Market Research Reports Global Ultra High Purity Gas Market Report 2019 | Page 2

advancements of alternative technologies are projected to be the burning issues for the market.
The Global Ultra High Purity Gas Market is segmented on the basis of Product Type, End Use Industry
and Region. On the Basis of Product Type segment, the Ultra High Purity Gas Market is sub segmented
into Argon, Nitrogen, Ammonia. Based on End Use Industry segment, the Ultra High Purity Gas Market
is sub segmented into Electronics, Analysis Instrument.
In terms of the geographic analysis, China is expected to have the largest market share and dominate
the APAC high purity gases market from 2019 to 2023. The growing economy, rising metal production,
and electronics market exhibits high potential growth opportunities for the Ultra High Purity Gas
Market in China.
Some of the major players that operate in the Global Ultra High Purity Gas Market are Praxair Inc.
Airgas Inc, The Linde Group, Air Liquide S.A, Air Products and Chemicals Inc, Iwatani Corporation,
Messer Group, Iceblick Ltd, Matheson Tri-Gas Inc, Advanced Specialty Gases Inc, Chenhongteqi,
BYGASES.
Latest Industry Updates:
1 Airgas Inc:- The reduction of sulfur emissions in crude refining operations has been a foremost
environmental initiative over the past 25 years. Rules and standards focused on lowering emissions
relate to both direct crude refining operations and to the fuels they produce. This initiative continues
to gain momentum with new sulfur-related fuel regulations, including regulatory changes in the US,
China and India and through worldwide organisations such as the International Maritime Organization
(IMO),
which will start decreasing allowable sulfur content in bunker fuels used as fuel for ships in January
2020. units rely on high temperatures and pressure along with catalytic reactions and hydrogen to
separate sulphur from hydrocarbons. Sulfur removal is necessary for products to meet compliance
requirements and to prevent potential corrosion of refinery equipment and poisoning of ownstream
catalysts that are used to further process hydrocarbon fractions into finished products.
2 Air Products and Chemicals Inc- Air Products is a world-leading Industrial Gases company in
operation for over 75 years. The Company provides industrial gases and related equipment to dozens
of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage.
Air Products is also the world’s leading supplier of liquefied natural gas process technology and
equipment.
The Company had fiscal 2018 sales of $8.9 billion from operations in 50 countries and has a current
market capitalization of about $40 billion. Approximately 16,000 passionate, talented and committed
employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative
solutions that benefit the environment, enhance sustainability and address the challenges facing
customers, communities, and the world.
The report is a compilation of first-hand information, qualitative and quantitative assessment by
industry analysts, inputs from industry experts and industry participants across the value chain. The
report provides in-depth analysis of parent market trends, macro-economic indicators and governing
factors along with market attractiveness as per segments. The report also maps the qualitative impact
of various market factors on market segments and geographies.