DUBLIN--(BUSINESS WIRE)--The "Industrial Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
According to the report, the market is expected to reach a value of US$ 104 Billion by 2023, exhibiting a CAGR of 6.5% during 2018-2023.
Industrial gases refer to the gases produced in huge quantities for usage in a variety of industrial processes. They are prepared at ambient temperature and pressure, and supplied in both liquid and gaseous form. Depending on their uses in different sectors, these gases are also known as fuel gases, medical gases, refrigerant gases or speciality gases. Their chemical properties such as inertness or reactivity and physical properties such as density, boiling point and vapor pressure make them suitable for applications in several industries.
Rising demand from the major end-use industries such as chemicals, petrochemicals, oil and gas, and energy has resulted in the development of the global industrial gases market. With rising environmental concerns, renewable resources are witnessing a growth worldwide, thereby facilitating the market. Apart from this, increasing urbanization and industrialization in the countries of Asia-Pacific and Middle East are expected to provide a thrust to industries such as food and beverages, transportation, chemical and metal fabrication, which in turn will amplify the demand for industrial gases. Additionally, improving economic scenario, climate control initiatives, increased energy demand and healthcare needs in both the developing and developed regions are projected to contribute in the expansion of the market.
- Air Liquide S.A.
- Air Products and Chemicals, Inc.
- Airgas, Inc.
- Linde Group
- Praxair, Inc.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Industrial Gases Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Supply Mode
9 Market Breakup by Region
10 Imports and Exports
11 Industrial Gases Manufacturing Process
12 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/t3pbct/global_industrial?w=4