Industrial Gas Regulator Market by Type (Single Stage and Dual Stage), by Gas Type (Inert, Corrosive, and Toxic), by Material (Brass and Stainless Steel), and by Application (Oil & Gas, Chemical, Medical Care, Steel & Metal Processing, and Food & Beverages): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Global industrial gas regulator market expected to generate revenue of around USD 19,469. million by the end of 2024, growing at a CAGR of around 4.5% between 2018 and 2024. Industrial gas regulator market is expected to experience significant growth due to the strong growth in the field of oil & gas, energy, and medical care.

22-Oct-2018 | Number of pages: 110 | Report Code: ZMR-918 | Report Format : | Status : Published

Analysis

Industrial gas regulators are used to sustaining the accurate pressure of the gas in the industrial area for efficient operations in several industrial applications. The ultimate pressure sustained through the industrial regulators is known as the set point of regulators. Increasing demand for industrial gas regulators from various industries is expected to propel the market growth. Moreover, the use of advanced technology in the production of the industrial gas regulator is expected to drive industrial gas regulator market growth over the forecast period. Rising awareness levels among the end-users pertaining to benefits offered by industrial gas regulators is a major factor driving industrial gas regulator market growth. The market growth can be attributed to the growing need for enhancing performance, improving consistency, and reducing work redundancy.

New developments witnessed in the chemicals & energy, oil & gas, automobile, and manufacturing sectors are expected to provide significant growth opportunities for industrial gas regulator market. Increasing demand for natural gas in power generation and industrial units is anticipated to drive industrial gas regulator market growth over the forecast period. Increase in the number of government initiatives across the world to promote the use of natural gas as an alternative to conventional fossil fuel for power generation to decrease carbon emissions would positively impact industry growth. Moreover, growing demand for technologically advanced gas regulators is anticipated to build novel product standards with a high degree of operational ability, efficiency, and safety.  

Industrial-Gas-Regulator-Market

Based on the type, the industrial gas regulator market is segmented into a single stage and dual stage. On the basis of gas type, the industrial gas regulator market is segmented into toxic, inert, and corrosive. The material segment is bifurcated into brass and stainless steel. Based on application, the industrial gas regulator market is segmented into oil & gas, chemical, steel & metal processing, medical care, and food & beverages.  

North America accounted for the highest revenue share in the industrial gas regulator market in 2017 and the region is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing demand for industrial regulators across the countries such as the U.S. and Canada. Asia Pacific industrial gas regulator market is anticipated to witness a substantial growth over the forecast period. Rapidly increasing metal production activities and thriving manufacturing industry in China coupled with the growing electronics market in APAC is likely to be the major regional growth drivers in the years ahead. Some of the key players operating in industrial gas regulator market include Colfax Corporation, Cavagna Group S.p.A., Emerson Electric Co., Air Products and Chemicals, Inc., GCE Group, the Linde Group, Air Liquide, Itron, Inc., Praxair Technology, Inc., Airgas, Inc., and others. Industry players are mostly focusing on new product launches and mergers & acquisitions strategies.   


Related Reports

Oil and Gas Fittings Market: by Type (Portable Generator and Stationary Generator), By Power Output (Less than 1.0 KW, 1.0 to 3.0 KW, 3.0 to 5.0 KW, and More than 5.0 KW), By Power Output (Standby Backup Power and Continuous Power) and by End-Use (Commercial, Residential, Industrial, Agricultural, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Dec-2019 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5163 | Report Format:

The global oil and gas fitting market valued US$ 1.06 Billion in 2018 and is expected to be valued at US$1.32 Billion in 2026 at a CAGR of 2.8%. The report covers forecast and analysis for the oil and gas fittings market on a global and regional level. The research report presents a comprehensive ...Read More

Conductive Fibers Market: by Reinforced Material by Type (Copper, Carbon, Nickel, Lead, Silver, and Others), by Application (Non-Woven Fabric, Woven Fabric, and Knitted Fabric), Base Material Type (Cotton, Nylon, Polyester, Wool, Polyamide, and Others) and by End-Use (Military & Defense, Aerospace & Aviation, Sports & Fitness, Consumer Electronics, Protection & Safety, Fashion & Entertainment, Transportation, Architecture, and Industrial Belts): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Oct-2019 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-4937 | Report Format:

The forecast and analysis for the conductive fibers market on a global and regional level are covered in this report. The study offers a widespread valuation of the market, competition, evolving trends, opportunities, and industry-validated market numbers. The report provides significant data of 2...Read More

Electroplating Market: by Metal Type (Gold, Nickel, Copper, Silver, Chromium, Zinc, and Others), by End-Use Industry (Automotive, Electrical & Electronics, Aerospace & Defense, Jewelry, Machinery Parts & Components, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Oct-2019 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-4936 | Report Format:

The report electroplating market covers forecast and analysis on a global and regional level. The research report offers a huge estimation of the market, opportunities, competition, emerging trends, and industry-validated market numbers. The report provides remarkable data of 2016, 2017, 2018 alo...Read More

Green Mining Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Price : $ 3999.00 | Report Code: ZMR-4817 | Report Format:

Global Green Mining Market: Overview The goal of green mining is to reduce social influences and adverse environmental effects in every stage of mining operations along with attempting to maximize local and social benefits. The expansion of the middle-class population in the emerging economies a...Read More

Ozone Meter Market by Application (Drinking Water Industry, Sewage & Industrial Process Water, Cosmetics Industry, Pharmaceutical Industry, Food Manufacturing Industry, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2026

Sep-2019 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-4737 | Report Format:

The report covers forecast and analysis for the ozone meter market on a global and regional level. The research report presents a comprehensive valuation of the market and contains thoughtful facts, insights, historical data, statistically backed and industry-validated market figures. It also cont...Read More

Request Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.