Base Year
Historical Year
Forecast Year
The global industrial gas regulator market size stood at a value of around USD 17.11 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.40% to reach USD 25.18 billion by 2032.
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Ideal for high temperature applications, stainless steel gas regulators can handle the pressure of acidic and corrosive gases efficiently. A high corrosion resistance of these regulators makes them favourable for harsh environments as compared to its counterparts.
Stainless steel gas regulators are recommended for laboratory and gas processing applications for environmental analysis purposes such as helium and hydrogen carrier gases. Over the forecast period, the rapid development of stainless steel gas regulators like the Parker 9000, for precision regulation in low gas applications is anticipated to propel the industrial gas regulator market growth.
At a regional level, the Asia Pacific is being driven by the growing demand from the end use industries. For instance, the increasing demand for power from the power generation sector in the emerging economies such as India is likely to propel the industrial gas regulator demand.
Over the forecast period, the rising investments aimed towards accelerating the development of automated industrial gas cylinder filling plants are anticipated to offer worthwhile opportunities for the gas regulator market. Moreover, China is estimated to be one of the largest suppliers of industrial gas regulators owing to the rising production and consumption of acetylene in the country. This is anticipated to witness a heightened demand in various end use industries.
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An industrial gas regulator is defined as a valve that is utilised to regulate the pressure of a gas system. It automatically cuts off the gas flow when it reaches a certain pressure. The configurations of industrial gas regulators can vary depending upon the industry in which it is applied.
Based on material, the market can be segmented into:
By regulator, the industrial gas regulator market has been bifurcated into:
On the basis of gas type, the market has been categorised into:
The significant end uses of the product include:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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There are increasing applications of gas regulators in the food and beverage industry to ensure safety, reduce the risk of contamination of gas in contact with food, and increase efficiency in food packaging operations involving gases. In addition, the increasing use of gases in the food industry for freezing and chilling, carbonation of drinks, and for controlling temperatures is further propelling the industrial gas regulator market growth.
In the coming years, the increasing adoption of efficient gas regulators in industries such as metallurgy and oil and gas, due to the growing use of corrosive and flammable gases, is anticipated to accelerate the market growth. Moreover, the rapid advancements in the manufacturing sector, such as the introduction of pressure regulation technology, and high-tech filtering and water carbonation technology, among others, is anticipated to provide impetus to the market.
The report gives a detailed analysis of the following key players in the global market for industrial gas regulators, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Material |
|
| Breakup by Regulator |
|
| Breakup by Gas Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
|
Industrial Gas Regulator Market Size
Industrial Gas Regulator Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market attained a value of nearly USD 17.11 million.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 25.18 billion by 2032.
The market is estimated to grow at a CAGR of 4.40% between 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the rising application of industrial gas regulators in the food and beverage industry, rising use of flammable and corrosive gases in various end use industries, and rising demand for stainless steel gas regulators.
The technological advancements in the manufacturing sector are likely to be the key trends in the market.
Brass and stainless steel are the are the different materials based on which the market has been bifurcated.
Single stage and dual stage are the segmentations of the market based on regulator.
Inert, toxic, and corrosive are the significant gas types included in the market report.
Food and beverages, pharmaceuticals, oil and gas, chemical, electric power, and metallurgy, among others are the different end uses of the product.
The major players in the industry are Emerson Electric Co., Linde plc, Airgas, Inc., Gulf Cryo Holding C.S.C, and Matheson Tri-Gas, Inc., among others.
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Australia
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+61 448 06 17 27
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+91-858-608-1494
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+63 287899028, +63 967 048 3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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