- The key vendors in the Global Specialty Gas Market 2015-2019 are 3M Co., Advanced Gas Technologies Inc., Advanced Specialty Gases Inc., Airgas Inc. and Air Products and Chemicals Inc.
London, 18 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Specialty Gas Market 2015-2019. One of the major trends observed in the market is the growing awareness among end-users about the benefits of various specialty gases. Usage of specialty gases during the manufacture of products helps to reduce the overall cost of end-products, which is encouraging investments in these projects. The Global Specialty Gas market is expected to post a CAGR of 9.4 percent during 2014-2019.
The Global Specialty Gas market is experiencing huge demand from both developed countries and developing countries, especially from the APAC region. The US, China, and Japan are some of the key leading countries in the market and play a major role in revenue generation of the market. The market has huge potential in European countries, primarily because of the increased investments in the Healthcare and Manufacturing industries.
“Several vendors are attempting to capture a majority of the market share through a low-price strategy as price is a major determining factor for many end-users,” says Faisal Ghaus, Vice President of TechNavio Research.
“Many vendors reduce their product prices to capture the demand from cost-driven companies and small and medium enterprises.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
