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Global Industrial Gas Regulators Market – Industry Trends and Forecast to 2029

  • Chemical and Materials
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Industrial Gas Regulators Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 4.5% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 17378.48 Million
Diagram Market Size (Forecast Year) USD 24713.94 Million
Diagram CAGR 4.5%

Global Industrial Gas Regulators Market, By Type (Single-Stage Regulator, Dual Stage Regulator), Gas Type (Inert Gases, Toxic Gases, Corrosive Gases), Material (Brass, Stainless Steel), Application (Oil and Gas, Chemical, Steel and Metal Processing, Medical Care, Food and Beverage, Others) – Industry Trends and Forecast to 2029.

Market Analysis and Size

Over the past few years, the industrial gas regulator market has risen exponentially worldwide due to its technical performance and functional features.  An industrial gas regulator is a specialized product that is used for a variety of applications. The market has massively flourished over the years and this trend is expected to continue even through the forecasted period.

Global Industrial gas regulators Market was valued at USD 17378.48 million in 2021 and is expected to reach USD 24713.94 million by 2029, registering a CAGR of 4.50% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

Gas regulators for industrial usage are devices that regulate the pressure of a fluid or gas in pipe systems. They are the devices that are utilized to keep the gas in the mechanical zone at the proper weight for effective tasks in various modern applications. The set purpose of current controllers refers to the precise weight maintained by the devices.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Single-Stage Regulator, Dual Stage Regulator), Gas Type (Inert Gases, Toxic Gases, Corrosive Gases), Material (Brass, Stainless Steel), Application (Oil and Gas, Chemical, Steel and Metal Processing, Medical Care, Food and Beverage, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Emerson Electric Co. (U.S.), Dupont (U.S.), Linde (Germany), Air Liquide (France), Praxair Technology, Inc. (U.S.), SOLVAY (Belgium), Air Products and Chemicals Inc. (U.S.), Cavagna Group SPA (Italy) , GCE Group (Sweden), Iwatani Corporation (Japan), Messer SE & Co. KGaA (Germany), Matheson Tri-Gas Inc. (U.S.), Iceblick Ltd. (Ukraine), Advanced Specialty Gases I(U.S.)., BASF SE (Germany), Buzwair Group (Qatar), Ellenbarrie Industrial Gases (India)., Gulf Cryo (UAE), Proton Gases (India)

Market Opportunities

  • Rapid technological advancements and product transformations in industrial gas regulators
  • Government investment in the establishment of new oil and gas and energy generation facilities and maintenance 

Industrial Gas Regulators Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

  • Increased Utilization Across the Applications

The key element driving the expansion of the industrial gas regulators market is the increasing need for the industrial gas regulators in various applications such as oil and gas, chemical, steel and metal processing, medical care and food and beverage.

Furthermore, the factors such as the rapid urbanization coupled with the rising industrialization across the globe will further propel the growth rate of industrial gas regulators market. Additionally, the growth in infrastructural activities will also drive market value growth. The growing use of natural gas as a substitute of conventional fossil fuels is yet another market growth determinant that is projected to bolster the market's growth.

Opportunities

  • Advancements, Transformations and Investments

Furthermore, the rapid technological advancements and product transformations in industrial gas regulators extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the government investment in the establishment of new oil and gas and energy generation facilities and maintenance will further expand the future growth of the industrial gas regulators market.

Restraints/Challenges

  • Regulatory Restrictions

The various regulatory restrictions further create hindrances for the growth of the industrial gas regulators market.

  • High Costs

Also, the high cost of gas processing is estimated to be a demerit for the industrial gas regulators market. Therefore, this will challenge the industrial gas regulators market growth rate.

This industrial gas regulators market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the industrial gas regulators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Industrial Gas Regulators Market

The recent outbreak of coronavirus had a negative impact on the across the various market globally. The same applies to the global market for industrial gas regulators, as consumer demand has decreased as people are now more focused on removing non-essential expenses from their budgets since the general economic situation of most people has been badly impacted by the outbreak. These aforementioned factors are likely to weigh on the worldwide industrial gas regulator market's revenue trajectory over the forecast period. The global industrial gas regulator market is predicted to revive as respective governing agencies begin to lift these enforced lockdowns.

Global Industrial Gas Regulators Market Scope

The industrial gas regulators market is segmented on the basis of type, gas type, material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Single-Stage Regulator
  • Dual Stage Regulator

Gas Type

  • Inert Gases
  • Toxic Gases
  • Corrosive Gases

Material

  • Brass
  • Stainless Steel

Application

  • Oil and Gas
  • Chemical
  • Steel and Metal Processing
  • Medical Care
  • Food and Beverage
  • Others

Industrial Gas Regulators Market Regional Analysis/Insights

The industrial gas regulators market is analyzed and market size insights and trends are provided by country, type, gas type, material and application as referenced above.

The countries covered in the industrial gas regulators market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the industrial gas regulators market because of the increasing demand for natural gas in the oil and gas market for power generation and other industrial units among consumers especially in the U.S. within the region.

On the other hand, Asia-Pacific is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the rising demand for natural gas for power generation and industrial units in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Industrial Gas Regulators Market Share Analysis

The industrial gas regulators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial gas regulators market.

Some of the major players operating in the industrial gas regulators market are

  • Emerson Electric Co. (U.S.)
  • Dupont (U.S.)
  • Linde (Germany)
  • Air Liquide (France)
  • Praxair Technology, Inc. (U.S.)
  • SOLVAY (Belgium)
  • Air Products and Chemicals Inc. (U.S.)
  • Cavagna Group SPA (Italy)
  • GCE Group (Sweden)
  • Iwatani Corporation (Japan)
  • Messer SE & Co. KGaA (Germany)
  • Matheson Tri-Gas Inc. (U.S.)
  • Iceblick Ltd. (Ukraine)
  • Advanced Specialty Gases (U.S.)
  • BASF SE (Germany)
  • Buzwair Group (Qatar)
  • Ellenbarrie Industrial Gases (India)
  • Gulf Cryo (UAE)
  • Proton Gases (India)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Industrial gas regulators Market is expected to show a value of USD 24713.94 million by 2029.
The market is estimated to register a CAGR of 4.50% within the forecast period.
The factors such as growing use of natural gas as a substitute of conventional fossil fuels, the rapid urbanization coupled with the rising industrialization are the major drivers for the market.
North America caters a fortunate market scope for the Industrial gas regulators market business owing to increasing demand for natural gas in the oil and gas industries for power generation and other  industrial units among consumers particularly in the U.S.
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