Global Gas Mixtures Market
Posted: Mar 28, 2019
https://www.maximizemarketresearch.com/market-report/global-gas-mixtures-market/26284/">Global Gas Mixtures Market was valued at US$ 30.2Bn in 2017 and is expected to reach US$ 43.2Bn by 2026 at a CAGR of 4.5%.
Global gas mixtures market has been developing at a faster pace with the advance creative systems. Factors such as robust growth of automotive industry and increasing demand for electronic products and growing demand from the healthcare sector drives the gas mixtures market. However, high equipment costs and complicated manufacturing processes act as a restraint for the global gas mixtures market. The growth of the chemical industry in the developing and under-developed regions provides an opportunity for the global gas mixtures market to grow even further. Metal manufacturing & fabrication segment is estimated to be the fastest-growing end-use industry in the forecast period. Medical & healthcare segment is the second largest in the global gas mixture market. Gas mixture are regularly used by healthcare professionals for diagnostic and treatment purposes. Additionally, gas mixture has varied usage in pharmaceutical and biotechnology industry, such as, pharmaceutical manufacturing, cell culture studies, and drug discovery and development. With significant economic growth, the major end-user industries of gas mixture such as the automotive, construction, aerospace and defense, electrical equipment, and industrial machinery have been booming, leading to the increased demand for gas mixture required in the manufacturing processes. Hydrogen gas mixtures is leading the gas mixture market whereas, oxygen mixtures is predicted to grow at the highest CAGR. Hydrogen finds its wide usage owing to its properties such as temperature and pressure, hydrogen is a nontoxic, nonmetallic, odorless, tasteless, colorless, and highly combustible diatomic gas.Oxygen will play a key role in changing the gas mixtures landscape during the forecast period. Owed to growth of the metal fabrication industry, gas mixtures such as oxygen mixtures, carbon dioxide mixtures, and hydrogen mixtures are widely used to enhance the arc characteristics or facilitate metal transfer in gas metal arc welding. North America is estimated to have the major market share, while Asia-Pacific is anticipated to grow at the highest CAGR from 2017 to 2026. Asia-Pacific offers potential growth opportunities, as developing countries, for instance, China and India are
This Report Is Submitted By @Global Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH PVT. LTD.
Address: Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Mahara
Email: email@example.com Maharashtra 411051, India.
Contact: +91 20 6630 3320/ +919607065656
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things,