Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Size study, By Product (High atmospheric gases, Noble gases, Carbon gases, Other gases, Halogen, Chlorine, Fluorine), By Manufacturing Process (Air separation unit, Hydrogen production), By Stor

Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Size study, By Product (High atmospheric gases, Noble gases, Carbon gases, Other gases, Halogen, Chlorine, Fluorine), By Manufacturing Process (Air separation unit, Hydrogen production), By Storage & Distribution and Transportation (Cylinder & packaged gas distribution, Merchant liquid distribution, Tonnage distribution), By Function (Insulation, Illumination, Cooling), By End-Use (Metal production, Oil & gas, Chemical, Electronics, Medical & healthcare, Food & beverage, Others, Aerospace, Automotive, Laboratories, Glass, Diving), and Regional Forecasts 2022-2028Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market is valued approximately USD 29.91 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2028.

The high purity gas or ultra-high purity gas are also generally known as pure gas that is made up of individual atoms such as noble gas like neon, elemental molecules created from a single type of atoms like oxygen, or compound molecules which is made from various type of atoms like carbon dioxide. The rising demand for pure gases across various applications such as oil & gas, medical & healthcare, metal production, electronics, chemical, and food & beverage is the primary factor that may lead the market growth. In addition, the potential growth of the electronics industry, increasing industrialization, coupled with rapid urbanization is also surging the market demand across the globe. For instance, according to the Japan Electronics and Information Technology Industries Association (JEITA), the production of electronics and IT industries was accounted for 2,934.5 billion in 2018 and in 2019 the production increased to USD 3,045.8 billion. However, the increasing price of gas processing hampers the growth of the market over the forecast period of 2022-2028. Also, the exponential growth and development of the automotive industry are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growth of the electronics and chemical sector, and the rapid presence of the chief market players. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing government policies to boost semiconductor production, coupled with rapid industrialization would create lucrative growth prospects for the High Purity Gas/Ultra High Purity Gas/Pure Gas Market across the Asia-Pacific region.
Major market players included in this report are:
Praxair Inc.
Airgas Inc.
The Linde Group
Air Liquide S.A.
Air Products and Chemicals Inc.
Iwatani Corporation
Messer Group
Iceblick Ltd.
Matheson Tri-Gas Inc.
Advanced Specialty Gases Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
High Atmospheric Gases
Noble Gases
Carbon Gases
Other Gases
Halogen
Chlorine
Fluorine
By Manufacturing Process:
Air Separation Unit
Hydrogen Production
By Storage & Distribution and Transportation:
Cylinder & Packaged Gas Distribution
Merchant Liquid distribution
Tonnage Distribution
By Function:
Insulation
Illumination
Cooling
By End-Use:
Metal production
Oil & gas
Chemical
Electronics
Medical & healthcare
Food & beverage
Others
Aerospace
Automotive
Laboratories
Glass
Diving
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Praxair Inc.
Airgas Inc.
The Linde Group
Air Liquide S.A.
Air Products and Chemicals Inc.
Iwatani Corporation
Messer Group
Iceblick Ltd.
Matheson Tri-Gas Inc.
Advanced Specialty Gases Inc. Show more