The commercial industrial gas market in Thailand was estimated to have generated revenues of $775m in 2017. This was up from $440m in 2007, indicating an average annual growth rate of 6.7% p.a. for the decade.
The Thailand economy grew at an average rate of 5.7% p.a. (3% p.a. when adjusted for inflation) between 2007 and 2017. In general, Thailand has benefited from a relatively well-developed infrastructure, a government with a strong commitment to a free market economy, and sound pro-investor policies.
Report Data: 2017
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.
The commercial industrial gases market in Cambodia is estimated to have generated revenues of over $15 million in 2016. This is up from just less than $6 million in 2006, indicating an average annual growth rate of 10.8% for the decade.
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