Global Industrial Gases Market to Reach $130.3 Billion by 2027
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- In the changed post COVID-19 business landscape, the global market for Industrial Gases estimated at US$90.2 Billion in the year 2020, is projected to reach a revised size of US$130.3 Billion by 2027, growing at a CAGR of 5.4% over the analysis period 2020-2027.
- The U.S. Market is Estimated at $24.8 Billion, While China is Forecast to Grow at 9.1% CAGR
The Industrial Gases market in the U.S. is estimated at US$24.8 Billion in the year 2020. - China, the world`s second largest economy, is forecast to reach a projected market size of US$26.8 Billion by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027.
- Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$17.3 Billion by the year 2027.