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Showing posts with the label Gas Equipment Market

North America dominated the industrial gas equipment market

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North America held the largest share in the industrial gas handling equipment market and is projected to dominate the market during the forecast period. The U.S. is projected to be the fastest-growing country level market for industrial gas handling equipment, during the forecast period, whereas the market for Asia-Pacific is projected to grow at the highest CAGR. Factors such as growth of the metal fabrication industry due to the increasing demand for automobiles and consumer appliances, development of new technologies and machineries in the healthcare & medical sector, rapid industrialization in the emerging Asia-Pacific region, and stringent government regulations regarding worker and environmental safety are driving the industrial gas handling equipment market. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68487468 The  gas equipment market  size will grow from USD 51.93 Billion in 2016 to reach USD 72.22 Billion by 2021...

Use of cryogenic products is projected to increase at the fastest pace in the Gas Equipment Market

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The cryogenic products segment is projected to be the fastest-growing equipment category in the next five years. Due to the increasing use of super cooled liquefied gases in the chemical sector and other industrial activities, the demand for cryogenic products such as pressure vessels, cryogenic storages, and cold traps for the purpose of transporting and storing has also increased and it is expected to witness the same trend through 2021. This segment is projected to grow at the highest CAGR during the forecast period and acquire the largest market share. The  industrial gas handling equipment market  size is projected to grow from USD 51.93 Billion in 2016 to USD 72.22 Billion by 2021, at a CAGR of 6.82%. Download the PDF Brochure to know more @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68487468 The industrial gas handling equipment market is projected to witness significant growth in the future with the increasing use of industrial gases in met...

The Growth of the Industrial Gas Handling Equipment Market was Largely Influenced by new Product Launches and Acquisitions in the past five years

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MarketsandMarkets projects the global industrial gas handling equipment market to grow from USD 51.93 Billion in 2016 to USD 72.22 Billion by 2021, at a CAGR of 6.82% from 2016 to 2021. As the application of industrial gas handling equipment in metal fabrication, chemical, and healthcare & medical industries is growing day by day, the market for industrial gas handling equipment is also growing. Industrial gas handling equipment is used in processes such as industrial gas generation, storage, gas detection, and transportation of industrial gases. Strict regulations by the government have also impacted the growth of the industrial gas handling equipment market. Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68487468 The key players in the industrial gas handling equipment market are Linde AG (Germany), Air Liquide S.A (France), Praxair Inc. (U.S.), Air Products And Chemicals, Inc. (U.S.), and Iwatani Corporation (Japan). The other players...