Specialty Gases is Sunrise Industry in Battle Against Climate Change
The domain of specialty gases market is so niche that many people are unaware of the growing potential. Business Wire a reporting arm of the fabled Berkshire Hathaway Group has distributed the latest findings by Research and Markets of forecasting trends in the Specialty Gas Market for the period 2016 to 2021.
Defining Specialty gases
These gases are produced of extremely high quality in which any impurity is almost eliminated. This is done for laboratory analysis that requires pure and untainted gases for qualitative work. These gases are termed as specialty gases. They consist of range gases of high purity as well as minor gases. They can be among others carbon gases, halogen gases, noble gases, Argon, Xenon, Krypton — all of them possess unique characteristics and properties and using them in lab analysis require that gases are of high purity.
Where is the demand for specialty gases coming from
Major applications are witnessed in
• Laser applications
• Chemicals
• Semiconductor device applications
• Photovoltaic
• Lighting industry with low voltage technology
• flat panel display in electronics
• calibration of test instruments for lab and academic work
• automotive industry in the area of catalytic converters among others
These applications are geared to having a major impact in the
• Electronics
• health care
• and energy industries
Market growing phenomenally
Particular demand in the area of health care in the treatment of patients in hospitals is registering rising demand for nitrous oxide, nitrogen, carbon dioxide, oxygen and several other gases.
Specialty gas suppliers are mostly concentrated in North America and Europe due to the demand for calibration gases in the research domain. In these markets the rate of growth is estimated at 6.1% CAGR (compounded annual growth rate). These markets account for nearly 35% market share. Asia Pacific’s requirements are rising rapidly with the two most populous nations China and India driving the market particularly in the manufacturing and health care industries. The market is growing at over 8%CAGR with China consuming specialty gases in the manufacturing sectors. Overall the global market is expected to consume over 23 billion dollars worth of Specialty gases by 2020.
Among the leading Specialty Gas Suppliers are
• Praxair Incorporated (U.S.)
• American Air Liquide Holdings, Inc.
• Analytical Specialties, Inc.
• Peus-Instruments Gmbh
• Tmc Fluid Systems, Inc.
• MESA Specialty Gases
• Toc Systems, Inc.
• Silica VerfahrenstechnikGmbh
• BuchiLabortechnik Agamong others
How specialty gases are used in climate change analysis
Specific mention of energy industries is important considering carbon emissions and the urgent need to reduce greenhouse gas and keep global warming rise to under 2 degrees Centigrade in light of the Paris talks on Climate Change (Dec 2015 COP21). Speciation analysis (the separation and quantification of several chemical forms of a specific element) legislation is a certainty in the EU and America that will boost the consumption of calibration gas-mixture standards to very high levels. As the rest of the world follow, speciation analysis of almost all substances such as nitrogen, benzene, toluene and other VOCs (volatile organic compounds) is bound to happen to determine the level of pollution and how it can be mitigated.
