Industrial Gases Market by Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Inert Gases), End-use Industry (Chemicals, Electronics, Food & Beverages, Healthcare, Manufacturing, Metallurgy, and Refining), and Region - Global Forecast to 2028
The industrial gases market is projected to grow from USD 105.6 billion in 2023 to USD 137.9 billion by 2028 at a CAGR of 5.5%. Industrial gases, including nitrogen, oxygen, carbon dioxide, hydrogen, acetylene, and inert gases, play a pivotal role in various industries, from manufacturing to healthcare, refining, etc. The market is witnessing considerable growth due to the growing demand from the electronics industry, the growing demand for frozen food, and the rise in chronic diseases. The growing semiconductor market and interest in hydrogen as clean energy are anticipated to provide ample opportunities to fuel the market's growth. Strict regulatory compliance and volatile raw material costs have emerged as major restraints. Emerging economies are expected to witness the highest demand for industrial gases.
“Nitrogen to be the second largest type in industrial gases market after oxygen.”
Nitrogen commands the second-largest share in the industrial gases market, owing to its versatile applications across various industries. Widely utilized in manufacturing, nitrogen serves as an inert gas for processes such as blanketing and purging, preventing unwanted reactions and enhancing product quality. In the food and beverage industry, it finds application in packaging to extend the shelf life of perishable goods. Additionally, nitrogen is a crucial component in the electronics sector, playing a vital role in the production of semiconductors and preventing oxidation during soldering processes. Its significance in diverse applications underscores nitrogen's pivotal position in the industrial gases market.
“Manufacturing holds the second largest market share in industrial gases market”
The automotive industry relies significantly on industrial gases for various critical processes. Industrial gases, such as nitrogen and argon, find widespread use in welding applications, ensuring the structural integrity of vehicles through precise and controlled heat distribution. Moreover, industrial gases like hydrogen and oxygen are employed in fuel cell technologies, contributing to the growing trend of alternative and cleaner energy sources in the automotive sector. As the global automotive industry continues to expand and transition towards greener technologies, the demand for industrial gases is set to surge, making them integral to the manufacturing processes and innovation within the automotive market.
“North America is the second biggest market for industrial gases.”
The region, owing to its fast pace of economic development and demand from a wide range of industries such as chemicals, electronics, food & beverages, healthcare, and manufacturing is helping industrial gases market to grow. Top industrial gases manufacturers such as Air Liquide (France) and Linde plc (England) have their production plants in North America. The US and Canada are the most developed countries in North America. In terms of value, the US accounted for the largest share of the industrial gases market in North America in 2022.
Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments, and information was gathered through secondary research.
The break-up of primary interviews is given below:
Notes: Tier 1: >USD 5 Billion; Tier 2: USD 1 Billion– USD 5 Billion; and Tier 3:
Companies Covered: The companies profiled in this market research report include Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan) and others.
Research Coverage:
The market study covers industrial gases across various segments. It aims to estimate the market size and the growth potential of this market across different segments based on type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the industrial gases market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall industrial gases market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
The report provides insights on the following pointers:
“Nitrogen to be the second largest type in industrial gases market after oxygen.”
Nitrogen commands the second-largest share in the industrial gases market, owing to its versatile applications across various industries. Widely utilized in manufacturing, nitrogen serves as an inert gas for processes such as blanketing and purging, preventing unwanted reactions and enhancing product quality. In the food and beverage industry, it finds application in packaging to extend the shelf life of perishable goods. Additionally, nitrogen is a crucial component in the electronics sector, playing a vital role in the production of semiconductors and preventing oxidation during soldering processes. Its significance in diverse applications underscores nitrogen's pivotal position in the industrial gases market.
“Manufacturing holds the second largest market share in industrial gases market”
The automotive industry relies significantly on industrial gases for various critical processes. Industrial gases, such as nitrogen and argon, find widespread use in welding applications, ensuring the structural integrity of vehicles through precise and controlled heat distribution. Moreover, industrial gases like hydrogen and oxygen are employed in fuel cell technologies, contributing to the growing trend of alternative and cleaner energy sources in the automotive sector. As the global automotive industry continues to expand and transition towards greener technologies, the demand for industrial gases is set to surge, making them integral to the manufacturing processes and innovation within the automotive market.
“North America is the second biggest market for industrial gases.”
The region, owing to its fast pace of economic development and demand from a wide range of industries such as chemicals, electronics, food & beverages, healthcare, and manufacturing is helping industrial gases market to grow. Top industrial gases manufacturers such as Air Liquide (France) and Linde plc (England) have their production plants in North America. The US and Canada are the most developed countries in North America. In terms of value, the US accounted for the largest share of the industrial gases market in North America in 2022.
Extensive primary interviews were conducted to determine and verify the market size for several segments and sub-segments, and information was gathered through secondary research.
The break-up of primary interviews is given below:
- By Company Type - Tier 1: 55%, Tier 2: 30%, and Tier 3: 15%
- By Designation – C-Level: 55%, D-Level: 35%, and Others: 10%
- By Region – North America: 25%, Europe: 20%, Asia Pacific: 45%, South America: 5%, and Middle East & Africa: 5s%
Notes: Tier 1: >USD 5 Billion; Tier 2: USD 1 Billion– USD 5 Billion; and Tier 3:
Companies Covered: The companies profiled in this market research report include Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan) and others.
Research Coverage:
The market study covers industrial gases across various segments. It aims to estimate the market size and the growth potential of this market across different segments based on type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the industrial gases market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall industrial gases market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (growing demand from electronics industry, growing demand for frozen food, and rise in chronic diseases), restraints (strict regulatory compliance, volatile raw material costs) opportunities (growing semiconductor market, growing interest in hydrogen as a clean energy, and expansion of industrial activities in emerging market), and challenges (supply chain disruptions, and maintaining the safety of employees) influencing the growth of the industrial gases market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the industrial gases market
- Market Development: Comprehensive information about lucrative markets – the report analyses the industrial gases market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the industrial gases market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan) among others in the industrial gases market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 INDUSTRIAL GASES MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 LIMITATIONS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 INDUSTRIAL GASES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key industry insights
2.2 MARKET ESTIMATION PROCESS
2.2.1 TOP-DOWN APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.3 BASE NUMBER CALCULATION
2.3.1 DEMAND-SIDE APPROACH
FIGURE 5 APPROACH 1
2.3.2 SUPPLY-SIDE APPROACH
FIGURE 6 APPROACH 2
2.4 DATA TRIANGULATION
FIGURE 7 INDUSTRIAL GASES MARKET: DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.6.1 RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 8 OXYGEN TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 9 MANUFACTURING TO BE LARGER END-USE SEGMENT DURING FORECAST PERIOD
FIGURE 10 ASIA PACIFIC TO BE FASTEST GROWING REGION DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL GASES MARKET
FIGURE 11 DEVELOPING COUNTRIES OFFER ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL GASES MARKET
4.2 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY TYPE & COUNTRY
FIGURE 12 CHINA AND OXYGEN ACCOUNTED FOR LARGEST MARKET SHARES IN INDUSTRIAL GASES MARKET IN 2022
4.3 INDUSTRIAL GASES MARKET, BY TYPE
FIGURE 13 OXYGEN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.4 INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY
FIGURE 14 MANUFACTURING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.5 INDUSTRIAL GASES MARKET, BY KEY COUNTRY
FIGURE 15 INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 INDUSTRIAL GASES MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand from electronics industry
5.2.1.2 Wide deployment of industrial gases in refrigeration and preservation of frozen foods
5.2.1.3 Increasing use of nitrogen and helium for cryopreservation and medical imaging
FIGURE 17 PERCENTAGE OF POPULATION AGED 65 YEARS OR ABOVE
5.2.2 RESTRAINTS
5.2.2.1 Stringent regulatory compliance
5.2.2.2 Volatile raw material prices
FIGURE 18 UNITED STATES NATURAL GAS INDUSTRIAL PRICE (USD PER THOUSAND CUBIC FEET)
5.2.3 OPPORTUNITIES
5.2.3.1 Growing semiconductor market
5.2.3.2 Growing interest in hydrogen as a clean energy
5.2.3.3 Expansion of industrial activities in emerging market
5.2.4 CHALLENGES
5.2.4.1 Supply chain disruptions
5.2.4.2 Maintaining the safety of employees
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 19 PORTER’S FIVE FORCES ANALYSIS
TABLE 1 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 SUPPLY CHAIN ANALYSIS
5.5 VALUE CHAIN ANALYSIS
FIGURE 20 INDUSTRIAL GASES: VALUE CHAIN ANALYSIS
5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 21 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 TARIFF AND REGULATORY LANDSCAPE
5.7.1 TARIFF RELATED TO INDUSTRIAL GASES MARKET
TABLE 2 AVERAGE TARIFF RATES BY COUNTRY
5.7.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 3 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 4 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.8 TECHNOLOGY ANALYSIS
5.8.1 CRYOGENIC AIR SEPARATION PROCESS WITH FLASH SEPARATOR
5.8.2 MEMBRANE SEPARATION
5.9 ECOSYSTEM MAPPING
FIGURE 22 KEY PLAYERS IN INDUSTRIAL GASES MARKET ECOSYSTEM
TABLE 7 INDUSTRIAL GASES MARKET: ECOSYSTEM MAPPING
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 23 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP END-USE INDUSTRIES
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END-USE INDUSTRIES (%)
5.10.2 BUYING CRITERIA
FIGURE 24 KEY BUYING CRITERIA FOR TOP INDUSTRIAL GASES END-USE INDUSTRIES
TABLE 9 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIAL GASES END-USE INDUSTRIES
5.11 KEY CONFERENCES AND EVENTS IN 2024–2025
TABLE 10 KEY CONFERENCES AND EVENTS IN 2024–2025
5.12 IMPORT AND EXPORT SCENARIO
5.12.1 EXPORT SCENARIO
FIGURE 25 EXPORTS (HS CODE 2804), BY KEY COUNTRY, 2018-2022 (USD BILLION)
5.12.2 IMPORT SCENARIO
FIGURE 26 IMPORTS (HS CODE 2804), BY KEY COUNTRY, 2018-2022 (USD BILLION)
5.13 PATENT ANALYSIS
FIGURE 27 NUMBER OF PATENTS GRANTED FOR INDUSTRIAL GASES MARKET, 2014–2023
FIGURE 28 REGIONAL ANALYSIS OF PATENTS GRANTED FOR INDUSTRIAL GASES MARKET, 2014–2023
TABLE 11 FEW PATENTS IN INDUSTRIAL GASES MARKET, 2022–2023
5.14 CASE STUDY ANALYSIS
5.14.1 ACCURATE AND RELIABLE FLOW MEASUREMENTS OF INDUSTRIAL GASES MARKET
5.14.2 MODULAR APPROACH TO COMPRESSORS IN NEW AIR SEPARATION PLANT
5.14.3 EFFICIENT GAS MANAGEMENT DURING WELDING OPERATIONS
5.15 MACROECONOMIC INDICATORS
5.15.1 GLOBAL GDP OUTLOOK
TABLE 12 GLOBAL GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
5.16 PRICING ANALYSIS
5.16.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
TABLE 13 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE (USD/UNIT)
5.16.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 29 OXYGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
TABLE 14 OXYGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION, 2021-2028 (USD/UNIT)
FIGURE 30 NITROGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
TABLE 15 NITROGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION, 2021-2028 (USD/UNIT)
FIGURE 31 CARBON DIOXIDE INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
TABLE 16 CARBON DIOXIDE INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, 2021-2028 (USD/UNIT)
6 INDUSTRIAL GASES MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 32 OXYGEN SEGMENT DOMINATED MARKET IN 2023
TABLE 17 INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
6.2 OXYGEN
6.2.1 INCREASING USE IN STEEL MILLS TO DRIVE MARKET
TABLE 18 OXYGEN: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.3 NITROGEN
6.3.1 WIDE DEPLOYMENT IN HEALTHCARE INDUSTRY TO DRIVE MARKET
TABLE 19 NITROGEN: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.4 CARBON DIOXIDE
6.4.1 CONSUMPTION IN SEVERAL END-USE INDUSTRIES TO DRIVE MARKET
TABLE 20 CARBON DIOXIDE: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.5 HYDROGEN
6.5.1 WIDELY USED IN FOOD & BEVERAGES INDUSTRY TO DRIVE MARKET
TABLE 21 HYDROGEN: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.6 ACETYLENE
6.6.1 INCREASING DEMAND FROM REFINING AND CHEMICAL INDUSTRY TO DRIVE MARKET
TABLE 22 ACETYLENE: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.7 INERT GASES
6.7.1 INCREASING USE IN VARIOUS END-USE INDUSTRIES TO DRIVE MARKET
TABLE 23 INERT GASES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.8 OTHER TYPES
TABLE 24 OTHER TYPES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7 INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
FIGURE 33 MANUFACTURING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 25 INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
7.2 CHEMICALS
7.2.1 INCREASING USE OF ESSENTIAL GASES IN DIVERSE APPLICATIONS TO DRIVE MARKET
TABLE 26 CHEMICALS: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.3 ELECTRONICS
7.3.1 INCREASING DEMAND FOR SEMICONDUCTORS TO DRIVE MARKET
TABLE 27 ELECTRONICS: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.4 FOOD & BEVERAGES
7.4.1 GROWING CONSUMPTION OF NITROGEN AND CARBON DIOXIDE IN FOOD STORAGE TO DRIVE MARKET
TABLE 28 FOOD & BEVERAGES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.5 HEALTHCARE
7.5.1 RISING DEMAND FOR ADVANCED AND SANITIZED SYSTEMS TO DRIVE MARKET
TABLE 29 HEALTHCARE: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.6 MANUFACTURING
7.6.1 INCREASING DEMAND FROM SEVERAL END-USE INDUSTRIES TO DRIVE MARKET
TABLE 30 MANUFACTURING: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.7 METALLURGY
7.7.1 RAPIDLY GROWING DEMAND FOR STAINLESS STEEL AND OTHER METALS TO DRIVE MARKET
TABLE 31 METALLURGY: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.8 REFINING
7.8.1 EXTENSIVE USE IN BLANKETING, PURGING, AND COMBUSTION APPLICATIONS TO DRIVE MARKET
TABLE 32 REFINING: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.9 OTHER END-USE INDUSTRIES
TABLE 33 OTHER END-USE INDUSTRIES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
8 INDUSTRIAL GASES MARKET, BY REGION
8.1 INTRODUCTION
FIGURE 34 RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS
TABLE 34 INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
8.2 NORTH AMERICA
8.3 RECESSION IMPACT
FIGURE 35 NORTH AMERICA: INDUSTRIAL GASES MARKET SNAPSHOT
TABLE 35 NORTH AMERICA: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 36 NORTH AMERICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 37 NORTH AMERICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.3.1 US
8.3.1.1 Increasing investment activities to drive market
TABLE 38 US: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 39 US: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.3.2 CANADA
8.3.2.1 Growth of food & beverage industries to drive market
TABLE 40 CANADA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 41 CANADA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.3.3 MEXICO
8.3.3.1 Investments and expansions in automotive industry to drive market
TABLE 42 MEXICO: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 43 MEXICO: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4 EUROPE
8.4.1 RECESSION IMPACT
TABLE 44 EUROPE: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 45 EUROPE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 46 EUROPE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.2 GERMANY
8.4.2.1 Growth of electronics industry to drive market
TABLE 47 GERMANY: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 48 GERMANY: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.3 UK
8.4.3.1 Growth of food industry to drive market
TABLE 49 UK: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 50 UK: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.4 FRANCE
8.4.4.1 Growth of wine and aerospace industry to drive market
TABLE 51 FRANCE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 52 FRANCE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.5 ITALY
8.4.5.1 Robust presence of life sciences industry to drive market
TABLE 53 ITALY: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 54 ITALY: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.6 REST OF EUROPE
TABLE 55 REST OF EUROPE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 56 REST OF EUROPE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5 ASIA PACIFIC
8.5.1 RECESSION IMPACT
FIGURE 36 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 57 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 58 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 59 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.2 CHINA
8.5.2.1 Rising aging population and rapid economic development to drive market
TABLE 60 CHINA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 61 CHINA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.3 INDIA
8.5.3.1 Government initiatives, rising middle-class population, and rapid urbanization to drive market
TABLE 62 INDIA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 63 INDIA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.4 JAPAN
8.5.4.1 Growing automotive and semiconductor industry to drive market
TABLE 64 JAPAN: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 65 JAPAN: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.5 SOUTH KOREA
8.5.5.1 Growing electric vehicle market and government initiatives to drive market
TABLE 66 SOUTH KOREA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 67 SOUTH KOREA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.6 AUSTRALIA
8.5.6.1 Growing mining industry to drive market
TABLE 68 AUSTRALIA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 69 AUSTRALIA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.7 REST OF ASIA PACIFIC
TABLE 70 REST OF ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 71 REST OF ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6 SOUTH AMERICA
8.6.1 RECESSION IMPACT
TABLE 72 SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 73 SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 74 SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6.2 BRAZIL
8.6.2.1 Growing food and agricultural products market to drive market
TABLE 75 BRAZIL: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 76 BRAZIL: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6.3 ARGENTINA
8.6.3.1 Favorable regulatory framework and pro-investment policies to drive market
TABLE 77 ARGENTINA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 78 ARGENTINA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6.4 REST OF SOUTH AMERICA
TABLE 79 REST OF SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 80 REST OF SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7 MIDDLE EAST & AFRICA
8.7.1 RECESSION IMPACT
TABLE 81 MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 82 MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 83 MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.2 GCC COUNTRIES
8.7.2.1 Growing demand for electric vehicles to drive market
TABLE 84 GCC COUNTRIES: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 85 GCC COUNTRIES: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.3 UAE
8.7.3.1 Growing adoption of electric vehicles (EVs) and government initiatives to drive market
TABLE 86 UAE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 87 UAE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.4 SAUDI ARABIA
8.7.4.1 Government initiatives to drive the market
TABLE 88 SAUDI ARABIA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 89 SAUDI ARABIA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.5 REST OF GCC
TABLE 90 REST OF GCC: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 91 REST OF GCC: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.6 SOUTH AFRICA
8.7.6.1 Growing electric vehicle industry to drive market
TABLE 92 SOUTH AFRICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 93 SOUTH AFRICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.7 REST OF MIDDLE EAST & AFRICA
TABLE 94 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 95 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS
9.3 MARKET SHARE ANALYSIS
FIGURE 37 INDUSTRIAL GASES MARKET: MARKET SHARE ANALYSIS
TABLE 96 INDUSTRIAL GASES MARKET: DEGREE OF COMPETITION
9.4 REVENUE ANALYSIS
FIGURE 38 REVENUE ANALYSIS FOR KEY COMPANIES IN PAST 5 YEARS
9.5 COMPANY EVALUATION MATRIX
9.5.1 STARS
9.5.2 EMERGING LEADERS
9.5.3 PERVASIVE PLAYERS
9.5.4 PARTICIPANTS
FIGURE 39 INDUSTRIAL GASES MARKET COMPANY EVALUATION MATRIX, 2022
9.6 COMPANY FOOTPRINT
FIGURE 40 INDUSTRIAL GASES MARKET: PRODUCT FOOTPRINT (27 COMPANIES)
TABLE 97 INDUSTRIAL GASES MARKET: PRODUCT FOOTPRINT (27 COMPANIES)
TABLE 98 INDUSTRIAL GASES MARKET: REGIONAL FOOTPRINT (27 COMPANIES)
TABLE 99 INDUSTRIAL GASES MARKET: COMPANY FOOTPRINT (27 COMPANIES)
9.7 START-UP/SME EVALUATION MATRIX, 2022
9.7.1 PROGRESSIVE COMPANIES
9.7.2 RESPONSIVE COMPANIES
9.7.3 DYNAMIC COMPANIES
9.7.4 STARTING BLOCKS
FIGURE 41 INDUSTRIAL GASES MARKET START-UP/SME EVALUATION MATRIX, 2022
9.8 COMPETITIVE BENCHMARKING
TABLE 100 INDUSTRIAL GASES MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 101 INDUSTRIAL GASES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
9.9 COMPETITIVE SCENARIO AND TRENDS
9.9.1 DEALS
TABLE 102 INDUSTRIAL GASES MARKET: DEALS, 2019–2023
10 COMPANY PROFILES
10.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1.1 AIR LIQUIDE
TABLE 103 AIR LIQUIDE: COMPANY OVERVIEW
FIGURE 42 AIR LIQUIDE: COMPANY SNAPSHOT
TABLE 104 AIR LIQUIDE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 105 AIR LIQUIDE: DEALS
TABLE 106 AIR LIQUIDE: OTHER DEVELOPMENTS
10.1.2 LINDE PLC
TABLE 107 LINDE PLC: COMPANY OVERVIEW
FIGURE 43 LINDE PLC: COMPANY SNAPSHOT
TABLE 108 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 109 LINDE PLC: DEALS
TABLE 110 LINDE PLC: OTHER DEVELOPMENTS
10.1.3 AIR PRODUCTS AND CHEMICALS, INC.
TABLE 111 AIR PRODUCTS & CHEMICALS, INC.: COMPANY OVERVIEW
FIGURE 44 AIR PRODUCTS & CHEMICALS, INC.: COMPANY SNAPSHOT
TABLE 112 AIR PRODUCTS & CHEMICALS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 113 AIR PRODUCTS & CHEMICALS, INC.: DEALS
TABLE 114 AIR PRODUCTS & CHEMICALS, INC.: OTHER DEVELOPMENTS
10.1.4 MESSER SE & CO. KGAA
TABLE 115 MESSER SE & CO. KGAA: COMPANY OVERVIEW
FIGURE 45 MESSER SE & CO. KGAA: COMPANY SNAPSHOT
TABLE 116 MESSER SE & CO. KGAA.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 117 MESSER SE & CO. KGAA: DEALS
TABLE 118 MESSER SE & CO. KGAA: OTHER DEVELOPMENTS
10.1.5 NIPPON SANSO HOLDINGS CORPORATION
TABLE 119 NIPPON SANSO HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 46 NIPPON SANSO HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 120 NIPPON SANSO HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 121 NIPPON SANSO HOLDINGS CORPORATION: DEALS
TABLE 122 NIPPON SANSO HOLDINGS CORPORATION: OTHER DEVELOPMENTS
10.1.6 BASF SE
TABLE 123 BASF SE: COMPANY OVERVIEW
FIGURE 47 BASF SE: COMPANY SNAPSHOT
TABLE 124 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
10.1.7 ASIA TECHNICAL GAS CO PTE LTD.
TABLE 125 ASIA TECHNICAL GAS CO PTE LTD.: COMPANY OVERVIEW
TABLE 126 ASIA TECHNICAL GAS CO PTE LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
10.1.8 BHURUKA GASES LIMITED
TABLE 127 BHURUKA GASES LIMITED: COMPANY OVERVIEW
TABLE 128 BHURUKA GASES LIMITED.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
10.1.9 ELLENBARRIE INDUSTRIAL GASES
TABLE 129 ELLENBARRIE INDUSTRIAL GASES: COMPANY OVERVIEW
TABLE 130 ELLENBARRIE INDUSTRIAL GASES.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 131 ELLENBARRIE INDUSTRIAL GASES: DEALS
10.1.10 GRUPPO SIAD
TABLE 132 GRUPPO SIAD: COMPANY OVERVIEW
TABLE 133 GRUPPO SIAD: OTHER DEVELOPMENTS
10.1.11 IWATANI CORPORATION
TABLE 134 IWATANI CORPORATION: COMPANY OVERVIEW
FIGURE 48 IWATANI CORPORATION: COMPANY SNAPSHOT
TABLE 135 IWATANI CORPORATION.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 IWATANI CORPORATION: DEALS
TABLE 137 IWATANI CORPORATION: OTHER DEVELOPMENTS
10.1.12 AIR WATER INC.
TABLE 138 AIR WATER INC.: COMPANY OVERVIEW
FIGURE 49 AIR WATER INC.: COMPANY SNAPSHOT
TABLE 139 AIR WATER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 140 AIR WATER INC.: DEALS
TABLE 141 AIR WATER INC.: OTHER DEVELOPMENTS
10.2 OTHER PLAYERS
10.2.1 SOL GROUP
TABLE 142 SOL GROUP: COMPANY OVERVIEW
10.2.2 SAPIO GROUP
TABLE 143 SAPIO GROUP: COMPANY OVERVIEW
10.2.3 SOUTHERN GAS LIMITED
TABLE 144 SOUTHERN GAS LIMITED: COMPANY OVERVIEW
10.2.4 ALCHEMIE GASES & CHEMICALS PVT. LTD.
TABLE 145 ALCHEMIE GASES & CHEMICALS PVT. LTD.: COMPANY OVERVIEW
10.2.5 GULF CRYO
TABLE 146 GULF CRYO: COMPANY OVERVIEW
10.2.6 GOYAL MG GASES PVT.LTD
TABLE 147 GOYAL MG GASES PVT.LTD: COMPANY OVERVIEW
10.2.7 BUZWAIR INDUSTRIAL GASES FACTORIES
TABLE 148 BUZWAIR INDUSTRIAL GASES FACTORIES: COMPANY OVERVIEW
10.2.8 YINGDE GASES
TABLE 149 YINGDE GASES: COMPANY OVERVIEW
10.2.9 CONCORDE-CORODEX GROUP
TABLE 150 CONCORDE-CORODEX GROUP: COMPANY OVERVIEW
10.2.10 HOLSTON GASES
TABLE 151 HOLSTON GASES: COMPANY OVERVIEW
10.2.11 AMERICAN WELDING & GAS
TABLE 152 AMERICAN WELDING & GAS: COMPANY OVERVIEW
10.2.12 AXCEL GASES
TABLE 153 AXCEL GASES: COMPANY OVERVIEW
10.2.13 PT SAMATOR INDO GAS TBK
TABLE 154 PT SAMATOR INDO GAS TBK: COMPANY OVERVIEW
10.2.14 INOX-AIR PRODUCTS INC.
TABLE 155 INOX-AIR PRODUCTS INC.: COMPANY OVERVIEW
10.2.15 STEELMAN GASES PVT. LTD.
TABLE 156 TABLE 49 STEELMAN GASES PVT. LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 ADJACENT MARKET
11.1 INTRODUCTION
11.2 INDUSTRIAL NITROGEN MARKET
TABLE 157 INDUSTRIAL NITROGEN MARKET, BY REGION, 2015–2022 (USD BILLION)
TABLE 158 INDUSTRIAL NITROGEN MARKET, BY REGION, 2015–2022 (BILLION CUBIC FEET)
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 CUSTOMIZATION OPTIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 INDUSTRIAL GASES MARKET SEGMENTATION
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 LIMITATIONS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 INDUSTRIAL GASES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key industry insights
2.2 MARKET ESTIMATION PROCESS
2.2.1 TOP-DOWN APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.3 BASE NUMBER CALCULATION
2.3.1 DEMAND-SIDE APPROACH
FIGURE 5 APPROACH 1
2.3.2 SUPPLY-SIDE APPROACH
FIGURE 6 APPROACH 2
2.4 DATA TRIANGULATION
FIGURE 7 INDUSTRIAL GASES MARKET: DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.6.1 RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 8 OXYGEN TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 9 MANUFACTURING TO BE LARGER END-USE SEGMENT DURING FORECAST PERIOD
FIGURE 10 ASIA PACIFIC TO BE FASTEST GROWING REGION DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUSTRIAL GASES MARKET
FIGURE 11 DEVELOPING COUNTRIES OFFER ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL GASES MARKET
4.2 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY TYPE & COUNTRY
FIGURE 12 CHINA AND OXYGEN ACCOUNTED FOR LARGEST MARKET SHARES IN INDUSTRIAL GASES MARKET IN 2022
4.3 INDUSTRIAL GASES MARKET, BY TYPE
FIGURE 13 OXYGEN SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.4 INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY
FIGURE 14 MANUFACTURING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.5 INDUSTRIAL GASES MARKET, BY KEY COUNTRY
FIGURE 15 INDIA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 INDUSTRIAL GASES MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand from electronics industry
5.2.1.2 Wide deployment of industrial gases in refrigeration and preservation of frozen foods
5.2.1.3 Increasing use of nitrogen and helium for cryopreservation and medical imaging
FIGURE 17 PERCENTAGE OF POPULATION AGED 65 YEARS OR ABOVE
5.2.2 RESTRAINTS
5.2.2.1 Stringent regulatory compliance
5.2.2.2 Volatile raw material prices
FIGURE 18 UNITED STATES NATURAL GAS INDUSTRIAL PRICE (USD PER THOUSAND CUBIC FEET)
5.2.3 OPPORTUNITIES
5.2.3.1 Growing semiconductor market
5.2.3.2 Growing interest in hydrogen as a clean energy
5.2.3.3 Expansion of industrial activities in emerging market
5.2.4 CHALLENGES
5.2.4.1 Supply chain disruptions
5.2.4.2 Maintaining the safety of employees
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 19 PORTER’S FIVE FORCES ANALYSIS
TABLE 1 PORTER’S FIVE FORCES ANALYSIS
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF SUPPLIERS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 SUPPLY CHAIN ANALYSIS
5.5 VALUE CHAIN ANALYSIS
FIGURE 20 INDUSTRIAL GASES: VALUE CHAIN ANALYSIS
5.6 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 21 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7 TARIFF AND REGULATORY LANDSCAPE
5.7.1 TARIFF RELATED TO INDUSTRIAL GASES MARKET
TABLE 2 AVERAGE TARIFF RATES BY COUNTRY
5.7.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 3 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 4 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 REST OF WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.8 TECHNOLOGY ANALYSIS
5.8.1 CRYOGENIC AIR SEPARATION PROCESS WITH FLASH SEPARATOR
5.8.2 MEMBRANE SEPARATION
5.9 ECOSYSTEM MAPPING
FIGURE 22 KEY PLAYERS IN INDUSTRIAL GASES MARKET ECOSYSTEM
TABLE 7 INDUSTRIAL GASES MARKET: ECOSYSTEM MAPPING
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 23 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP END-USE INDUSTRIES
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END-USE INDUSTRIES (%)
5.10.2 BUYING CRITERIA
FIGURE 24 KEY BUYING CRITERIA FOR TOP INDUSTRIAL GASES END-USE INDUSTRIES
TABLE 9 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIAL GASES END-USE INDUSTRIES
5.11 KEY CONFERENCES AND EVENTS IN 2024–2025
TABLE 10 KEY CONFERENCES AND EVENTS IN 2024–2025
5.12 IMPORT AND EXPORT SCENARIO
5.12.1 EXPORT SCENARIO
FIGURE 25 EXPORTS (HS CODE 2804), BY KEY COUNTRY, 2018-2022 (USD BILLION)
5.12.2 IMPORT SCENARIO
FIGURE 26 IMPORTS (HS CODE 2804), BY KEY COUNTRY, 2018-2022 (USD BILLION)
5.13 PATENT ANALYSIS
FIGURE 27 NUMBER OF PATENTS GRANTED FOR INDUSTRIAL GASES MARKET, 2014–2023
FIGURE 28 REGIONAL ANALYSIS OF PATENTS GRANTED FOR INDUSTRIAL GASES MARKET, 2014–2023
TABLE 11 FEW PATENTS IN INDUSTRIAL GASES MARKET, 2022–2023
5.14 CASE STUDY ANALYSIS
5.14.1 ACCURATE AND RELIABLE FLOW MEASUREMENTS OF INDUSTRIAL GASES MARKET
5.14.2 MODULAR APPROACH TO COMPRESSORS IN NEW AIR SEPARATION PLANT
5.14.3 EFFICIENT GAS MANAGEMENT DURING WELDING OPERATIONS
5.15 MACROECONOMIC INDICATORS
5.15.1 GLOBAL GDP OUTLOOK
TABLE 12 GLOBAL GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
5.16 PRICING ANALYSIS
5.16.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
TABLE 13 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TYPE (USD/UNIT)
5.16.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 29 OXYGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
TABLE 14 OXYGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION, 2021-2028 (USD/UNIT)
FIGURE 30 NITROGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
TABLE 15 NITROGEN INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION, 2021-2028 (USD/UNIT)
FIGURE 31 CARBON DIOXIDE INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
TABLE 16 CARBON DIOXIDE INDUSTRIAL GASES MARKET: AVERAGE SELLING PRICE, 2021-2028 (USD/UNIT)
6 INDUSTRIAL GASES MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 32 OXYGEN SEGMENT DOMINATED MARKET IN 2023
TABLE 17 INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
6.2 OXYGEN
6.2.1 INCREASING USE IN STEEL MILLS TO DRIVE MARKET
TABLE 18 OXYGEN: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.3 NITROGEN
6.3.1 WIDE DEPLOYMENT IN HEALTHCARE INDUSTRY TO DRIVE MARKET
TABLE 19 NITROGEN: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.4 CARBON DIOXIDE
6.4.1 CONSUMPTION IN SEVERAL END-USE INDUSTRIES TO DRIVE MARKET
TABLE 20 CARBON DIOXIDE: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.5 HYDROGEN
6.5.1 WIDELY USED IN FOOD & BEVERAGES INDUSTRY TO DRIVE MARKET
TABLE 21 HYDROGEN: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.6 ACETYLENE
6.6.1 INCREASING DEMAND FROM REFINING AND CHEMICAL INDUSTRY TO DRIVE MARKET
TABLE 22 ACETYLENE: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.7 INERT GASES
6.7.1 INCREASING USE IN VARIOUS END-USE INDUSTRIES TO DRIVE MARKET
TABLE 23 INERT GASES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
6.8 OTHER TYPES
TABLE 24 OTHER TYPES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7 INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
FIGURE 33 MANUFACTURING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 25 INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
7.2 CHEMICALS
7.2.1 INCREASING USE OF ESSENTIAL GASES IN DIVERSE APPLICATIONS TO DRIVE MARKET
TABLE 26 CHEMICALS: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.3 ELECTRONICS
7.3.1 INCREASING DEMAND FOR SEMICONDUCTORS TO DRIVE MARKET
TABLE 27 ELECTRONICS: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.4 FOOD & BEVERAGES
7.4.1 GROWING CONSUMPTION OF NITROGEN AND CARBON DIOXIDE IN FOOD STORAGE TO DRIVE MARKET
TABLE 28 FOOD & BEVERAGES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.5 HEALTHCARE
7.5.1 RISING DEMAND FOR ADVANCED AND SANITIZED SYSTEMS TO DRIVE MARKET
TABLE 29 HEALTHCARE: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.6 MANUFACTURING
7.6.1 INCREASING DEMAND FROM SEVERAL END-USE INDUSTRIES TO DRIVE MARKET
TABLE 30 MANUFACTURING: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.7 METALLURGY
7.7.1 RAPIDLY GROWING DEMAND FOR STAINLESS STEEL AND OTHER METALS TO DRIVE MARKET
TABLE 31 METALLURGY: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.8 REFINING
7.8.1 EXTENSIVE USE IN BLANKETING, PURGING, AND COMBUSTION APPLICATIONS TO DRIVE MARKET
TABLE 32 REFINING: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
7.9 OTHER END-USE INDUSTRIES
TABLE 33 OTHER END-USE INDUSTRIES: INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
8 INDUSTRIAL GASES MARKET, BY REGION
8.1 INTRODUCTION
FIGURE 34 RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS
TABLE 34 INDUSTRIAL GASES MARKET, BY REGION, 2021–2028 (USD MILLION)
8.2 NORTH AMERICA
8.3 RECESSION IMPACT
FIGURE 35 NORTH AMERICA: INDUSTRIAL GASES MARKET SNAPSHOT
TABLE 35 NORTH AMERICA: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 36 NORTH AMERICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 37 NORTH AMERICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.3.1 US
8.3.1.1 Increasing investment activities to drive market
TABLE 38 US: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 39 US: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.3.2 CANADA
8.3.2.1 Growth of food & beverage industries to drive market
TABLE 40 CANADA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 41 CANADA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.3.3 MEXICO
8.3.3.1 Investments and expansions in automotive industry to drive market
TABLE 42 MEXICO: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 43 MEXICO: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4 EUROPE
8.4.1 RECESSION IMPACT
TABLE 44 EUROPE: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 45 EUROPE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 46 EUROPE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.2 GERMANY
8.4.2.1 Growth of electronics industry to drive market
TABLE 47 GERMANY: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 48 GERMANY: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.3 UK
8.4.3.1 Growth of food industry to drive market
TABLE 49 UK: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 50 UK: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.4 FRANCE
8.4.4.1 Growth of wine and aerospace industry to drive market
TABLE 51 FRANCE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 52 FRANCE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.5 ITALY
8.4.5.1 Robust presence of life sciences industry to drive market
TABLE 53 ITALY: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 54 ITALY: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.4.6 REST OF EUROPE
TABLE 55 REST OF EUROPE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 56 REST OF EUROPE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5 ASIA PACIFIC
8.5.1 RECESSION IMPACT
FIGURE 36 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 57 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 58 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 59 ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.2 CHINA
8.5.2.1 Rising aging population and rapid economic development to drive market
TABLE 60 CHINA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 61 CHINA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.3 INDIA
8.5.3.1 Government initiatives, rising middle-class population, and rapid urbanization to drive market
TABLE 62 INDIA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 63 INDIA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.4 JAPAN
8.5.4.1 Growing automotive and semiconductor industry to drive market
TABLE 64 JAPAN: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 65 JAPAN: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.5 SOUTH KOREA
8.5.5.1 Growing electric vehicle market and government initiatives to drive market
TABLE 66 SOUTH KOREA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 67 SOUTH KOREA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.6 AUSTRALIA
8.5.6.1 Growing mining industry to drive market
TABLE 68 AUSTRALIA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 69 AUSTRALIA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.5.7 REST OF ASIA PACIFIC
TABLE 70 REST OF ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 71 REST OF ASIA PACIFIC: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6 SOUTH AMERICA
8.6.1 RECESSION IMPACT
TABLE 72 SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 73 SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 74 SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6.2 BRAZIL
8.6.2.1 Growing food and agricultural products market to drive market
TABLE 75 BRAZIL: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 76 BRAZIL: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6.3 ARGENTINA
8.6.3.1 Favorable regulatory framework and pro-investment policies to drive market
TABLE 77 ARGENTINA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 78 ARGENTINA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.6.4 REST OF SOUTH AMERICA
TABLE 79 REST OF SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 80 REST OF SOUTH AMERICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7 MIDDLE EAST & AFRICA
8.7.1 RECESSION IMPACT
TABLE 81 MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
TABLE 82 MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 83 MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.2 GCC COUNTRIES
8.7.2.1 Growing demand for electric vehicles to drive market
TABLE 84 GCC COUNTRIES: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 85 GCC COUNTRIES: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.3 UAE
8.7.3.1 Growing adoption of electric vehicles (EVs) and government initiatives to drive market
TABLE 86 UAE: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 87 UAE: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.4 SAUDI ARABIA
8.7.4.1 Government initiatives to drive the market
TABLE 88 SAUDI ARABIA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 89 SAUDI ARABIA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.5 REST OF GCC
TABLE 90 REST OF GCC: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 91 REST OF GCC: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.6 SOUTH AFRICA
8.7.6.1 Growing electric vehicle industry to drive market
TABLE 92 SOUTH AFRICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 93 SOUTH AFRICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
8.7.7 REST OF MIDDLE EAST & AFRICA
TABLE 94 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY TYPE, 2021–2028 (USD MILLION)
TABLE 95 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL GASES MARKET, BY END-USE INDUSTRY, 2021–2028 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS
9.3 MARKET SHARE ANALYSIS
FIGURE 37 INDUSTRIAL GASES MARKET: MARKET SHARE ANALYSIS
TABLE 96 INDUSTRIAL GASES MARKET: DEGREE OF COMPETITION
9.4 REVENUE ANALYSIS
FIGURE 38 REVENUE ANALYSIS FOR KEY COMPANIES IN PAST 5 YEARS
9.5 COMPANY EVALUATION MATRIX
9.5.1 STARS
9.5.2 EMERGING LEADERS
9.5.3 PERVASIVE PLAYERS
9.5.4 PARTICIPANTS
FIGURE 39 INDUSTRIAL GASES MARKET COMPANY EVALUATION MATRIX, 2022
9.6 COMPANY FOOTPRINT
FIGURE 40 INDUSTRIAL GASES MARKET: PRODUCT FOOTPRINT (27 COMPANIES)
TABLE 97 INDUSTRIAL GASES MARKET: PRODUCT FOOTPRINT (27 COMPANIES)
TABLE 98 INDUSTRIAL GASES MARKET: REGIONAL FOOTPRINT (27 COMPANIES)
TABLE 99 INDUSTRIAL GASES MARKET: COMPANY FOOTPRINT (27 COMPANIES)
9.7 START-UP/SME EVALUATION MATRIX, 2022
9.7.1 PROGRESSIVE COMPANIES
9.7.2 RESPONSIVE COMPANIES
9.7.3 DYNAMIC COMPANIES
9.7.4 STARTING BLOCKS
FIGURE 41 INDUSTRIAL GASES MARKET START-UP/SME EVALUATION MATRIX, 2022
9.8 COMPETITIVE BENCHMARKING
TABLE 100 INDUSTRIAL GASES MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 101 INDUSTRIAL GASES MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
9.9 COMPETITIVE SCENARIO AND TRENDS
9.9.1 DEALS
TABLE 102 INDUSTRIAL GASES MARKET: DEALS, 2019–2023
10 COMPANY PROFILES
10.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1.1 AIR LIQUIDE
TABLE 103 AIR LIQUIDE: COMPANY OVERVIEW
FIGURE 42 AIR LIQUIDE: COMPANY SNAPSHOT
TABLE 104 AIR LIQUIDE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 105 AIR LIQUIDE: DEALS
TABLE 106 AIR LIQUIDE: OTHER DEVELOPMENTS
10.1.2 LINDE PLC
TABLE 107 LINDE PLC: COMPANY OVERVIEW
FIGURE 43 LINDE PLC: COMPANY SNAPSHOT
TABLE 108 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 109 LINDE PLC: DEALS
TABLE 110 LINDE PLC: OTHER DEVELOPMENTS
10.1.3 AIR PRODUCTS AND CHEMICALS, INC.
TABLE 111 AIR PRODUCTS & CHEMICALS, INC.: COMPANY OVERVIEW
FIGURE 44 AIR PRODUCTS & CHEMICALS, INC.: COMPANY SNAPSHOT
TABLE 112 AIR PRODUCTS & CHEMICALS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 113 AIR PRODUCTS & CHEMICALS, INC.: DEALS
TABLE 114 AIR PRODUCTS & CHEMICALS, INC.: OTHER DEVELOPMENTS
10.1.4 MESSER SE & CO. KGAA
TABLE 115 MESSER SE & CO. KGAA: COMPANY OVERVIEW
FIGURE 45 MESSER SE & CO. KGAA: COMPANY SNAPSHOT
TABLE 116 MESSER SE & CO. KGAA.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 117 MESSER SE & CO. KGAA: DEALS
TABLE 118 MESSER SE & CO. KGAA: OTHER DEVELOPMENTS
10.1.5 NIPPON SANSO HOLDINGS CORPORATION
TABLE 119 NIPPON SANSO HOLDINGS CORPORATION: COMPANY OVERVIEW
FIGURE 46 NIPPON SANSO HOLDINGS CORPORATION: COMPANY SNAPSHOT
TABLE 120 NIPPON SANSO HOLDINGS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 121 NIPPON SANSO HOLDINGS CORPORATION: DEALS
TABLE 122 NIPPON SANSO HOLDINGS CORPORATION: OTHER DEVELOPMENTS
10.1.6 BASF SE
TABLE 123 BASF SE: COMPANY OVERVIEW
FIGURE 47 BASF SE: COMPANY SNAPSHOT
TABLE 124 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
10.1.7 ASIA TECHNICAL GAS CO PTE LTD.
TABLE 125 ASIA TECHNICAL GAS CO PTE LTD.: COMPANY OVERVIEW
TABLE 126 ASIA TECHNICAL GAS CO PTE LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
10.1.8 BHURUKA GASES LIMITED
TABLE 127 BHURUKA GASES LIMITED: COMPANY OVERVIEW
TABLE 128 BHURUKA GASES LIMITED.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
10.1.9 ELLENBARRIE INDUSTRIAL GASES
TABLE 129 ELLENBARRIE INDUSTRIAL GASES: COMPANY OVERVIEW
TABLE 130 ELLENBARRIE INDUSTRIAL GASES.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 131 ELLENBARRIE INDUSTRIAL GASES: DEALS
10.1.10 GRUPPO SIAD
TABLE 132 GRUPPO SIAD: COMPANY OVERVIEW
TABLE 133 GRUPPO SIAD: OTHER DEVELOPMENTS
10.1.11 IWATANI CORPORATION
TABLE 134 IWATANI CORPORATION: COMPANY OVERVIEW
FIGURE 48 IWATANI CORPORATION: COMPANY SNAPSHOT
TABLE 135 IWATANI CORPORATION.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 IWATANI CORPORATION: DEALS
TABLE 137 IWATANI CORPORATION: OTHER DEVELOPMENTS
10.1.12 AIR WATER INC.
TABLE 138 AIR WATER INC.: COMPANY OVERVIEW
FIGURE 49 AIR WATER INC.: COMPANY SNAPSHOT
TABLE 139 AIR WATER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 140 AIR WATER INC.: DEALS
TABLE 141 AIR WATER INC.: OTHER DEVELOPMENTS
10.2 OTHER PLAYERS
10.2.1 SOL GROUP
TABLE 142 SOL GROUP: COMPANY OVERVIEW
10.2.2 SAPIO GROUP
TABLE 143 SAPIO GROUP: COMPANY OVERVIEW
10.2.3 SOUTHERN GAS LIMITED
TABLE 144 SOUTHERN GAS LIMITED: COMPANY OVERVIEW
10.2.4 ALCHEMIE GASES & CHEMICALS PVT. LTD.
TABLE 145 ALCHEMIE GASES & CHEMICALS PVT. LTD.: COMPANY OVERVIEW
10.2.5 GULF CRYO
TABLE 146 GULF CRYO: COMPANY OVERVIEW
10.2.6 GOYAL MG GASES PVT.LTD
TABLE 147 GOYAL MG GASES PVT.LTD: COMPANY OVERVIEW
10.2.7 BUZWAIR INDUSTRIAL GASES FACTORIES
TABLE 148 BUZWAIR INDUSTRIAL GASES FACTORIES: COMPANY OVERVIEW
10.2.8 YINGDE GASES
TABLE 149 YINGDE GASES: COMPANY OVERVIEW
10.2.9 CONCORDE-CORODEX GROUP
TABLE 150 CONCORDE-CORODEX GROUP: COMPANY OVERVIEW
10.2.10 HOLSTON GASES
TABLE 151 HOLSTON GASES: COMPANY OVERVIEW
10.2.11 AMERICAN WELDING & GAS
TABLE 152 AMERICAN WELDING & GAS: COMPANY OVERVIEW
10.2.12 AXCEL GASES
TABLE 153 AXCEL GASES: COMPANY OVERVIEW
10.2.13 PT SAMATOR INDO GAS TBK
TABLE 154 PT SAMATOR INDO GAS TBK: COMPANY OVERVIEW
10.2.14 INOX-AIR PRODUCTS INC.
TABLE 155 INOX-AIR PRODUCTS INC.: COMPANY OVERVIEW
10.2.15 STEELMAN GASES PVT. LTD.
TABLE 156 TABLE 49 STEELMAN GASES PVT. LTD.: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 ADJACENT MARKET
11.1 INTRODUCTION
11.2 INDUSTRIAL NITROGEN MARKET
TABLE 157 INDUSTRIAL NITROGEN MARKET, BY REGION, 2015–2022 (USD BILLION)
TABLE 158 INDUSTRIAL NITROGEN MARKET, BY REGION, 2015–2022 (BILLION CUBIC FEET)
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 CUSTOMIZATION OPTIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
