The New England report
In the last instalment of the regional markets series for this calendar year, we explore the dynamics in the New England industrial gas market, with gasworld Business Intelligence.
This is a region that has observed relatively low and steady economic growth since 2000, but has also posted more robust growth in recent years, with a strong rate of 3.6% witnessed in 2016 for example.
As a gas market, similar rates of annual growth have been seen. The New England region is home to the second-smallest industrial gas market in the US, generating revenues of approximately $875m in 2016, but these had risen from a base of $610m in 2006, demonstrating an average annual growth rate of 3.7% per annum (p.a.) for the decade.
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