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Market Analysis: Global Specialty Gas Market
Global Specialty Gas Market is projected to register a healthy CAGR of 7.1% in the forecast period of 2019 to 2026.
Competitions: Global Specialty Gas Market
The Linde Group, Air Liquide, Southern Industrial Gas Sdn Bhd, Air Products and Chemicals Inc., Praxair Technology, Inc., Showa Denko K.K., Messer Group Gmbh, Mitsui Chemicals Inc., TAIYO NIPPON SANSO CORPORATION.
Key Development : Global Specialty Gas Market
In 2010, Afrox launched HiQ 60, a world-class range of specialty gas product. It contains pure gases and non-reactive gas mixture. It is used for calibration purposes, and has an accuracy of instrument measurement and longer term usability of gas.
In 2018, Linde group launched a next generation environmentally friendly cylinder for specialty calibration gases called ECOCYL OSQ.
Business Expansion: Global Specialty Gas Market
In November, Praxair signed a long term hydrogen supply agreement with Phillips 66 Sweeny Refinery for supplying pure hydrogen to one of the Sweeny Refinery in Texas in early 2021. This would basically increase the hydrogen capacity to more than 1.5 billion cubic feet per day in Praxair’s Gulf Coast
In March, Coregas had partnered with Hyundai for the making of hydrogen-powered cars and bringing them in the market. Coregas supplies compressed hydrogen gas of high purity to their refusing station..
In January, Coregas announced its partnership with Brad Jones Racing as their new gas supplier until 2020. BJR being the only V8 supercar team in the area provides a strategical advantage to Coregas.
In December, Air Products announced that they sign an industrial gas equipment agreement with N.V. Nederlandse Gasunie which will help in the matter of national energy importance for Netherland. Air Products will supply Gasunie three generation plants to produce the nitrogen.
In September, Air Products announced they will sign cooperation and equipment supply agreements with the Beijing Sinoscience Fullcryo Technology Co., Ltd. (Fullcryo) to support the hydrogen infrastructure and support the china’s first hydrogen based fulling station.
In February, Air Products announced they will sign an agreement to purchase of ACP Europe SA (ACP) which is the largest independent carbon dioxide business in continental Europe. The transaction will expand the company’s CO2 capabilities in different areas of Europe.
Table Of Content: Global Specialty Gas Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Specialty Gas Market Landscape
Part 04: Global Specialty Gas Market Sizing
Part 05: Global Specialty Gas Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More…..Get Detailed TOC: https://databridgemarketresearch.com/toc/?dbmr=global-specialty-gas-market
Segmentation: Global Specialty Gas Market
Global specialty gas market is segmented into three segments such as type, applications and ingredients.
On the basis of type, the market is segmented into five notable segments; high purity gases, noble gases, carbon gases, halogen gases and others.
o In October 2018, The Linde Group launched high quality electronic materials SPECTRA EM at SEMICON Taiwan along with this, company will continue the investment of electronics specialty gases, bulk gases production in Taiwan to meet the demands
On the basis of applications, the market is segmented into seven notable segments; manufacturing, electronics, healthcare, academics, analytical & calibration, refrigeration and others.
o In May 2018 Showa Denko K.K. announced the supply of Low-carbon Hydrogen that was made from used plastics to hotel’s fuel cell at its KAWASAKI plant which was opened on June 1. This helped the company to covert low-carbon hydrogen into electricity through large fuel cells.
On the basis of ingredients, the market is segmented into twelve notable segments; argon, bromine, nitrogen, helium, carbon monoxide, xenon, methane, krypton, oxygen, neon, hydrogen and others.
o In October, Messer group has announced that they will supply liquid nitrogen to the A. Späni AG in Raron which is specialist in uncut metalworking. Späni has already procures the forming gas, welding argon, oxygen and nitrogen from Messer.
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Drivers: Global Specialty Gas Market
Improved demand for photovoltaic products and plasma display panels
Rising healthcare sector demand
Growing end-user industry growth
Structural and regulatory restrictions
Competitive Analysis: Global Specialty Gas Market
The global specialty gas market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of specialty gas market for global, Europe, North America, Asia pacific and South America.
Research Methodology: Global Specialty Gas Market
Primary Respondents: Key industry participants, subject-matter experts (SMEs), C-level executives of key market players, Market Intelligence Managers, National Sales Managers and industry consultants.
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