Worldwide Industrial Gas Market
Industrial gas industry is the back bone of the industrial sector. Industrial gases are used in the manufacturing process of virtually all the major industries. Industrial gases were discovered during the later half of the eighteenth century. The main gases are oxygen, nitrogen, argon, hydrogen and some specialty gases.
These gases are present in the natural air and are extracted from there through a separation process while some gases are produced through chemical synthesis. The gas separation techniques used are cryogenic and non-cryogenic. The cryogenic methods are the traditional and most popular. Under the cryogenic method separation depends on cooling as well as pressurizing the air till it becomes liquid.
The energy, electronics, and health care sectors continue to drive worldwide growth for gas firms. The main driving factors for the growth of industrial gases are demand for improving product quality and environment performance.
The big four players of this industry are Air Liquid, Linde, Praxair and Air Products & Chemicals and these together command a large share of the market. The industry is capital intensive and requires a huge capital while the earnings are spread a longer period as gases are normally provided on contracts that lasts upto fifteen years. These factors prove as barriers of entry for new players.
This report analyzes the state and growth of this industry. It discusses the various separation techniques used. The report talks about the recent happenings in the industry, the trends and the size of the industry. It also discusses the major players in this industry and the market share they command.
These gases are present in the natural air and are extracted from there through a separation process while some gases are produced through chemical synthesis. The gas separation techniques used are cryogenic and non-cryogenic. The cryogenic methods are the traditional and most popular. Under the cryogenic method separation depends on cooling as well as pressurizing the air till it becomes liquid.
The energy, electronics, and health care sectors continue to drive worldwide growth for gas firms. The main driving factors for the growth of industrial gases are demand for improving product quality and environment performance.
The big four players of this industry are Air Liquid, Linde, Praxair and Air Products & Chemicals and these together command a large share of the market. The industry is capital intensive and requires a huge capital while the earnings are spread a longer period as gases are normally provided on contracts that lasts upto fifteen years. These factors prove as barriers of entry for new players.
This report analyzes the state and growth of this industry. It discusses the various separation techniques used. The report talks about the recent happenings in the industry, the trends and the size of the industry. It also discusses the major players in this industry and the market share they command.
1. OVERVIEW
Introduction
Gas Processing Technology
Cryogenic Technology
Structure of the Industrial Gas Market
2. MARKET SIZE
Worldwide Market Share
US Demand Forecast
3. MARKET DRIVERS
3.1 Making Environmentally Clean Products
3.2 Energy Demand in Emerging Markets
3.3 China’s Coal Reserves
4. BARRIERS TO ENTRY
4.1 Investment Capacity and Financial Resilience
4.2 Creation of Customer Bases and Supply Organizations
5. MERGERS AND ACQUISITIONS
Airgas
Praxair
Linde
Air Liquide
Air Products & Chemicals
6. COMPETITIVE LANDSCAPE
Financial Comparison
Market Position by End Markets
Market Position by Geography
Market Position by Segments
7. COMPANY PROFILES
7.1 Linde
Overview
Key Financials
Business Strategies
Strengthening Business Profile
Reducing Debt Margins
Sustainable Growth
Expansion in Specialty Gases
7.2 Air Liquide
Overview
Key Financials
Business Strategies
Customer Diversification
Strong Focus on Healthcare
New Opportunities
Growing Portfolio of Projects
7.3 Air Product
Overview
Key Financials
Business Strategies
Getting More Focused, Less Cyclical
Focus on Europe and Asia
8. COMPARATIVE SWOT ANALYSIS
8.1 Linde
Strengths
Strong in Emerging Markets
Engineering Growth
Weaknesses
Weakness in Onsite and Hydrogen Business
Opportunities
Strong Growth in Industrial Gas Market
Threats
Economic Cyclicality
Other Risks
8.2 Air Liquide
Strengths
Strong Geographical Mix
Well-positioned in Cylinder Gases
Weaknesses
Weak Financial Performance Vs Peers
Opportunities
Onsite Business in Hydrogen
Threats
Enormous Potential
Global Vs Local Opportunities
8.3 Air Products and Chemicals
Strengths
Market Leadership
Energy Driving Growth
Weaknesses
Weak Outlook for Equipment and Energy
Opportunities
Good Prospects in Hydrogen and Oxygen
Threats
Volatility in Raw Material Costs
Introduction
Gas Processing Technology
Cryogenic Technology
Structure of the Industrial Gas Market
2. MARKET SIZE
Worldwide Market Share
US Demand Forecast
3. MARKET DRIVERS
3.1 Making Environmentally Clean Products
3.2 Energy Demand in Emerging Markets
3.3 China’s Coal Reserves
4. BARRIERS TO ENTRY
4.1 Investment Capacity and Financial Resilience
4.2 Creation of Customer Bases and Supply Organizations
5. MERGERS AND ACQUISITIONS
Airgas
Praxair
Linde
Air Liquide
Air Products & Chemicals
6. COMPETITIVE LANDSCAPE
Financial Comparison
Market Position by End Markets
Market Position by Geography
Market Position by Segments
7. COMPANY PROFILES
7.1 Linde
Overview
Key Financials
Business Strategies
Strengthening Business Profile
Reducing Debt Margins
Sustainable Growth
Expansion in Specialty Gases
7.2 Air Liquide
Overview
Key Financials
Business Strategies
Customer Diversification
Strong Focus on Healthcare
New Opportunities
Growing Portfolio of Projects
7.3 Air Product
Overview
Key Financials
Business Strategies
Getting More Focused, Less Cyclical
Focus on Europe and Asia
8. COMPARATIVE SWOT ANALYSIS
8.1 Linde
Strengths
Strong in Emerging Markets
Engineering Growth
Weaknesses
Weakness in Onsite and Hydrogen Business
Opportunities
Strong Growth in Industrial Gas Market
Threats
Economic Cyclicality
Other Risks
8.2 Air Liquide
Strengths
Strong Geographical Mix
Well-positioned in Cylinder Gases
Weaknesses
Weak Financial Performance Vs Peers
Opportunities
Onsite Business in Hydrogen
Threats
Enormous Potential
Global Vs Local Opportunities
8.3 Air Products and Chemicals
Strengths
Market Leadership
Energy Driving Growth
Weaknesses
Weak Outlook for Equipment and Energy
Opportunities
Good Prospects in Hydrogen and Oxygen
Threats
Volatility in Raw Material Costs
LIST OF TABLES
Gas Majors ROCE (2000-06)
Gas Majors - Focus on Industrial Gases
Aggregate Operating Margin of Industrial Gas Industry Majors (1991-2006)
Leading Positions of Global Gas Majors by Geography (2007)
Gas Majors - Global Market Positions by Segment (2007)
Gas Majors – Sales Breakup by End Market (2007)
Gas Majors ROCE (2000-06)
Gas Majors - Focus on Industrial Gases
Aggregate Operating Margin of Industrial Gas Industry Majors (1991-2006)
Leading Positions of Global Gas Majors by Geography (2007)
Gas Majors - Global Market Positions by Segment (2007)
Gas Majors – Sales Breakup by End Market (2007)
LIST OF CHARTS
Types of Gas Processing Technologies
Dry Physical Separation
Gas Majors Share of Global Sales (2007)
U.S. Industrial Gas Demand Forecast by End Market (2010)
Estimated Sales of Major Industrial Gas Players in China
Linde - Revenue and Margins Growth (2003-07)
Air Liquide - Revenue and Margins Growth (2003-07)
Air Product & Chemicals - Revenue and Margins Growth (2003-07)
Comparative SWOT Chart
Types of Gas Processing Technologies
Dry Physical Separation
Gas Majors Share of Global Sales (2007)
U.S. Industrial Gas Demand Forecast by End Market (2010)
Estimated Sales of Major Industrial Gas Players in China
Linde - Revenue and Margins Growth (2003-07)
Air Liquide - Revenue and Margins Growth (2003-07)
Air Product & Chemicals - Revenue and Margins Growth (2003-07)
Comparative SWOT Chart
