Technavio has been monitoring the specialty gases market and it is poised to grow by USD 4.28 billion during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Specialty Gases Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
- At what CAGR is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of almost 7%, the market growth will accelerate during the forecast period of 2020-2024.
- What is the key factor driving the market?
- Boom in the pharmaceutical and healthcare sectors is one of the key factors driving market growth.
- Who are the top players in the market?
- Advanced Specialty Gases Inc., Air Products and Chemicals Inc., Iwatani Corp., L Air Liquide SA, Linde AG, Mitsui Chemicals Inc., Praxair Inc., SHOWA DENKO K.K., Taiyo Nippon Sanso Corp., and Weldstar. are some of the major market participants.
- Which region is expected to hold the highest market share in the market?
- North America
- What is the major trend of the market?
- High dependency on high-purity gases in LED manufacturing sector is a major growth factor for the market.
- What is the year-over-year growth rate of the global market?
- The year-over year growth rate for 2020 is estimated at 6.26%.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Advanced Specialty Gases Inc., Air Products and Chemicals Inc., Iwatani Corp., L Air Liquide SA, Linde AG, Mitsui Chemicals Inc., Praxair Inc., SHOWA DENKO K.K., Taiyo Nippon Sanso Corp., and Weldstar are some of the major market participants. The boom in the pharmaceutical and healthcare sectors will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in fast-growing segments, while maintaining their position in the slow-growing segments.
Specialty Gases Market 2020-2024: Segmentation
Specialty Gases Market is segmented as below:
- Type
- Carbon-based Gases
- Noble Gases
- Halogen-based Gases
- Atmospheric Gases
- Others
- Geography
- North America
- APAC
- Europe
- MEA
- South America
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Specialty Gases Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our specialty gases market report covers the following areas:
- Specialty Gases Market size
- Specialty Gases Market trends
- Specialty Gases Market analysis
This study identifies high dependency on high-purity gases in LED manufacturing sector as one of the prime reasons driving the specialty gases market growth during the next few years.
Specialty Gases Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the specialty gases market, including some of the vendors such as Advanced Specialty Gases Inc., Air Products and Chemicals Inc., Iwatani Corp., L Air Liquide SA, Linde AG, Mitsui Chemicals Inc., Praxair Inc., SHOWA DENKO K.K., Taiyo Nippon Sanso Corp., and Weldstar. Backed with competitive intelligence and benchmarking, our research reports on the specialty gases market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Specialty Gases Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist specialty gases market growth during the next five years
- Estimation of the specialty gases market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the specialty gases market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of specialty gases market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Carbon-based gases Market size and forecast 2019-2024
- Noble gases Market size and forecast 2019-2024
- Halogen-based gases Market size and forecast 2019-2024
- Atmospheric gases Market size and forecast 2019-2024
- Others Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2019-2024
- APAC Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver- Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Advanced Specialty Gases Inc.
- Air Products and Chemicals Inc.
- Iwatani Corp.
- L Air Liquide SA
- Linde AG
- Mitsui Chemicals Inc.
- Praxair Inc.
- SHOWA DENKO K.K.
- Taiyo Nippon Sanso Corp.
- Weldstar
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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