Industrial Gases Market to Reach $63.2 Billion by 2014

This report covers the industrial gases market including merchant gases, packaged gases, on-site supply for large industries, healthcare gases and gases used in electronic production

Rockville, MD, November 05, 2010 --( has announced the addition of Datamonitor’s new report “Industrial Gases: Global Industry Guide” to their collection of Chemicals market reports. For more information, visit

The global industrial gases market shrank by 0.7% in 2009 to reach a value of $44.6 billion. Asia-Pacific accounts for 39.8% of the global industrial gases market value.

In 2014, the global industrial gases market is forecast to have a value of $63.2 billion, an increase of 41.5% since 2009. Merchant gases (liquefied, tank delivery) is the largest segment of the global industrial gases market, accounting for 36.2% of the market's total value.

As industrial gases have end-users in most global markets, there is a large number of buyers. These buyers tend to be major international companies which increase their buyer power as they can enter into contracts with market players. However, the large numbers of buyers present means that market players regain some power, as industrial gases are important to buyers. On the other hand, the undifferentiated product means that it is difficult to retain buyers. Suppliers are few in number meaning they can charge high prices for raw materials. There are few substitutes to industrial gases, as in many cases buyers purchase gases based on their specific physical and chemical properties, reducing the ability to use substitutes.

Entrance to this market requires large capital investment in order to set up high-volume production plants. This essentially means that as well as high fixed costs, there are subsequent exit barriers causing the rivalry between market players to intensify.

This report:

Contains an executive summary and data on value, volume and segmentation
Provides textual analysis of the industry's prospects, competitive landscape and profiles of the leading companies.

Incorporates in-depth five forces competitive environment analysis and scorecards
Covers the Global, European and Asia-Pacific markets as well as individual chapters on 5 major markets (France, Germany, Japan, the UK and the US).

Includes a five-year forecast of the industry

For more information, visit

Veronica Franco

Veronica Franco