Middle East and Africa Specialty Gas Market
Short Description
By Type (High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases and Others), Application (Manufacturing, Electronics, Healthcare, Academics, Analytical & Calibration, Refrigeration and Others), Ingredients (Argon, Bromine, Nitrogen, Helium, Carbon Monoxide, Xenon, Methane, Krypton, Oxygen, Neon, Hydrogen and Others), Country (United Arab Emirates, Saudi Arabia, Israel, Egypt, South Africa and Rest of Middle East and Africa)
Market Definition
Specialty gases are high purity gases which has the purity level lesser than or equal to 99.99999%. They are used in the industries like manufacturing, electronics, healthcare, academics, and analytical. Most of the specialty gases have their classifications as the high purity gases, noble gases, carbon gases, halogen gases.
The growth of electronics industry is leading to the high usage of specialty gases which will boost the global specialty gas market. Some specialty gases such as helium, hydrogen and other high purity gases are in more demand than ever before. Growing usage of specialty gases in Photovoltaics for energy and other usage will boost the global specialty gases market. Some specialty gases such as Tetrafluoromethane (CF4), Nitrous Oxide (N20), Nitrogen (N2), Oxygen (O2), Argon (Ar) are used in the c-Si processes.
Thus, growth of electronics industry is leading to the high usage of specialty gases is considered as the major driver for the market growth, during the forecast period of 2019-2026.
Market Segmentation
Middle East and Africa specialty gas market is segmented into three segments such as type, applications and ingredients.
On the basis of type, the market is segmented into five notable segments high purity gases, noble gases, carbon gases, halogen gases and others.
On the basis of application, the market is segmented into seven notable segments manufacturing, electronics, healthcare, academics, analytical & calibration, refrigeration and others.
On the basis of ingredients, the market is segmented into twelve notable segments argon, bromine, nitrogen, helium, carbon monoxide, xenon, methane, krypton, oxygen, neon, hydrogen and others.
Market Players
Some of the major players operating in this market are
• The Linde Group
• Air Liquide
• Southern Industrial Gas Sdn Bhd
• Air Products and Chemicals Inc.
• Praxair Technology, Inc.
• Showa Denko K.K.
• Messer Group Gmbh
• Mitsui Chemicals Inc.
• TAIYO NIPPON SANSO CORPORATION.
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Middle East & Africa specialty gas market is expected to reach at a CAGR of 4.5% in the forecast period 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026. Market Segmentation By Type (HighPurity Gases, Noble Gases, Carbon Gases, Halogen Gases and Others), Application (Manufacturing, Electronics, Healthcare, Academics, Analytical & Calibration, Refrigeration and Others), Ingredients (Argon, Bromine, Nitrogen, Helium, Carbon Monoxide, Xenon, Methane, Krypton Oxygen, Neon, Hydrogen and Others), Country (United Arab Emirates, Saudi Arabia, Israel, Egypt, South Africa and Rest of Middle East and Africa) Major growing sectors under the market segmentation are as follows: • Based on type, high purity gas is expected to record the fastest growth during the forecast period of 2019-2026, witnessing highest CAGR among all. This is majorly due to the heavy demand from various applications such as research and calibrations, which requires heavy purity level for the specialty gases. • Based on application, electronics segment is expected to record the fastest growth during the forecast period of 2019-2026, witnessing highest CAGR among all. This is majorly due to the steadily growing electronic industry worldwide, and high penetration of specialty gases into the electronics application. • Based on Ingredient, argon is expected to record the fastest growth during the forecast period of 2019-2026, witnessing highest CAGR among all. This is majorly due to the wide applicability of Argon and low price as compared to the other high cost specialty gasses such as bromine Key Market Players The key market players for Middle East and Africa specialty gas market are listed below: • The Linde Group • Air Liquide • Southern Industrial Gas Sdn Bhd • Air Products and Chemicals Inc. • Praxair Technology, Inc. • Showa Denko K.K. • Messer Group Gmbh • Mitsui Chemicals, Inc. • TAIYO NIPPON SANSO CORPORATION
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