TechNavio today launched its report, Global Industrial Gases Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Vendors in the Global Industrial Gases market are developing next-generation gases to meet the end-customers™ technology development and to improve the end-users’ operational efficiency. It helps the vendors to continue their long-term relationship with end-users. For instance, the vendors are developing and offering industrial gases with less greenhouse gas emission, which in turn helps the end-users to meet sustainability policies and regulations. Also, end-users prefer to use industrial gases with less greenhouse gas emission in order to develop environmental social responsibility and create a competitive edge over their competitors.”
According to the report, the Global Industrial Gases market is experiencing huge market potential from various developing countries such as China, India, Korea, Russia, South Africa, and Brazil. Increasing urbanization is one of the major drivers for the growth of the market in developing countries. Increasing urbanization is leading to demand for the utilities and process industries such as Oil and Gas, Energy, and Petroleum. Also, these industries are emerging in some developing countries due to the positive growth of these countries’ gross domestic product (GDP). Therefore, the increasing urbanization and growth of GDP in developing countries enhance the demand for industrial gases in developing countries.
Further, the report reveals that one of the major challenges in the market is the need to meet environmental regulations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-industrial-gases-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Industrial Gases Market 2012-2016
