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Specialty Gases Market by Type (High Purity-Gases, Noble Gases, Carbon Gases, and Halogen Gases), Composition (Argon, Bromine, Nitrogen, Helium, Xenon, and Others), Application (Detectors, Spectrometer, Chromatograph, Non-Dispersive Infrared (NDIR), and Others), and End User (Electronics, Pharmaceutical, Calibration, Petrochemical, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

A06172
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Oct 2020 | 679 Views
 
Author(s) : Eswara Prasad
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Specialty Gases Market Overview - 2027

Specialty gases, also known as industrial gases, are purified chemically to high purity and their exceptional properties help improve yields. Specialty gases are characterized by high purity and specialized applications, and typically called as calibration gases, zero gases, or carrier gases. These gases are used in their purest form and are available in gaseous or liquid form. These are used to optimize performance indifferent industries such as electronics, petrochemical, analytical & calibration, and others.

 

Surge in demand for specialty gases in R & D, analytics, and calibration are expected to drive the market growth during the forecast period. In addition, application of these gases to study respiratory and pulmonary functions of astronauts is expected to fuel the segment growth in aerospace. Furthermore, rapid utilization of industrial specialty gases, such as nitrogen, oxygen, and carbon dioxide for packaging of ready to eat meals, is anticipated to propel the market growth. However, stringent government regulation, such as clean air act along with availability oflow-cost substitutes are anticipated to challenge the market growth. Moreover, innovative manufacturing process and encouragement from industry players through new investments are expected to explore new market segments during the forecast period. 

The specialty gases market is segmented into type, composition, application, end user, and region. By type, the market is divided into high purity-gases, noble gases, carbon gases and halogen gases. By composition, the market is classified into argon, bromine, nitrogen, Helium, xenon and others. By application, the market is categorized into detectors, spectrometer, chromatograph, non-dispersive infrared (NDIR) and others. By end-user, the market is differentiated into electronics, pharmaceutical, calibration, petrochemical and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa).

Some of the key players operating in the global specialty gases areThe Linde Group, Air Liquide, Southern Industrial Gas, Air Products and Chemicals Inc., Praxair Surface Technologies, Showa Denko, Messer, Mitsui Chemicals Group, Taiyo Nippon Sanso, and others.

Key Benefits for Stakeholders:

  • The global specialty gases market size has been analyzed across four major regions.

  • Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the market for strategy building.

  • The report outlines the current market trends and future scenario of the market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.

  • Major countries in each region have been mapped according to their individual revenue contribution to the regional market.

  • The key drivers, restraints, opportunities, and trends along with their detailed impact analysis are elucidated in the study.

  • The global specialty gases market analysis covers in-depth information of the major industry participants.

 

Scope of the Report:

          Report Metric

                                   Details

  Market size available for    years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD), Volume (Million cubic feet (MMcf))

  Segments covered

  Type, Composition, Application, End User, and Region

  Regions covered

  North America, Europe, Asia-Pacific, and LAMEA

  Companies covered

The Linde Group, Air Liquide, Southern Industrial Gas, Air Products and Chemicals Inc., Praxair Surface Technologies, Showa Denko, Messer, Mitsui Chemicals Group, Taiyo Nippon Sanso and others.

 

Key Market Segmentation:

                  ATTRIBUTE

                                           DETAILS

  By Type

  • High PurityGases
  • Noble Gases
  • Carbon Gases
  • Halogen Gases

  By Composition

  • Argon
  • Bromine
  • Helium
  • Nitrogen
  • Xenon
  • Others

  By Application

  • Detectors
  • Spectrometer
  • Chromatograph
  • Non-Dispersive Infrared (NDIR)
  • Others

  By End User

  • Electronics
  • Pharmaceutical
  • Calibration
  • Petrochemical
  • Others

  By Region

  • North America (U.S., Canada, and Mexico)
  • Europe (UK, Germany, France, Spain, Italy, and rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific)
  • LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA)

 

Questions answered in the specialty gases market research report:

  • What is the growth rate of the market during the forecast period?

  • What will be the global specialty gases market size from 2020 to 2027?

  • What will the key marketing strategies from 2020 to 2027?

  • Who are the leading manufacturing companies in the global specialty gases market?

  • How the major current trends will shape the market in the future?

  • What are the driving factors and opportunities in the market?

  • Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?

 
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