Industrial Gas Market Trends Involve CO2 Recycling
Industrial gas market size to reach $122.43 billion at a rate of 5% through 2025, as per The Business Research Company
(EMAILWIRE.COM, June 09, 2021 ) Industrial gas companies are increasingly supplying carbon dioxide emitted from industrial facilities to greenhouses. CO2 emitted from power plants and refineries is stored in local capacities and empty natural gas fields, and transported to greenhouses via pipelines. This process acts as an intelligent CO2 recycling solution and reduces the carbon footprint of greenhouses. For example, Linde collects carbon flow from the Shell oil refinery near Rotterdam, Netherlands, and supplies about 400,000 tonnes of CO2 to over 580 greenhouses across Rotterdam and Amsterdam. This saves the combustion of 115 million cubic meters of natural gas and avoids emissions of 205,000 tonnes per year of CO2.
The industrial gas market consists of the sales of industrial gases by entities (organizations, sole traders or partnerships) that manufacture industrial organic and inorganic gases in compressed, liquid, and solid forms. Industrial gases are also referred to as bulk gases or commodity gases.
Industrial Gas Market Report Segments:
1) By Type: Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas
2) By End-User Industry: Chemicals, Metallurgy, Manufacturing, Food & Beverage, Healthcare, Others
3) By Mode of Supply: Bulk, Packaging, Pipeline
4) By Packaging: Cylinders, Bottles, Canisters, Cartridges, Cryogenic Tanks/Vessels, Others
Read More On The Global Industrial Gas Market Report:
https://www.thebusinessresearchcompany.com/report/industrial-gas-global-market-report
Industrial Gas Market Size Forecast:
The global industrial gas market is expected to grow from $96.81 billion in 2020 to $101.06 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $122.43 billion in 2025 at a CAGR of 5%.
Major Players in the Industrial Gas Market:
Air Liquide
The Linde Group
Praxair, Inc.
Air Products and Chemicals Inc.
Mitsubishi Chemical Holdings Corp.
Request For A Sample:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3582&type=smp
Industrial Gas Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, industrial gas market segments and geographies, industrial gas market trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Reports Similar To The Industrial Gas Global Market Report By The Business Research Company:
Global Carbon Dioxide Market - By Type (Liquid Carbon Dioxide, Solid Carbon Dioxide, Gaseous Carbon Dioxide), By Application (Beverages, Food, Metal Products, Oil And Gas, Medical , Chemical, Firefighting), By Grade Type (Medical Grade, Food Grade, Industrial Grade, Other Grade), And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/carbon-dioxide-market
Hydrogen Global Market Report 2021: COVID-19 Impact And Recovery To 2030
https://www.thebusinessresearchcompany.com/report/hydrogen-global-market-report
Oxygen Market - By Type (Medical Oxygen, Industrial Oxygen, Others), By End-User Sector (Mineral Processing, Automobiles, Healthcare, Cosmetics, Mining, Pharmaceuticals, Others), And By Region, Opportunities And Strategies - Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/oxygen-market
Interested to know more about The Business Research Company?
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
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The industrial gas market consists of the sales of industrial gases by entities (organizations, sole traders or partnerships) that manufacture industrial organic and inorganic gases in compressed, liquid, and solid forms. Industrial gases are also referred to as bulk gases or commodity gases.
Industrial Gas Market Report Segments:
1) By Type: Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas
2) By End-User Industry: Chemicals, Metallurgy, Manufacturing, Food & Beverage, Healthcare, Others
3) By Mode of Supply: Bulk, Packaging, Pipeline
4) By Packaging: Cylinders, Bottles, Canisters, Cartridges, Cryogenic Tanks/Vessels, Others
Read More On The Global Industrial Gas Market Report:
https://www.thebusinessresearchcompany.com/report/industrial-gas-global-market-report
Industrial Gas Market Size Forecast:
The global industrial gas market is expected to grow from $96.81 billion in 2020 to $101.06 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $122.43 billion in 2025 at a CAGR of 5%.
Major Players in the Industrial Gas Market:
Air Liquide
The Linde Group
Praxair, Inc.
Air Products and Chemicals Inc.
Mitsubishi Chemical Holdings Corp.
Request For A Sample:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3582&type=smp
Industrial Gas Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, industrial gas market segments and geographies, industrial gas market trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Reports Similar To The Industrial Gas Global Market Report By The Business Research Company:
Global Carbon Dioxide Market - By Type (Liquid Carbon Dioxide, Solid Carbon Dioxide, Gaseous Carbon Dioxide), By Application (Beverages, Food, Metal Products, Oil And Gas, Medical , Chemical, Firefighting), By Grade Type (Medical Grade, Food Grade, Industrial Grade, Other Grade), And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/carbon-dioxide-market
Hydrogen Global Market Report 2021: COVID-19 Impact And Recovery To 2030
https://www.thebusinessresearchcompany.com/report/hydrogen-global-market-report
Oxygen Market - By Type (Medical Oxygen, Industrial Oxygen, Others), By End-User Sector (Mineral Processing, Automobiles, Healthcare, Cosmetics, Mining, Pharmaceuticals, Others), And By Region, Opportunities And Strategies - Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/oxygen-market
Interested to know more about The Business Research Company?
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results