The commercial industrial gas market generated revenues of just under $550 million in 2015. This is up from $470 million in 2005, indicating an average annual growth rate of 1.5% p.a.
The industrial gas market in Sweden is dominated by AGA AB, a member of the Linde group, who control a market share of around 65%. Of the other major international companies, both Air Liquide and Praxair (through their partnership with Yara – Yara Praxair) operate in Sweden.
Going forward, gasworld business intelligence forecast strong growth being driven by added capacity, increased demand and captive-to-onsite conversion.
Report Data: 2015
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