markets Covered: Hydrogen, Helium, Carbon dioxide, Nitrogen, Oxygen, Acetylene, and Argon.
- Time Series: Five years historic and forecast.
- Data: Market value in $ billions.
- Reckitt Benckiser Group
- Henkel AG & Co.
- Beiesdorf AG
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