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Gas Purifiers Market was valued at USD 1 billion in 2023 and is anticipated to register at over 5.7% CAGR between 2024 and 2032, due to the growing demand for clean and pure gas in various industries. Gas purifiers are used to remove impurities and contaminants from gases, making them suitable for various applications such as medical, industrial, and research. The increasing awareness about the harmful effects of impure gas on human health and the environment is a major factor driving the growth of this market. Moreover, the implementation of strict government regulations and policies regarding air quality and emission control is also contributing to the market growth.
Furthermore, the growth of industries such as oil and gas, pharmaceuticals, and chemical processing is also fueling the demand for gas purifiers. These industries require pure gases for various processes, and the use of gas purifiers ensures the quality and purity of the gases used. With the rapid expansion of these industries, the demand for gas purifiers is expected to continue to grow.
Report Attribute | Details |
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Base Year: | 2023 |
Gas Purifiers Market Size in 2023: | USD 1 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 5.7% |
2024 – 2032 Value Projection: | USD 2 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 480 |
Tables, Charts & Figures: | 428 |
Segments covered: | Type, Operating Pressure. Application, End Use Industry, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Over time, gas purifiers can become clogged with impurities and lose their effectiveness. Regular maintenance and cleaning, along with replacing worn out parts, is crucial to ensuring the longevity of the purifier and its ability to purify gases effectively. Additionally, gas purifiers should be installed and operated in a controlled environment to minimize the risk of contamination. These purifiers require advanced technology and specialized materials which make them expensive to manufacture and maintain. This high cost is then passed on to the consumers, making it difficult for small and medium-sized businesses to invest in these purifiers.