U.S. Industrial Gas Regulator Market, By Application (Oil & Gas, Chemical , Steel & Metal Processing, Pharmaceutical, Food & Beverage, and Others) by Gas Type (Inert, Toxic and Corrosive), by Regulator Type (Single Stage and Dual Stage) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Gas regulator is the apparatus used for regulating and controlling inlet pressure to constant outlet pressure. Generally, gas regulators are comprised of a separate pressure sensor with the controller and flow valve. However, it can also be comprised of an integrated device with an output pressure setting, a restrictor, and a sensor. These gas regulators are used in various industries including oil & natural gas, chemicals, gas pipelines, power generation, etc.
Market Dynamics
Increasing demand for novel products that provide enhanced performance and consistency and reduced environmental impact are expected to boost the demand for new technologies in the near future. For instance, in July 2013, Linde Group introduced hybrid premium regulators named Smoothflo. Moreover, growing food and beverage industry in The U.S. is expected to drive the market in this region positively, as gas is an essential part of food processing industry. For instance, Food and beverage sector in the U.S. has witnessed significant growth in the recent past, owing to growing population, increasing urbanization, and high demand for food products. According to the Committee for Economic Development (CED), the annual food sector sales are around US$ 1.4 trillion, of which food and beverage industry generate around US$ 164 billion.
Stringent regulatory scenario related to industrial gas regulators is expected to restrain growth of the U.S. industrial gas regulator market during the forecast period. As manufacturing of gas regulators requires a particular set of standards across industry verticals such as Material Safety Data Sheet (MSDS) standards for industrial gas regulators. Furthermore, in the U.S., the American Gas Association (AGA) monitors gas regulators norms under the Accredited Standards Committee (ASC).
Market Taxonomy
This report segments the U.S. industrial gas regulator market on the basis of application oil & gas, chemical, steel & metal processing, pharmaceutical, food & beverage, and others. On the basis of gas type inert, toxic and corrosive. On the basis of regulator type single stage and dual stage.
Key features of the study:
This report provides an in-depth analysis of the U.S. industrial gas regulator market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the U.S. industrial gas regulator market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key players operating in the U.S. industrial gas regulators market are GCE Group, Emerson Electric Co., Itron, Inc., The Linde Group, Rotarex S.A., Air Liquide S.A., Honeywell Process Solutions, Praxair Technology, Inc., Cavagna Group S.p.A, and Air Products and Chemicals Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The U.S. industrial gas regulator market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the U.S. industrial gas regulator market.
Detailed Segmentation:
The U.S. Industrial Gas Regulator Market, By Application:
Chemical
Oil and Gas
Steel & Metal Processing
Pharmaceuticals
Food & Beverage
Others
The U.S. Industrial Gas Regulator Market, By Gas Type:
Inert
Toxic
Corrosive
The U.S. Industrial Gas Regulator Market, By Regulator Type:
Single Stage
Double Stage
Company Profiles
Air Liquide S.A.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Air Products and Chemicals Inc.
Cavagna Group S.p.A
Emerson Electric Co.
GCE Group
Honeywell Process Solutions
Itron, Inc.
Praxair Technology, Inc.
Rotarex S.A.
The Linde Group
*Browse all the market data tables and figures on "The U.S. Industrial Gas Regulator Market - Forecast to 2027”
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