Industrial gas regulators Market- 2019 Overview, Analysis and Forecast to 2025
Industrial gas regulators are adapted to maintain the direction of a fluid or gas flowing through the piping system. The global industrial gas regulator market has developed exponentially in the last few years and this trend is estimated to continue. Industrial gas regulators are control devices that maintain the pressure level to make sure safe and effective operations in various applications across numerous industries.
According to BlueWeave Consulting, The Global Industrial Gas Regulators Market is expected to grow with a significant rate during the forecast period 2019-2025. Industrial gas regulators are the safety devices used to control devices useful for maintaining gas pressure in various applications across various industries. The increasing demand for industrial gases like hydrogen, helium, nitrogen, and carbon dioxide from the automotive, electronics, steel and metal, refining, and chemical sectors will prompt the growth of industrial gas regulator market.
Gas regulators used for maintaining temperature as different industries operate at various temperatures. Rising production and consumption of natural gas in North America and APAC are leading to the construction of natural gas pipelines and storage facilities. The utilization of innovation in the development of the modern gas regulators is additionally boosting the growth of the worldwide industrial gas regulators market. Furthermore, increasing demand for technologically advanced gas regulators with the growing need for enhanced reliability, improved performance, and for reducing work redundancy also expected to fuel the market growth of industrial gas regulators.
Global Industrial Gas Regulators Market: Competitive Landscape
Companies such as Emerson Electric Co., The Linde Group, Air Liquide, Praxair Inc., Air Products and Chemicals Inc., Airgas Inc., Colfax Corporation, Itron, Cavagna Group SPA, and GCE Group are the leading players of industrial gas regulators market across the globe.
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Among Type, Single stage regulator segment holds the largest market share of the global industrial gas regulators market during the forecast period
Based on type, single stage regulator is anticipated to witness significant growth during the forecast period due to its growth in the processing and manufacturing sector for industrial general purpose. Also, its low consumption of energy and availability at a cheaper price is projected to boost the demand for single stage regulator. Single stage regulator is ideal for minimal inlet pressure variation applications while dual stage regulator is designed to tackle recurrent variations in the rate of gas flow. Single stage regulator covers multiple applications which include calibration gases, high purity gases, liquid and gas chromatography, and high purity chamber pressurization.
Asia Pacific is the fastest growing region of the global industrial gas regulators market during the forecast period
Global industrial gas regulators market by region can be sub-divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and MEA are expected to be the most lucrative region for industrial gas regulators market in the coming years. Due to the growing demand for natural gas for power generation and industrial units among consumers primarily in the U.S., expected to drive growth in the region. Asia Pacific market expecteded to be the fastest growing region in terms of revenue in the near future. Rapidly increasing Chinese manufacturing industries and metal production industries coupled with rising electronics market are the factors driving the growth of the industrial gas regulators market in the Asia Pacific region.
Table Of Content:
- Research Framework
- Research Methodology
- Executive Summary
- Industry Insights
- Global Industrial Gas Regulators Market Overview
- North America Industrial Gas Regulators Market
- Europe Industrial Gas Regulators Market
- Asia Pacific Industrial Gas Regulators Market
- Latin America Industrial Gas Regulators Market
- Middle East & Africa Industrial Gas Regulators Market
- Company Profile
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