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Industrial Gases Market in Europe 2017-2021

Industrial Gases Market in Europe 2017-2021

About Industrial Gases

Industrial gases are a group of elemental and chemical gases (inorganic or organic) that are used for industrial applications. These gases usually have low molecular weight. They possess diverse physical and chemical properties that are expanding their applicability in new end-uses, as well as the existing field of end-uses. The market encompasses the mode of distribution of industrial gases in Europe, including packaged, merchant, and tonnage, to end-use industries such as manufacturing, chemical processing, metallurgy, medical and healthcare, food and beverage, refining, electronics, and others.

Technavio’s analysts forecast the industrial gases market in Europe to grow at a CAGR of 6.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the industrial gases market in Europe for 2017-2021. To calculate the market size, the report considers the sales of industrial gases through the three supply modes (packaged, merchant, and tonnage) to various end-use industries. The market estimates exclude sales of gas equipment, power generation, liquefied petroleum gas, and natural gas businesses.

The market is divided into the cities based on geography:

  • Germany
  • France
  • Scandinavia
  • Spain
  • Poland, and others
Technavio's report, Industrial Gases Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Air Liquide
  • Air Products and Chemicals
  • Messer
  • The Linde Group
  • Praxair
Other prominent vendors
  • Chart Industries
  • Iwatani
  • Oknal Industrial & Medical Gases
  • SOL
  • TAIYO NIPPON SANSO
  • Westfalen Group (SERgroup Holding International)
Market driver
  • Conversion of captive production facilities to on-site manufacturing facilities
  • For a full, detailed list, view our report
Market challenge
  • Production of industrial gases is energy intensive
  • For a full, detailed list, view our report
Market trend
  • Vulnerable European refinery sector
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Industrial Gases Market in Europe 2017-2021

Technavio recognizes the following companies as the key players in the industrial gases market in Europe: Air Liquide, Air Products and Chemicals, Messer, The Linde Group, and Praxair.

Other Prominent Vendors in the market are: Chart Industries, Iwatani, Oknal Industrial & Medical Gases, SOL, TAIYO NIPPON SANSO, and Westfalen Group (SERgroup Holding International).

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is vulnerable European refinery sector. Overcapacity, underutilization, thin margins, and shifting ownerships are some of the challenges faced by European oil and gas refineries. European refineries were relatively unprofitable or marginally profitable during 2004-2008. Additionally, European refineries have a structural problem (refining overcapacity and increasing diesel imports), and the problem is further fueled by stiff competition from extremely sophisticated Middle Eastern and Asian refineries.”

According to the report, one of the major drivers for this market is conversion of captive production facilities to on-site manufacturing facilities. Rising oil prices have had a mixed impact on investments, which increased the number of projects involving ASUs. Currently, Central and Southeast European economies are anticipated to witness robust growth. The key contributing factors include favorable macroeconomic policies and strong domestic demand for industrial gases in these regions will drive economic growth.

Further, the report states that one of the major factors hindering the growth of this market is production of industrial gases is energy intensive. The operating costs (particularly variable costs) of producing industrial gases significantly go up due to high costs of energy. Energy purchases for smooth operations account for approximately 70% of the production cost for certain industrial gases. The majority of these costs can be attributed to the wholesale cost of electricity. The quality and cost of power are major issues. Additionally, the bulk of the energy to the ASU is supplied through electricity. To optimize costs, grid-connected heat pumps should be economical. This can be achieved if they are operated at high utilization factors.



Companies Mentioned

Air Liquide, Air Products and Chemicals, Messer, The Linde Group, Praxair, Chart Industries, Iwatani, Oknal Industrial & Medical Gases, SOL, TAIYO NIPPON SANSO, and Westfalen Group (SERgroup Holding International).

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Outlook
      • Table Novel applications in industrial gases market
    • Classification of gases
      • Table Classification of gases
    • Manufacturing of industrial gases
      • Table Manufacturing of industrial gases
    • Modes of production of various industrial gases
    • Mode of distribution
      • Table Supply mode: Volume and price comparison
  • Market landscape
    • Industrial gases market in Europe
      • Table Industrial gases market in Europe 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Europe 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution mode
    • Industrial gases market in Europe by distribution mode
      • Table Industrial gases market in Europe by distribution mode 2016
      • Table Industrial gases market in Europe by distribution mode 2021
    • Industrial gases market in Europe by packaged distribution mode
      • Table Industrial gases market in Europe by packaged distribution mode 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Europe by packaged distribution mode 2016-2021
    • Industrial gases market in Europe by merchant distribution mode
      • Table Industrial gases market in Europe by merchant distribution mode 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Europe by merchant distribution mode 2016-2021
    • Industrial gases market in Europe by tonnage distribution mode
      • Table Industrial gases market in Europe by tonnage distribution mode 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Europe by tonnage distribution mode 2016-2021
  • Market segmentation by end-use
    • Industrial gases market in Europe by end-use
      • Table Industrial gases market in Europe by end-use 2016
      • Table Industrial gases market in Europe by end-use 2021
    • Industrial gases market in Europe for manufacturing sector
      • Table Industrial gases market in Europe for manufacturing sector 2016 and 2021 ($ billions)
      • Table Applications of industrial gases in manufacturing sector
      • Table Market forecast: Industrial gases market in Europe for manufacturing sector 2016-2021
    • Industrial gases market in Europe for chemical processing sector
      • Table Industrial gases market in Europe for chemical processing sector 2016 and 2021 ($ billions)
      • Table Applications of industrial gases in chemical processing sector
      • Table Market forecast: Industrial gases market in Europe for chemical processing sector 2016-2021
    • Industrial gases market in Europe for metallurgy sector
      • Table Industrial gases market in Europe for metallurgy sector 2016 and 2021 ($ billions)
      • Table Applications of industrial gases in metallurgy sector
      • Table Market forecast: Industrial gases market in Europe for metallurgy sector 2016-2021
    • Industrial gases market in Europe for medical and healthcare sector
      • Table Industrial gases market in Europe for medical and healthcare sector 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Europe for medical and healthcare sector 2016-2021
    • Industrial gases market in Europe market for food and beverage sector
      • Table Industrial gases market in Europe for food and beverage sector 2016 and 2021 ($ billions)
      • Table Applications of industrial gases in food and beverage sector
      • Table Market forecast: Industrial gases market in Europe for food and beverage sector 2016-2021
    • Industrial gases market in Europe for refining sector
      • Table Industrial gases market in Europe for refining sector 2016 and 2021 ($ billions)
      • Table Applications of industrial gases in refining sector
      • Table Market forecast: Industrial gases market in Europe for refining sector 2016-2021
    • Industrial gases market in Europe market for electronics sector
      • Table Industrial gases market in Europe for electronics sector 2016 and 2021 ($ billions)
      • Table Applications of industrial gases in electronics sector
      • Table Market forecast: Industrial gases market in Europe for electronics sector 2016-2021
    • Industrial gases market in Europe for other endues sectors
      • Table Industrial gases market in Europe for other end-use sectors 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Europe for other end-use sectors 2016-2021
  • Market segmentation by country
    • Industrial gases market in Europe by country
      • Table Industrial gases market in Europe by country 2016 and 2021
    • Industrial gases market in Germany
      • Table Industrial gases market in Germany 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Germany 2016-2021
    • Industrial gases market in France
      • Table Industrial gases market in France 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in France 2016-2021
    • Industrial gases market in Scandinavia
      • Table Industrial gases market in Scandinavia 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Scandinavia 2016-2021
    • Industrial gases market in Spain
      • Table Industrial gases market in Spain 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Spain 2016-2021
    • Industrial gases market in Poland
      • Table Industrial gases market in Poland 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in Poland 2016-2021
    • Industrial gases market in other European countries
      • Table Industrial gases market in other European countries 2016 and 2021 ($ billions)
      • Table Market forecast: Industrial gases market in other European countries 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Vulnerable European refinery sector
    • Additive manufacturing gaining popularity
      • Table Applications of industrial gases in various additive manufacturing techniques
    • Increasing use of nitrogen in oil and gas sector
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Industrial gases market in Europe: Key vendors 2016
      • Table Industrial gases market in Europe: Major vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Air Liquide
      • Table Air Liquide: Business segmentation by revenue 2016
      • Table Air Liquide: Product offering
      • Table Air Liquide: Product offerings 2016
    • Air Products and Chemicals
      • Table Air Products and Chemicals: Business segmentation by revenue 2016
      • Table Air Products and Chemicals: Geographic segmentation by revenue 2016
      • Table Air Products and Chemicals: Product offerings 2016
    • Messer
      • Table Messer: Segmentation by product group 2015
      • Table Messer: Geographic segmentation by revenue 2015
      • Table Messer: Product offerings
    • Praxair
      • Table Praxair: Segmentation by end markets 2016
      • Table Praxair: Business segmentation by revenue 2016
      • Table Praxair: Product offering 2016
    • The Linde Group
      • Table The Linde Group: Business segmentation by revenue 2016
      • Table The Linde Group: Geographic segmentation by revenue 2016
      • Table The Linde Group: Product offerings
      • Table The Linde Group: Air separation plants
      • Table The Linde Group: Product offerings by mode of supply
  • Appendix
    • List of abbreviations
  • Explore Technavio

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