Industrial Gas Handling Equipment Market: Introduction

  • Industrial gas handling equipment is a part of the material handling and maintenance sector in the manufacturing industry. These equipment are widely used to protect industrial workers and environment by reducing the hazard of gas leakage. Some of the major gas handling equipment used in the industry includes safety cabinets, containers, drum handling equipment, smoking receptacles, and environmental spill containment products. It is embedded with effective emergency treatment, such as safety showers and gas storage equipment, to avoid injuries and devastating accidents. The factors mentioned above are expected to boost the industrial gas handling equipment market during the forecast period.

Key Drivers and Opportunities of the Global Industrial Gas Handling Equipment Market

  • The industrial gas handling equipment market has been expanding for the last few years due to safety and security standards implemented across the industrial sector. The industrial gas handling equipment market is projected to expand significantly due to an increase in use of gases in healthcare & medical, chemical, metal fabrication, mining, and oil & gas sectors. Thus, stringent norms for using safety handling equipment, expansion of the industrial sector, reduced trading barrier, multipurpose use, and rising awareness about industrial gas handling equipment among industrial companies are major factors that are projected to propel the global industrial gas handling equipment market during the forecast period.
  • Increase in the implementation of total productive maintenance and good practices in different industries are anticipated to drive the global industrial gas handling equipment market during the forecast period
  • However, a major challenge for the global industrial gas handling equipment market is the ignorance about industrial gas handling among industries. This is expected to hamper the industrial gas handling equipment market during the forecast period.
  • New product development in industrial gas handling equipment and collaboration of market players with manufacturers are expected to create significant opportunities for the industrial gas handling equipment market during the forecast period

North America and Europe to Hold Major Share of Global Industrial Gas Handling Equipment Market

  • In terms of region, the global industrial gas handling equipment market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America and Europe are expected to hold a major share of the global industrial gas handling equipment market during the forecast period due to the expansion of the industrial sector and stringent government rules and regulations in these regions

Key Players Operating in Global Industrial Gas Handling Equipment Market

  • Air Products Ireland Ltd.
  • Applied Energy Systems, Inc.
  • Colfax Corporation
  • GCE Holding AB
  • Globe Gas Equipments Industry Pvt. Ltd.
  • Iwatani Corporation
  • Justrite Mfg. Co., L.L.C.
  • Messer Group GmbH
  • Praxair Inc.
  • Taiyo Nippon Sanso Corporation

Global Industrial Gas Handling Equipment Market: Research Scope

Global Industrial Gas Handling Equipment Market, by Gas Type

  • Acetylene
  • Argon
  • Carbon Dioxide
  • Helium
  • Hydrogen
  • Oxygen
  • Mixture Gases
  • Others (Krypton, Neon, etc.)

Global Industrial Gas Handling Equipment Market, by Product Type

  • Handling Trucks
  • Storage Stands And Process Station
  • Carts And Mobile Stands
  • Support Brackets
  • Cylinder Locker
  • Barricades Racks
  • Flow Devices
  • Regulators
  • Purifiers & Filters
  • Others (Gas Generators, Gas Detection System, etc.)

Global Industrial Gas Handling Equipment Market, by End-use Industry

  • Aerospace & Aircraft
  • Automotive & Transport
  • Chemicals
  • Electronics
  • Food & Beverages
  • Healthcare
  • Metal Production
  • Pharmaceuticals
  • Others (Refining, Welding and Metal Fabrications, etc.)

Global Industrial Gas Handling Equipment Market, by Distribution Channel

  • Direct
  • Indirect

Global Industrial Gas Handling Equipment Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.

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Industrial Gas Handling Equipment Market