Global Industrial Gases Market Size Forecast to 2028- Trends, Analysis and Outlook by Application, Type, Distribution Type and Geography
- May 2020 •
- 80 pages •
- Report ID: 5894425 •
- Format: PDF
• The Global Industrial Gases market is valued at $110 billion in 2020
• Healthcare is the largest application segment of the Industrial Gases market
• Oxygen remain the dominant type of Industrial Gases
• Bulk distribution system is the widely used distribution mode
• Asia Pacific is the largest market for Industrial Gases
The $110 billion Industrial Gases industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Industrial Gases market from 2020 to 2028.The Industrial Gases market research report presents detailed Industrial Gases market analysis, and forecasts to 2028. Detailed insights into global and regional Industrial Gases market statistics, Industrial Gases companies and growth prospects across verticals are included.
Industrial Gases Market Overview and Developments in 2020
The report presents a snapshot of recent market trends in the Industrial Gases industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, porter’s five forces analysis, and other analysis are included in the research.
Impact of COVID-19 on Global Industrial Gases market revenue
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Industrial Gases manufacturers and vendors. However, we expect the negative impact of COVID-19 on Industrial Gases to be compensated over the medium to long term future.
Industrial Gases Market Size and Outlook by Application to 2028
This chapter presents an insight into different Industrial Gases types and their contribution to global market growth. The growth in global Industrial Gases market size is forecast to continue despite the economic challenges. The report forecasts the Industrial Gases market revenue across different Applications, which include- Healthcare, Chemical, Energy, Manufacturing, Metallurgy, Glass, others. Of these, Healthcare dominates the global Industrial Gases market.
Industrial Gases Market Size and Outlook by Type to 2028
A long-term perspective indicates that Oxygen dominates the Industrial Gases market. The industry is classified into different Types including Oxygen, Nitrogen, Carbon Dioxide, Argon, others.
Industrial Gases Market Size and Outlook by Distribution Type to 2028
The research suggests that there is a strong case for the development of new Distribution channels and types of Industrial Gases worldwide. Different distribution types analyzed in the report are Bulk, Packaged, and Onsite. The study identifies that Bulk distribution system has the most substantial value-creation potential.
Global Industrial Gases Company Profiles
The report presents business profiles of major companies operating in the industry including Air Liquide SA, Air Products and Chemicals Inc, BASF SE, Linde AG, Praxair Inc.
The business overview, SWOT profile and product information are provided for all the companies.
The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.
Sources and Methodology
The data and analysis presented in this report are sourced from a wide range of sources such as associations, manufacturers, suppliers, distributors, consumer companies, and government sources.
Scope of the research
• Global and regional Industrial Gases Market Size estimates in revenue terms from 2019 to 2028
• Segmentation analysis across types, applications, and geographies
• Strategic analysis through trends, drivers, challenges, opportunities, porter’s five forces analysis
• Market Developments including M&A, new product development, and competitive analysis
• Potential strategies of leading companies