Market Overview:
The global high purity specialty gases market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high purity specialty gases in various applications such as manufacturing, electronics, healthcare, institutional and others. Additionally, the growing demand for these gases from emerging economies is also contributing to the growth of this market. Some of the major players operating in this market are Air Liquide (France), Praxair (US), Linde AG (Germany), Taiyo Nippon Sanso Corporation (Japan) and Messer Group GmbH (Germany).
Product Definition:
High purity specialty gases are gases that have been purified to a high degree. They are often used in applications where the highest levels of purity are required, such as in the semiconductor and pharmaceutical industries.
Noble:
Noble gases are chemically inert and do not react with other chemicals. They have a high boiling point and low vapor pressure. Some of the commonly known noble gases are helium, argon, nitrogen, carbon dioxide, hydrogen and oxygen. The market for noble gas is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as healthcare & pharmaceuticals along with growing application scope in electronics industry due to its non-corrosive nature.
Carbon:
Carbon is a chemical element that has the symbol C and the atomic number 6. It is one of the most abundant elements on earth, found in both living and non-living forms. In living organisms, carbon plays an important role as a metabolic element. Carbon compounds are also used in high purity specialty gases such as nitrogen gas & oxygen gas mixture which we use for filling balloon or air mattresses.
Application Insights:
Healthcare application led the global market in 2017 and is projected to continue its dominance over the forecast period. Purity level of specialty gases used in healthcare applications are 99.9% to 100%. These gases are used for a variety of purposes, including anesthetic induction and maintenance, patient diagnostics/treatment planning, lung function testing, blood gas analysis and ventilation techniques.
The manufacturing segment is anticipated to register the highest CAGR over the forecast period owing to increasing demand from various industries such as pharmaceuticals, food & beverage processing and chemical synthesis. The manufacturing industry uses these gases for several processes including distillation column design optimization; material handling; cleaning operations; heat transfer equipment performance improvement; process heating/ cooling enhancement etcetera.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industries such as healthcare, electronics, pharmaceuticals, and manufacturing. China is one of the major countries contributing to regional growth owing to factors such as low raw material prices and a large population base.
The Asia Pacific high purity specialty gases industry is also driven by developing economies including India, Singapore, Thailand etc., which are attracting foreign investments for expanding their chemical production capacities. In addition, favorable government policies encouraging domestic production are expected to drive demand over the next eight years.
Growth Factors:
- Increasing demand for high purity specialty gases in various end-use industries such as semiconductor, medical, and research & development is expected to drive the market growth over the forecast period.
- Growing demand for advanced materials and products across different end-use industries is also anticipated to fuel the market growth.
- Proliferation of nanotechnology and rising investments in R&D are some of the key factors that are expected to boost the market growth over the next few years.
- Stringent government regulations pertaining to environmental protection is likely to create opportunities for high purity specialty gases manufacturers in near future. 5 Emerging economies such as China and India are projected to offer lucrative opportunities for market players owing to increasing industrialization and growing population base
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Specialty Gases Market Research Report
By Type
Noble, Carbon, Halogen, Other Specialty
By Application
Manufacturing, Electronics, Healthcare, Institutional, Other
By Companies
Linde Group, Air Liquide, Praxair, Air Products and Chemicals, Taiyo Nippon Sanso, Air Water, Messer, Yingde Gases, Iwatani Corporation, Norco Inc., Showa Denko K.K, Chemix Gases, SOL Group
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Specialty Gases Market Report Segments:
The global High Purity Specialty Gases market is segmented on the basis of:
Types
Noble, Carbon, Halogen, Other Specialty
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
Manufacturing, Electronics, Healthcare, Institutional, 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:
- Linde Group
- Air Liquide
- Praxair
- Air Products and Chemicals
- Taiyo Nippon Sanso
- Air Water
- Messer
- Yingde Gases
- Iwatani Corporation
- Norco Inc.
- Showa Denko K.K
- Chemix Gases
- SOL Group
Highlights of The High Purity Specialty Gases 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:
- Noble
- Carbon
- Halogen
- Other Specialty
- By Application:
- Manufacturing
- Electronics
- Healthcare
- Institutional
- 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 Specialty Gases 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 Specialty Gases are a type of gas that is made up of very small particles. These gases are used in a variety of industries, including the chemical and pharmaceutical industries.
Some of the major companies in the high purity specialty gases market are Linde Group, Air Liquide, Praxair, Air Products and Chemicals, Taiyo Nippon Sanso, Air Water, Messer, Yingde Gases, Iwatani Corporation, Norco Inc., Showa Denko K.K, Chemix Gases, SOL Group.
The high purity specialty gases market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Purity Specialty Gases 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 Specialty Gases Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Purity Specialty Gases 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 Specialty Gases 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 Specialty Gases Market Size & Forecast, 2020-2028
4.5.1 High Purity Specialty Gases Market Size and Y-o-Y Growth
4.5.2 High Purity Specialty Gases Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Noble
5.2.2 Carbon
5.2.3 Halogen
5.2.4 Other Specialty
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Electronics
6.2.3 Healthcare
6.2.4 Institutional
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Purity Specialty Gases 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 Specialty Gases 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Noble
9.6.2 Carbon
9.6.3 Halogen
9.6.4 Other Specialty
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 Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Electronics
9.10.3 Healthcare
9.10.4 Institutional
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Noble
10.6.2 Carbon
10.6.3 Halogen
10.6.4 Other Specialty
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 Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Electronics
10.10.3 Healthcare
10.10.4 Institutional
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Noble
11.6.2 Carbon
11.6.3 Halogen
11.6.4 Other Specialty
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 Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Electronics
11.10.3 Healthcare
11.10.4 Institutional
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Noble
12.6.2 Carbon
12.6.3 Halogen
12.6.4 Other Specialty
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 Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Electronics
12.10.3 Healthcare
12.10.4 Institutional
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Noble
13.6.2 Carbon
13.6.3 Halogen
13.6.4 Other Specialty
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) Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Electronics
13.10.3 Healthcare
13.10.4 Institutional
13.10.5 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 Specialty Gases Market: Competitive Dashboard
14.2 Global High Purity Specialty Gases Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Linde Group
14.3.2 Air Liquide
14.3.3 Praxair
14.3.4 Air Products and Chemicals
14.3.5 Taiyo Nippon Sanso
14.3.6 Air Water
14.3.7 Messer
14.3.8 Yingde Gases
14.3.9 Iwatani Corporation
14.3.10 Norco Inc.
14.3.11 Showa Denko K.K
14.3.12 Chemix Gases
14.3.13 SOL Group
