Asia Pacific’s industrial gases market is the largest in the world, as revealed by a new report from The Business Research Company, Industrial Gas Global Market Opportunities And Strategies To 2021. Asia Pacific’s large market size can be attributed particularly to the large number of electronic manufacturing companies in the region, especially in countries such as China, Japan, Singapore, Malaysia and Thailand. North America’s industrial gas market is the second largest in the world.
The Asia Pacific industrial gas market is expected to grow rapidly from 2017 to 2022, owing to the expected increase in demand from the electronics industry in the region, while growth in North America will be much slower. Large scale investments to increase production capacity by companies such as Semiconductor Manufacturing International Corporation (SMIC), Sony, Toshiba, and Micron Memory are expected to drive this growth of the Asia Pacific industrial gas market. For example, Taiyon Nippon Sanso Corporation has started an electronics gas manufacturing plant at Yangzhou Chemical Industry Park (YCIP) in China in order to take advantage of the increasing demand for electronics gases in Asia Pacific especially in China.
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The industrial gas industry comprises primarily manufacturers of industrial organic and inorganic gases in compressed, liquid, and solid forms. The industrial gas industry is segmented by type of gas. Segments include the industrial hydrogen gas industry, the industrial oxygen gas industry, the industrial carbon dioxide industry and the industrial nitrogen industry.
Industrial Gas Global Market Opportunities And Strategies To 2021 is one of a series of new industry reports from The Business Research Company that identify opportunities and explain strategies in a range of industries, provide a market overview, analysis and forecasts of market size and industry statistics, market growth rates, market trends, market drivers, market restraints, market revenues, market shares and company profiles of the leading competitors in over 300 industry reports, covering over 2400 market segments and 56 geographies. The industry reports draw on 150,000 datasets. Extensive secondary research is augmented with exclusive insights and quotations from industry leaders obtained through interviews. Market analysis and forecasts are provided by a highly experienced and expert team of analysts and modellers.
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Where To Learn More
Read the Industrial Gas Global Market Opportunities And Strategies To 2021 from The Business Research Company for information on the following:
Markets Covered: Industrial gas market, nitrogen, hydrogen, oxygen, carbon dioxide, other industrial gases, chemicals market
Industrial Gas Companies Covered: L’Air Liquide S.A, The Linde Group, Praxair Inc., Air Products and Chemicals Inc., Taiyo Nippon Sanso Corporation
Regions: North America, Asia Pacific, Western Europe, South America, Eastern Europe, Middle East, Africa.
Countries: USA, China, Japan, Germany, Brazil, France, Italy, UK, Australia, India, Spain, Russia.
Time Series: Five years historic (2013-17) and forecast (2017-21).
Data: Industrial gases industry analysis, industrial gas market size and growth for 7 regions and 12 countries; global regional and country industrial gases market size and growth segmented by type of gas – nitrogen, hydrogen, oxygen, carbon dioxide, other industrial gases; industrial gas market share; global, regional and country industrial gases market size and growth segmented by end user industry – manufacturing, metallurgy, chemicals, healthcare, food and beverages, other end users; global, regional and country industrial gases per capita consumption and market size as a percentage of GDP 2013-21; companies included: L’Air Liquide S.A, The Linde Group, Praxair Inc., Air Products and Chemicals Inc., Taiyo Nippon Sanso Corporation financial performance 2013-21; global chemicals market size and growth rate 2013-17 and 2017-21.
Other Information: PESTEL analysis, drivers and restraints, customer and operational insights, industrial gas market by country covering opportunities, industrial gas associations, investment and expansion plans, corporate tax structure and competitive landscape; Industrial gas market trends and strategies.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes. Sources include primary as well as extensive secondary research.
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