Jan 27, 2021   SOURCE: BusinessWire

Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Report 2020: Carbon Gases Segment Corners a 20.9% Share in 2020 - Forecast to 2027 - ResearchAndMarkets.com

The "High Purity Gas/Ultra High Purity Gas/Pure Gas - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market to Reach US$35.7 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for High Purity Gas/Ultra High Purity Gas/Pure Gas estimated at US$25.7 Billion in the year 2020, is projected to reach a revised size of US$35.7 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027.

Noble Gases, one of the segments analyzed in the report, is projected to grow at a 5% CAGR to reach US$11.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the High Atmospheric Gases segment is readjusted to a revised 5.3% CAGR for the next 7-year period. This segment currently accounts for a 24.9% share of the global High Purity Gas/Ultra High Purity Gas/Pure Gas market.

The U. S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 4.5% CAGR for the Period of 2020-2027

The High Purity Gas/Ultra High Purity Gas/Pure Gas market in the U. S. is estimated at US$7.6 Billion in the year 2020. The country currently accounts for a 29.46% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$6.3 Billion in the year 2027 trailing a CAGR of 4.5% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR while Rest of European market (as defined in the study) will reach US$6.3 Billion by the year 2027.

Carbon Gases Segment Corners a 20.9% Share in 2020

In the global Carbon Gases segment, USA, Canada, Japan, China and Europe will drive the 4.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.3 Billion in the year 2020 will reach a projected size of US$5.9 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.1 Billion by the year 2027.

The 132-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • Advanced Specialty Gases, Inc.
  • Air Liquide S. A.
  • Air Products and Chemicals, Inc.
  • AirGas, Inc.
  • BASF SE
  • GCE Group AB
  • Gulf Cryo
  • Linde AG
  • Matheson Tri-Gas, Inc
  • Messer Group
  • Praxair Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • High Purity Gas/Ultra High Purity Gas/Pure Gas Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • World 15-Year Perspective for High Purity Gas/Ultra High Purity Gas/Pure Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2018 & 2027
  • World 15-Year Perspective for Noble Gases by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • World 15-Year Perspective for High Atmospheric Gases by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • World 15-Year Perspective for Carbon Gases by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • World 15-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 41

For more information about this report visit https://www.researchandmarkets.com/r/fie5yy