Industrial Gas Market Global Report 2017

Industrial Gas Market Global Report 2017

  • June 2017 •
  • 250 pages •
  • Report ID: 4402213 •
  • Format: PDF
Industrial gases are also referred to as bulk gases or commodity gases; they are produced in relatively large quantities by companies for use in a variety of industrial manufacturing processes. The industrial gas industry comprises establishments primarily engaged in manufacturing industrial organic and inorganic gases in compressed, liquid, and solid forms.

The global industrial gas market is expected to reach around $135 billion in 2020. This can be attributed to the expected increase in the global industrial gas mergers and acquisitions (M&A) in the coming years, building on a strong year of activity in 2016 and 2015 where companies like Air Liquide, Praxair acquired other companies at high values. For example, Air Liquide acquired Air Gas for $10.3 billion in May 2016 . Industrial gas companies are continuing to realign portfolios and pursue profitable inorganic growth opportunities. In addition, M&A interest is likely to be fuelled by stronger corporate balance sheets, liquid debt markets, and continued favorable interest rates.

Asia was the largest region in the industrial gas market in 2016, accounting foraround 70% market share. Asia is the largest market because of the robust manufacturing Industry in China and India. Europe was the second largest region accounting for around 17% market share. The Americas was the third largest region accounting for around 11% market share.