High quality gases prepared with laboratory analysis in order to eliminate their unwanted characteristics are better known as specialty gases. Specialty Gases represent rare or ultra-high purity gases and all the minor gases which are used in specialized applications. There is high scope for the applications of the Specialty Gas Market in different end user industries during 2015-2020.
Scope and Regional Forecast of the Specialty Gas Market:
According to the IndustryARC research analysis studies on the Specialty Gas Market, the high demand from end user industries such as energy, healthcare and electronics is the driving force of this market. Medical gas supply at healthcare institutes is vital for the safety and treatment of the patients. Different medical gases like oxygen, nitrogen, nitrous oxide, carbon dioxide and other gases are provided to the hospitals and health care institutes.
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North America is the leading market region for specialty gas with high production and consumption of the specialty gases. The region has the presence of most leaders in specialty gas manufacturing. Asia-Pacific is expected to be the fastest growth in the Specialty Gas Market in the next few years due to growing adoption of Specialty Gas in Health care, manufacturing industrial 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 gases. North America market accounts to the largest portion of the global market for Specialty Gas and is the fastest growing market followed by Asia-Pacific during 2015-2020.
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Segmentation and Key Players of the Specialty Gas Market:
The Specialty Gas Market is segmented into various categories in the IndustryARC marketing research report by type, by application, by...