London, UK (PRWEB) October 30, 2014
Industrial production has been demonstrating positive sings in Europe and Japan and growing in the USA and China. Furthermore, growth in the emerging economies is set to remain the primary driver of global economic trends in the years to come. The automotive industry is gaining momentum in the USA as well as in China and India. Steel production is following an upward trend in Asia, with China being the leading contributor. Furthermore, the chemical sector has posted considerable growth rates in China and in the USA. The global industrial, medical and specialty gases markets long-term growth is expected to be driven by the rising demand from applications in the environment, energy, electronics and healthcare industries. Globalisation of the industry and resource constrains could also stimulate the sectors growth. The modernisation process is resulting in an upsurge in outsourcing, chiefly in such developing nations as India and China, and volume growth in industrial gases for industrial processes. The size of the global industrial gases market is estimated at USD 77 billion as of 2014 and is forecast to reach USD 116.6 billion by the end of 2020, expanding with a CAGR of 7.2% during 2014-2020.
Air Products and Chemicals, Inc., Linde AG, Air Water Inc., Praxair Inc., Airgas, Inc., Iwatani Corporation, L’air Liquide SA, Messer Group GmbH, SOL S.p.A., Westfalen AG, and Taiyo Nippon Sanso Corporation are the leading players operating in the market worldwide.
New research report Industrial, Medical and Specialty Gases – A Global Market Overview worked out by Industry Experts is available at MarketPublishers.com.
Title: Industrial, Medical and Specialty Gases – A Global Market Overview
Published: October, 2014
Price: US$ 4,050.00
The research study analyses, estimates and forecasts the world industrial, medical and specialty gases market globally with a focus on such regions as North America, APAC, Europe, South America and RoW; as well as for key product segments industrial gases, medical gases, and specialty gases. RoW is further drilled down for the Mid East and Africa, with the market split by leading nations in these regions. The report grants access to statistical data for the global market value by geographical region, top country in each region, type of product as well as by end-use application. The study offers detailed profiles of top 11 global players and 71 major players in the industry across North America, Europe, APAC, South America and RoW. Furthermore, a global listing of the companies involved in the production and supply of the respective gases, with coverage of addresses, contact information and web site addresses of 229 firms. The study casts light on the market drivers and major trends, and provides perspective on the global and regional market development.