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Specialty Gas Market Outlook, Trend, Growth and Share Estimation Analysis
Posted: Jan 27, 2020
Data Bridge Market research released a new market study on Specialty Gas Market with 100+ market data Tables, Pie Chart, Graphs & Figures spread through Pages and easy to understand detailed analysis In Specialty Gas Market research report also directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. The report consists of all the detailed profiles for the Specialty Gas Market major manufacturers and importers who are influencing the market. Specialty Gas Market survey provides key information about the industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe. This market study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period derived with the help of SWOT analysis.
Global specialty gas market is projected to register a healthy CAGR of 7.1% in the forecast period of 2019 to 2026.
Specialty Gas Market ScenarioAccording to Data Bridge Market Research, the specialty gas market will be dominated by North America with the region holding the largest market share for specialty gas in the forecasted period of 2019 to 2026. Asia-Pacific is expected to witness the highest growth rate amongst all of the regions with the rapid surge of industrialization and improvements in the manufacturing industries’ performance optimization in the region.
Scope of the Specialty Gas MarketGlobal Specialty Gas Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).
All country based analysis of the specialty gas market is further analysed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into high purity gases, noble gas, carbon gas, halogen gas and other gas. Application has been segmented into manufacturing, electronics, academics, analytical, calibration, refrigeration, healthcare and others. Ingredients have been segmented into argon, bromine, nitrogen, helium, carbon monoxide, xenon, methane, krypton, oxygen, neon, hydrogen and others.
Specialty gases are defined as the gas variants having the capability of providing test results of less than or equal to 99.99999% in terms of purity. This test is carried out generally after the high pressure storage cylinders are filled with these gases. Major types that constitute or come under specialty gases are pure gases such as nitrogen, argon, oxygen or specialized custom blends. The major applications of these gases are under the manufacturing industries for different products along with electronics, healthcare, academics and analytical technologies.
Key Vendors operating in the Market:
- Praxair Technology, Inc.
- SHOWA DENKO K.K.
- Coregas
- Air Liquide
- Butler Gas Products Company
- Chemix Gases
- Guangdong Huate Gas Co., Ltd.
- SGC
- TAIYO NIPPON SANSO CORPORATION
- Welsco Inc.
- Air Products and Chemicals, Inc.
- Messer Group GmbH
- Mitsui Chemicals, Inc.
- Linde
- PURITYPLUS SPECIALTY GASES
- Southern Industrial Gas Sdn Bhd
- Kanto Denka Kogyo Co., Ltd.
- SpecAir
- This Specialty Gas Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns. Also it creates a relationship of the market outlook with Porter Five Force Analysis
- This research report is inclusive concept of the market progression. The market progression considers the components of the present situation and compares the current scenario of the market with future developmental chances.
- The Specialty Gas Market research report includes investigation at global and regional levels. These comprehensive and local level investigations are inclusive of the request as well as the supply powers which in turn willingly or unwillingly affects the market development
- Various Topics such as product offering, finance related data, recent developments, analysis of Strengths, weakness, Opportunities and Threats in the upcoming scenario are highlighted in this research report.
- In November, Praxair signed a long term hydrogen supply agreement with Phillips 66 Sweeny Refinery for supplying pure hydrogen to one of the Sweeny Refinery in Texas in early 2021. This would basically increase the hydrogen capacity to more than 1.5 billion cubic feet per day in Praxair’s Gulf Coast
- In March, Coregas had partnered with Hyundai for the making of hydrogen-powered cars and bringing them in the market. Coregas supplies compressed hydrogen gas of high purity to their refusing station..
- In January, Coregas announced its partnership with Brad Jones Racing as their new gas supplier until 2020. BJR being the only V8 supercar team in the area provides a strategical advantage to Coregas.
- In December, Air Products announced that they sign an industrial gas equipment agreement with N.V. Nederlandse Gasunie which will help in the matter of national energy importance for Netherland. Air Products will supply Gasunie three generation plants to produce the nitrogen.
Following are the reasons to consider this Specialty Gas Market report:
- This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
- The report analyzes various factors which act as drivers and restraints to development the overall Specialty Gas Market.
- This report not only analyzes present market condition but it likewise estimates how the Specialty Gas Market t is going to perform for estimated time period of 2019-2026.
- It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.