According to the recent study the industrial gas market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 5% to 7% from 2023 to 2028. Growth in this market is primarily driven by increasing investment in manufacturing and processing industries, growing need for alternate energy sources, and increasing demand in the healthcare industry.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in industrial gas market by gas type (nitrogen,
oxygen, carbon dioxide, hydrogen, helium, argon, ammonia, methane, propane,
butane, and others), application (packaging, coolant, carbonation, cryogenic,
cutting and welding, laboratory, air separation, and others), distribution
(on-site, bulk, and cylinder), end use industry (metal manufacturing and
fabrication, healthcare, automotive and aerospace, electronics, energy, oil,
and gas, food and beverage, pulp and paper, chemicals, pharmaceutical and
biotechnology, and others), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
Download sample report by clicking
on below link
https://www.lucintel.com/industrial-gas-market.aspx
“Oxygen market is expected to remain the
largest segment during the forecast period.”
Based on gas type, the
industrial gas market is segmented into nitrogen, oxygen, carbon dioxide,
hydrogen, helium, argon, ammonia, methane, propane, butane, and others.
Lucintel forecasts that the oxygen market is expected to remain the largest
segment due to its wide usage in industries, increasing demand from healthcare
institutions, and a wide usage for treatment of hazardous wastes and polluted
waters.
“Within the industrial gas market, the healthcare segment is
expected to remain the largest end use industry.”
Based on end use
industry the healthcare segment is expected to witness the highest growth over
the forecast period due to the advancement of technology in the healthcare
industry and increasing requirement of bulk oxygen in many cases during
surgeries.
“Asia pacific will dominate the industrial gas market in near
future.”
APAC will remain the
largest region due to the increasing demand for industrial gases among end use
industries, presence of key players, and growing investment for sustainable
energy development in the region.
Download Brochure of this report by clicking on https://www.lucintel.com/industrial-gas-market.aspx.
Major players of
industrial gas market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Air Liquide, Air
Products & Chemicals, Messer Group, Taiyo Nippon Sanso, and The Linde Group
are among the major industrial gas providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/industrial-gas-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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