The Taiwanese commercial gases market generated estimated revues of $1.17bn in 2016. This is up from $680m in 2006, indicating and average annual growth rate of 5.6% over the past decade.
Taiwan has experienced strong economic growth over the past decade, with GDP increasing at an average rate of 2.9% per annum (p.a.). The country’s economy slipped into a minor recession during the worst year of the global financial crisis, but manufactured a swift recovery and has been growing since.
Report Data: 2017
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The Japanese industrial gas sector is dominated by three companies that between them control just under 70% of the market. The biggest is Taiyo Nippon Sanso (TNS), followed by Air Water and Air Liquide. Other companies with a sizeable presence include Iwatani and Showa Denko.
The Japanese industrial gas sector is dominated by three companies that between them control over 70% of the market. The biggest is Taiyo Nippon Sanso (TNS), followed by Air Water and Air Liquide. Other companies with a sizeable presence include Iwatani and Showa Denko.
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