Chemicals and Materials Specialty Gas Market new | Page 2

Asia-Pacific - The Fastest Growing Specialty Gas Market
Asia-Pacific being the fastest growing Specialty Gas Market globally is estimated to grow
at a CAGR of 8.1% for the next five years. Asia-Pacific is witnessing a high industrial growth
which hints at an ever-increasing demand for specialty gas for its diverse
applications. China dominates the specialty gas market in the Asia-Pacific region being a
major consumer and the fastest growing country in terms of specialty gas demand.
Currently, a high share of specialty gas is consumed by the manufacturing industry and the
demand for specialty gas through the manufacturing industry is expected to grow in the
next five years at a CAGR of more than 6.1% from 2013 to 2018. After China, countries that
include India, South Korea and other Asian countries are showing increasing growth in
demand for specialty gas.
For more information, download PDF brochure at,
https://www.marketsandmarkets.com/pdfdownload.asp?id=1281
Key market participants include Praxair Incorporated (U.S.), Air Products and Chemicals
(U.S.), Messer Group GmbH (Germany) etc. are profiled with their recent developments and
other strategic industry activities.
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