Having just returned from gasworld’s Asia-Pacific Industrial Gas Conference 2018 in Kuala Lumpur, Malaysia, the sense of optimism for the region as a whole – let alone particular pockets of high growth – was exuded throughout the event and the many conversations within it.
Argon demand has been growing very strongly over the past few years with key markets like fabricated metals, stainless steel, and electronics showing solid growth as the US economy improved and President Donald Trump’s tariffs on foreign steel assisted US steel industry growth.
Since early 2017, helium supply has fluctuated from a slight surplus from the large Qatar 2 production fully onstream, to in-balance with the logistics disruption of the Qatar blockage in June 2017, to tight supply beginning spring 2018 when a series of planned and unplanned outages affected major global supply ...
In 2017, the South Pacific gases market was valued at approximately $3.3bn. This total covers the South East Asian markets of the Philippines, Singapore, Malaysia, Thailand, Indonesia, Vietnam, Laos and Cambodia.
When we profiled the North Pacific industrial gases business last year, we noted how in 2016 the region had for the first time in history eclipsed the size of the European market to become the second-largest industrial gas market in the world, at a value of almost $18bn.
Incorporating Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia.
In the latest instalment of its regional markets series, gasworld Business Intelligence provides a snapshot of activity in the Mid-Atlantic industrial gas market, including Delware, Maryland, New Jersey, New York and Pennsylvania.
Incorporating Michigan, Illinois, Indiana, Wisconsin and Ohio, with gasworld Business Intelligence.
Kansas, Missouri, Nebraska, Iowa, Minnesota, North Dakota and South Dakota in focus with gasworld Business Intelligence.
At the time of writing, the Central Asia region is understood to be in a situation of economic flux. Having been benefiting from modestly rising oil prices, benign global financing conditions and solid growth in the Euro Area, a June 2018 report from the World Bank described momentum easing in ...
In 2016, the Middle East industrial gases business generated revenues of $2.3bn, up from $875m in 2006, indicating an impressive average annual growth rate of just under 10%, in-keeping with the region’s wide reputation as one of the key emerging markets for the industry.