June 7, 2021

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The low coronavirus case rate underscores California’s continued progress toward extinguishing the health crisis a week ahead of its planned reopening.

The massive operation based in San Diego, with cooperation of several countries, led to hundreds of arrests in Australia and Europe

Author asked that bill meant to prevent charter school fraud be removed from consideration for now

An all-new, 91,000 square-foot annex is part of what’s now known as Twenty by Six, a $34 million conversion of the properties at 450 B Street and 451 A Street in the city’s financial core

Government health officials have approved the first drug that they say may help slow Alzheimer’s disease

For millions of Americans, there’s an unwelcome side of the return to as usual after the pandemic: They’ll have to start repaying their student loans again.

All California employees for now will have to continue wearing masks at work virtually all the time regardless of vaccination status, according to revised COVID-19 safety rules just adopted by the California Occupational Safety and Health Standards Board (OSHSB).

State and national politics

A unanimous Supreme Court has ruled that thousands of people living in the U.S. for humanitarian reasons are ineligible to apply to become permanent residents

Vice President Kamala Harris has offered an optimistic outlook for improved cooperation with Guatemala on addressing the spike in migration to the U.S. But after her meeting with Guatemala’s president Monday, Harris also delivered a direct warning to migrants considering making the trek: “Do not come

The bill would roll back laws being passed by GOP state legislatures to limit early and mail-in voting and empower partisan poll watchers

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San Diego News Fix
For the third time in just over two years, San Diego federal Judge Roger Benitez has struck down California gun regulations. This time, it’s the state’s 30-plus-year ban on the ownership of assault weapons.

As part of The San Diego Union-Tribune’s effort to support local journalists, we awarded six grants last year for reporting on social justice issues.
The goal of the project was to present authentic voices of the racial and social justice movement in ways not otherwise seen in San Diego media.

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Surfer Timothy Fandey jumps off a jetty at Oceanside Harbor Beach.

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MIGRANT VOICES TODAY FILM COMPETITION

The Migrant Voices Today Film Challenge showcases diverse short-form films exploring loss, separation, current political realities and COVID-19’s effects on migrants, refugees and asylum seekers on a worldwide scale.

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Without U.S. protection, many believe that Afghans who worked for the United States military and even their remaining family members are in grave danger and should be evacuated.

Officials have quietly deployed a mobile app relying on facial recognition technology to collect data on asylum seekers before they cross the border.

Juan Manuel Alvarez-Inzunza is accused of laundering millions of dollars for the Sinaloa cartel

Thursday morning incident came amid rise in maritime smuggling attempts and hours after federal officials warned migrants against dangerous crossings

The number of migrants killed crossing the border in San Diego and Imperial counties so far this fiscal year has already surpassed last year’s total

Beloved by San Diego musicians, the all-ages music venue adjoined to Lestat’s Coffee House operated for nearly two decades

From Trolley Dances to ‘Rocky Horror’ here are the top events happening in San Diego from June 3 to June 6

The beer, returning in four-packs and on tap, was not available since the stay-at-home orders hit in December

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Industrial Gases Market to Reach USD 148.16 Billion in 2028, Expansion of Oil and Gas Industry to Augment Growth, says Fortune Business Insights™

Pune, India, June 08, 2021 (GLOBE NEWSWIRE) -- The global industrial gases market is set to gain traction from the high demand for crude oil and the urgent need to refine it for usage in various applications. At the same time, the expansion of the oil and gas industry would affect growth positively. As per the U.S. Energy Information Administration, the total imports of crude oil in 2019 were 6,801,000 barrels per day (b/d). Fortune Business Insights™ published this information in a report, titled, Industrial Gases Market Size, Share and COVID-19 impact Analysis, By Gas Type (Oxygen, Nitrogen, Carbon Dioxide, Hydrogen, Argon, and Others), By Application (Packaging, Coolant, Carbonation, Cryogenic, Cutting & Welding, Laboratory, Air Separation, and Others), By End User (Metallurgy, Healthcare, Chemical, Food and Beverages, Oil & Gas, Power, Pulp and Paper, Electronics, Water Treatment, Mining, and Others), and Regional Forecast, 2021-2028.” As per the report, the market size was USD 88.05 billion in 2020. It is projected to grow from USD 91.29 billion in 2021 to USD 148.16 billion in 2028 at a CAGR of 7.2% in the forecast period.

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COVID-19 Pandemic: Shutdown of Facilities and Unavailability of Laborers to Impact Growth

The COVID-19 pandemic has resulted in the unavailability of laborers and low demand for industrial gases from end-users because of the complete shutdown of manufacturing facilities and nationwide lockdown measures. Besides, the usage of crude oil has reduced drastically because of the pandemic, thereby creating very less prices of the same. Our research reports will help you overcome this situation by choosing the right strategy.

Segmentation-

Oxygen Segments Earned 28.4% Share in 2020: Fortune Business Insights™

Based on the gas type, the market is divided into oxygen, nitrogen, carbon dioxide, hydrogen, argon, and others. Out of these, the oxygen segment generated 28.4% in terms of the industrial gases market share in 2020. This growth is attributable to the increasing usage in a wide range of industries, such as petroleum, pharmaceuticals, ceramics, chemicals, and healthcare.

Report Coverage-

The report involved four notable activities in projecting the current size of this industry. Exhaustive secondary research was conducted to gather data about the parent and peer markets. Our next step included primary research to authenticate these sizing, assumptions, and findings with numerous industry experts. We have also used bottom-up and top-down approaches to calculate the market size.

Click here to get the short-term and long-term impacts of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/industrial-gases-market-101728

Drivers & Restraints-

Surging Investments in Electronics and Metallurgy Industries to Boost Growth

Rising investments in electronics, metallurgy, food & beverages, and mining & metal sectors, especially in developing countries worldwide are set to propel the industrial gases market growth in the upcoming years. According to the World Investment Report 2018, for instance, in 2017, Asia Pacific invested approximately USD 476 billion of inflow from foreign direct investment. It was primarily focused on Singapore and China. However, the transportation, storage, and manufacturing of industrial type of gases revolve around numerous stringent governmental norms. It may hamper growth.

Regional Insights-

Increasing Urbanization and Industrialization to Help Asia Pacific Grow Significantly

Geographically, Asia Pacific held USD 28.31 billion in terms of revenue in 2020. This growth is attributable to the increasing industrialization and urbanization. Besides, the surging usage of this type of gases in the power, oil & gas, and healthcare industries is set to drive growth. Europe, on the other hand, is anticipated to grow because of the expansion of the food & beverage industry. Additionally, the high demand from the pharmaceutical industry would spur growth in this region.

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Competitive Landscape-

Key Participants Focus on Gaining New Contracts to Supply Their In-house Products

The market contains numerous renowned companies that are persistently striving to gain a competitive edge. Most of them are focusing on bagging new contracts from reputed organizations for providing their in-house industrial gases. Below are the two latest industry developments:

  • March 2021: Echo Energy Plc won two new contracts for selling industrial gases at considerable premiums. Both contracts have a timeline of 12 months and the company will begin selling gases from May 2021.
  • April 2020: Air Liquide signed 11 new agreements with its industrial merchant customers. It would supply hydrogen, oxygen, and nitrogen for 10 years to its customers. This way, the company will be able to compete in the market.

A list of prominent manufacturers operating in the global market:

  • Air Liquide (France)
  • Air Products (United States)
  • Linde (Ireland)
  • Matheson Tri-Gas (United States)
  • Messer Group (Germany)
  • Gulf Cryo (Kuwait)
  • BASF (United States)
  • Southern Company Gas (United States)
  • Universal Industrial Gases (United States)
  • Ellenbarrie Industrial Gases Ltd (India)
  • Bhuruka gases ltd (India)
  • Concorde-Corodex Group (UAE)
  • Dubai Industrial Gases (UAE)
  • Bristol Gases (UAE)

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Table of Content

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Emerging Trends – For Major Countries
    • Latest Technological Advancement
    • Regulatory Landscape
    • Industry SWOT Analysis
    • Porters Five Forces Analysis
  • Qualitative Analysis – Impact of COVID-19
    • Impact of COVID-19 on the Industrial Gases Market
    • Steps Taken by the Government to Overcome the Impact
    • Key Developments in the Industry in Response to COVID-19
    • Potential Opportunities and Challenges due to COVID-19 Outbreak
  • Global Industrial Gases Market Analysis (USD Billion), Insights and Forecast, 2017-2028
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Gas Type
      • Oxygen
      • Nitrogen
      • Carbon Dioxide
      • Hydrogen
      • Argon
      • Others
    • Market Analysis, Insights and Forecast – By Application
      • Packaging
      • Coolant
      • Carbonation
      • Cryogenic
      • Air Separation
      • Cutting & Welding
      • Laboratory
      • Others
    • Market Analysis, Insights and Forecast – By End-User
      • Metallurgy
      • Healthcare
      • Chemical
      • Food & Beverage
      • Oil & Gas
      • Power
      • Pulp and Paper
      • Electronics
      • Water Treatment
      • Mining
      • Others
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Latin America
      • Europe
      • Asia Pacific
      • Middle East and Africa
  • North America Industrial Gases Market Analysis (USD Billion), Insights and Forecast, 2017-2028
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Gas Type
      • Oxygen
      • Nitrogen
      • Carbon Dioxide
      • Hydrogen
      • Argon
      • Others
    • Market Analysis, Insights and Forecast – By Application
      • Packaging
      • Coolant
      • Carbonation
      • Cryogenic
      • Air Separation
      • Cutting & Welding
      • Laboratory
      • Others
    • Market Analysis, Insights and Forecast – By End-User
      • Metallurgy
      • Healthcare
      • Chemical
      • Food & Beverage
      • Oil & Gas
      • Power
      • Pulp and Paper
      • Electronics
      • Water Treatment
      • Mining
      • Others
    • Market Analysis, Insights and Forecast – By Country
      • U.S.
      • Canada

TOC Continued.

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https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/industrial-gases-market-101728

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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