2014-02-24 17:33:02 - Analyzing the Market for Industrial Gases in China - a new market research report on companiesandmarkets.com
China currently accounts for almost 15% of the Asia-Pacific industrial gases market. The merchant gases (liquefied, tank delivery) segment was the market´s most lucrative in 2011, followed by the merchant gases (cylinder delivery) segment. In recent years, the Chinese economy has developed rapidly and being one of the three elements of basic industries, industrial gases guarantee the development of economy. The industrial gas market in China is regarded as one of the most robust markets, with an annual average growth of the output value of 65% in past five years, while 12% in world market.
The Chinese industrial gas market is characterized by the presence of large, diversified international companies. The presence of such powerful incumbent acts as a significant barrier
to entry and the need for substantial initial investment to set up high volume production plants also reduces the threat of new companies establishing themselves in this market. The global industrial gases market witnessed a decline in value in 2010, owing to the worldwide economic slowdown. The year 2011 however, saw the market rebound with the help of economic stimulus plans which spurred many industrial and construction projects, further increasing the demand for incumbents´ products.
Praxair Inc., Air Liquide SA, Taiyo Nippon Sanso Corporation and Air Products and Chemicals Inc. are the biggest players in the market at the moment. The industrial gas sector is very different from other types of manufacturing processes because many of its raw materials are basically extracted from the atmosphere. Companies engaged in the supply of raw materials to the industrial gas market are few in number, thereby allowing them to exert significant supplier power when negotiating on price.
Aruvians Rsearch analyzes the industrial gas industry in China in its research report Analyzing the Market for Industrial Gases in China. The report is a complete coverage of this industry as we analyze the market through an industry overview, an analysis of the industry value, a look at the industry segmentation by products and by geography, among other factors.
We also include an in-depth analysis of the competition in the Chinese industrial gases market, which is followed by the analysis of the major industry players such as Praxair, Air Liquide, amongst others. The players are analyzed through a corporate profile, an analysis of their business segments, a financial analysis, and a SWOT analysis.
A future perspective of the industry gases market in China is included in the report, with forecast ranging from 2011 till 2016.
Aruvians´ research report on the Industrial Gases Market in China is a comprehensive analytical presentation on the subject.
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