Market Overview:
The global specialty gas market is expected to grow from USD 9.5 billion in 2018 to USD 15.8 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the global specialty gas market can be attributed to the increasing demand for high purity gases, noble gases, carbon gases, halogen gases, and others in various applications such as electronics, petrochemical manufacturing, health care industry automotive industry and others.
Product Definition:
A Specialty Gas is a gas that has been specifically engineered for a particular application. It is often used in highly specialized industrial or laboratory settings. The importance of specialty gases lies in their ability to provide unique performance characteristics that are essential for specific tasks.
High Purity Gases:
High purity gases are used in various applications such as semiconductor & electronics, food processing, pharmaceuticals and biotechnology industries. The growth factor for high purity gases is the growing demand from end-use industries.
The major driver for high-purity gas market is its increasing application in specialty gas market which includes carbon dioxide, nitrogen and argon among others.
Noble Gases:
Noble gases are a group of chemically inert, usually non-combustible, substances that do not react with other chemicals. They consist of helium, neon, argon and nitrogen along with a few others. Noble gases have applications in the chemical industry for manufacturing processes as well as in medical & pharmaceutical industries for use in anesthetic procedures and cryotherapy (cryogenic therapy). The global demand from these end-use industries is expected to drive the market over the forecast period.
Application Insights:
Petrochemical emerged as the dominant application segment and accounted for over 45% of the total revenue in 2017. The growth can be attributed to increasing demand for petrochemicals from emerging economies such as China, India, Brazil and Mexico. Petrochemical is further segregated into two categories namely upstream and downstream segments.
Health care was another significant application that accounted for over 10% of the total market volume in 2017 due to rising use of specialty gases in medical applications such as anesthetic agents, surgical masks & gowns, pharmaceutical tablets & capsules among others. In addition, growing health consciousness among individuals is expected to increase product demand globally over the forecast period particularly during 2020s owing to increasing usage of electronic devices such as smartphones which require lithium-ion batteries manufactured using rare earth metals including yttrium aluminum garnet (YAG).
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial output. China, India, Japan, South Korea are some of the major countries that form APAC.
China is one of the largest manufacturers across various industries such as automotive and electronics owing to its large domestic market along with low labor cost and manufacturing infrastructure compared to other regions such as North America or Europe. This factor is anticipated to propel specialty gas demand in China over the forecast period.
The Middle East & Africa (MEA) region emerged as a prominent consumer due to rapid development in several industries including oil & gas, petrochemicals along with growing healthcare industry mainly due to high population density per capita income rise health care spending by individuals government initiatives for improving public health system have been encouraging investors which resulted into increased production capacity expansion projects new construction etc.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for specialty gases used in the manufacturing process.
- Growing demand for medical gases and devices used in hospitals and clinics.
- Increasing use of specialty gases in research and development laboratories.
- Rising demand from the food processing industry for specialty gases used in food packaging and preservation applications.
- Proliferation of new applications for specialty gases across a wide range of industries, including automotive, aerospace, energy production etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Gas Market Research Report
By Type
High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases, Others
By Application
Electronics, Petrochemical, Manufacturing, Health Care, Automotive Industry, Others
By Companies
American Air Liquide Holdings, Praxair Incorporated, Tmc Fluid Systems, Analytical Specialties, Toc Systems, Buchi Labortechnik, Silica Verfahrenstechnik, Bacharach, Shelco Filters, Peus-Instruments
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Gas Market Report Segments:
The global Specialty Gas market is segmented on the basis of:
Types
High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases, Others
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
Electronics, Petrochemical, Manufacturing, Health Care, Automotive Industry, Others
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:
- American Air Liquide Holdings
- Praxair Incorporated
- Tmc Fluid Systems
- Analytical Specialties
- Toc Systems
- Buchi Labortechnik
- Silica Verfahrenstechnik
- Bacharach
- Shelco Filters
- Peus-Instruments
Highlights of The Specialty Gas 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:
- High Purity Gases
- Noble Gases
- Carbon Gases
- Halogen Gases
- Others
- By Application:
- Electronics
- Petrochemical
- Manufacturing
- Health Care
- Automotive Industry
- Others
- 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 Specialty Gas 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?
Specialty gas is a type of natural gas that is specifically designed for industrial or commercial use. It includes gases such as hydrogen, helium, and nitrogen that are not typically found in traditional natural gas supplies. These gases are often used in manufacturing processes or to create special atmospheres for products like pharmaceuticals and food.
Some of the major companies in the specialty gas market are American Air Liquide Holdings, Praxair Incorporated, Tmc Fluid Systems, Analytical Specialties, Toc Systems, Buchi Labortechnik, Silica Verfahrenstechnik, Bacharach, Shelco Filters, Peus-Instruments.
The specialty gas market is expected to register a CAGR of 6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Gas Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Specialty Gas Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Specialty Gas Market - Supply Chain
4.5. Global Specialty Gas Market Forecast
4.5.1. Specialty Gas Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Specialty Gas Market Size (000 Units) and Y-o-Y Growth
4.5.3. Specialty Gas Market Absolute $ Opportunity
5. Global Specialty Gas Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Specialty Gas Market Size and Volume Forecast by Type
5.3.1. High Purity Gases
5.3.2. Noble Gases
5.3.3. Carbon Gases
5.3.4. Halogen Gases
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Specialty Gas Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Specialty Gas Market Size and Volume Forecast by Application
6.3.1. Electronics
6.3.2. Petrochemical
6.3.3. Manufacturing
6.3.4. Health Care
6.3.5. Automotive Industry
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Specialty Gas Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Specialty Gas Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Specialty Gas Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Specialty Gas Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Specialty Gas Demand Share Forecast, 2019-2026
9. North America Specialty Gas Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Specialty Gas Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Specialty Gas Market Size and Volume Forecast by Application
9.4.1. Electronics
9.4.2. Petrochemical
9.4.3. Manufacturing
9.4.4. Health Care
9.4.5. Automotive Industry
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Specialty Gas Market Size and Volume Forecast by Type
9.7.1. High Purity Gases
9.7.2. Noble Gases
9.7.3. Carbon Gases
9.7.4. Halogen Gases
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Specialty Gas Demand Share Forecast, 2019-2026
10. Latin America Specialty Gas Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Specialty Gas Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Specialty Gas Market Size and Volume Forecast by Application
10.4.1. Electronics
10.4.2. Petrochemical
10.4.3. Manufacturing
10.4.4. Health Care
10.4.5. Automotive Industry
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Specialty Gas Market Size and Volume Forecast by Type
10.7.1. High Purity Gases
10.7.2. Noble Gases
10.7.3. Carbon Gases
10.7.4. Halogen Gases
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Specialty Gas Demand Share Forecast, 2019-2026
11. Europe Specialty Gas Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Specialty Gas Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Specialty Gas Market Size and Volume Forecast by Application
11.4.1. Electronics
11.4.2. Petrochemical
11.4.3. Manufacturing
11.4.4. Health Care
11.4.5. Automotive Industry
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Specialty Gas Market Size and Volume Forecast by Type
11.7.1. High Purity Gases
11.7.2. Noble Gases
11.7.3. Carbon Gases
11.7.4. Halogen Gases
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Specialty Gas Demand Share, 2019-2026
12. Asia Pacific Specialty Gas Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Specialty Gas Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Specialty Gas Market Size and Volume Forecast by Application
12.4.1. Electronics
12.4.2. Petrochemical
12.4.3. Manufacturing
12.4.4. Health Care
12.4.5. Automotive Industry
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Specialty Gas Market Size and Volume Forecast by Type
12.7.1. High Purity Gases
12.7.2. Noble Gases
12.7.3. Carbon Gases
12.7.4. Halogen Gases
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Specialty Gas Demand Share, 2019-2026
13. Middle East & Africa Specialty Gas Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Specialty Gas Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Specialty Gas Market Size and Volume Forecast by Application
13.4.1. Electronics
13.4.2. Petrochemical
13.4.3. Manufacturing
13.4.4. Health Care
13.4.5. Automotive Industry
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Specialty Gas Market Size and Volume Forecast by Type
13.7.1. High Purity Gases
13.7.2. Noble Gases
13.7.3. Carbon Gases
13.7.4. Halogen Gases
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Specialty Gas Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Specialty Gas Market: Market Share Analysis
14.2. Specialty Gas Distributors and Customers
14.3. Specialty Gas Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. American Air Liquide Holdings
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Praxair Incorporated
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tmc Fluid Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Analytical Specialties
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toc Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Buchi Labortechnik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Silica Verfahrenstechnik
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bacharach
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shelco Filters
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Peus-Instruments
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
