
Oxygen & Hydrogen Gas Manufacturing in the US - Industry Market Research Report
Description
Oxygen & Hydrogen Gas Manufacturing in the US
Revenue has been volatile due to fluctuating commodity prices and changes in downstream industrial activity. Despite economic activity halting amid the COVID-19 pandemic, the industry has experienced revenue growth because of sustained product demand, especially from the healthcare sector. Also, a boost in demand for industrial gases to meet rising energy needs has assisted in industry growth. Industry-wide revenue has been increasing at a CAGR of 8.8% over the past five years, reaching an estimated $16.2 billion in 2023, despite a projected 3.5% slump in 2023.
This industry manufactures various forms of organic and inorganic industrial gases, including compressed, liquid and solid (i.e., dry ice). Examples of industrial gases include oxygen, hydrogen, helium, nitrogen and carbon dioxide supplied to various customers, including industrial and medical users. Key inputs for the industry include electricity and natural gas.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Revenue has been volatile due to fluctuating commodity prices and changes in downstream industrial activity. Despite economic activity halting amid the COVID-19 pandemic, the industry has experienced revenue growth because of sustained product demand, especially from the healthcare sector. Also, a boost in demand for industrial gases to meet rising energy needs has assisted in industry growth. Industry-wide revenue has been increasing at a CAGR of 8.8% over the past five years, reaching an estimated $16.2 billion in 2023, despite a projected 3.5% slump in 2023.
This industry manufactures various forms of organic and inorganic industrial gases, including compressed, liquid and solid (i.e., dry ice). Examples of industrial gases include oxygen, hydrogen, helium, nitrogen and carbon dioxide supplied to various customers, including industrial and medical users. Key inputs for the industry include electricity and natural gas.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
52 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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