Global Gas Purifiers Market to Reach $531.4 Million by 2030
The global market for Gas Purifiers estimated at US$429.1 Million in the year 2023, is expected to reach US$531.4 Million by 2030, growing at a CAGR of 3.1% over the analysis period 2023-2030. Single Column Purifiers, one of the segments analyzed in the report, is expected to record a 3.8% CAGR and reach US$185.2 Million by the end of the analysis period. Growth in the Double Column Purifiers segment is estimated at 3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $114.7 Million, While China is Forecast to Grow at 4.9% CAGR
The Gas Purifiers market in the U.S. is estimated at US$114.7 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$108.1 Million by the year 2030 trailing a CAGR of 4.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$68.4 Million by the year 2030.
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