The commercial industrial gases market in the Philippines estimated to have generated revenues of $300 million in 2016. This is up from $110 million in 2006, indicating an impressive average annual growth rate of 11% for the decade.
Report Data: 2018
Within the 2018-2023 timeframe, gas world business intelligence predict growth from 7.9% p.a. in a low scenario to 8.2% p.a. in a high scenario. Accordingly, the industry in is expected to achieve revenues of between $31.5m to $31.9m by 2023.
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