Specialty Gases Market Size, Demand, COVID-19 Impact and Industry Scope by 2025

According to IMARC Group’s latest report, titled “Specialty Gases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global specialty gases market is currently witnessing a strong growth. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% by 2025.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Specialty gases refer to a wide range of rare or highly purified industrial gases. These gases can be categorized into noble, carbon, and halogen gases. Specialty gases are used in various analytical methods, including Fourier transform infrared (FTIR), gas and liquid chromatography, and non-dispersive infrared (NDIR). As compared to standard medical and industrial gases, specialty gases offer fewer impurities during advanced instrumentation, analytical measurement and production processes. Consequently, these gases are extensively used in various industries, including chemical and healthcare.

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Steadily increasing industrialization, especially in the developing economies, represents one of the primary factors driving the specialty gases market growth. In line with this, significant growth in the healthcare industry is acting as a major growth-inducing factor as specialty gases, in compressed form, are used for device sterilization and for providing contamination-free air to the patients. Other factors, such as extensive research and development (R&D) activities, widespread utilization of these gases in the chemical industry, are creating a positive outlook for the market further.

Competitive Landscape With Key Players:

The competitive landscape of the specialty gases market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:                                                    

  • Advanced Gas Technologies Inc.
  • Advanced Specialty Gases Inc.
  • Air Products and Chemicals Inc.
  • Airgas
  • DowDuPont
  • Honeywell International Inc.
  • Kanto Denka Kogyo Co. Ltd.
  • Messer Group
  • Mitsui Chemicals
  • Norco
  • Nova Gas Technologies Inc.
  • Praxair
  • Showa Denko K.K.
  • Taiyo Nippon Sanso Corporation
  • The Linde Group
  • Welsco Inc.

Key Market Segmentation:

The report has segmented the global specialty gases market on the basis of type, element, application, packaging type, sales type and region.

Breakup by Type:

  • High Purity Gases
  • Noble Gases
  • Carbon Gases
  • Halogen Gases
  • Others

Breakup by Element:

  • Argon
  • Nitrogen
  • Helium
  • Carbon Monoxide
  • Methane
  • Oxygen
  • Hydrogen
  • Others

Breakup by Application:

  • Manufacturing
  • Electronics
  • Healthcare
  • Academics
  • Others

Breakup by Packaging Type:

  • Packaged
  • Bulk and On-site

Breakup by Sales Type:

  • Captive
  • Merchant

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/specialty-gases-market

Key highlights of the report:                                                         

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Drivers and Success Factors
  • Market Trends
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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