Posts

North America dominated the industrial gas equipment market

Image
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...

APAC is expected to be the largest market for Specialties of Lube Oil Refinery

Image
The specialties of lube oil refinery market has been studied for APAC, North America, Europe, South America, and the Middle East & Africa. The APAC specialties of lube oil refinery market is projected to register the highest CAGR, in terms of value, during the forecast period. The global specialties of lube oil refinery market has witnessed a sluggish growth, owing to the slow growth in North America and Europe. This created huge opportunities for the consumption of specialties of lube oil refinery in APAC. Change in lifestyle and purchasing power parity of the consumers in this region is also driving the use of specialties of lube oil refinery in the cosmetics, pharmaceutical, and packaging industries. The  specialties of lube oil refinery market  is expected to grow from USD 10.4 billion in 2018 to USD 11.3 billion by 2023, at a CAGR of 1.8%. The growth of the specialties of lube oil refinery market is attributed to the growing packaging, pharmaceutical, and cosmet...

Specialties of Lube Oil Refinery Market- Current Trends and Future Aspect Analysis 2023

Image
Specialties of lube oil refinery are the derivatives of lube oil refining consisting of a mixture of hydrocarbon molecules.  Paraffin wax, microcrystalline wax, slack wax, anti-ozone wax, and process oils are the products obtained in the process of lube oil distillation.  The global  specialties of lube oil refinery market  size are estimated to grow from USD 10.4 billion in 2018 to USD 11.3 billion by 2023, at a CAGR of 1.8%. The high demand for specialties of lube oil refinery from the packaging, pharmaceutical, and cosmetics industries is driving the market. However, regulations to limit the use of petroleum-derived products in cosmetics manufacturing and increasing demand for synthetic and bio-based waxes are major challenges in the specialties of lube oil refinery market. Request for sample report @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=172747167 The specialties of lube oil refinery market have been segmented on the basis of typ...

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

Image
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

Image
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...

Specialties of Lube Oil Refinery Market worth $11.3 billion | Global Forecast 2023

Image
The  specialties of lube oil refinery market  is projected to reach USD 11.3 billion by 2023, at a CAGR of 1.8% between 2018 and 2023. The specialties of lube oil refinery market is expected to grow from USD 10.4 billion in 2018 to USD 11.3 billion by 2023, at a CAGR of 1.8%. The growth of the specialties of lube oil refinery market is attributed to the growing packaging, pharmaceutical, and cosmetics industries.  Download the PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172747167 Recent Developments  In September 2018, Exxon Mobil announced that the new unit of its Beaumont, Texas facility has started operations. Through this expansion, the company will increase production of ultra-low sulfur fuels by about 45,000 barrels per day. In May 2018, Exxon Mobil signed an agreement with Sonatrach (Algeria) for the sale of its Augusta refinery, three fuel terminals in Augusta, Palermo, and Naples. In January 2018, Exxon Mobil signed a p...

Steel Processing Market worth $642.43 Billion by 2020

Image
The report " Steel Processing Market by Type (Carbon Steel, Alloy Steel), Shape of Steel (Long, Flat and Tubular), End User Industry (Construction, Shipping, Energy, Packaging, Consumer Appliances, Housing, Automotive), & by Region - Trends & Forecast to 2020" , defines, segments, analyses, and forecasts the steel processing market. It also identifies the driving and restraining factors for this market with the analysis of current and future trends and opportunities. Browse 235 market data tables and 53 figures spread through 256 pages and in-depth TOC on “Steel Processing Market by Type (Carbon Steel, Alloy Steel), Shape of Steel (Long, Flat and Tubular), End User Industry (Construction, Shipping, Energy, Packaging, Consumer Appliances, Housing, Automotive), & by Region - Trends & Forecast to 2020" https://www.marketsandmarkets.com/Market-Reports/steel-processing-market...