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the-southwest-report
the-southwest-report

The Southwest Report

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The Southwest is the third-largest regional industrial gas market in the US, falling behind the Southeast and the West Coast, with revenues of approximately $3.43bn in 2018. This is up from just under $2.43bn in 2008, indicating a compound annual growth rate of 3.5% per annum (p.a.). The Southwest is also home to the largest onsite supply market in the US.

Commercial gases market

The majority of commercial revenue in the Southwest was generated through supply scheme contracts, due to the extensive pipeline infrastructure along the Gulf Coast. Total OSP revenues were $1.88bn in 2018. Packaged gas sales accounted for just over a fifth of commercial revenue ($808.6m), with revenue from bulk liquid supply accounting for $668.2m.

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