Liquid Gases Market Growth Trends and Competitive Analysis 2023-2029

Liquid Gases Market Value and CAGR

The liquid gas market refers to the industry that produces and sells gases that are in a liquid state at room temperature and standard pressure. These gases include liquefied natural gas (LNG), liquefied petroleum gas (LPG), liquid oxygen, liquid nitrogen, and liquid helium.

The demand for liquid gases has been increasing due to their widespread use in various industries, including healthcare, energy, and transportation. For example, LNG is used as a cleaner fuel in transportation and as a feedstock in the chemical industry. LPG is used as a cooking fuel and in heating systems. Liquid nitrogen is used in food preservation, medical cryogenics, and semiconductor manufacturing. The liquid gas market is expected to grow cleaner fuels and the growing use of liquid gases in the healthcare sector. However, the market is also subject to price fluctuations due to supply and demand imbalances, as well as geopolitical factors.

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Liquid Gases Market Growth Drivers and Risks

Growth:

Increasing demand for cleaner fuels: The demand for cleaner fuels is increasing due to rising environmental concerns, and liquid gases such as LNG and LPG are considered cleaner alternatives to traditional fossil fuels.

Growth in the healthcare industry: Liquid gases such as liquid oxygen and nitrogen are widely used in the healthcare industry for various medical applications, such as cryotherapy and respiratory therapy. The growth of this industry is expected to boost the demand for liquid gases.

Risks:

Volatility in oil and gas prices: The prices of liquid gases are often linked to the prices of oil and gas, which are subject to volatility due to geopolitical factors and supply and demand imbalances.

Supply chain disruptions: The production and distribution of liquid gases can be affected

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Liquid Gases Market Keyplayers

Air Liquide

Bangkok Industrial Gas Co., Ltd.

AMCS Corporation

Linde plc

Air Products and Chemicals, Inc.

MESSER

Asia Industrial Gases Pte. Ltd.

NIPPON SHOKUBAI CO., LTD.

SASOL

SABIC

Liquid Gases Market Segmentations

• Segment by Type

Liquid Nitrogen

Liquid Oxygen

• Segment by Application

Liquid Argon

Table of content

1 INTRODUCTION 16

1.1 OBJECTIVES OF THE STUDY 16

1.2 MARKET DEFINITION 16

1.3 OVERVIEW OF SOUTHEAST ASIA LIQUID GASES MARKET 16

1.4 LIMITATION 17

1.5 MARKETS COVERED 17

2 MARKET SEGMENTATION 20

2.1 MARKETS COVERED 20

2.2 GEOGRAPHICAL SCOPE 21

2.3 YEARS CONSIDERED FOR THE STUDY 22

2.4 CURRENCY AND PRICING 22

2.5 DBMR TRIPOD DATA VALIDATION MODEL 23

2.6 MATERIAL LIFE LINE CURVE 26

2.7 MULTIVARIATE MODELING 27

2.8 SOUTHEAST ASIA LIQUID GASES MARKET PRODUCT LIFE LINE CURVE 27

2.9 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 28

2.10 DBMR VENDOR POSITIONING GRID 29

2.11 DBMR MARKET CHALLENGE MATRIX 30

2.12 DBMR VENDOR SHARE ANALYSIS 31

2.13 SECONDARY SOURCES 32

2.14 ASSUMPTIONS 32

3 EXECUTIVE SUMMARY 33

4 PREMIUM INSIGHTS 35

4.1 PESTLE ANALYSIS 36

4.1.1 POLITICAL FACTORS 36

4.1.2 ECONOMIC FACTORS 37

4.1.3 SOCIAL FACTORS 37

4.1.4 TECHNOLOGICAL FACTORS 37

4.1.5 LEGAL FACTORS 37

4.1.6 ENVIRONMENTAL FACTORS 37

4.2 IMPORT EXPORT SCENARIO 38

4.3 PRODUCTION CONSUMPTION ANALYSIS 39

4.4 SUPPLY CHAIN ANALYSIS 40

4.4.1 OVERVIEW 40

4.4.2 LOGISTIC COST SCENARIO 40

4.4.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 41

5 MARKET OVERVIEW 42

5.1 DRIVERS 44

5.1.1 GROWTH IN THE FOOD PACKAGING INDUSTRY 44

5.1.2 GROWING USE OF RESPIRATORY TREATMENT IN THE MEDICAL SECTOR 44

5.1.3 IMPROVEMENT IN THE AEROSPACE AND DEFENSE SECTOR 45

5.2 RESTRAINT 46

5.2.1 EXTENSIVE EXPENDITURE IS REQUIRED FOR THE OPERATION AND MAINTENANCE OF LIQUID GASES 46

5.3 OPPORTUNITIES 46

5.3.1 RISING SPENDING ON CRYOTHERAPY IN THE BIOMEDICAL SECTOR 46

5.3.2 INCREASING AWARENESS TOWARDS THE USE OF ALTERNATIVE SOURCES TO PRODUCE LIQUID GASES 47

5.4 CHALLENGES 47

5.4.1 LOGISTIC ISSUES ASSOCIATED WITH PRODUCT MOVEMENT FROM MANUFACTURERS TO BUYERS 47

5.4.2 RISK OF EXPLOSION AND OTHER ISSUES ASSOCIATED WITH LIQUID GASES 48  

Toc Continue………………………..

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