The report "Gas Mixtures Market by Mixture Type (O2, N2, Co2, AR, H2, and Specialty Gas), End-Use Industry (Chemical, Medical & Healthcare, Food & Beverage, Electronics), Storage & Distribution Mode (Tonnage, Merchant Liquid), & Region - Global Forecast to 2020", the gas mixtures market size is estimated to grow from USD 28.20 Billion in 2015 to USD 36.76 Billion by 2020, at a CAGR of 5.44%. Factors such as increasing demand for electronic products and growing demand from the healthcare sector drive the gas mixtures market. However, high equipment costs and intricate manufacturing processes act as a restraint for the market. Growth of the chemical industry in the developing and under-developed regions provides an opportunity to the gas mixtures market to grow even further.
The merchant liquid distribution mode is projected to account for the largest market share in the gas mixtures market. Verticals such as tonnage distribution and cylinder & packaged distribution will be key growing distribution modes during the forecast period. The report also covers the geographic markets of gas mixtures. North America is estimated to have the largest market share, while Asia-Pacific is projected to grow at the highest CAGR from 2015 to 2020. The major vendors in the gas mixtures market include Linde Ag (Germany), Praxair Inc. (U.S.), Air Liquide S.A. (France), Airgas Inc.(U.S.) , Taiyo Nippon Sanso Corporation (Japan), Air Products and Chemicals Inc. (U.S.), and Iwatani Corporation (Japan).
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