Jun 26, 2018   SOURCE: BusinessWire

Industrial Gas Storage Cabinets: World Market Analysis & Forecast 2018-2022 - ResearchAndMarkets.com

The "Global Industrial Gas Storage Cabinets Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global industrial gas storage cabinets market is expected to grow at a CAGR of 2.56% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the growing storage of gas in the form of hydrates. Industrial gases are extensively used in the process and manufacturing industries. Gas hydrating is gaining traction as it is a viable source of energy and is capable of catering to the rising energy requirements. With the increasing depletion of conventional resources, the storage of gas hydrates will also increase in the forthcoming years.

According to the report, one of the major drivers for this market is the growing demand for specialty chemicals. The growth of these chemicals is attributed to their increased demand from end-user industries including the construction, automotive, and electronics sector. Furthermore, with the increasing demand for specialty chemicals, the application of industrial gases in various industrial environments will increase, in turn, fostering the growth of the industrial gas storage cabinets market in the coming years.

Further, the report states that one of the major factors hindering the growth of this market is the rising fluctuations in oil and gas prices.

Key Vendors

  • Air Liquide
  • Air Products and Chemicals
  • DENIOS
  • Iwatani
  • Linde Group
  • Taiyo Nippon Sanso

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Customer Landscape

8. Market Segmentation by End-User

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/wzzktx/industrial_gas?w=4