The growth of the high purity gas market is the increase in demand in various applications such as metal production, oil & gas, chemical, electronics, medical & healthcare, and food & beverage. The rapid urbanization, growth in infrastructural activities, and increasing industrialization across the globe, is leading to an increase in need for high purity gases.
Global Key Players and Competition Analysis
The key players of high purity gas market are Praxair Inc. (U.S.), Linde Group (Germany), Air Liquide S.A. (France), Messer Group (Germany), Advanced Specialty Gases Inc. (U.S.), Matheson Tri-Gas Inc. (U.S.), Air Products and Chemicals Inc. (U.S.), Airgas Inc. (U.S.), Iceblick Ltd. (Ukraine), Iwatani Corporation (Japan) and others.
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Segmentation Analysis
The global high purity gas market is segmented into product, application and region. Based on the product market is segregated into carbon gases, noble gases, high atmospheric gases and others. Based on application market is segmented into electronics, automotive, pharmaceutical and others. Based on regions market is segmented into North America, Europe, Asia-Specific, Rest of the World.
Regional Analysis
Asia-Pacific region is expected to dominate the High Purity Gas Market during the forecast period. The growth of this region can be attributed to the presence of emerging economies in the countries of China and India. The booming electronics sector in the region which requires use of high purity gases is also expected to drive the growth of the high purity gas market in the region.
Market Scope
One of the key drivers for the growth of high purity gas market is the increased demand of high purity gas in the industrial gas market. The booming electronics industry and the rapid technological advancements in the industry are further leading to the growth of the high purity gas market. The upsurge in the demand of energy and the use of high purity gas in several process of petroleum refinery is also driving the growth of the market.
Browse the market data and information spread across 111 pages with 27 data tables and 15 figures of the report “High Purity Gas Market Research Report – Global Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/high-purity-gas-market-2775
Industry News:
May 8, 2017 Market research future published a half-cooked research report on Global High purity gas market. The high purity gas market is expected to grow over the CAGR of around 5 % during the period 2016 to 2023.
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