The commercial industrial gases market in the United Arab Emirates (UAE) is estimated to have generated revenues of $280 million in 2016. This is an increase from $67 million in 2006, indicating an average annual growth rate of 15.4% p.a.a.
The Emirates has predominately been an “oil & gas economy” for much of its life, but over the past decade considerable funding has been invested into its steel, glass and aluminium sectors. This has largely been channelled into Dubai-centric construction activity and has helped to broaden the country’s economy.
Report Data: 2018
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