Regional markets: Focus on Middle East


Despite various examples of political upheaval in the region and economic headwinds across the globe, the future remains bright for the Middle East and North Africa (MENA) industrial gases market.

The region is attracting increased interest and investment in the core industrial sectors. Coupled with other investments in metals, glass and petrochemicals, the projected commercial gases market in the region is predicted – in a high growth scenario – to reach a value of $660m by 2020 (gasworld Business Intelligence).

Focusing here on the Middle East in particular, economic modernisation, the arrival of the multinationals, and the emergence of new industrial gas trends and technologies are driving change in this emerging market. The region is booming and remains one of the industry’s most promising markets, with potential across a range of end-user industries and opportunities in outsourcing.

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