Specialty gases represent rare or ultra-high purity gases and it includes all the minor gases which are used in specialized applications. Different types of specialty gases such as high purity gases, noble gases, carbon gases, halogen gases, and other specialty gases have unique properties and thus benefit many industries, including analytical, pharmaceutical, electronics, petrochemical, etc., ultimately helping them to lower costs, improve yields, and optimize performance. The specialty gas market is experiencing strong market growth; much of this growth is due to a strong demand in its key applications like manufacturing (lighting, laser, chemicals, etc.), electronics (semiconductor devices, flat panel display, etc.), healthcare, academics (analytical and calibration instruments), and also automotive industry.
The global market for specialty gas has grown significantly during the past few years mainly driven by growing demand in the Asia-Pacific region. The specialty gas market is expected to grow significantly in future boosted by growing healthcare sector and increased demand for photovoltaic cells & plasma display panels. Structural and regulatory restrictions may act as a barrier for the future growth of specialty gas industry but innovation and technological developments in the manufacture of specialty gases is expected to fade the effect of the restrictions.
Present market consumption, industry acceptance trend, internal competition and other market issues for specialty gases like high purity gases, noble gases, carbon gases, and halogen gases; and for key consuming industries like manufacturing, electronics, healthcare, and academics have been discussed in detail in the report.
This market research study provides detailed qualitative and quantitative analysis of the global specialty gas market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market. Both top-down and bottom-up approaches are used for country level consumption estimations and confirmed with the trend of historic data, collected from different industry associations, magazines, company websites & annual reports. The primary sources - CEOs, directors, marketing & plant managers, selected experts from related industries and suppliers have been interviewed to obtain and verify critical information and to assess the future prospects of specialty gas market.
Key market participants include Praxair Incorporated (U.S.), Air Products and Chemicals (U.S.), Messer Group GmbH (Germany) etc. are profiled with their recent developments and other strategic industry activities.
Scope of the report:
This research report categorizes the global market for specialty gas on the basis of types, applications and geography; forecasting revenues and analyzing trends in each of the submarkets.
On the basis of types: The specialty gas market is segmented on the basis of types such as high purity, noble, carbon, halogen, and others. Each type is further described in detail in the report with revenues projected for each type.
On the basis of applications: The specialty gas market is segmented on the basis of industry applications such as manufacturing, electronics, healthcare, academics, amongst others. Each application is further described in detail in the report with revenues estimated for each application.
On the basis of geography: North America, Europe, Asia-Pacific, and ROW and key countries in every region.