Asia Pacific specialty gas market is expected to reach at a CAGR of 9.2% in the forecast period of 2019 to 2026. The market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Market Segmentation

By Type (HighPurity Gases, Noble Gases, Carbon Gases, Halogen Gases and Others), Application (Manufacturing, Electronics, Healthcare, Academics, Analytical & Calibration, Refrigeration and Others), Ingredients (Argon, Bromine, Nitrogen, Helium, Carbon Monoxide, Xenon, Methane, Krypton
Oxygen, Neon, Hydrogen and Others), Country (China, Japan, Australia, South Korea, India, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia Pacific)

Major growing sectors under the market segmentation are as follows;

Based on type, high purity gas is expected to record the fastest growth during the forecast period of 2019-2026, witnessing highest CAGR among all. This is majorly due to the heavy demand from various applications such as research and calibrations, which requires heavy purity level for the specialty gases.

Based on application, electronics segment is expected to record the fastest growth during the forecast period of 2019-2026, witnessing highest CAGR among all. This is majorly due to the steadily growing electronic industry worldwide, and high penetration of specialty gases into the electronics application.

Based on Ingredient, argon is expected to record the fastest growth during the forecast period of 2019-2026, witnessing highest CAGR among all. This is majorly due to the wide applicability of Argon and low price as compared to the other high cost specialty gasses such as bromine.

Key Market Players

The key market players for Asia-Pacific specialty gas market are listed below;

The Linde Group
Air Liquide
Southern Industrial Gas Sdn Bhd
Air Products and Chemicals Inc.
Praxair Technology, Inc.
Showa Denko K.K.
Messer Group Gmbh
Mitsui Chemicals, Inc.
TAIYO NIPPON SANSO CORPORATION