MRO Magazine

Global Gas Equipment Market Worth USD 72.22 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: Air Liquide, Itron, Linde – Research and Markets


May 6, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Gas Equipment Market by Industrial Gas, Type and Process – Forecast to 2021” report to their offering.

The global industrial gas handling equipment market size will grow from USD 51.93 billion in 2016 to reach USD 72.22 billion by 2021, at a projected CAGR of 6.82%. Increasing demand for industrial gases for diverse applications in metal fabrication, chemical, healthcare & medical, and oil & gas sectors is encouraging the growth of the industrial gas handling equipment market.

Industrial gas handling equipment market, on the basis of equipment category, consists of gas delivery systems, gas regulators, flow devices, purifiers & filters, gas generating systems, gas detection systems, cryogenic products, and accessories. The gas delivery systems segment had the largest demand in 2015 and is expected to hold the leading position through the forecast period. However, cryogenic products segment is projected to be the fastest-growing market from 2016 to 2021.

On the basis of gas, the market has been categorized into atmospheric gases, hydrogen, acetylene, helium, and other gases which include carbon monoxide, krypton, neon, xenon, and nitrous oxide. The atmospheric gases segment recorded the largest consumption of industrial gas handling equipment in 2015 due to the huge demand for this type of gases in the industrial applications. Hydrogen and acetylene gas have high potential as the demand for these gases is growing rapidly in the chemical, food processing, and metallurgical industries.

Companies Mentioned:

  • Air Liquide S.A.
  • Air Products and Chemicals, Inc.
  • Colfax Corporation
  • GCE Holding AB
  • Itron, Inc.
  • Iwatani Corporation
  • Linde Ag
  • Matheson Tri-Gas Inc.
  • Messer Group GmbH
  • Praxair, Inc.

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industrial Gas Handling Equipment Market, By Equipment Category

7 Industrial Gas Handling Equipment Market, By Gas

8 Industrial Gas Handling Equipment Market, By Process

9 Industrial Gas Handling Equipment Market, By End-Use Sector

10 Industrial Gas Handling Equipment Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

For more information visit http://www.researchandmarkets.com/research/88v6d2/gas_equipment

Research and Markets
Laura Wood, Senior Manager
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