Vietnam Industrial Gases Market Was Valued at Usd385 Million in 2021 and is Anticipated to Further Grow with a CAGR of 7.5% During the Forecast Year, 2023-2027.
Industrial gases are typically created or produced in companies through various chemical processes. Many industries employ industrial gases, including the oil and gas sector, petrochemicals, healthcare, pharmaceuticals, power generation, mining, metallurgy, fuel, food and beverage, biotechnology, agriculture, etc. Industrial gases are highly concentrated and pure volatile chemicals. The storage, delivery, and usability of industrial gases are managed with specific considerations and standards.
The numerous end use sectors like healthcare, metallurgy, petrochemical, etc., are driving the demand for industrial gases during the next five years. Additionally, the nation is home to an expanding number of manufacturing facilities and companies that produce industrial gases. Manufacturers based in countries like Japan, South Korea, China, Taiwan, Malaysia, and Singapore are entering the Vietnamese market to establish local manufacturing facilities. Rising sales are assisting the production of these products, which is aiding the market growth.
The Vietnam industrial gases market is segmented on the basis of product, mode of distribution, competitional landscape, and regional distribution. Based on the product, the market is divided into oxygen, nitrogen, hydrogen, carbon dioxide, argon, and helium. The oxygen segment is anticipated to register the highest growth in the coming years, owing to its rising application in metallurgy, light engineering industry, medical, and others.
Key players operating in the Vietnam industrial gas market are Messer Vietnam Industrial Gases Co. Ltd., Air Liquide, Linde Vietnam, Taiyo Nippon Sanso Vietnam, Iwatani Corporation, SIG Vietnam, Osaka Gas, North Vietnam Industrial Gases Ltd., among others.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth in the market size of the Vietnam industrial gases from 2017 to 2021.
- To estimate and forecast the market size of Vietnam industrial gases market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast the Vietnam industrial gases market based on product & applications, mode of distribution, region, and company.
- To identify the dominant region or segment in the Vietnam industrial gases market.
- To identify drivers and challenges for the Vietnam industrial gases market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Vietnam industrial gases market.
- To identify and analyze the profiles of leading players operating in the Vietnam industrial gases market.
- To identify key sustainable strategies adopted by market players in Vietnam industrial gases market.
The publisher calculated the market size of the Vietnam industrial gases market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
Report Scope:In this report, Vietnam industrial gases market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Industrial Gases Market, By Product & Applications:
- Light Engineering Industry
- Pharma & Chemical Industry
- Chemical and Petrochemicals
- Fuel & Atomic Power Generation
- Metallurgical & Metal Processing
- Hydrogenation of Fats and Oils
- Carbon Dioxide
- Chemical & Petrochemical
- Food & Beverages
- Helium (Liquid & Gaseous)
- Saturation Diving
Vietnam Industrial Gases Market, By Mode of Distribution:
Vietnam Industrial Gases Market, By Region:
- Northern Region
- Central Region
- Southern Region
Competitive LandscapeCompany Profiles: Detailed analysis of the major companies present in Vietnam industrial gases market.
Available Customizations:With the given market data, the publisher offers customizations according to a company’s specific needs.
This product will be delivered within 1-3 business days.
Table of Contents
4.2. Brand Satisfaction Level wrt Availability
4.3. Brand Satisfaction Level wrt Mode of Distribution
4.4. Brand Satisfaction Level wrt Pricing
4.5. Brand Satisfaction Level wrt Sales Service
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Product (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon and Helium)
5.2.2. By Mode of Distribution (Tonnage, Bulk and Packaged)
5.2.3. By Region (North, South, Central)
5.2.4. By Company (2021)
5.3. Market Attractiveness Index
5.3.1. By Product
5.3.2. By Mode of Distribution
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Application (Metallurgy, Light Engineering Industry, Medical and Others)
6.2.2. By Mode of Distribution (Tonnage, Bulk and Packaged)
6.2.3. By Region
6.3. Price Point Analysis
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Application (Pharma & Chemical Industry, Metallurgy, Petrochemical and Others)
7.2.2. By Mode of Distribution (Tonnage, Bulk and Packaged)
7.2.3. By Region
7.3. Price Point Analysis
8.1.1. By Value
8.1.2. By Volume
8.2. Market Share & Forecast
8.2.1. By Application (Refinery, Chemical and Petrochemicals, Fuel & Atomic Power Generation, Metallurgical & Metal Processing, Hydrogenation of Fats and Oils and Others)
8.2.2. By Mode of Distribution (Tonnage, Bulk and Packaged)
8.2.3. By Region
8.3. Price Point Analysis
9.1.1. By Value
9.1.2. By Volume
9.2. Market Share & Forecast
9.2.1. By Application (Chemical & Petrochemical, Food & Beverages, Welding, Healthcare and Others)
9.2.2. By Mode of Distribution (Tonnage, Bulk and Packaged)
9.2.3. By Region
9.3. Price Point Analysis
10.1.1. By Value
10.1.2. By Volume
10.2. Market Share & Forecast
10.2.1. By Application (Welding, Metallurgy and Others)
10.2.2. By Mode of Distribution (Tonnage, Bulk and Packaged)
10.2.3. By Region
10.3. Price Point Analysis
11.1.1. By Value
11.1.2. By Volume
11.2. Market Share & Forecast
11.2.1. By Type (Liquid and Gaseous)
11.2.2. By Application (Saturation Diving, Ballooning, MRI, NMR and Others)
11.2.3. By Mode of Distribution (Bulk and Packaged)
11.2.4. By Region
11.3. Price Point Analysis
18.2. Company Profiles
18.2.1. Messer Vietnam Industrial Gases Co. Ltd
18.2.2. Air Liquide
18.2.3. Linde Vietnam
18.2.4. Taiyo Nippon Sanso Vietnam
18.2.5. Iwatani Corporation
18.2.6. SIG Vietnam
18.2.7. Osaka Gas
18.2.8. North Vietnam Industrial Gases Ltd.
A selection of companies mentioned in this report includes:
- Messer Vietnam Industrial Gases Co. Ltd
- Air Liquide
- Linde Vietnam
- Taiyo Nippon Sanso Vietnam
- Iwatani Corporation
- SIG Vietnam
- Osaka Gas
- North Vietnam Industrial Gases Ltd.