The specialty gases market is expected to grow at a CAGR of 7% during the forecast period. Booming pharmaceutical and healthcare sectors, drivers.2, and drivers.3 are some of the significant factors fueling specialty gases market growth.
Booming pharmaceutical and healthcare sectors
Market definition
Specialty gases are a class of high-purity gases that require precise blending of component gases in a gas mixture. To obtain high quality with minimal impurities, specialized preparation methods and laboratory analysis are incorporated to quantify the component gases within the mixture of gases. High-tech production processes, instrumentation, and analytical measurements require fewer and lower impurities for minimal interference in the process. Specialty gases are generally used in their purest form.
Preface
Objectives
To provide actionable intelligence alongside the market size of various segments
To detail the major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues)
To determine the geographic breakdown of the market in terms of detailed analysis and impact
To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments
To track the competitive landscape of the market
Notes and caveats
Market size has been derived based on demand.
Market forecast does not take inflation into consideration.
Selling price has been considered for market analysis. Selling price refers to the price at which manufacturers or service providers sell their products or services.
