Recent Developments

Linde plc. is an Irish-domiciled multinational chemical company. In Germany as well as the United States and included in those countries, Linde shares are traded. DAX 30 and S&P 500 are the important stock market indices. After adding significant substances such as calcium oxide (lime) to increase the hardness of the raw desalinated water also identified as re-mineralization, the pH is then corrected to place that in the range needed with the regulations for drinking water or industrial process requirements. This is achieved by adding CO2. Linde’s SOLVOCARB system is utilized in Suez’s new desalination facility in Barka. It has the highest capacity of 281,000 m3 per day is the country’s biggest reverse osmosis drinking water project. SOLVOCARB has grown larger and also more efficient. It is also mainly concentrating on expanding the application spectrum. So, companies are frequently turning to CO2 and SOLVOCARB to treat water for industrial purposes.

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Market Segmentations

Market Data Forecast published a report named Food Grade Industrial Gases Market. It is valued around $7.56 billion in 2018 and estimated to be growing at a CAGR of 6.8%, to reach $10.50 billion by 2023.

Report segmented as:

Type:

Carbon Dioxide

Nitrogen

Oxygen

Application:

Freezing

Chilling

Packaging

Carbonation

Based on the type, demand for nitrogen as a food grade gas is increasing as modified atmospheric packaging (MAP) is gradually being implemented in the food processing & packing industry. On bases of application, carbonation has the largest share in the market.

Geographical Segmentation:

Based on the geography the market is analyzed under several regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. The Asia-Pacific region leads market for food-grade industrial gases, while North America is the second biggest, followed by Europe.

Key Market Players:

The Linde Group (Germany)

Tri-Gas Inc. (U.S.)

Air Liquide (France)

Air Gas (U.S)

Matheson

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Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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