Industrial Gases Market Size, Share, Development, Growth and Demand Forecast to 2020

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  • GLOBAL INDUSTRY INSIGHT: Industrial Gases Market Size, Share, Development, Growth and Demand

    Forecast to 2020

  • P&S Market Research. All rights reserved 2

    Global Industrial Gases Market Size, Share, Development,

    Growth and Demand Forecast to 2020

    Some of the major factors driving the growth of the global industrial gases market are rapid industrialization and

    increasing population. Industrial gases have applications in various industries, such as petrochemicals, oil and

    gas, mining, pharmaceuticals, electronics, fertilizer, and nuclear power; which is fueling the growth of the global

    industrial gases market. In addition, the advancement in industrial gas production technology, and huge demand

    in emerging economies, such as India and China are driving the growth of the global industrial gases market.

    Explore More about Global Industrial Gases Market at: https://www.psmarketresearch.com/market-

    analysis/industrial-gases-market

    Moreover, the increased demand for high quality gas solutions in aerospace industry; and significant growth of

    pharmaceutical, food and beverage industries in the emerging economies, such as China, India, and Brazil are

    creating ample opportunities for the growth of the global industrial gases market, during the forecast period. In

    addition, the increasing adoption of cryogenic processes for industrial air separation and increasing usage of

    gaseous mixtures, such as syngas (a mixture of carbon monoxide and hydrogen) are the key trends witnessed in

    the global industrial gases market. However, huge capital required for the production and purification of industrial

    gases, and high cost associated with storage and transportation of the industrial gases are restraining the growth

    of the global industrial gases market to some extent.

    Industrial gases refer to the group of gases, which are produced for usage in several industries. Some of the

    major industrial gases are oxygen, helium, nitrogen, carbon dioxide, argon, acetylene, and others. The industrial

    gases are exploited for their physical and chemical properties, such as coldness, inertness and reactivity. The

    industrial gases are used to maintain and protect product quality, and produce specialty products. These gases

    are produced, stored, and transported in both liquid and gas form. Oxygen is utilized to enhance the reaction

    rates in the chemical and biochemical reactions. In food and beverage and biotechnology industries, oxygen

    enhances the biological activity of microorganisms. Carbon dioxide is used as raw material for several chemical

    processes, such as neutralizing alkaline materials. Hydrogen and methane are used for chemical production and

    combustion processes. Moreover, nitrogen, helium, carbon dioxide, and argon are used as inert gases in several

    applications, such as maintenance of controlled room environment, wielding, manufacturing of non-flammable

    devices, and sparging process. Some of the major application areas of these industrial gases are metal

    fabrication, steel production, biopharmaceutical and chemical manufacturing, plastic and rubber manufacturing,

    and brewing processes.

    Browse Related Research at: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-

    energy

    Geographically, Asia-Pacific leads the global industrial gases market, owing to high demand of industrial gases in

    chemical, pharmaceutical and steel industry, large population, and rapid industrialization. In addition, the high

    https://www.psmarketresearch.com/market-analysis/industrial-gases-markethttps://www.psmarketresearch.com/market-analysis/industrial-gases-markethttps://www.psmarketresearch.com/market-analysis/industrial-gases-markethttps://www.psmarketresearch.com/industry-report/chemicals-materials-and-energyhttps://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy

  • P&S Market Research. All rights reserved 3

    Global Industrial Gases Market Size, Share, Development,

    Growth and Demand Forecast to 2020

    demand of gaseous mixtures in steel and polymer industries is also supporting the growth of the industrial gases

    market in the region. Moreover, the increasing gross domestic product and growing consumption of industrial

    gases in India and China are driving the growth of the industrial gases market in Asia-Pacific.

    The key players operating in the global industrial gases market are Praxair Inc., Air Products and Chemicals Inc.,

    Linde AG, Air Products and Chemicals Inc., Air Liquide, Airgas Inc., and Taiyo Nippon Sanso Corporation

    MARKET SEGMENTATION

    Global Industrial Gases Market, By Type

    Oxygen

    Nitrogen

    Hydrogen

    Carbon Dioxide

    Acetylene

    Helium

    Argon

    Others

    Global Industrial Gases Market, By Geography

    North America

    Europe

    Asia-Pacific

    Rest of the World

    About P&S Market Research

  • P&S Market Research. All rights reserved 4

    Global Industrial Gases Market Size, Share, Development,

    Growth and Demand Forecast to 2020

    P&S Market Research is a market research company, which offers market research and consulting services for

    various geographies around the globe. We provide market research reports, industry forecasting reports,

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