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regional-markets-focus-on-south-pacific-rim
regional-markets-focus-on-south-pacific-rim

Regional markets – Focus on South Pacific Rim

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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.

There are many players in the region, our models identifying at least 29 well-known international and local companies. The two most prominent players are Linde and Air Liquide, with respective market shares of 27% and 25%. This equates to approximately $898m and $814m in revenues. The next closest company in the region is Air Products with a market share of 11%. Taiyo Nippon Sanso (TNSC) isn’t far behind and has a mentionable market share of 10%.

A domestic player in the region, Aneka/Samator, has around 5% of the market share. Praxair has a presence in South East Asia too, but its market share is not that significant at just 4%. Messer is also active in South East Asia, but has an even smaller market share of 1%. The remaining market share in the region is made up of relatively small local independent producers and distributors, with no company exceeding 2% in its market share.

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