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Press Release:
Industrial Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 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. For instance, hydrogen is used in the transportation industry; oxygen in gasification plants, hospitals and steel manufacturing; nitrogen in food preservation and the production of electronics; etc. The latest report by IMARC Group, titled “Industrial Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global industrial gases market reached a value of US$ 71 Billion in 2017.
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. 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.
The report has segmented the global industrial gases market on the basis of type, covering nitrogen, oxygen, carbon dioxide, argon and hydrogen. The market is further analysed on the basis of key applications, which include manufacturing, metallurgy, energy, chemicals and healthcare. Based on distribution channel, packaged supply accounts for the majority of the total sales, followed by bulk and on-site supply. Region-wise, Asia-Pacific is the major market, accounting for the largest share. Other regions include Middle East and Africa, North America, Europe and Latin America. Some of the key players operating in the market include Air Liquide S.A., Linde Group, Praxair, Inc., Air Products and Chemicals, Inc., and Airgas, Inc.
This report provides a deep insight into the global industrial gases market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the industrial gases market in any manner.
Key Questions Answered in This Report:
- How has the global industrial gases market performed so far and how will it perform in the coming years?
- What are the key regions in the global industrial gases market?
- What are the key application segments in the global industrial gases market?
- Which are the major product types in the global industrial gases market?
- What are the various stages in the value chain of the global industrial gases market?
- What are the key driving factors and challenges in the global industrial gases market?
- What is the structure of the global industrial gases market and who are the key players?
- What is the degree of competition in the global industrial gases market?
- How are industrial gases manufactured?
- What are the import and export trends of industrial gases?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Properties
4.3 Key Industry Trends
5 Global Industrial Gases Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Application
5.5 Market Breakup by Supply Mode
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Nitrogen
6.2 Oxygen
6.3 Carbon Dioxide
6.4 Argon
6.5 Hydrogen
6.6 Others
7 Market Breakup by Application
7.1 Manufacturing
7.2 Metallurgy
7.3 Energy
7.4 Chemicals
7.5 Healthcare
7.6 Others
8 Market Breakup by Supply Mode
8.1 Packaged
8.2 Bulk
8.3 On-Site
9 Market Breakup by Region
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East and Africa
10 Imports and Exports
10.1 Imports by Major Countries
10.2 Exports by Major Countries
11 Industrial Gases Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Air Liquide S.A.
12.3.2 Linde Group
12.3.3 Praxair, Inc.
12.3.4 Air Products and Chemicals, Inc.
12.3.5 Airgas, Inc.
List of Figures
Figure 1: Global: Industrial Gases Market: Major Drivers and Challenges
Figure 2: Global: Industrial Gases Market: Sales Value (in Million US$), 2010-2017
Figure 3: Global: Industrial Gases Market: Breakup by Type (in %), 2017
Figure 4: Global: Industrial Gases Market: Breakup by Application (in %), 2017
Figure 5: Global: Industrial Gases Market: Breakup by Supply Mode (in %), 2017
Figure 6: Global: Industrial Gases Market: Breakup by Region (in %), 2017
Figure 7: Global: Industrial Gases Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 8: Global Industrial Gases Industry: SWOT Analysis
Figure 9: Global Industrial Gases Industry: Value Chain Analysis
Figure 10: Global: Industrial Gases Industry: Porter’s Five Forces Analysis
Figure 11: Global: Industrial Gases Market (Applications in Manufacturing): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Global: Industrial Gases Market (Applications in Metallurgy) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13: Global: Industrial Gases Market (Applications in Energy) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Global: Industrial Gases Market (Applications in Chemicals) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: Global: Industrial Gases Market (Applications in Healthcare) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Global: Industrial Gases Market (Applications in Other Sectors) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Global: Industrial Gases Market: Packaged Supply Mode (in Million US$), 2010, 2017 & 2023
Figure 18: Global: Industrial Gases Market: Bulk Supply Mode (in Million US$), 2010, 2017 & 2023
Figure 19: Global: Industrial Gases Market: On-Site Supply Mode (in Million US$), 2010, 2017 & 2023
Figure 20: North America: Industrial Gases Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 21: Europe: Industrial Gases Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 22: Asia Pacific: Industrial Gases Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 23: Latin America: Industrial Gases Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 24: Middle East and Africa: Industrial Gases Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 25: Global: Industrial Gases: Import Breakup by Country (in %)
Figure 26: Global: Industrial Gases: Export Breakup by Country (in %)
Figure 27: Industrial Gases Manufacturing Process: Process Flow
List of Tables
Table 1: Industrial Gases: General Properties
Table 2: Global: Industrial Gases Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Industrial Gases Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 4: Global: Industrial Gases Market Forecast: Breakup by Supply Mode (in Million US$), 2018-2023
Table 5: Global: Industrial Gases Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 6: Global: Industrial Gases: Import Data by Country
Table 7: Global: Industrial Gases: Export Data by Country
Table 8: Industrial Gases: Raw Material Requirements
Table 9: Global: Industrial Gases Market Structure
Table 10: Global: Industrial Gases Market: Key Players
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