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Gas Equipment Market Size, Industry Trends, Historical Data, Growth Analysis Forecast to 2030

Gas mixtures are multicomponent substances that are formulated to cater to a wide range of applications. Laser processing utilises a diverse array of gas mixture products.

The gas equipment market’s worldwide prominence may be attributed to the surge in product demand from diverse end-user sectors, including but not limited to the healthcare and medical, and chemical industries.

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Utilisation increases in numerous sectors—including oil and gas, healthcare and medical, chemical, and oil and gas—are the primary factor propelling the global gas equipment market. Possible markets for industrial gas apparatus include emerging economies such as China, India, and Brazil. Additionally, the decline in trade barriers, globalisation, and developing economies will all contribute to the expansion of the gas equipment market worldwide over the next few years.

Moreover, acetylene and hydrogen gases have enormous future potential, given the burgeoning demand for them in the food processing, metallurgical, and chemical sectors, among others. Furthermore, it is anticipated that the introduction of innovative products by industry leaders and numerous technological developments in gas detection apparatus will generate fresh avenues for expansion in this worldwide market, particularly in the Asia-Pacific area.

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The Global Gas Equipment Market is segmented based on product, application and region

Global Gas Equipment Market: Product Segment Analysis

● Gas detection systems

● Cryogenics

● Gas generation

● Flow devices

● Purifiers and filters

● Regulators

● Gas delivery

Global Gas Equipment Market: Application Segment Analysis

● Oil and gas

● Emergency services

● Water treatment

● Mining

● Power generation

● Healthcare and medical

● Metal fabrication

● Chemical

● Others

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The global Gas Equipment market profiles key players such as:

● GCE Holding

● Matheson Tri-Gas

● Iwatani Corporation

● Taiyo Nippon Sanso

● Welsco

● Messer Group

● Advanced Specialty Gases

● Itron

● Air Products and Chemicals

● Praxair

● Colfax

● Linde Group

● Airgas

● Air Liquide

Analysis of Regional Gas Equipment Markets Worldwide

The regions of Europe, North America, the Middle East, Africa, Latin America, and Asia-Pacific comprise the global gas equipment industry. The global gas equipment market was dominated by North America in 2017 and is expected to maintain this dominance throughout the forecast period. The United States is anticipated to experience the most rapid growth among the nations in this region.

The expansion can be ascribed to the processes of globalisation and the reduction in trade barriers. It is anticipated that the Asia Pacific region will experience the most substantial development rate in this market throughout the projected time frame. The substantial developments in the metal fabrication industry, which have been fueled by the rising demand for automobiles and consumer appliances, may account for this regional expansion.

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