Uploaded on Feb 7, 2019
The global industrial gases market is expected to witness high growth during the forecast period 2017 to 2025. Strong demand from various end-use industry is anticipated to drive the demand for the industrial gases in upcoming years. The global industrial gases market is projected to grow a CAGR of 5.9% from 2017 to 2025. By product type, industrial gases market segmentation includes oxygen; nitrogen, helium, acetylene, argon, hydrogen, carbon dioxide and others (krypton, xenon, methane, carbon monoxide, etc.); of which, in 2016, hydrogen gas segment dominated the market in terms of revenue contribution and is further expected to remain dominant during the forecast period of 2017 to 2025. Currently, growing demand for industrial gases in energy and oil & gas is fueling the demand for industrial gases
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