Industrial Gases Industry Data Book - Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon and Acetylene Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030
Grand View Research’s industrial gases sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with a statistics e-book.
Access the Global Industrial Gases Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.
Hydrogen Industrial Gases Market Report Highlights
The global Hydrogen Industrial Gases Market size was valued at 251,958.6 million SCF in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030.
- Hydrogen gas is mainly utilized for welding purposes in industrial operations. Hydrogen helps enhance stability in plasma welding and cutting activities in various welding processes.
- Hydrogen can also be mixed with argon to provide a gas shield to protect the welded metal from corrosion and contamination. In addition, hydrogen plays a key role in metal fabrication to secure metal products from oxidation during heat treatment.
- Another major application of hydrogen is in glass manufacturing. Hydrogen is used in combination with other gases to secure glass from oxidation during glass production.
- Growing welding processes in fabrication industry is expected to escalate the demand for hydrogen gas. The welding process primarily involves tungsten inert gas welding, metal inert gas welding, and brazing.
- The growing usage of metal in the automotive industry has spurred its demand over the past few years. In addition, the growing aerospace industry has propelled the usage of metal in aircraft production.
Order your copy of Free Sample of “Industrial Gases Industry Data Book - Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon and Acetylene Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
CO2 Industrial Gases Market Report Highlights
The global CO2 Industrial Gases Market size was valued at 71,185.4 million SCF in 2022 and is expected to grow at compound annual growth rate (CAGR) of 5.1% from 2023 to 2030.
- The growing usage of metal in the automotive and aerospace industry is anticipated to drive demand for carbon dioxide over the projected years.
- The demand for automobiles surged during the period of Covid-19 owing to safety concerns regarding public transport.
- Shut down of public transport due to prolonged lockdown during the year 2020-21, compelled people to consider purchasing passenger cars for commuting purposes, and that also provided safety from Covid-19 infection.
- This factor triggered the demand for automobiles in countries like China, India, and the U.S. This factor is likely to bolster the demand for metal welding, as a result, will positively impact the carbon dioxide market over the forthcoming years.
- Rapid construction of residential and official buildings in urban as well as rural areas is fueling the demand for fire suppressors across the globe.
Go through the table of content of Industrial Gases Industry Data Book to get a better understanding of the Coverage and Scope of the study
Competitive Landscape
Global as well as regional players are striving to strengthen their sales channels to maintain a stable supply of industrial gas products to its consumers. The growing usage of industrial gases from a wide range of industries is also creating a competitive environment for industrial gas producers. Large players cater to the maximum share of the industrial gas market, while small players are also focusing on innovation and better product and service quality to capture a greater market share.
Key players operating in the Industrial Gases Industry are:
- Air Liquide
- Air Products Inc.
- INOX-Air Products Inc.
- Iwatani Corp.
- Linde plc
- Messer
- SOL Group
- Strandmøllen A / S
- Taiyo Nippon Sanso Corp.
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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