Total US industrial gas demand, including some captive consumption, will grow 4.9 percent annually through 2013. The petroleum and natural gas industry will remain the dominant and fastest growing market, driven by the massive amounts of hydrogen needed to produce cleaner-burning from increasingly impure crude oil, as required by law.
This study analyzes the $14.3 billion US industrial gas industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by market (e.g., petroleum and natural gas, metal processing, chemical processing, food and beverage processing) and product (e.g., hydrogen, nitrogen, oxygen, carbon dioxide, argon, helium, acetylene).
The study also considers market environment trends and indicators, details industry structure, evaluates company market share and profiles six industry players, including Praxair, Air Products and Chemicals and Air Liquide.