MRO Magazine

Industrial Gases for Plastic & Rubber Industry Market – Global Forecast to 2020 – Projected to Grow From $4.89 Billion in 2015 to $6.31 Billion by 2020 – Research and Markets


February 3, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/tzzpq3/industrial_gases) has announced the addition of the “Industrial Gases for Plastic & Rubber Industry Market – Global Forecast to 2020” report to their offering.

The industrial gases for the plastic & rubber industry market size is projected to grow from $4.89 Billion in 2015 to $6.31 Billion by 2020, at a CAGR of 5.24% from 2015 to 2020.

Over the past few years, the sector is gaining a slow but steady growth globally due to technical performance and functional properties of the global industrial gases for the plastic & rubber industry.

The global industrial gases for the plastic & rubber industry has grown exponentially in the last few years and this trend is projected to continue. The market is primarily driven by factors such as improving economic conditions of countries, technological advancements, and increasing end-use applications.

Asia-Pacific is projected to be the fastest-growing market during the forecast period, due to the growing demand for these products and increasing awareness amongst end-users. In terms of gases, nitrogen is projected to be the largest market for industrial gases for the plastic & rubber industry and is projected to grow at a second highest CAGR from 2015 to 2020.

Regulatory and structural instructions are expected to be the strongest restraints for the industry. High cost of gas processing is a major challenge; the fluctuating demand patterns and advancements of alternative technologies are expected to be the burning issues for the market.

Companies Mentioned:

  • Air Liquide S.A.
  • Air Products and Chemicals, Inc.
  • Airgas Inc.
  • Messer Group
  • Novomer Inc.
  • Praxair Inc.
  • Taiyo Nippon Sanso Corp.
  • The Linde Group
  • Universal Industrial Gases, Inc.
  • Yingde Gases Group Co, Ltd.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 By Gas Type

8 By Storage & Distribution and Transportation

9 By Process

10 By End-Use

11 By Region

12 Competitive Landscape

13 Company Profiles

For more information visit http://www.researchandmarkets.com/research/tzzpq3/industrial_gases

Research and Markets
Laura Wood, Senior Manager
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Sector: Plastics