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Industrial Gas Regulator Market Share
In 2023, dominant market players including Air liquids, Air products and Chemicals, Airgas Inc, Cavanga Group, Colfax Corporation collectively held a substantial 10%-15% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives, such as mergers & acquisitions, facility expansions, and partnerships, to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.
Industrial Gas Regulator Market Companies
Major players operating in the industrial gas regulator industry include:
- Air liquids
- Air products and Chemicals
- Airgas Inc
- Cavanga Group
- Colfax Corporation
- Emerson Electric
- GCE Group
- Iceblick Ltd
- Itron Inc
- Iwatani
- Linde Group
- Matheson Tri-gas
- Messer Group
- Praxair Inc
- Rotarex
What is the size of the industrial gas regulator market?
The market size of Industrial gas regulator was reached around USD 16 billion in 2023 and is expected to register 4.9% CAGR from 2024 to 2032, owing to the growing development of new and improved gas regulators that can handle high temperatures, corrosive gases and automated process worldwide.
Why is the demand for single stage industrial gas regulators growing?
Industrial gas regulator industry from the single stage regulators segment recorded USD 9.3 billion in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to its ability to reduce the pressure of the gas in one step.
How big is the Asia Pacific industrial gas regulator market?
Asia Pacific industrial gas regulator industry size surpassed USD 4.8 billion in 2023 and is expected to register a commendable CAGR from 2024 to 2032, due to the rapid industrialization across various sectors such as manufacturing, chemicals, oil & gas, and healthcare in the region.
Who are the leading key players in the industrial gas regulator industry?
Air liquids, Air products and Chemicals, Airgas Inc, Cavanga Group, Colfax Corporation, Emerson Electric, GCE Group, Iceblick Ltd, Itron Inc, Iwatani, Linde Group, Matheson Tri-gas, Messer Group, Praxair Inc, and Rotarex, are some of the major industrial gas regulator companies worldwide.