keyboard_arrow_up

Industrial Gases for Plastic & Rubber Industry Market worth 6.31 Billion USD by 2020

The report "Industrial Gases for Plastic & Rubber Industry Market by Gas Type (Nitrogen, Carbon Monoxide, Carbon Dioxide, Others), Process (Injection Molding, Extrusion, Foaming, Blow Molding), Storage & Distribution and Transportation, End Use - Global Forecast to 2020", The industrial gases for the plastic & rubber industry size is estimated to grow from USD 4.89 Billion in 2015 to USD 6.31 Billion by 2020, at a CAGR of 5.24% from 2015 to 2020. The global industrial gases for the plastic & rubber industry is driven by factors such as strong growth in the beverage, automobile, packaging, construction, and manufacturing sectors among others. Advancements in terms of product innovations and technologies in the market are expected to create strong investment opportunities.

Browse 165 market data Tables and 52 Figures spread through 197 Pages and in-depth TOC on "Industrial Gases for Plastic & Rubber Industry Market - Global Forecast to 2020"

Speak to Analyst for more info: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=102582424

Nitrogen to be the largest market segment of industrial gases for plastic & rubber industry during the forecast period

Nitrogen is projected to contribute the largest market share during the forecast period. Gases such as carbon dioxide and carbon monoxide have wide applications in the beverage, automobile, packaging, healthcare, and construction sectors. The nitrogen segment is projected to be the fastest-growing market, and is expected to grow at the highest CAGR in the next five years. Nitrogen is widely used in industrial and manufacturing applications for the purposes of purging, inerting, sterilizing, tank blanketing, and flushing.

Injection molding is the fastest-growing segment due to wide application in manufacturing process

Industrial gases for the plastic and rubber industry, by process, is segmented into four process, namely, injection molding, extrusion, foaming, and blow molding. Injection molding accounted for the largest market share in 2014 and is the most widely used method for processing plastic and rubber into end products. The high versatility and application of injection molding makes it the fastest market during the forecast period.

China is expected to attain the largest market share in the Asia- Pacific industrial gases for the plastic & rubber industry

China is expected to have the largest market share and dominate the Asia- Pacific industrial gases for the plastic & rubber industry from 2015 to 2020. China, the largest manufacturer and supplier of industrial gases for the plastic & rubber industry, exhibits high potential growth opportunities. The key driver for this market is the rapidly growing Chinese industries such as manufacturing, electrical & electronics, automobile, and healthcare industries along with the growing construction market.

The major players include The Linde Group (Germany), Air Liquide S.A. (France), Praxair Inc. (U.S.), Air Products and Chemicals Inc. (U.S.), and Airgas Inc. (U.S.). Companies have adopted inorganic growth strategies such as acquisitions to cope with the increasing demand in the emerging markets.

The scope of the report covers detailed information regarding the major factors influencing the growth of the industrial gases for the plastic & rubber industry such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, and recent developments associated with the market.

Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=102582424

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com