Market Overview:
The global industrial, medical and specialty gases market is expected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for industrial gases from the manufacturing sector, rising demand for medical gases in hospitals and clinics, and growing use of specialty gases in various applications. Based on type, the global industrial, medical and specialty gases market is segmented into industrial gases, medical gases, and specialty gases. Industrial gas is further sub-segmented into oxygen (O2), nitrogen (N2), argon (Ar), carbon dioxide (CO2) hydrogen (H2) helium (He), acetylene(C2H2) and others. Medical gas is further sub-segmented into oxygen therapy devices,, nitrous oxide inhalation anesthesia,, respiratory care products,, liquid oxygen systems,, carbon monoxide detectors/alarms,. Specialty gas includes rare earths such as scandium oxide (), yttrium () aluminum () gallium (), indium (), thallium ().
Product Definition:
Industrial, medical and specialty gases are used in a variety of industries for various purposes. Industrial gases are used to manufacture products, medical gases are used in hospitals and other healthcare facilities, and specialty gases have a wide range of uses. The importance of industrial, medical and specialty gases varies depending on the gas type and industry. However, these gases play an important role in many industries across the world.
Industrial Gases:
Industrial gases are substances that are produced, used or handled in large quantities and for a variety of applications. The industrial gases market is expected to witness significant growth over the forecast period owing to increasing demand from various industries such as chemical, oil & gas, power generation and automotive. In addition, growing awareness regarding health hazards caused by exposure to certain industrial gasses such as carbon monoxide is also expected to drive the market growth over the next seven years.
Medical Gases:
Medical gases are used for therapeutic, diagnostic and research purposes. The medical gases market is expected to witness significant growth over the forecast period owing to increasing demand in healthcare applications such as anesthetic gas, oxygen and nitrogen. Medical gas also includes carbon dioxide which is extensively used in hospitals for various applications such as drying of wet clothes or tissue paper during endoscopy procedures.
Application Insights:
The manufacturing application segment led the global market and accounted for more than 34.0% share of the overall revenue in 2017. The growth of this segment is attributed to increasing industrial activities in emerging countries, such as China, India, Brazil and South Korea. These countries are also witnessing rapid urbanization which requires huge land areas for construction purposes; thus providing an impetus to increase industrial output over the coming years.
In addition, a healthy manufacturing sector is vital in ensuring economic growth and employment generation across various regions globally; thus providing an impetus to industry expansion over the coming years. Furthermore, growing electronics industry across various developing countries will provide further opportunities for manufacturers globally; therefore driving demand from 2018 to 2030 ¢â‚¬Å“Gases used in electronics industries include rare gas (N2), neon signified (N2O), argon (Ar) and helium (He).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global revenue in 2017 owing to high product demand from various end-use industries, such as manufacturing, chemicals and petrochemicals. In addition, rapid industrialization coupled with increasing foreign investments is anticipated to drive regional growth over the forecast period.
The Asia Pacific medical gases industry has witnessed significant growth on account of rising healthcare expenditure coupled with growing patient awareness regarding available treatment options in emerging countries such as India and China. Moreover, favorable government initiatives pertaining to research & development activities are projected to boost medical gas consumption across this region during the forecast period.
Europe was estimated at USD X billion in 2017 owing to high product utilization across several end-use industries including electronics, automotive and pharmaceuticals/biotechnology for production processes involving chemical reactions or physical properties change within products (such as glass transformation).
Growth Factors:
- Increasing demand from the medical and healthcare sector for specialty gases for various applications such as diagnostics, therapeutics and research is expected to drive the market growth.
- Rising demand for industrial gases in end-use industries such as automotive, aerospace, food & beverage and metal fabrication is anticipated to propel the market growth over the forecast period.
- Growing popularity of gas chromatography (GC) techniques for analysis of various compounds in different industries is projected to boost the market growth during the forecast period.
- Proliferation of new applications of specialty gases across different verticals is expected to create lucrative opportunities for market players over the next few years. 5 Emerging economies are witnessing rapid industrialization which is likely to result in an increase in demand for industrial gases over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial, Medical and Specialty Gases Market Research Report
By Type
Industrial Gases, Medical Gases, Specialty Gases
By Application
Manufacturing, Chemicals, Metals, Electronics, Medical/Healthcare, Food and Beverages, Energy, Other
By Companies
BASF, AIR WATER, Asco Carbon Dioxide, ACP Belgium, Air Liquide, Linde AG, Messer Group, Praxair, SOL Group, Taiyo Nippon Sanso Corporation, BASF, Linde Uk Holdings, Air Products Industry, Coregas Pty Ltd, Daesung Industrial Gases, Ellenbarrie Industrial Gases, Foshan Huate Gas, Koatsu Gas Kogyo, Koike Sanso Kogyo, African Oxygen Limited, Uttam Group, Tokyo Gas Chemicals, PT. Samator 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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Industrial, Medical and Specialty Gases Market Report Segments:
The global Industrial, Medical and Specialty Gases market is segmented on the basis of:
Types
Industrial Gases, Medical Gases, Specialty Gases
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, Chemicals, Metals, Electronics, Medical/Healthcare, Food and Beverages, Energy, 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:
- BASF
- AIR WATER
- Asco Carbon Dioxide
- ACP Belgium
- Air Liquide
- Linde AG
- Messer Group
- Praxair
- SOL Group
- Taiyo Nippon Sanso Corporation
- BASF
- Linde Uk Holdings
- Air Products Industry
- Coregas Pty Ltd
- Daesung Industrial Gases
- Ellenbarrie Industrial Gases
- Foshan Huate Gas
- Koatsu Gas Kogyo
- Koike Sanso Kogyo
- African Oxygen Limited
- Uttam Group
- Tokyo Gas Chemicals
- PT. Samator Group
Highlights of The Industrial, Medical and 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:
- Industrial Gases
- Medical Gases
- Specialty Gases
- By Application:
- Manufacturing
- Chemicals
- Metals
- Electronics
- Medical/Healthcare
- Food and Beverages
- Energy
- 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 Industrial, Medical and 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
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- Consumer Insights
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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?
Industrial, medical and specialty gases are gases that are used in specific industrial or medical applications.
Some of the major players in the industrial, medical and specialty gases market are BASF, AIR WATER, Asco Carbon Dioxide, ACP Belgium, Air Liquide, Linde AG, Messer Group, Praxair, SOL Group, Taiyo Nippon Sanso Corporation, BASF, Linde Uk Holdings, Air Products Industry, Coregas Pty Ltd, Daesung Industrial Gases, Ellenbarrie Industrial Gases, Foshan Huate Gas, Koatsu Gas Kogyo, Koike Sanso Kogyo, African Oxygen Limited, Uttam Group, Tokyo Gas Chemicals, PT. Samator Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial, Medical and 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 Industrial, Medical and Specialty Gases Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial, Medical and 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 Industrial, Medical and 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 Industrial, Medical and Specialty Gases Market Size & Forecast, 2018-2028
4.5.1 Industrial, Medical and Specialty Gases Market Size and Y-o-Y Growth
4.5.2 Industrial, Medical and Specialty Gases Market Absolute $ Opportunity
Chapter 5 Global Industrial, Medical and Specialty Gases 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 Industrial, Medical and Specialty Gases Market Size Forecast by Type
5.2.1 Industrial Gases
5.2.2 Medical Gases
5.2.3 Specialty Gases
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial, Medical and Specialty Gases 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 Industrial, Medical and Specialty Gases Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Chemicals
6.2.3 Metals
6.2.4 Electronics
6.2.5 Medical/Healthcare
6.2.6 Food and Beverages
6.2.7 Energy
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial, Medical and 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 Industrial, Medical and 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 Industrial, Medical and Specialty Gases Analysis and Forecast
9.1 Introduction
9.2 North America Industrial, Medical and Specialty Gases 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 Industrial, Medical and Specialty Gases Market Size Forecast by Type
9.6.1 Industrial Gases
9.6.2 Medical Gases
9.6.3 Specialty Gases
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 Industrial, Medical and Specialty Gases Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Chemicals
9.10.3 Metals
9.10.4 Electronics
9.10.5 Medical/Healthcare
9.10.6 Food and Beverages
9.10.7 Energy
9.10.8 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 Industrial, Medical and Specialty Gases Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial, Medical and Specialty Gases 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 Industrial, Medical and Specialty Gases Market Size Forecast by Type
10.6.1 Industrial Gases
10.6.2 Medical Gases
10.6.3 Specialty Gases
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 Industrial, Medical and Specialty Gases Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Chemicals
10.10.3 Metals
10.10.4 Electronics
10.10.5 Medical/Healthcare
10.10.6 Food and Beverages
10.10.7 Energy
10.10.8 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 Industrial, Medical and Specialty Gases Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial, Medical and Specialty Gases 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 Industrial, Medical and Specialty Gases Market Size Forecast by Type
11.6.1 Industrial Gases
11.6.2 Medical Gases
11.6.3 Specialty Gases
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 Industrial, Medical and Specialty Gases Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Chemicals
11.10.3 Metals
11.10.4 Electronics
11.10.5 Medical/Healthcare
11.10.6 Food and Beverages
11.10.7 Energy
11.10.8 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 Industrial, Medical and Specialty Gases Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial, Medical and Specialty Gases 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 Industrial, Medical and Specialty Gases Market Size Forecast by Type
12.6.1 Industrial Gases
12.6.2 Medical Gases
12.6.3 Specialty Gases
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 Industrial, Medical and Specialty Gases Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Chemicals
12.10.3 Metals
12.10.4 Electronics
12.10.5 Medical/Healthcare
12.10.6 Food and Beverages
12.10.7 Energy
12.10.8 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) Industrial, Medical and Specialty Gases Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial, Medical and Specialty Gases 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) Industrial, Medical and Specialty Gases Market Size Forecast by Type
13.6.1 Industrial Gases
13.6.2 Medical Gases
13.6.3 Specialty Gases
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) Industrial, Medical and Specialty Gases Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Chemicals
13.10.3 Metals
13.10.4 Electronics
13.10.5 Medical/Healthcare
13.10.6 Food and Beverages
13.10.7 Energy
13.10.8 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 Industrial, Medical and Specialty Gases Market: Competitive Dashboard
14.2 Global Industrial, Medical and Specialty Gases Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 AIR WATER
14.3.3 Asco Carbon Dioxide
14.3.4 ACP Belgium
14.3.5 Air Liquide
14.3.6 Linde AG
14.3.7 Messer Group
14.3.8 Praxair
14.3.9 SOL Group
14.3.10 Taiyo Nippon Sanso Corporation
14.3.11 BASF
14.3.12 Linde Uk Holdings
14.3.13 Air Products Industry
14.3.14 Coregas Pty Ltd
14.3.15 Daesung Industrial Gases
14.3.16 Ellenbarrie Industrial Gases
14.3.17 Foshan Huate Gas
14.3.18 Koatsu Gas Kogyo
14.3.19 Koike Sanso Kogyo
14.3.20 African Oxygen Limited
14.3.21 Uttam Group
14.3.22 Tokyo Gas Chemicals
14.3.23 PT. Samator Group
