L’Air Liquide Emerges As The Largest Company In The Industrial Gases Market, Says TBRC’s Report (Companies Included: L’Air Liquide S.A, The Linde Group, Praxair Inc., Air Products and Chemicals Inc., Taiyo Nippon Sanso Corp)

Industrial Gases Industry Analysis Industrial gases are also referred to as bulk gases or commodity gases; they are produced in large quantities by companies for use in a variety...

Industrial Gases Industry Analysis

Industrial gases are also referred to as bulk gases or commodity gases; they are produced in large quantities by companies for use in a variety of industrial manufacturing processes. The industrial gas industry comprises establishments primarily engaged in manufacturing industrial organic and inorganic gases in compressed, liquid, and solid forms.

Order report at

https://www.thebusinessresearchcompany.com/report/industrial-gas-global-market-opportunities-and-strategies-to-2021

Industrial Gas Market Size

The global industrial gas market grew to approximately $70 billion in 2017 at a compound annual growth rate (CAGR) of over 2%. This growth can be attributed to factors such as emerging markets growth, technology development, and increasing applications of industrial gas in healthcare. By 2021 this market is expected to grow at a CAGR of 4.5%.

L’Air Liquide S.A was the largest competitor with around 25% of the industrial gas market share, followed by The Linde Group with around 22%, Praxair Inc. with 15%, Air Products and Chemicals Inc. with 9%, and Taiyo Nippon Sanso Corp. with 5% (exact figures are mentioned in report).

L’Air Liquide’s Gas & Services division, involved in industrial gas production, generated revenues of around $17 billion for the financial year 2017. The Gas & Services division provides industrial and specialty gases, application, technologies, welding, healthcare specialty ingredients, safety equipment, and related services to industrial, healthcare and electronic companies.

Download sample report at

https://www.thebusinessresearchcompany.com/sample.aspx?id=798&type=smp

Companies included In the report are L’Air Liquide S.A, The Linde Group, Praxair Inc., Air Products and Chemicals Inc. and Taiyo Nippon Sanso Corp.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: [email protected]

Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company

Categories
Business
No Comment

Leave a Reply

*

*