High Purity Gas Market is Expected to Grow at a CAGR of 5% by 2023

PUNE, India, 2017-Jul-05 — /EPR Network/ — Market Research Future published a half cooked research report on Global High purity gas market. 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.

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Key Players of High Purity Gas Market:

• 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)

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.

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
• Others

By Application

• Electronics
• Automotive
• pharmaceutical
• Others

By Region

• North America
• Asia Pacific
• Europe
• Rest of the World

 

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Akash Anand,

Market Research Future

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Email: akash.anand@marketresearchfuture.com