"Specialty Gas Market by Types (High Purity, Noble, Carbon, Halogen, and Others), by Applications (Manufacturing, Electronics, Healthcare, Academics, and Others) & Geography - Global Trends and Forecast to 2018",is the report[173 pages] in which global industry is expected to grow up to $23,162.1 million by 2018, signifying firm annualized growth rate of 6.1% from 2013 to 2018.
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Currently, North America is the largest market, acquiring more than 32.4% of the global specialty gas market. The region has huge installed plant capacities of specialty gases. This global market is emerging in various countries like China, India, South Korea, Brazil, etc. due to increasing industrial activity. Also, fast growing healthcare industry in Asia-Pacific is expected to drive the market in future.
Due to rise in end-use industry growth and increase in new applications, the use of specialty gases in various industries is becoming popular. Moreover, increased demand for photovoltaic products and plasma display panels in U.S. has provided a boost to the industry. Manufacturing and electronics industry is flourishing at a fast pace in emerging economies such as: Asia-Pacific, ultimately driving demand in these regions.
Key market participants include Praxair Incorporated (U.S.), Air Products and Chemicals (U.S.), Messer Group GmbH (Germany) etc. are profiled with their recent developments and other strategic industry activities.
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