High Purity Gas Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

(MENAFNEditorial) The high purity gas market is expected to grow over the CAGR of around 5 % during the period 2016 to 2023.

Market Highlights

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.

Market Research Analysis

Asia-Pacific region is expected to dominate the high purity gas market with the highest CAGR. The region is expected to grow with the boom in the electronics industry in the developing nations such as India and China. The increase in manufacturing of smartphones in the countries such as China is expected to further drive the growth of the market. The increase in applications among other industry verticals of the region such as pharmaceutical and automotive industries is also driving the growth of the market

Key Players

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)

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Scope of the Report

This study provides an overview of the global high purity gas market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global High purity gas market by its product, application and region.

By Product

- Carbon Gases

- Noble Gases

- High Atmospheric Gases

By Application

- Electronics

- Automotive

- Pharmaceutical

By Region

- North America

- Asia Pacific

- Europe

- Rest of the World

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Intended Audience

Distributer & Supplier companies

End Users

consultants and Investment bankers

Government as well as Independent Regulatory Authorities

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