The Business Research Company published its Industrial Gas Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Industrial Gas market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus. The report covers the industrial gas market’s segments- by type: nitrogen, oxygen, carbon dioxide, hydrogen, others - industrial gas, by end-user industry: chemicals, metallurgy, manufacturing, food & beverage, healthcare, others, by mode of supply: bulk, packaging, pipe line, and by packaging: cylinders, bottles, canisters, cartridges, cryogenic tanks/vessels, others.
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Industrial Gas Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global industrial gas market is expected to decline from $101.8 billion in 2019 to $100.9 billion in 2020 at a compound annual growth rate (CAGR) of -0.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $100.1 billion in 2023.
The food and beverage industry is increasingly utilizing food-grade industrial gases to keep food products safe and fresh. Food grade gases are high purity gases complying with food grade standards. Food grade industrial gases include nitrogen, oxygen, and carbon dioxide which are used to chill, freeze and package a variety of food products such as dairy and frozen products, beverages, fruits and vegetables, meat, fish, seafood, convenience food, bakery and confectionery. The demand of health-conscious consumers for fewer additives, safer and fresher food products also increases the demand for industrial gases, which can sometimes be used in place of chemical ingredients.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Industrial Gas Market Characteristics
4. Industrial Gas Market Product Analysis
5. Industrial Gas Market Supply Chain
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19. Industrial Gas Market Competitive Landscape
20. Key Mergers And Acquisitions In The Industrial Gas Market
21. Market Background: Chemicals Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Industrial Gas Market, 2019, By Region, Value ($ Billion)
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Table 177: Global Industrial Gas Market In 2023- Growth Countries
Table 178: Global Industrial Gas Market In 2023- Growth Segments
Table 179: Global Industrial Gas Market In 2023- Growth Strategies
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