Global High Purity Gas Market is Predicted to Grow at Approximately 5.00% by 2032
High Purity Gas Market to Grow at Approximately 5.00% by 2032
Pune, India, May 8, 2017 /MRFR Press Release/- Market research future published a half-cooked research report on the Global High purity gas market. The high purity gas market is expected to grow over the CAGR of around 5.00% during the period 2023 to 2032.
High Purity Gas 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. Rapid urbanization, growth in infrastructural activities, and increasing industrialization across the globe is leading to an increase in the need for high-purity gases.
Drivers
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 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
Global High purity gas market Size, By Application
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
Key Players
The key players of high purity gas market are 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) and Iwatani Corporation (Japan) among others.
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