Intelligence
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FeaturesGreat Lakes report
The industrial gas market in the Great Lakes generated revenues of approximately $3.15bn in 2020, up from a value of around $2.29bn in 2010, indicating almost a $1bn growth in a decade and a compound annual growth rate of 3.26% p.a. for the decade.
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News
Oxygen: Mapping out production networks
gasworld takes seriously the difficult situation with the supply of medical oxygen in India, as well as other countries where shortages have occurred in the face of a rising third wave of the pandemic, and in its own effort to contribute to relief efforts, shares an interactive map with the ...
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Vietnam vying for emerging hotspot status
As gasworld prepares to host its first ever virtual event next week, focused on the Asia-Pacific markets, we take a look at a market most certainly in everyone’s future thinking when it comes to this enterprising region – Vietnam.
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Peru: An oxygen market in focus
As Peru soars up the unwanted pecking order of those countries so severely hit by the Covid-19 (coronavirus) pandemic and scenes describe a chronic lack of oxygen supply, gasworld looks at the make-up of the country’s gases business, with data from gasworld Business Intelligence.
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Hot topic: Oxygen supply shortage?
With reports swirling around the availability of oxygen supply during these difficult times of continued coronavirus outbreak, gasworld sheds light on what the actual supply situation is with oxygen in Europe.
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Features
Hot topic: Understanding medical oxygen
At a time when the world is quite literally gripped by the outbreak of coronavirus (Covid-19) and healthcare systems all over the world are pushed to their limits, there has arguably never been such spotlight placed on medical oxygen supply.
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A year of transformation
2019 has been a year of transformation in the competitive structure of the industrial gases marke, writes Richard Smith of gasworld Business Intelligence.
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Features
Regional markets: Focus on Pacific Rim
When we profiled the North Pacific industrial gases business last year, we noted how in 2018 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 $20bn.
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News
Steel tariffs – what impact?
Few of us will be able to pick up a newspaper, check out the news online, or turn on the TV/radio without hearing about a possible trade war in-the-making, but at what cost for the gases industry around the world? Rob Cockerill explores a steely issue for the metallurgy markets.
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Country Focus – USA
In 2016, the US market was valued at around $20bn. This is an increase from 2015 revenues, which stood at $19.6bn.
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Praxair-Linde to form new market leader in Russia
The proposed business combination between Praxair, Inc. and Linde AG has gained unconditional anti-trust clearance in Russia. This marks the first publicly official anti-trust approval for the Linde-Praxair merger.
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Air Products lengthens contract with US gold mine
Air Products has announced a successful contract extension with Barrick Goldstrike, to continue to operate and maintain an oxygen plant at the company’s mine in Elko, Nevada.
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The CAB and why it’s significant to the US industrial gases industry
gasworld Business Intelligence investigates how the Chemical Activity Barometer relates to the US industrial gases business.
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Exploring the impact of the Praxair-Linde merger in Asia
The potential Praxair-Linde merger may not affect the Asian market on the same scale as in European and North American markets. However, there are a few regions where anti-trust authorities could impose divestments onto the newly combined company.
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Country Focus – Japan
This month’s country focus offers an in-depth analysis of the Japanese industrial gas market. The market, valued at $5.6bn in 2016, has struggled over the course of the last decade and took a downward turn in the last few years.
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China: Capacity build-out continues
China is one of the main growth markets for Tier One players globally, with no individual company commanding a dominant market share in 2016. In recent weeks, a number of companies have been expanding their capacities in the country.
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What is CAPEX?
Capital expenditure (CAPEX) is the term given to funds that are used by an organisation to acquire or upgrade its assets, such as property or equipment.
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What is ROCE?
Return on capital employed (ROCE) is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.
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Messer to construct two plants in South Central Vietnam
The Messer Group is set to build the largest industrial gases production facility in Vietnam after signing a new supply deal with the country’s largest steel producer.
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Country Focus – Thailand
This month’s country focus explores the rapidly growing industrial gas market in Thailand, as well as the impact the potential Praxair/Linde merger could have on dynamics in the region.
