The Business Research Company’s Industrial Gases For Plastic & Rubber Industry Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Industrial Gases For Plastic & Rubber Industry Global Market Report 2023 evaluates industrial gases for plastic & rubber industry market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global industrial gases for plastic & rubber industry market size is expected to grow from $6.50 billion in 2022 to $6.92 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global industrial gases for plastic & rubber industry is expected to reach $8.79 billion in 2027 at a CAGR of 6.2%.
The growth in infrastructural development activities is expected to propel the growth of the industrial gases for the plastic and rubber market going forward. Infrastructure development provides essential foundational services to encourage economic expansion and quality of life. Governments across the world are increasing their spending on infrastructure development. Thus, the demand for rubber and plastic components increases with infrastructure development since those components are widely used in infrastructure activities. For instance, in February 2021, according to the global infrastructure outlook by G20 nations, an Australia-based government economic program, global spending on infrastructure increased from USD 2.1 trillion in 2010 to USD 2.8 trillion in 2021 and is expected to increase to USD 3.3 trillion by 2030. As a result, the growth in infrastructural development activity is propelling the growth of the industrial gases for plastic & rubber industry market.
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The industrial gases for plastic & rubber industry market segments in the report are:
1) By Gas Type: Nitrogen, Carbon Monoxide, Carbon Dioxide
2) By Storage and Distribution and Transportation: Cylinder and packaged gas distribution, Merchant liquid distribution, Tonnage distribution
3) By Process: Injection molding, Extrusion, Foaming, Blow moulding
4) By End-Use: Plastic Industry, Rubber Industry
The table of contents in TBRC’s industrial gases for plastic & rubber industry market report includes:
1. Executive Summary
2. Industrial Gases for Plastic and Rubber Industry Market Characteristics
3. Industrial Gases for Plastic and Rubber Industry Market Trends And Strategies
4. Industrial Gases for Plastic and Rubber Industry Market – Macro Economic Scenario
5. Industrial Gases for Plastic and Rubber Industry Market Size And Growth
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26. Africa Industrial Gases for Plastic and Rubber Industry Market
27. Industrial Gases for Plastic and Rubber Industry Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Gases for Plastic and Rubber Industry Market
29. Industrial Gases for Plastic and Rubber Industry Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Air Products and Chemicals Inc
- Airgas Inc
- Messer Group
- Novomer Inc
- Praxair Inc
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