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Industrial Gas Regulator Market Trends

  • Report ID: GMI8541
  • Published Date: Mar 2024
  • Report Format: PDF

Industrial Gas Regulator Market Trends

The industrial gas regulator industry is the increasing demand for high purity and specialty gases in various industries such as electronics, healthcare metallurgy and energy. These gases require precise and reliable regulation to ensure optimal performance quality and safety. Therefore, the market is witnessing the development and adoption of advanced gas regulators that can handle high pressure temperature and flow rates as well as corrosive and toxic gases. These regulators also offer features such as digital control remote monitoring and self-diagnosis which enhance the efficiency and convenience.
 

The industrial gas regulator industry is the growing awareness and regulation of environmental and occupational health and safety issues related to gas handling and usage. Industrial gases can post significant risk of fire explosion and pollution if not properly regulated and controlled. Therefore, the market is experiencing a rising demand for gas regulators that can reduce gas emissions, leaks and wastage as well as comply with the stringent standards and norms of various regions and industries. These regulators also help in saving energy and cost as well as improving the sustainability and social responsibility of the gas user.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

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.

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.

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.

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.

Industrial Gas Regulator Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 212
  • Countries covered: 24
  • Pages: 161
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