Industrial gases
Industrial gases are chemicals that can be either elemental gases, chemical compounds, organic or inorganic. They are known by different names across different industries, such as; specialty gases, medical gases, fuel gases and refrigerant gases.
Nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium and acetylene are some of the more common industrial gases. Balloon helium and medical oxygen are two well-known industrial gases used by general population at large.
Oil and gas, pharmaceuticals, petrochemicals, steelmaking, water, food, fertilizers, chemicals, power, mining, metals, environmental protection, medicine, biotechnology, nuclear power, electronics and aerospace are some of the major end-user industries for industrial gases. They are also used by the medical and food industries as medical gases and processing and packaging gases for food.
The chemical and refining-related industrial processing market leads the global industrial gases market followed by metal manufacturing and fabrication industry.
Asia-Pacific has the largest market share for industrial gases, followed by North America and Europe. Demand for industrial gases in the Asia-Pacific market is expected to dominate the global market in the future due to increasing domestic consumption in the developing markets of India and China.
Increasing international and domestic trade may create a boom in the industrial sector in developing countries such as India and Brazil. Industries such as transportation, food and beverages, metal fabrication and chemical are expected to grow. This might provide growth opportunities. In addition, the increasing industrialisation of the Asia-Pacific and Middle East is expected to provide growth opportunities.
Increasing urbanisation may be a major driver for the growth of the market in developing countries, increasing demand from the utilities and process industries such as oil and gas, energy, and petroleum. Strict environment regulations however might hamper the growth.
The industrial gases market is dominated by a few major players who held more than two third of the market share in 2012. L'Air Liquide S.A dominated the global industrial gases market with more than one fifth of the market share. Other major players are; Air Products and Chemicals Inc., Linde AG, Praxair Inc., Taiyo Nippon Sanso Corp., Airgas Inc., Matheson tri-Gas Inc. and Air Gas Inc.
Featured articles and news
New Great British Energy partnership launched
Crown estate help to turbocharge energy independence.
ECA Industry Awards 2024 shortlist revealed
22 leading businesses from across the electrotechnical and engineering services sector.
Government unveils Skills England strategy
Skills England to transform opportunities and drive growth.
New Government Hub for York Given Planning Green Light
For up to 2,600 civil servants, due for completion by 2028.
Construction Skills Certification Scheme cards
July update on Professionally Qualified and Academically Qualified Person Cards.
BSRIA Briefing 2024, November 22
Sustainable Futures: Redefining Retrofit for Net Zero Living.
The CLC on driving competency in the retrofit sector
Previously published roadmap on skills for net zero.
The first labour government King's speech in fifteen years
Construction industry reactions, support and some concern.
CIOB Retrofit of Buildings Technical Information Sheet
What retrofit is, the approach to be taken and processes to be followed.
Adapting Historic Buildings for Energy and Carbon Efficiency
Historic England advice note 18, free download published.
10 retrofit projects revisited 10 years after completion.
Information orders, building liability orders and SPVs
Key BSA terms and how they impact special purpose vehicles.
Listed despite problems with its design.
Zen and the art of cycling exploration.
Design Council Homes Taskforce launched
To support government 1.5 million homes target within UK climate commitments.