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High Growth Opportunities in the High Purity Gases Market

The high purity gases market size is projected to grow from USD 20,836.6 Million in 2015, to USD 28,164.0 million by 2020, at a CAGR of 6.2% from 2015 to 2020. The high purity gases industry is increasing proportionally with the overall industrial gas industry. The development of economies plays an essential role in increasing the demand for high purity gases in the global market. High purity gases are used in industries such as electronics, metal production, chemical, and oil & gas among others for functions such as insulation, illumination, and cooling.

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High Growth Opportunities in the High Purity Gases Market

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  1. High Growth Opportunities in the High Purity Gases Market The global high purity gases market was valued at USD 19,741.7 Million in 2014, and is projected to grow at a CAGR of 6.2% from 2015 to 2020. The increasing demand in various applications such as metal production, oil & gas, chemical, electronics, medical & healthcare, and food & beverage are the major factors driving the growth of the high purity gases industry. Additionally, with rapid urbanization, growth in infrastructural activities, and increasing industrialization across the globe, there is a rapidly increasing need for high purity gases. The noble gases segment is the fastest-growing segment on the basis of product. The high purity gases industry is increasing proportionally with the overall industrial gas industry. The development of economies plays an essential role in increasing the demand for high purity gases in the global market. High purity gases are used in industries such as electronics, metal production, chemical, and oil & gas among others for functions such as insulation, illumination, and cooling. Download PDF Brochure:http://www.marketsandmarkets.com/pdfdownload.asp?id=84090606 End User: Metal production Oil & gas Chemical Electronics Medical & healthcare Food & beverage Aerospace Automotive Laboratories Glass Diving            The market has been segmented broadly on the basis of product, manufacturing process, storage & distribution and transportation, function (insulation, illumination, and cooling), end-use, and region. The market drivers, restraints, opportunities, and challenges have been discussed in detail. Request Sample:http://www.marketsandmarkets.com/requestsample.asp?id=84090606 Growing demand in the electronics and metal production sectors are the major drivers The global high purity gases market is driven by factors which include strong growth in sectors such as the electronics and metal production industries among others. High demand from chemical and automotive advancements in terms of product innovations and technologies in the market are expected to create strong investment opportunities. Regulatory and structural instructions are expected to be the strongest restraints for the industry. High cost of gas processing is the major challenge, whereas fluctuating demand patterns and advancements of alternative technologies are projected to be the burning issues for the market. Key Players: The major players include Praxair Inc. (U.S.), Airgas Inc. (U.S.), The Linde Group (Germany), Air Liquide S.A. (France), and Air Products and Chemicals Inc. (U.S.). Other players in this market include

  2. Iwatani Corporation (Japan), Messer Group (Germany), Iceblick Ltd. (Ukraine), Matheson Tri-Gas Inc. (U.S.), and Advanced Specialty Gases Inc. (U.S.). Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=84090606 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com

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