Global Industrial Gases Market : Things You Should Know

 

Global industrial gases market was valued at US$ 112.2 billion in 2021, and it is expected to reach a value of US$ 241.62 billion by 2028, at a CAGR of more than 15.8% over the forecast period (2022-2028).

Know more https://skyquestt.com/report/industrial-gases-market

Industrial gases are created as gaseous products for use in a wide range of industrial production processes at ambient temperature and pressure. Pure gases, compounds, and gas mixes are among them. Oxygen, nitrogen, hydrogen, carbon dioxide, carbon monoxide, acetylene, and noble gases are some of the most widely used industrial gases. Industrial gases are provided via gas cylinders, bulk liquid, or pipelines in either gaseous or liquified form. The industrial gases market is fueled by an increase in global oil & gas refining capacity as well as increased natural gas consumption for home and industrial applications.

Growing demand for industrial gases from key end-use sectors such the oil and gas, chemicals, petrochemicals, food and beverage, and power industries. The increasing use of industrial gases in various sectors such as construction, metals, mining, and food services is driving the market's expansion. Furthermore, increasing global demand for electronic gadgets and renewables are driving market expansion. Furthermore, rising crude oil consumption and the necessity for refining may boost demand for industrial gases during the anticipated period.

Top Player's Company Profiles

·        

    • Asia Technical Gas Co (Pte) Ltd (Singapore)
    • Air Liquide S.A. (France)
    • Dubai Industrial Gases INDUSTRIES (UAE)
    • Ellenbarrie Industrial Gases Ltd (India)
    • Air Products and Chemicals Inc. (US)
    • Bhuruka Gases Ltd. (India)
    • India Glycols Ltd (India)
    • Tripti Gases Pvt. Limited (Germany)
    • Goyal MG Gases Pvt. Ltd (India)

Get sample report https://skyquestt.com/sample-request/industrial-gases-market

Recent Developments

  • In June 2022, Air Products has said it will support China’s new round of development, with a focus on the energy transition, as it looks to help the country meet its decarbonisation goals and lay the foundations for a cleaner future.
  • In April 2022, Cryogenic Industrial Solutions (CIS) has confirmed its acquisition of Colorado-based NITRO Crete. NITRO Crete will continue to be led by its current CEO Stephen De Bever.

Global Industrial Gases Key Market Trends

  • Bulk oxygen is frequently needed in the medical field to reduce the risk of having too much oxygen in the lungs or other body tissues during operations and to provide artificial breathing. Nitrogen is used in pre-flight lung diagnosis to determine an individual's ability to respond to a simulated aeroplane cabin environment. Carbon dioxide can be utilised during insufflation and combined with oxygen to stimulate respiratory simulation.
  • Power-to-Liquids technologies are receiving more investment as they move closer to scaling up commercialization because e-fuels like e-methane, e-kerosene, and e-methanol provide a method to replace traditional fossil fuels in operating internal combustion engines.

 

About Us-

SkyQuest Technology Group is a Global Market Intelligence, Innovation Management &      Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

        Contact us :

       SkyQuest Technology Consulting Pvt. Ltd.

1 Apache Way,

Westford,

Massachusetts 01886

USA (+1) 617-230-0741

Comments

Post a Comment

Popular posts from this blog

Global Dry Ice Market Analysis 2016-2020 and Forecast 2021-2026

  This report presents the worldwide Dry Ice market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2026), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Know more https://www.insidemarketreports.com/report/4/837015/Dry-Ice Companies profiled and studied for this Dry Ice market report Linde Industrial Gases (Germany) Yara (Norway) Praxair (USA) Air Liquide (France) Messer Group (Germany) Mastro Ice (USA) Polar Ice (Ireland) Cee Kay Supply (USA) US Ice Carvers (USA) Get Free Sample https://www.insidemarketreports.com/sample-request/4/837015/dry-ice-markets Dry Ice Market Recent Updates 14 October 2021, ASCO CARBON DIOXIDE has expanded its dry ice product portfolio with the launching of its ASC
Read more

Global Electric Grill Market Segmented By Type (Indoor Grill, Outdoor Grill) By End-user (Residential, Commercial) By Distribution Channel (Online, Offline) & By Region - Forecast And Analysis 2020-2027

  Manufacturers of smart kitchen gadgets have created electric grills to eliminate smoke and the usage of charcoal in response to rising customer demand for handmade tasty grilled meals. Even though people prefer charcoal or gas grills for grilling meals, electric grills are now increasingly popular due to their convenience and capacity to be used indoors. Electric grills utilize electricity to heat the coils, making them incompatible with charcoal and gas barbecues. As a result, the use of an indoor grill for purposes other than smoking would increase demand for the product. It is a cost-effective and flexible piece of equipment that is ideal for small-scale cooking. As a result, throughout the projected period, these factors are expected to drive market expansion. Know more https://bit.ly/3880uRe Key players in Electric Grill market are: Char-Broil LLC ElectriChef Cuisinart Kenyon International, Inc. Fire Magic De’ Longhi Appliances S.r.l. Roller Grill Internatio
Read more

Global Synthetic Fuel Market : things you should know

  Global synthetic fuel market was valued at US$ 4.1 billion in 2021, and it is expected to reach a value of US$ 20.84 billion by 2028, at a CAGR of more than 26.15% over the forecast period (2022- 2028). Fuels that are synthetic, or "carbon-neutral," collect CO2 during production. In this method, this greenhouse gas is transformed into a raw material from which power from renewable sources can be used to manufacture gasoline, diesel, and replacement natural gas. The ability to continue using the existing network of filling stations is another significant benefit of combustion engines that run on synthetic fuels. The same is true of the current combustion-engine knowledge. Furthermore, the creation of alternative fuels may be beneficial even though electric vehicles will become substantially less expensive in the next years. Depending on the type of renewable energy utilized, Bosch has estimated that the total cost of ownership of a hybrid-powered by synthetic fuel, up to a
Read more