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Asia-Pacific Specialty Gases Market Research Report Forecast to 2030

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from $2,950 96 Pages Market Research Future July, 2023 RESFT18051026
Best Price Guarantee
Price from $2,950
Length 96 Pages
Publisher Market Research Future
Published Date July, 2023
SKU RESFT18051026

Asia-Pacific Specialty Gases Market Research Report Forecast to 2030


The 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.

The 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.

Market Segmentation
According 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.

By End-Use Industry, the Asia-Pacific specialty gases market has been classified into Automotive, Electronics, Healthcare, Food & Beverages, Oil & 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.

Based 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.

Major Players
Linde 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 & Co. KGaA (Germany) and Coregas (Australia).

Companies Mentioned
Linde 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 & Co. KGaA (Germany) and Coregas (Australia)

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


1 Executive Summary 13
1.1 Market Attractiveness Analysis 15
1.1.1 Market Attractiveness Analysis: Asia-pacific Specialty Gases Market 15
1.1.2 Asia-pacific Specialty Gases Market, By Type 16
1.1.3 Asia-pacific Specialty Gases Market, By End-use Industry 17
1.1.4 Asia-pacific Specialty Gases Market, By Country 18
2 Market Introduction 19
2.1 Definition 19
2.2 Scope Of The Study 19
2.3 Market Structure 20
3 Research Methodology 21
3.1 Research Process 21
3.2 Primary Research 22
3.3 Secondary Research 22
3.4 Market Size Estimation 23
3.5 Forecast Model 25
3.6 List Of Assumptions 26
4 Market Dynamics 27
4.1 Introduction 27
4.2 Drivers 28
4.2.1 Rising Demand In The Electrical And Electronics Industry To Fuel Growth 28
4.2.2 High Demand For Specialty Gases And Increased Spending In The Medical Industry 29
4.3 Restraints 31
4.3.1 Stringent Government Regulations 31
4.3.2 Restraints Impact Analysis 32
4.4 Opportunities 32
4.4.1 Growing Investments In China’s Specialty Gases Market 32
4.5 Challenges 34
4.5.1 Supply Shortages 34
4.5.2 High Cost And Complex Production Process 34
5 Market Factor Analysis 35
5.1 Supply Chain Analysis 35
5.1.1 Source 35
5.1.2 Specialty Gases Manufacturers 36
5.1.3 Distribution Channels 36
5.1.3.1 List Of Distributors (Contact Info, Location, Application) 37
5.1.4 End-users 37
5.2 Porter’s Five Forces Model 38
5.2.1 Threat Of New Entrants 38
5.2.2 Bargaining Power Of Suppliers 39
5.2.3 Threat Of Substitutes 39
5.2.4 Bargaining Power Of Buyers 39
5.2.5 Intensity Of Rivalry 39
5.3 Impact Of Covid-19 On The Asia Pacific Specialty Gases Market 39
5.3.1 Impact Of Covid-19 On The Supply Chain Of The Specialty Gases Market 39
5.3.2 Impact Of Covid-19 On Demand From End-users 40
6 Asia-pacific Specialty Gases Market, By Type 41
6.1 Overview 41
7 Asia-pacific Specialty Gases Market, By End-use Industry 44
7.1 Overview 44
8 Asia-pacific Specialty Gases Market, By Country 47
8.1 Overview 47
8.2 China 50
8.3 India 52
8.4 Japan 54
8.5 South Korea 56
8.6 Rest Of Asia-pacific 58
9 Competitive Landscape 60
9.1 Overview 60
9.2 Competitive Benchmarking 61
9.3 Major Growth Strategy In The Asia-pacific Specialty Gases Market 62
9.4 The Leading Player In Terms Of The Number Of Developments In The Asia-pacific Specialty Gases Market Error! Bookmark Not Defined.
9.5 Key Development Analysis 63
9.6 Key Developments & Growth Strategies 63
9.6.1 Partnerships & Agreements 63
9.6.2 Expansions/Investments 63
9.7 Financial Matrix 64
9.7.1 Sales (Usd Million), 2021 64
10 Company Profiles 65
10.1 Linde Plc 65
10.1.1 Company Overview 65
10.1.2 Financial Overview 66
10.1.3 Products/Services Offered 67
10.1.4 Key Developments 67
10.1.5 Swot Analysis 68
10.1.6 Key Strategies 68
10.2 Messer Se & Co. Kgaa 69
10.2.1 Company Overview 69
10.2.2 Financial Overview 70
10.2.3 Products Offered 71
10.2.4 Key Developments 71
10.2.5 Swot Analysis 71
10.2.6 Key Strategies 72
10.3 Air Products And Chemicals, Inc. 72
10.3.1 Company Overview 72
10.3.2 Financial Overview 73
10.3.3 Products Offered 74
10.3.4 Key Developments 74
10.3.5 Swot Analysis 75
10.3.6 Key Strategies 75
10.4 Bhuruka Gases Limited 76
10.4.1 Company Overview 76
10.4.2 Financial Overview 76
10.4.3 Products Offered 76
10.4.4 Key Developments 76
10.4.5 Swot Analysis 77
10.4.6 Key Strategies 77
10.5 Thai Special Gas Company Limited 78
10.5.1 Company Overview 78
10.5.2 Financial Overview 78
10.5.3 Products Offered 78
10.5.4 Key Developments 78
10.5.5 Swot Analysis 79
10.5.6 Key Strategies 79
10.6 Taiyo Nippon Sanso Corporation 80
10.6.1 Company Overview 80
10.6.2 Financial Overview 80
10.6.3 Products Offered 81
10.6.4 Key Developments 81
10.6.5 Swot Analysis 81
10.6.6 Key Strategies 82
10.7 Showa Denko K.K. 82
10.7.1 Company Overview 82
10.7.2 Financial Overview 83
10.7.3 Products Offered 84
10.7.4 Key Developments 84
10.7.5 Swot Analysis 85
10.7.6 Key Strategies 85
10.8 Air Liquide 86
10.8.1 Company Overviews 86
10.8.2 Financial Overview 87
10.8.3 Products Offered 88
10.8.4 Key Developments 88
10.8.5 Swot Analysis 89
10.8.6 Key Strategies 89
10.9 Yueyang Kaimeite Electronic And Specialty Rare Gases Co., Ltd 90
10.9.1 Company Overview 90
10.9.2 Financial Overview 90
10.9.3 Products Offered 90
10.9.4 Key Developments 91
10.9.5 Swot Analysis 91
10.9.6 Key Strategies 91
10.10 Coregas 92
10.10.1 Company Overview 92
10.10.2 Financial Overview 92
10.10.3 Products Offered 92
10.10.4 Key Developments 93
10.10.5 Swot Analysis 93
10.10.6 Key Strategies 93
11 Appendix 94
11.1 References 94
11.2 Related Reports 95
List Of Tables
Table 1 List Of Assumptions 26
Table 2 List Of Distributors 37
Table 3 Specialty Gases Market Estimates & Forecast, By Type, 2019–2030 (Usd Million) 42
Table 4 Specialty Gases Market Estimates & Forecast, By Type, 2019–2030 (Mn Cubic Meters) 43
Table 5 Specialty Gases Market Estimates & Forecast, By End-use Industry, 2019–2030 (Usd Million) 45
Table 6 Specialty Gases Market Estimates & Forecast, By End-use Industry, 2019–2030 (Mn Cubic Meters) 46
Table 7 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Usd Million) 48
Table 8 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Mn Cubic Meters) 49
Table 9 China: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 50
Table 10 China: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 50
Table 11 China: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 51
Table 12 China: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 51
Table 13 India: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 52
Table 14 India: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 52
Table 15 India: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 53
Table 16 India: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 53
Table 17 Japan: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 54
Table 18 Japan: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 54
Table 19 Japan: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 55
Table 20 Japan: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 55
Table 21 South Korea: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 56
Table 22 South Korea: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 56
Table 23 South Korea: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 57
Table 24 South Korea: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 57
Table 25 Rest Of Asia-pacific: Specialty Gases Market, By Type, 2019–2030 (Usd Million) 58
Table 26 Rest Of Asia-pacific: Specialty Gases Market, By Type, 2019–2030 (Mn Cubic Meters) 58
Table 27 Rest Of Asia-pacific: Specialty Gases Market, By End-use Industry, 2019–2030 (Usd Million) 59
Table 28 Rest Of Asia-pacific: Specialty Gases Market, By End-use Industry, 2019–2030 (Mn Cubic Meters) 59
Table 29 Major Players In The Asia-pacific Specialty Gases Market 60
Table 30 Most Active Player In The Asia-pacific Specialty Gases Market Error! Bookmark Not Defined.
Table 31 Partnerships & Agreements 63
Table 32 Expansions/Investments 63
Table 33 Linde Plc: Products Offered 67
Table 34 Linde Plc: Key Developments 67
Table 35 Messer Se & Co. Kgaa: Products Offered 71
Table 36 Air Products And Chemicals, Inc.: Products Offered 74
Table 37 Bhuruka Gases Limited: Products Offered 76
Table 38 Thai Special Gas Company Limited: Products Offered 78
Table 39 Taiyo Nippon Sanso Corporation: Products Offered 81
Table 40 Showa Denko K.K.: Products Offered 84
Table 41 Showa Denko K.K.: Key Developments 84
Table 42 Air Liquide: Products Offered 88
Table 43 Zhongshan Sinobioway Hygene Biomedicine Co., Ltd.: Products Offered 90
Table 44 Coregas: Products Offered 92
List Of Figures
Figure 1 Market Synopsis 14
Figure 2 Market Attractiveness Analysis: Asia-pacific Specialty Gases Market, 2021 15
Figure 3 Asia-pacific Specialty Gases Market Analysis, By Type 16
Figure 4 Asia-pacific Specialty Gases Market Analysis, By End-use Industry 17
Figure 5 Asia-pacific Specialty Gases Market Analysis, By Country 18
Figure 6 Asia-pacific Specialty Gases Market: Structure 20
Figure 7 Research Process 21
Figure 8 Top-down & Bottom-up Approaches 24
Figure 9 Market Dynamics Of The Asia-pacific Specialty Gases Market 27
Figure 10 Asia-pacific Consumer Electronics Market Value (Usd Billion), 2016-2027 29
Figure 11 Total Health Expenditure As Share In The Asia-pacific, By Country, 2019 30
Figure 12 Drivers Impact Analysis 31
Figure 13 Restraints Impact Analysis: Asia-pacific Specialty Gases Market 32
Figure 14 China Electronic Specialty Gases Market (2019-2025) 33
Figure 15 Supply Chain: Asia-pacific Specialty Gases Market 35
Figure 16 Porter's Five Forces Analysis Of The Asia-pacific Specialty Gases Market 38
Figure 17 Asia-pacific Specialty Gases Market, By Type, 2019 To 2030 (Usd Million) 41
Figure 18 Asia-pacific Specialty Gases Market, By Type, 2019 To 2030 (Mn Cubic Meters) 42
Figure 19 Asia-pacific Specialty Gases Market, By End-use Industry, 2019 To 2030 (Usd Million) 44
Figure 20 Asia-pacific Specialty Gases Market, By End-use Industry, 2019 To 2030 (Mn Cubic Meters) 45
Figure 21 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Usd Million) 47
Figure 22 Asia-pacific Specialty Gases Market, By Country, 2019–2030 (Mn Cubic Meters) 48
Figure 23 Benchmarking Of Major Competitors 61
Figure 24 Major Strategy Adopted By Key Players In The Asia-pacific Specialty Gases Market 62
Figure 25 Asia-pacific Specialty Gases Market: Competitive Landscape 63
Figure 26 Sales, 2021 64
Figure 27 Linde Plc: Financial Overview Snapshot 66
Figure 28 Linde Plc: Swot Analysis 68
Figure 29 Messer Se & Co. Kgaa: Financial Overview Snapshot 70
Figure 30 Messer Se & Co. Kgaa: Swot Analysis 71
Figure 31 Air Products And Chemicals, Inc.: Financial Overview Snapshot 73
Figure 32 Air Products And Chemicals, Inc.: Swot Analysis 75
Figure 33 Bhuruka Gases Limited: Swot Analysis 77
Figure 34 Thai Special Gas Company Limited: Swot Analysis 79
Figure 35 Taiyo Nippon Sanso Corporation: Financial Overview Snapshot 80
Figure 36 Taiyo Nippon Sanso Corporation: Swot Analysis 81
Figure 37 Showa Denko K.K.: Financial Overview Snapshot 83
Figure 38 Showa Denko K.K.: Swot Analysis 85
Figure 39 Air Liquide: Financial Overview Snapshot 87
Figure 40 Air Liquide: Swot Analysis 89
Figure 41 Yueyang Kaimeite Electronic Specialty Rare Gases Co., Ltd.: Swot Analysis 91
Figure 42 Coregas: Swot Analysis 93

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