According to IMARC Group’s latest report, titled “Specialty Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global specialty gases market is expected to grow at a CAGR of 7.3% during 2021-2026. Specialty gases refer to a wide range of rare or highly purified industrial gases. These gases can be categorized into noble, carbon, and halogen gases. Specialty gases are used in various analytical methods, including Fourier transform infrared (FTIR), gas and liquid chromatography, and non-dispersive infrared (NDIR). As compared to standard medical and industrial gases, specialty gases offer fewer impurities during advanced instrumentation, analytical measurement and production processes. Consequently, these gases are extensively used in various industries, including chemical and healthcare.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
Steadily increasing industrialization, especially in the developing economies, represents one of the primary factors driving the specialty gases market growth. In line with this, significant growth in the healthcare industry is acting as a major growth-inducing factor as specialty gases, in compressed form, are used for device sterilization and for providing contamination-free air to the patients. Other factors, such as extensive research and development (R&D) activities, widespread utilization of these gases in the chemical industry, are creating a positive outlook for the market further.
Competitive Landscape With Key Players:
The competitive landscape of the specialty gases market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Advanced Gas Technologies Inc.
- Advanced Specialty Gases Inc.
- Air Products and Chemicals Inc.
- Airgas
- DowDuPont
- Honeywell International Inc.
- Kanto Denka Kogyo Co. Ltd.
- Messer Group
- Mitsui Chemicals
- Norco
- Nova Gas Technologies Inc.
- Praxair
- Showa Denko K.K.
- Taiyo Nippon Sanso Corporation
- The Linde Group
- Welsco Inc.
Key Market Segmentation:
The report has segmented the global specialty gases market on the basis of type, element, application, packaging type, sales type and region.
Breakup by Type:
- High Purity Gases
- Noble Gases
- Carbon Gases
- Halogen Gases
- Others
Breakup by Element:
- Argon
- Nitrogen
- Helium
- Carbon Monoxide
- Methane
- Oxygen
- Hydrogen
- Others
Breakup by Application:
- Manufacturing
- Electronics
- Healthcare
- Academics
- Others
Breakup by Packaging Type:
- Packaged
- Bulk and On-site
Breakup by Sales Type:
- Captive
- Merchant
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Drivers and Success Factors
- Market Trends
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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