Industrial gas demand across the globe is likely to increase and represent considerable growth over the next couple of years, projects Market Research Future (MRFR) in a detailed research report. Industrial gases are used in a myriad of applications across diverse industries. Industrial production has been showing positive signs across Europe and the Americas while the emerging economies are picking up rapidly which remains the key driver of the market. In addition to expected growth in industrial production, surging demand for industrial gases from applications in the energy, food & beverage, healthcare, electronics, and oil & gas industry sustains the growth of the global industrial gases market.

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Industrial gases are valued for their reactivity, inertness and other superior physical properties. Industrial gas demand across the globe is likely to increase and represent considerable growth over the next couple of years, projects Market Research Future (MRFR) in a detailed research report. Industrial gases are used in a myriad of applications across diverse industries. Industrial production has been showing positive signs across Europe and the Americas while the emerging economies are picking up rapidly which remains the key driver of the market. In addition to expected growth in industrial production, surging demand for industrial gases from applications in the energy, food & beverage, healthcare, electronics, and oil & gas industry sustains the growth of the global industrial gases market. Industrial gases experience massive demand from the oil & gas industry.

Key players in global Industrial Gases Market studied are:

Air Liquide S.A., Linde AG, Air Products, Praxair Inc., BASF, Gulf Cryo, Airgas Inc., Air Products and Chemicals inc., Taiyo Nippon Sanso Corporation, Ellenbarrie Industrial Gases Ltd., Messer Group GmbH, The Southern Gas Ltd., MATHESON Tri-Gas Inc., Cryotech Anlagebau GmbH, Abdullah Hashim Industrial Gases & Equipment Co. Ltd., Mohsin Haider Darwish LLC, Bhuruka Gases Ltd., Asia Technical Gas Co (PTE) LTD (ATG), Buzwair Industrial Gases Factory, Bristol Gases - Concorde Corodex Group, National Industrial Gas Plants – Mohammed Hamad Al Mana Group, Yateem Oxygen, Dubai Industrial Gases, India Glycols Ltd., Tripti Gases Pvt. Limited, SICGIL India Limited, Ellenbarrie Industrial Gases Ltd., and Goyal MG Gases Pvt. Ltd.

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Segments Analysis:

The global industrial gas market has been segmented on the basis of gas type and application. Based on gas type, the industrial gases market has been segmented into oxygen, helium, nitrogen, hydrogen, carbon dioxide, acetylene, argon and others. Based on application, the industrial gases market has been segmented into healthcare, metal and metallurgy, pharma and biotech, chemicals, automotive and aerospace, electronics, pulp and paper, food and beverages and others.

Regional Market Analysis:

The region-wise analysis of the global industrial gases market includes four major regions such as Asia Pacific, North America, Europe and the rest of the world. The industrial gases market in the North America region is majorly driven by the high demand for industrial gases in rapidly developing automotive and construction industries in this region. The industrial gases market in the Asia Pacific region is expanding at a significant growth rate owing to the increased production activities for the export of industrial gases and also due to increasing use of basic oxygen furnace technology by major metal and metallurgy companies which is increasing the consumption of industrial gases in this region. Rise in production capacity of various end-use industries such as chemicals, metals, food and beverages, healthcare and construction are inducing high demand for industrial gases, which in turn is propelling the growth of industrial gases market in the Europe region.

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