High Purity Gas Market Is Expected To Exhibit Significant Growth Over 2030
High Purity Gas Market Is Expected To Exhibit Significant Growth Over 2030
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The global high purity gas market is anticipated to grow at a CAGR of 6.2% during the forecast period (2022-2028). The semiconductor industry is vast and continues to grow every year, which signifies the demand for high purity gases will grow alongside it. Having a supply of high purity gases is important to semiconductor manufacturing especially when it comes to advanced technologies used in the electronic sector such as smartphones, laptops, and the automotive sector such as self-driving cars. The process of producing integrated circuits is complex and requires various gasses throughout all the stages which demand the use of different gases.
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The global high purity gas market is segmented based on product, function, and end-user industry. Based on product, the market is classified into high atmospheric gases and others. Based on function, the market is classified into insulation, illumination, and cooling. Based on the end-user industry, the market is classified into metal production, oil and gas, chemical, electronics, medical & healthcare, food & beverage, aerospace, automotive, and others.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global High Purity Gas Market Report by Segment
By Product
- High Atmospheric Gases
- Noble Gases
- Carbon Gases
- Others (Halogen, Chlorine, and Fluorine)
By Function
- Insulation
- Illumination
- Cooling
By End-User Industry
- Oil & Gas
- Chemical
- Electronics
- Medical & Healthcare
- Food & Beverage
- Aerospace
- Automotive
- Others
Global High Purity Gas Market Report by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global high purity gas market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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