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NEW YORK , Sept. 27, 2022 /PRNewswire/ -- The "Industrial Gas Regulator Market by Technology (Single-stage and Dual-stage) and Geography (APAC, Europe , North America , Middle East and Africa , and South America ) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the industrial gas regulator market size between 2021 and 2026 is USD 2.39 billion . To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report
The increasing applications of natural gas in North America , Europe , China , and Japan are driving the industrial gas regulator market growth. Industrial gas regulators are used in storage tanks, natural gas pipelines, and transportable cylinders for the safe and secure flow of gases. The production of natural gas has been growing steadily, with the rise in demand for clean energy. The increasing production of natural gas in the US is attributed to factors such as the expansion of natural gas pipeline infrastructure in Mexico and Canada . Moreover, China is extensively investing in the distribution of natural gas, which has propelled the demand for natural gas. This, in turn, will drive market growth during the forecast period.
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By technology, the single-stage segment will contribute to market growth during the forecast period. Single-stage gas regulators are used in applications that required gas for a short period. In addition, there has been a consistent rise in the installed base of air separation plants across process and discrete manufacturing industries. This will fuel the demand for single-stage industrial gas regulators as air separation plants.
By geography, APAC will be the leading region with 41% of the market's growth during the forecast period. China and Japan are the key countries for the industrial gas regulator market in APAC. This growth is attributed to factors such as the growing population and the rising demand for processed food. Moreover, market growth in this region will be faster than the growth of the market in other regions.
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Air Liquide SA, Air Products and Chemicals Inc., Bellofram Group of Companies, Bronkhorst High Tech B.V., Cavagna Group Spa, Colfax Corp., Deluxe Industrial Gases, Dipak Enterprise, Emerson Electric Co., Genstar Technologies Co., Greggersen Gasetechnik GmbH, Honeywell International Inc., Itron Inc., Linde Plc, Maxitrol GmbH and Co. KG, Pietro Fiorentini Spa, Rotarex, Tesuco, The Lincoln Electric Co., Xylem Inc., among others, are the main players in the market. The key offerings of some of these vendors are listed below:
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Industrial Gas Regulator Market Scope
Accelerate at a CAGR of 3.48%
APAC, Europe, North America, Middle East and Africa, and South America
US, China, Japan, Germany, and UK
Leading companies, competitive strategies, consumer engagement scope
Air Liquide SA, Air Products and Chemicals Inc., Bellofram Group of Companies, Bronkhorst High Tech B.V., Cavagna Group Spa, Colfax Corp., Deluxe Industrial Gases, Dipak Enterprise, Emerson Electric Co., Genstar Technologies Co., Greggersen Gasetechnik GmbH, Honeywell International Inc., Itron Inc., Linde Plc, Maxitrol GmbH and Co. KG, Pietro Fiorentini Spa, Rotarex, Tesuco, The Lincoln Electric Co., and Xylem Inc.
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period.
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