Following the launch of gasworld Business Intelligence’s new US regional dashboards, this month’s country focus examines the industrial gas market of the New England region.
The New England region is home to the second smallest industrial gas market in the US. The region’s industrial gas market generated revenues of approximately $920 million in 2014. This is up from $610 million in 2004, indicating an average annual growth rate of 4.2% for the decade.
There is a fairly small captive market still active in the region, but this is limited to small-to-medium sized oxygen PSAs – supporting waste water treatment processes. Estimated revenues that could be generated through the conversion of these plants to onsite projects, could hypothetically reach $5 million – although it is not likely that this will happen in the foreseeable future.
The region has a comparatively small onsite infrastructure, largely attributable to the lack of large industries in the area. Packaged supply dominates the marketplace in terms of revenues, and is supported by a strong network of cylinder filling plants (see map below). The vast majority of the remainder of revenues are generated through bulk deliveries.
For more information about gasworld’s Business Intelligence US report series, or many other regional and country reports, please contact email@example.com, or call +44 1872 225031.
The Country Dashboard for New England is available to Business Intelligence Online Subscribers only.
Linde LLC has received its second certification of its Kittery, Maine, air separation plant under the American Chemistry Council (ACC) Responsible Care® program.
Effective October 1, 2015, or as contracts permit, Air Products have increased product pricing and monthly service charges for merchant customers in North America – involving a range of gases.
The commercial industrial gas market in Latvia reached $43 million in 2014. This is up from $15 million in 2004, indicating an average annual growth rate of 11% p.a. for the decade. Growth has been relatively steady and the Latvian market represents the largest in the Baltic region.
Month on month the gasworld website continues to be the primary portal for information, on a global scale, about our industry - be it through the provision of news and features, or information in the expansive company directory section. Launched in 2004, it is the only independent online news provider and information portal for the global industrial gas community and the larger end-user markets. The website also now incorporates news for gasworld US and Specialty Gas Report.
To find out more about gasworld's advertising opportunities click here.