Specialty Gases Market

The global specialty gases market is currently witnessing a strong growth. Specialty gases refer to various industrial gases that are rare or highly purified. They include noble gases, such as argon, helium, xenon and krypton; carbon gases, such as carbon dioxide, carbon monoxide and methane; halogen gases, such as chlorine and fluorine, along with oxygen and nitrogen. These gases are commonly used as support gases for liquid and gas chromatography, in Fourier Transform Infrared (FTIR) and non-dispersive infrared (NDIR) techniques through analyzers, detectors, mass spectrometers and chromatographs. They find extensive applications across various industries, including manufacturing, healthcare, electronics, research and analytics, aerospace, etc.

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Specialty gases are commonly used in the chemical industry for eliminating or minimizing undesirable properties present in industrial gases and for various refining and processing functions. Furthermore, significant growth in the medical and healthcare sectors is another factor providing a boost to the market growth. For instance, compressed specialty gases are used for device sterilization and for providing contamination- and dust-free air to the patients. Additionally, widespread adoption of solar power systems is acting as another major growth-inducing factor. Silicon photovoltaic (PV) cells are processed using nitrogen, argon, silane, trichlorosilane, phosphoryl chloride and ammonia for enhanced energy-absorption, operational efficiency and cost-effectiveness. Other factors, including the increasing utilization of specialty gases to increase agricultural yield and extensive research and development (R&D) activities, are projected to drive the market further. Looking forward, IMARC Group expects the market to register a CAGR of around 6% during 2020-2025.

Breakup by Type:

• High Purity Gases
• Noble Gases
• Carbon Gases
• Halogen Gases
• Others
   

Breakup by Element:

• Argon
• Nitrogen
• Helium
• Carbon Monoxide
• Methane
• Oxygen
• Hydrogen
• Others
   

Breakup by Application:

• Manufacturing
• Electronics
• Healthcare
• Academics
• Others
   

Breakup by Packaging Type:

• Packaged
• Bulk and On-site
   

Breakup by Sales Type:

• Captive
• Merchant

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Advanced Gas Technologies Inc., Advanced Specialty Gases Inc., Air Products and Chemicals Inc., Airgas, DowDuPont, Honeywell International Inc., Kanto Denka Kogyo Co. Ltd., Messer Group, Mitsui Chemicals, Norco, Nova Gas Technologies Inc., Praxair, Showa Denko K.K., Taiyo Nippon Sanso Corporation, The Linde Group, Welsco Inc., etc.

Key Questions Answered in This Report:

• How has the global specialty gases market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the element?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the packaging type?
• What is the breakup of the market based on the sales type?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global specialty gases market and who are the key players?
• What is the degree of competition in the industry?

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    Key Industry Trends
5    Global Specialty Gases Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast
6    Market Breakup by Type 
    6.1    High Purity Gases
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Noble Gases
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Carbon Gases
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Halogen Gases
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Element
    7.1    Argon
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Nitrogen
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Helium
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Carbon Monoxide
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Methane
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Oxygen
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Methane
        7.7.1 Market Trends
        7.7.2 Market Forecast
    7.8    Hydrogen
        7.8.1 Market Trends
        7.8.2 Market Forecast
    7.9    Others
        7.9.1 Market Trends
        7.9.2 Market Forecast
8    Market Breakup by Packaging Type
    8.1    Packaged
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Bulk and On-site
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Sales Type
    9.1    Merchant
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Captive
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Indicators
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Advanced Gas Technologies Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
        15.3.2    Advanced Specialty Gases Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Air Products and Chemicals Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
        15.3.4    Airgas Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
        15.3.5    DowDuPont
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
        15.3.6    Honeywell International Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio 
        15.3.7    Kanto Denka Kogyo Co. Ltd.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
        15.3.8    Messer Group
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Mitsui Chemicals
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
        15.3.10    Norco
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 
        15.3.11    Nova Gas Technologies Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio 
        15.3.12    Praxair
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
        15.3.13    Showa Denko K.K.
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio 
        15.3.14    Taiyo Nippon Sanso Corporation
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio 
        15.3.15    The Linde Group
           15.3.15.1 Company Overview
           15.3.15.2 Product Portfolio 
        15.3.16    Welsco Inc.
           15.3.16.1 Company Overview
           15.3.16.2 Product Portfolio

List of Figures

Figure 1: Global: Specialty Gases Market: Major Drivers and Challenges
Figure 2: Global: Specialty Gases Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Specialty Gases Market: Breakup by Type (in %), 2019
Figure 4: Global: Specialty Gases Market: Breakup by Element (in %), 2019
Figure 5: Global: Specialty Gases Market: Breakup by Application (in %), 2019
Figure 5: Global: Specialty Gases Market: Breakup by Packaging Type (in %), 2019
Figure 5: Global: Specialty Gases Market: Breakup by Sales Type (in %), 2019
Figure 6: Global: Specialty Gases Market: Breakup by Region (in %), 2019
Figure 7: Global: Specialty Gases Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Specialty Gases (High Purity Gases) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Specialty Gases (High Purity Gases) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Specialty Gases (Noble Gases) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Specialty Gases (Noble Gases) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Specialty Gases (Carbon Gases) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Specialty Gases (Carbon Gases) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Specialty Gases (Halogen Gases) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Specialty Gases (Halogen Gases) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Specialty Gases (Other Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Specialty Gases (Other Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Specialty Gases (Argon) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Specialty Gases (Argon) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Specialty Gases (Nitrogen) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Specialty Gases (Nitrogen) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Specialty Gases (Helium) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Specialty Gases (Helium) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Specialty Gases (Carbon Monoxide) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Specialty Gases (Carbon Monoxide) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Specialty Gases (Methane) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Specialty Gases (Methane) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Specialty Gases (Oxygen) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Specialty Gases (Oxygen) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Specialty Gases (Hydrogen) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Specialty Gases (Hydrogen) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Specialty Gases (Other Elements) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Specialty Gases (Other Elements) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Specialty Gases (Manufacturing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Specialty Gases (Manufacturing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Specialty Gases (Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Specialty Gases (Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Global: Specialty Gases (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Global: Specialty Gases (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Global: Specialty Gases (Academics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Global: Specialty Gases (Academics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Global: Specialty Gases (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: Specialty Gases (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Global: Specialty Gases (Packaged) Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Global: Specialty Gases (Packaged) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Global: Specialty Gases (Bulk and On-site) Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Global: Specialty Gases (Bulk and On-site) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Global: Specialty Gases (Captive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Global: Specialty Gases (Captive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Global: Specialty Gases (Merchant) Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Global: Specialty Gases (Merchant) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: North America: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: North America: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: United States: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: United States: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Canada: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Canada: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Asia Pacific: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Asia Pacific: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: China: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: China: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Japan: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Japan: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: India: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: India: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: South Korea: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: South Korea: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Australia: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Australia: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Indonesia: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Indonesia: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Others: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Others: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Europe: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Europe: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Germany: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Germany: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: France: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: France: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: United Kingdom: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: United Kingdom: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Italy: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Italy: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Spain: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: Spain: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: Russia: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 87: Russia: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 88: Others: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 89: Others: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 90: Latin America: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 91: Latin America: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 92: Brazil: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 93: Brazil: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 94: Mexico: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 95: Mexico: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 96: Others: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 97: Others: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 98: Middle East and Africa: Specialty Gases Market: Sales Value (in Million US$), 2014 & 2019
Figure 99: Middle East and Africa: Specialty Gases Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 100: Global: Specialty Gases Industry: SWOT Analysis
Figure 101: Global: Specialty Gases Industry: Value Chain Analysis
Figure 102: Global: Specialty Gases Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Specialty Gases Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Specialty Gases Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: Global: Specialty Gases Market Forecast: Breakup by Element (in Million US$), 2020-2025
Table 4: Global: Specialty Gases Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Specialty Gases Market Forecast: Breakup by Element (in Million US$), 2020-2025
Table 6: Global: Specialty Gases Market Forecast: Breakup by Packaging Type (in Million US$), 2020-2025
Table 7: Global: Specialty Gases Market Forecast: Breakup by Sales Type (in Million US$), 2020-2025
Table 8: Global: Specialty Gases Market Structure
Table 9: Global: Specialty Gases Market: Key Players