“Industrial Gases Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2022-2027” provides a deep and thorough evaluation of the global industrial gases market. Industrial gases, such as carbon dioxide, oxygen, nitrogen, argon, neon, xenon, and hydrogen, are manufactured in large quantities for numerous industrial processes. They comprise elements, molecular compounds, and mixtures that are prepared at ambient pressures and temperatures. As they have high reactivity and superior physical properties, the demand for industrial gases is rising worldwide.
Rapid industrialization in developing economies represents one of the key factors bolstering the market growth. Moreover, industrial gases find extensive applications in the photovoltaic industry for manufacturing solar panels. They are also used in respiratory stimulants to provide artificial ventilation to patients on life support. Furthermore, liquid helium is utilized in magnetic resonance imaging (MRI) equipment to cool down superconductive magnet coil scanners.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the industrial gases market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the industrial gases market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the industrial gases market in detail for the latest trends, outlook and opportunities.
The report analyses the competitive structure of the industrial gases industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the industrial gases industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the industrial gases industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the industrial gases industry. Furthermore, the value chain analysis of the industrial gases industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
Key Segments and Highlights of the Global Industrial Gases Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the industrial gases Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.
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