Global Specialty Gas Market, By Type (High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases, O

Published Date: | Report Code : MT1958328

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The industrial gases that are purified to the maximum are specialty gases. Their purity is almost 99.999%. As they are used for only certain specific purposes in industries they are known as specialty gases. The common specialty gases have very specific uses in instruments that use gases or support such as chromatographs, detectors, spectrometers, etc. in many industries.

The specialty gas market is segmented into type, ingredients, and application.

Based on the type, it is segmented into High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases, and Others. the high purity gases include Nitrogen, and Oxygen, while the Noble gases comprise of Helium, Argon, Xenon, and Krypton, whereas the Carbon Gases type consists of Carbon Dioxide, Carbon Monoxide, Methane, and Halogen gases include Fluorine and Chlorine. On the basis of the ingredients, it is divided as Argon, Bromine, Nitrogen, Helium, Carbon Monoxide, Xenon, Methane, Krypton, Oxygen, Neon, Hydrogen, and Others. By the application, this market is segmented as Manufacturing, Electronics, Healthcare, Academics, Analytical & Calibration, Refrigeration, and Others. The increasing use of electronics is boosting the market share for this application. In energy, photovoltaics, and others also require specialty gases for their functioning.

North America region has a leading share in the market for specialty gases. This is due to the major companies having their manufacturing units set up in this region. Also, the end-user industries have been growing at a fast pace in this region boosting the growth of the market.

Key Factors Impacting Market Growth:

  • Increased utilization in industries
  • Growth of the electronics sector

Key Developments:

  • In October 2018, The Linde Group (Ireland) had launched a high quality electronic material called SPECTRA EM at Semicon Taiwan, to facilitate the investment of specialty gases in electronics in Taiwan

Regional Analysis

The regional outlook section for the specialty gas market provides the region-wise market projections along with related market dynamics. In addition, this section provides further information about segments in the market on a regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe have been traditional markets with a sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this region include automotive, heavy engineering, building & construction, aerospace & defense, mining, and so on. These industries are expected to register steady growth in North America and Western Europe region during the forecast period. Asia Pacific region is estimated to register the highest CAGRwith strong industrial and infrastructural growth. Some of the major economies, in the region, include China, India, South Korea, Japan, Australia, and so on. In addition, favorable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. The Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with the growth of the industrial sector in the region. The rest of the World consisting of South America and Africa are estimated to be emerging regions for the specialty gas  market during the forecast period.

Companies Covered: The Linde Group, Air Liquide, Praxair Technology, Inc., Showa Denko K.K., Air Products And Chemicals Inc., Messer Group Gmbh, Mitsui Chemicals Inc., and Taiyo Nippon Sanso Corporation.

Market Segmentation:

By Type:

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

 By Ingredients:

  • Argon
  • Bromine
  • Nitrogen
  • Helium
  • Carbon Monoxide
  • Xenon
  • Methane
  • Krypton
  • Oxygen
  • Neon
  • Hydrogen
  • Others

 By Application:

  • Manufacturing
  • Electronics
  • Healthcare
  • Academics
  • Analytical & Calibration
  • Refrigeration
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Ingredients
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Ingredients
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Ingredients
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Ingredients
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Ingredients
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Ingredients
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global Specialty Gas Market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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