It’s an interesting time for the industrial gas markets of Western Europe. The financial climate has been difficult; economic anxieties have been voiced where some countries are concerned in the eurozone.
Observations suggest a recovery is in progress, though to what extent is largely subjective by country.
As a wider concern in the Iberian peninsula for example, a troubled construction industry and difficult financial climate has seen the region struggle against this backdrop. Meanwhile, in Germany it is thought that consumer confidence is rising and further still, that the recovery in the country is slightly stronger than that of its eurozone neighbours.
Away from any currency crisis or eurozone concerns, discussions with Spiritus Consulting suggest that there’s a diverse picture emerging for the gases business of Western Europe.
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