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Industrial Gas Regulator Market Trends

Report ID: GMI8541 Published Date: March 2024Report Format: PDF
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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.

Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

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.

Industrial Gas Regulator Market Scope

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