Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market to reach USD 45.48 billion by 2028.

Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market to reach USD 45.48 billion by 2028.

Product Code: OIRGSF-48889631
Publish Date: 25-02-2022
Page: 200

Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market is valued approximately USD 29.91 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2028.

The high purity gas or ultra-high purity gas are also generally known as pure gas that is made up of individual atoms such as noble gas like neon, elemental molecules created from a single type of atoms like oxygen, or compound molecules which is made from various type of atoms like carbon dioxide. The rising demand for pure gases across various applications such as oil & gas, medical & healthcare, metal production, electronics, chemical, and food & beverage is the primary factor that may lead the market growth. In addition, the potential growth of the electronics industry, increasing industrialization, coupled with rapid urbanization is also surging the market demand across the globe. For instance, according to the Japan Electronics and Information Technology Industries Association (JEITA), the production of electronics and IT industries was accounted for 2,934.5 billion in 2018 and in 2019 the production increased to USD 3,045.8 billion. However, the increasing price of gas processing hampers the growth of the market over the forecast period of 2022-2028. Also, the exponential growth and development of the automotive industry are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growth of the electronics and chemical sector, and the rapid presence of the chief market players. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing government policies to boost semiconductor production, coupled with rapid industrialization would create lucrative growth prospects for the High Purity Gas/Ultra High Purity Gas/Pure Gas Market across the Asia-Pacific region.
Major market players included in this report are:
Praxair Inc.
Airgas Inc.
The Linde Group
Air Liquide S.A.
Air Products and Chemicals Inc.
Iwatani Corporation
Messer Group
Iceblick Ltd.
Matheson Tri-Gas Inc.
Advanced Specialty Gases Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
High Atmospheric Gases
Noble Gases
Carbon Gases
Other Gases
Halogen
Chlorine
Fluorine
By Manufacturing Process:
Air Separation Unit
Hydrogen Production
By Storage & Distribution and Transportation:
Cylinder & Packaged Gas Distribution
Merchant Liquid distribution
Tonnage Distribution
By Function:
Insulation
Illumination
Cooling
By End-Use:
Metal production
Oil & gas
Chemical
Electronics
Medical & healthcare
Food & beverage
Others
Aerospace
Automotive
Laboratories
Glass
Diving
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028(USD Billion)
1.2.1. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Region, 2020-2028(USD Billion)
1.2.2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Product, 2020-2028(USD Billion)
1.2.3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Manufacturing Process, 2020-2028(USD Billion)
1.2.4. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Storage & Distribution and Transportation, 2020-2028(USD Billion)
1.2.5. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Function, 2020-2028(USD Billion)
1.2.6. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by End-Use, 2020-2028(USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Dynamics
3.1. High Purity Gas/Ultra High Purity Gas/Pure Gas Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing demand from the electronics industry
3.1.1.2. Growing of the healthcare sector
3.1.2. Market Challenges
3.1.2.1. High cost of gas processing
3.1.3. Market Opportunities
3.1.3.1. Exponential growth and development of the automotive industry
Chapter 4. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Product
6.1. Market Snapshot
6.2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market by Product, Performance – Potential Analysis
6.3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Estimates & Forecasts by Product 2019-2028 (USD Billion)
6.4. High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Sub Segment Analysis
6.4.1. High atmospheric gases
6.4.2. Noble gases
6.4.3. Carbon gases
6.4.4. Other gases
6.4.5. Halogen
6.4.6. Chlorine
6.4.7. Fluorine
Chapter 7. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Manufacturing Process
7.1. Market Snapshot
7.2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market by Manufacturing Process, Performance – Potential Analysis
7.3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Estimates & Forecasts by Manufacturing Process 2019-2028 (USD Billion)
7.4. High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Sub Segment Analysis
7.4.1. Air separation unit
7.4.2. Hydrogen production
Chapter 8. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Storage & Distribution and Transportation
8.1. Market Snapshot
8.2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market by Storage & Distribution and Transportation, Performance – Potential Analysis
8.3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Estimates & Forecasts by Storage & Distribution and Transportation 2019-2028 (USD Billion)
8.4. High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Sub Segment Analysis
8.4.1. Cylinder & packaged gas distribution
8.4.2. Merchant liquid distribution
8.4.3. Tonnage distribution
Chapter 9. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by Function
9.1. Market Snapshot
9.2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market by Function, Performance – Potential Analysis
9.3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Estimates & Forecasts by Function 2019-2028 (USD Billion)
9.4. High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Sub Segment Analysis
9.4.1. Insulation,
9.4.2. Illumination and
9.4.3. Cooling
Chapter 10. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, by End-Use
10.1. Market Snapshot
10.2. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market by End-Use, Performance – Potential Analysis
10.3. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market Estimates & Forecasts by End-Use 2019-2028 (USD Billion)
10.4. High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Sub Segment Analysis
10.4.1. Metal production
10.4.2. Oil & gas
10.4.3. Chemical
10.4.4. Electronics
10.4.5. Medical & healthcare
10.4.6. Food & beverage
10.4.7. Others
10.4.8. Aerospace
10.4.9. Automotive
10.4.10. Laboratories
10.4.11. Glass
10.4.12. Diving
Chapter 11. Global High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Regional Analysis
11.1. High Purity Gas/Ultra High Purity Gas/Pure Gas Market, Regional Market Snapshot
11.2. North America High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.2.1. U.S. High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.2.1.1. Product estimates & forecasts, 2019-2028
11.2.1.2. Manufacturing Process estimates & forecasts, 2019-2028
11.2.1.3. Storage & Distribution and Transportation estimates & forecasts, 2019-2028
11.2.1.4. Function estimates & forecasts, 2019-2028
11.2.1.5. End-Use estimates & forecasts, 2019-2028
11.2.2. Canada High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.3. Europe High Purity Gas/Ultra High Purity Gas/Pure Gas Market Snapshot
11.3.1. U.K. High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.3.2. Germany High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.3.3. France High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.3.4. Spain High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.3.5. Italy High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.3.6. Rest of Europe High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.4. Asia-Pacific High Purity Gas/Ultra High Purity Gas/Pure Gas Market Snapshot
11.4.1. China High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.4.2. India High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.4.3. Japan High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.4.4. Australia High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.4.5. South Korea High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.4.6. Rest of Asia Pacific High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.5. Latin America High Purity Gas/Ultra High Purity Gas/Pure Gas Market Snapshot
11.5.1. Brazil High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.5.2. Mexico High Purity Gas/Ultra High Purity Gas/Pure Gas Market
11.6. Rest of The World High Purity Gas/Ultra High Purity Gas/Pure Gas Market
Chapter 12. Competitive Intelligence
12.1. Top Market Strategies
12.2. Company Profiles
12.2.1. Praxair Inc.
12.2.1.1. Key Information
12.2.1.2. Overview
12.2.1.3. Financial (Subject to Data Availability)
12.2.1.4. Product Summary
12.2.1.5. Recent Developments
12.2.2. Airgas Inc.
12.2.3. The Linde Group
12.2.4. Air Liquide S.A.
12.2.5. Air Products and Chemicals Inc.
12.2.6. Iwatani Corporation
12.2.7. Messer Group
12.2.8. Iceblick Ltd.
12.2.9. Matheson Tri-Gas Inc.
12.2.10. Advanced Specialty Gases Inc.
Chapter 13. Research Process
13.1. Research Process
13.1.1. Data Mining
13.1.2. Analysis
13.1.3. Market Estimation
13.1.4. Validation
13.1.5. Publishing
13.2. Research Attributes
13.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now