Incorporating: Colorado, Idaho, Montana, Utah and Wyoming.
Within the 2019-2024 timeframe, gasworld business intelligence predict growth from 3.1% p.a. in a low scenario to 3.7% p.a. in a high scenario. Accordingly, the industry in the Mountains is expected to achieve revenues of between $752m to $755m by 2024.
The Mountains region was home to the smallest industrial gas market in the US. The region’s industrial gas market generated revenues of approximately $645m in 2019. This was up from $441m in 2009, indicating an average annual growth rate of 4.7% p.a. for the decade.
The Mountain’s economic performance experienced an upturn in the lead up to the financial crisis of 2008-09, before declining by 3.7% in 2009. However, the region has since been in a period of economic growth, with a growth rate of 4.9% in 2019.
Report Data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential
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