The industrial gas supply chain is comprised of several key processes essential for generation, transport, and delivery. As methods of distribution, transport and delivery allow for industrial gases to reach end-users to supplement a range of industries from medicine, fuel, food, and more.
Most gases are delivered to companies in the form of gas cylinders. The bulk supply of gas plays a key role in the industrial gas supply chain, representing up to 29% of revenues in 2020, according to gasworld Business Intelligence. Equating to roughly $21.2bn of revenue, bulk gas distribution played a major role in a global commercial industrial gases business worth around $74.2bn in 2020. An international market, gasworld also estimates that around 30% of industrial gas revenues were delivered in bulk form in North America and Western Europe.
Bulk supply was also seen to account for as much as 23% of industrial gas revenues in the African continent ($270m) and around 28% ($520m) in Eastern Europe. In Oceania, bulk gas supply was estimated to account for around 25% of industrial gas revenues ($300m), down 5% compared to 2015. Emerging industrial gas economy South America represents the highest figure of all the regional markets at 34% ($730m), with South Asia not far behind, accounting for 33% of the market revenue ($540m).
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