{"product_id":"asia-pacific-specialty-gases-market-research-report-forecast-to-2030","title":"Asia-Pacific Specialty Gases Market Research Report Forecast to 2030","description":"\u003cp\u003eAsia-Pacific Specialty Gases Market Research Report Forecast to 2030\u003cbr\u003e\nThe Asia-Pacific specialty gases market is projected to witness healthy growth during the forecast period, 2022–2030. The market was valued at USD 2,985.03 million in 2021 and is projected to register a CAGR of 9.16% to reach USD 6,202.40 million by the end of 2030. In terms of volume, the market was sized at 24,711.57 Mn Cubic Meters in 2021 and is likely to exhibit a CAGR of 8.42% to reach 48,531.56 Mn Cubic Meters by the end of 2030.\u003c\/p\u003e\n\n\u003cp\u003eThe growth of the market is driven by the increasing application of specialty gases in the electronic, healthcare, and automotive industries. Furthermore, investments in China for specialty gases are likely to create growth opportunities for the market players during the forecast period. However, stringent government regulations are a major factor projected to hamper the market growth during the forecast period.\u003c\/p\u003e\n\n\u003cp\u003eMarket Segmentation\u003cbr\u003e\nAccording to MRFR analysis, the Asia-Pacific specialty gases market has been segmented based on type, end-use industries, and country. Based on type, the Asia-Pacific specialty gases market has been divided into Carbon Gases, Nitric Oxide, CF4, Halogen, and, Noble Gases, and Others. The Carbon Gases segment accounted for the largest share of 33.82% in 2021. The segment was valued at USD 1,009.54 million in 2021; it is expected to register a CAGR of 10.13% to reach USD 2,272.38 million by the end of 2030. The growth is mainly due to the increasing demand for specialty gases.\u003c\/p\u003e\n\n\u003cp\u003eBy End-Use Industry, the Asia-Pacific specialty gases market has been classified into Automotive, Electronics, Healthcare, Food \u0026amp; Beverages, Oil \u0026amp; Gas, and Others. The Electronics segment dominated the Asia-Pacific specialty gases market with a market share of 26.36% by value in 2021. The segment was valued at USD 786.79 million in 2021; it is expected to register a CAGR of 9.58% to reach USD 1,691.60 million by the end of 2030.\u003c\/p\u003e\n\n\u003cp\u003eBased on Country, the Asia-Pacific specialty gases market has been classified into China, India, Japan, South Korea, Rest of Asia-Pacific. China’s market held the largest share of 45.92% in 2021 due to high the availability of raw materials, cheap labor, rapid industrialization and, commercialization in the country, especially with the growth of the electronic industry. The market was valued at USD 1,370.67 million in 2021 and is expected to exhibit a CAGR of 9.91% to reach USD 3,029.50 million by the end of 2030.\u003c\/p\u003e\n\n\u003cp\u003eMajor Players\u003cbr\u003e\nLinde Plc (Ireland), Air Liquide (France), Showa Denko K.K (Japan), Air Products and Chemicals, Inc. (US), and Taiyo Nippon Sanso Corporation (Japan). Other key players contributing to the market growth include Messer SE \u0026amp; Co. KGaA (Germany) and Coregas (Australia).\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003cbr\u003e\nLinde Plc (Ireland)\u003cbr\u003e\nAir Liquide (France)\u003cbr\u003e\nShowa Denko K.K (Japan)\u003cbr\u003e\nAir Products and Chemicals\u003cbr\u003e\nInc. (US)\u003cbr\u003e\nand Taiyo Nippon Sanso Corporation (Japan). Other key players contributing to the market growth include Messer SE \u0026amp; Co. KGaA (Germany) and Coregas (Australia)\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"July, 2023 \/ 96 Pages \/ MCW16216427","offer_id":47619825008946,"sku":null,"price":3540.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/asia-pacific-specialty-gases-market-research-report-forecast-to-2030","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}