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Widely used in metal and ore processing, welding, food processing, healthcare, petrochemical, and various other industries, industrial gases continue to observe an impressive rate of consumption at a global level. Increasing steel production and expanding chemical industry are further creating significant demand for industrial gases. According to a recent market study of Persistence Market Research (PMR), theindustrial gases marketwill witness a robust CAGR during2019 – 2029<\/strong>, reaching the value ofUS$ 150 Bn<\/strong>by the end of forecast period.<\/p>\n <\/p>\n Request to Sample report @https:\/\/www.persistencemarketresearch.com\/samples\/2986<\/a><\/strong><\/p>\n <\/p>\n Key Takeaways – Global Industrial Gases Market Study<\/strong><\/p>\n <\/p>\n End users are shifting their preference towards high-purity industrial gases owing to production requirements and changing design standards. Manufacturers can gain profits from providing gases with value-based pricing without compromising on efficiency and quality of their offerings.<\/strong><\/p>\n <\/p>\n Increasing usage of oxygen gas in steel manufacturing is expected to propel growth of the industrial gases market. High demand for hydrogen from automotive sector for use as direct fuel or in fuel cells is anticipated to provide lucrative opportunities. Massive investments in infrastructural projects in Asia Pacific and rapidly growing industry across various sectors in Asia Pacific and North America are expected to boost the demand for industrial gases in these regions on a large scale.<\/p>\n <\/p>\n Request For Methodology@https:\/\/www.persistencemarketresearch.com\/methodology\/2986<\/a><\/strong><\/p>\n <\/p>\n Leading Players Account for over 3\/5th<\/sup>Share in Industrial Gases Market<\/strong><\/p>\n The industrial gases market is moderately consolidated on a global level, with leading players accounting for more than 60% of the overall market size as of 2018. However, significant fragmentation is witnessed in regions such as Asia Pacific, where local suppliers hold prominent market positions. Some of the key market players in the market included in the report are Air Liquide S.A., Linde plc, and Air Products and Chemicals, Inc. Focus on business expansion through mergers & acquisitions and new plant establishments are key trends in the global industrial gases market. Regional market players are focused on entering long term relationships with direct end-users to sustain continuous revenue flow.<\/p>\n <\/p>\n Company Profile,<\/strong><\/p>\n <\/p>\n For in-depth competitive analysis, buy now@https:\/\/www.persistencemarketresearch.com\/checkout\/2986<\/a><\/strong><\/p>\n Tags: Industrial Gases market Analysis<\/a>, Industrial Gases market growth<\/a>, Industrial Gases Market<\/a>, Industrial Gases Market Applications<\/a>, Industrial Gases Market Demand<\/a>, Industrial Gases Market Forecast<\/a>, Industrial Gases Market Share<\/a>, Industrial Gases Market size<\/a>, Industrial Gases Market Type<\/a><\/p>\n Tags:<\/b> 800-961-0353<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Widely used in metal and ore processing, welding, food processing, healthcare, petrochemical, and various other industries, industrial gases continue to observe an impressive rate of consumption at a global level. Increasing steel production and expanding chemical industry are further creating significant demand for industrial gases. According to a recent market study of Persistence Market … Continue reading Industrial Gases Market Comprehensive Survey on Demand by Forecast 2019 – 2029<\/span><\/a> Continue Reading \n
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