Dublin, Sept. 05, 2018 (GLOBE NEWSWIRE) -- The "Industrial Gas Global Market Opportunities And Strategies To 2021" report has been added to ResearchAndMarkets.com's offering.

The report covers market characteristics, size and growth, pestle analysis, segmentation, regional and country breakdowns, competitive landscape, market shares, key mergers and acquisitions, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Industrial gases, also referred to as bulk gases or commodity gases, are produced in large quantities by companies for use in a variety of industrial manufacturing processes. The industrial gas industry comprises primarily manufacturers of industrial organic and inorganic gases in compressed, liquid, and solid forms. The global industrial gas market is forecast to grow at a compound annual rate of 4.44% between 2017 and 2021. This growth is being driven by global economic growth, particularly in emerging economies, and by the increased use of gas in the healthcare industry.

Asia-Pacific's industrial gas market is the largest in the world at 35.2% of the total market, worth $25.8 billion. Asia-Pacific's market size can be attributed to the presence of a large number of electronic manufacturing companies in the region, especially in countries such as China, Japan, Singapore, Malaysia and Thailand. North America's industrial gas market is the second largest in the world with a 31.0% share of the market, worth $22.7 billion.

Nitrogen is the largest segment in the global industrial gas market at 28% of the market, worth $20.67 billion. Nitrogen has the largest share due to the presence of established pharmaceutical, food processing and general manufacturing industries that use nitrogen widely in their manufacturing.

The manufacturing industry is the largest end user in the global industrial gas market with a 27% share of the market, worth $19.54 billion. This is mainly due to the demand for industrial gases such as nitrogen and hydrogen.

The global industrial gas market is benefitting from consumer demand for freshness in food products. Health-conscious consumers are demanding fewer additives and safer and fresher food products, which increases the demand for industrial gases which can sometimes be used in place of chemical ingredients. As a result the food and beverage industry is buying increasing quantities of food-grade industrial gases which are used to chill, freeze, and package a variety of food products such as dairy and frozen products, beverages, fruits, vegetables, meat, fish, seafood, convenience foods, bakery and confectionery. Food-grade gases are high purity gases that comply with food grade standards; they include nitrogen, oxygen, and carbon dioxide.

The global industrial gas market is highly concentrated. The L'Air Liquide S.A was the largest competitor with 23.7% of the market, followed by The Linde Group, Praxair Inc., Air Products and Chemicals Inc., and Taiyo Nippon Sanso Corp. Global industrial gas mergers and acquisitions (M&A) are expected to increase in the coming years, building on strong activity in 2015 and 2016 where companies like Air Liquide, Praxair acquired other companies.

For example, Air Liquide acquired Air Gas for $10.3 billion in May 2016. Industrial gas companies are continuing to realign their portfolios and pursue profitable inorganic growth opportunities. In addition, M&A interest is likely to be fueled by stronger corporate balance sheets, liquid debt markets, and continued favorable interest rates.

Key Topics Covered:

1. Industrial Gas Market Characteristics

2. Industrial Gas Market Size and Growth

3. Industrial Gas Market Trends And Strategies

4. PESTLE Analysis

5. Industrial Gas Market Segmentation

6. Global Industrial Gas Market Comparison with Macro Economic Factors

7. Industrial Gas Market Regional And Country Analysis

8. Asia Pacific Industrial Gas Market Overview

9. Asia Pacific Industrial Gas Market: Country Analysis

10. Western Europe Industrial Gas Market Overview

11. Eastern Europe Industrial Gas Market Overview

12. North America Industrial Gas Market Overview

13. South America Industrial Gas Market Overview

14. Middle East Industrial Gas Market Overview

15. Africa Industrial Gas Market Overview

16. Industrial Gas Market Competitive Landscape

17. Key Mergers And Acquisitions In The Industrial Gas Market

18. Market Background: Global Chemicals Market

19. Appendix

Companies Mentioned

Asia-Pacific:

• Bhuruka Gases Limited
• Bombay Oxygen Corporation
• Ellenbarrie
• Henan Xinlianxin Shenleng Energy Co Ltd
• Hunan Kaimeite Gas Co Ltd
• INOX Air Products
• Linde India
• Praxair India
• SICGIL India Limited
• Suzhou Jinhong Gas
• Taiyo Nippon Sanso Corporation
• The Southern Gas Ltd.
• Yingde Gases

North America:

• Air Liquide
• Air Products
• Linde Group
• Matheson Tri-Gas
• Praxair

Western Europe:

• Air Liquide
• Air Products
• Linde Group
• Messer
• Praxair
• SOL S.p.A.

South America:

• Indstria Brasileira de Gases Ltda
• Swisgas del Ecuador
• White Martins

Middle East:

• Air Liquide
• Air Products
• Buzwair
• Cryo
• Linde Group and Praxair

Africa:

• Afrox
• Air Liquide
• Air products
• Gas Africa

Eastern Europe:

• AGA Eesti
• Cryogenmash
• Dary Prirody
• Elme Messer Gaas AS
• Krion
• Lvov Chemical Plant
• SIAD

For more information about this report visit https://www.researchandmarkets.com/research/bgptx9/global_industrial?w=12

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Related Topics: Industrial and Specialty Gases

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