Lewes, DE -- (SBWIRE) -- 07/25/2018 -- Industrial Gases market will register a 1.7% CAGR in terms of revenue, reach US$ 66600 million by 2023, from US$ 60200 million in 2017.

Industrial gas is a generic term for gases (liquefied gases) used widely in all industries for raw materials and intermediate materials in the manufacturing industry, or for quality improvement, energy saving and the safety in manufacturing processes. This does not include city gas (coal gas for domestic use) and LP gas that are mainly used for household energy. Medical gases used in hospitals are included among industrial gases.

Industrial gases are used in a variety of purity grades and for a wide range of purposes, including food gases and medical gases. Industrial gases can make production processes safer and more cost-effective and improve product quality. They often contribute to environmental protection. Some processes and applications would even be inconceivable without the chemical properties of gases.

Typical user sectors include the automotive industry, the steel industry, environmental engineering, food and beverages, construction, metallurgy, glass and ceramics, medicine and pharmaceuticals, the chemical industry, and research and development.

The global industrial gases market is highly concentrated as it is mainly dominated by four giants, Linde Group, Air Liquide, Praxair, Air Products and Chemicals. However, there is news revealing that Praxair is negotiating with Linde about the merger. Once the merger is implemented, the market will become more and more concentrated.

Over the next five years,study projects that Industrial Gases will register a 1.7% CAGR in terms of revenue, reach US$ 66600 million by 2023, from US$ 60200 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Linde Group
Air Liquide
Praxair
Air Products and Chemicals
Taiyo Nippon Sanso
Air Water
Airgas
Messer
Yingde Gases

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Atmospheric Gas
Process Gas
Others

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Manufacturing
Chemical & Energy
Metals
Healthcare
Electronics
Food & Beverage
Others

Spanning over 125 pages "Forecast of Global Industrial Gases Market 2023" report covers Industrial Gases Market Overview, Global Industrial Gases Sales, Revenue (Value) and Market Share by Players, Global Industrial Gases Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Industrial Gases Sales, Revenue and Price, Europe Top 5 Players Industrial Gases Sales, Revenue and Price, Asia-Pacific Top 5 Players Industrial Gases Sales, Revenue and Price, South America Top 5 Players Industrial Gases Sales, Revenue and Price, Middle East & Africa Top 5 Players Industrial Gases Sales, Revenue and Price, Global Industrial Gases Players Profiles/Analysis, Global Industrial Gases Market Forecast (2018-2023), Industrial Gases Manufacturing Cost Analysis, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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