Market Overview:
The global high purity carbon monoxide for metallurgical market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for polycrystalline diamond films, nickel purification, metal film purification (tungsten film, molybdenum film, etc.), and reducing agent across the globe. In addition, growing awareness about the benefits of using high purity carbon monoxide is also expected to boost the growth of this market during the forecast period. Based on type, 99.9-99.999% grade segment is projected to lead the global high purity carbon monoxide for metallurgical market during 2018-2030 owing to its widespread use in various applications such as production of polycrystalline diamond films.
Product Definition:
A gas typically composed of about 98% carbon monoxide and 2% hydrogen, used in metallurgical processes to produce steel and other alloys.
99.9-99.99%:
99.9-99.999% pure carbon monoxide is used in metallurgical processes for removing impurities from the melt and is known as high purity carbon monoxide (HCMon). It has a wide range of applications in various industries such as steel, aluminum, titanium, magnesium and others owing to its properties such as low water solubility, low viscosity at normal room temperature and high thermal stability.
99.99-99.999%:
99.99-99.999% is a purity level which means that there are no impurities present at all in the product we offer for sale under this category, and it's used as an input material in high purity carbon monoxide (HCM) for metallurgical applications.
Application Insights:
The production of polycrystalline diamond film was the largest application segment in 2017. This is attributed to high demand from various end-use industries including electronics, automotive, and construction. The product has a significant role in the manufacturing of semiconductor devices as it helps enhance their performance and efficiency by reducing electrical resistance. In addition, it also eliminates other defects such as hot spots that may occur due to impurities during the process of making semiconductors.
High purity carbon monoxide is used for purification of nickel metal since this process requires an oxygen-free environment for its completion successfully.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising product demand in various end-use industries, such as semiconductor, chemical, pharmaceuticals and metallurgy. China led the Asia Pacific regional market with a share of more than 80% in 2017 owing to high purity carbon monoxide production capacity and low cost of raw materials.
The Middle East & Africa region is projected to witness significant growth over the next eight years owing to increasing investments in industrial development coupled with growing demand for purification products from downstream sectors including chemicals and petroleum refining.
Latin America has huge potential for industry expansion due its large base metal mining sector which requires cleaning procedures using reducing agents (aluminum reduction).
Growth Factors:
- Growing demand for steel in automotive and construction industries
- Increasing use of carbon monoxide in gasification and smelting processes to produce ultra-high purity grades of carbon monoxide
- Rising demand for clean energy sources such as hydrogen and syngas
- Technological advancements that have led to the development of more efficient production methods for carbon monoxide 5. Growing popularity of fuel cells as a source of clean energy
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Carbon Monoxide for Metallurgical Market Research Report
By Type
99.9-99.99%, 99.99-99.999%, >99.999%
By Application
Production of Polycrystalline Diamond Film, Nickel Purification, Metal Film Purification (Tungsten Film, Molybdenum Film, etc.), Reducing Agent, Other
By Companies
Air Liquide, Linde, Air Products, Messer, Beijing Bygases, Huate Gas
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Carbon Monoxide for Metallurgical Market Report Segments:
The global High Purity Carbon Monoxide for Metallurgical market is segmented on the basis of:
Types
99.9-99.99%, 99.99-99.999%, >99.999%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Production of Polycrystalline Diamond Film, Nickel Purification, Metal Film Purification (Tungsten Film, Molybdenum Film, etc.), Reducing Agent, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Air Liquide
- Linde
- Air Products
- Messer
- Beijing Bygases
- Huate Gas
Highlights of The High Purity Carbon Monoxide for Metallurgical Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 99.9-99.99%
- 99.99-99.999%
- >99.999%
- By Application:
- Production of Polycrystalline Diamond Film
- Nickel Purification
- Metal Film Purification (Tungsten Film, Molybdenum Film, etc.)
- Reducing Agent
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Carbon Monoxide for Metallurgical Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High purity carbon monoxide is used in metallurgical processes to remove impurities from raw materials.
Some of the key players operating in the high purity carbon monoxide for metallurgical market are Air Liquide, Linde, Air Products, Messer, Beijing Bygases, Huate Gas.
The high purity carbon monoxide for metallurgical market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Carbon Monoxide for Metallurgical Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Purity Carbon Monoxide for Metallurgical Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Carbon Monoxide for Metallurgical Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Purity Carbon Monoxide for Metallurgical Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Purity Carbon Monoxide for Metallurgical Market Size & Forecast, 2018-2028
4.5.1 High Purity Carbon Monoxide for Metallurgical Market Size and Y-o-Y Growth
4.5.2 High Purity Carbon Monoxide for Metallurgical Market Absolute $ Opportunity
Chapter 5 Global High Purity Carbon Monoxide for Metallurgical Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Type
5.2.1 99.9-99.99%
5.2.2 99.99-99.999%
5.2.3 >99.999%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Purity Carbon Monoxide for Metallurgical Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Applications
6.2.1 Production of Polycrystalline Diamond Film
6.2.2 Nickel Purification
6.2.3 Metal Film Purification (Tungsten Film
6.2.4 Molybdenum Film
6.2.5 etc.)
6.2.6 Reducing Agent
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Carbon Monoxide for Metallurgical Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Purity Carbon Monoxide for Metallurgical Analysis and Forecast
9.1 Introduction
9.2 North America High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Type
9.6.1 99.9-99.99%
9.6.2 99.99-99.999%
9.6.3 >99.999%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Applications
9.10.1 Production of Polycrystalline Diamond Film
9.10.2 Nickel Purification
9.10.3 Metal Film Purification (Tungsten Film
9.10.4 Molybdenum Film
9.10.5 etc.)
9.10.6 Reducing Agent
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Purity Carbon Monoxide for Metallurgical Analysis and Forecast
10.1 Introduction
10.2 Europe High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Type
10.6.1 99.9-99.99%
10.6.2 99.99-99.999%
10.6.3 >99.999%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Applications
10.10.1 Production of Polycrystalline Diamond Film
10.10.2 Nickel Purification
10.10.3 Metal Film Purification (Tungsten Film
10.10.4 Molybdenum Film
10.10.5 etc.)
10.10.6 Reducing Agent
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Purity Carbon Monoxide for Metallurgical Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Type
11.6.1 99.9-99.99%
11.6.2 99.99-99.999%
11.6.3 >99.999%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Applications
11.10.1 Production of Polycrystalline Diamond Film
11.10.2 Nickel Purification
11.10.3 Metal Film Purification (Tungsten Film
11.10.4 Molybdenum Film
11.10.5 etc.)
11.10.6 Reducing Agent
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Purity Carbon Monoxide for Metallurgical Analysis and Forecast
12.1 Introduction
12.2 Latin America High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Type
12.6.1 99.9-99.99%
12.6.2 99.99-99.999%
12.6.3 >99.999%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Applications
12.10.1 Production of Polycrystalline Diamond Film
12.10.2 Nickel Purification
12.10.3 Metal Film Purification (Tungsten Film
12.10.4 Molybdenum Film
12.10.5 etc.)
12.10.6 Reducing Agent
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Purity Carbon Monoxide for Metallurgical Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Type
13.6.1 99.9-99.99%
13.6.2 99.99-99.999%
13.6.3 >99.999%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Purity Carbon Monoxide for Metallurgical Market Size Forecast by Applications
13.10.1 Production of Polycrystalline Diamond Film
13.10.2 Nickel Purification
13.10.3 Metal Film Purification (Tungsten Film
13.10.4 Molybdenum Film
13.10.5 etc.)
13.10.6 Reducing Agent
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Purity Carbon Monoxide for Metallurgical Market: Competitive Dashboard
14.2 Global High Purity Carbon Monoxide for Metallurgical Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air Liquide
14.3.2 Linde
14.3.3 Air Products
14.3.4 Messer
14.3.5 Beijing Bygases
14.3.6 Huate Gas
