Business Communications Co., Inc.: Report on Global Market for Industrial Gasses

According to a soon-to-be-released report from Business Communications Co., Inc. (BCC), "RC-237 World Industrial Gas Business," the global market for industrial gases is currently estimated at $36 billion. The market is expected to reach nearly $52 billion by 2008, growing at an AAGR (average annual growth rate) of 7.5% through the forecast period. This will be a result of the worldwide manufacturing sector using huge quantities of industrial gases for the production of environmentally cleaner products such as food and fuels, and to upgrade increasing supplies of heavy crude oil. Applications for glass production, steel, nonferrous and new materials processing will also help drive demand, and clean energy alternatives will represent a major opportunity. Consumption of gases for renewable energy applications is expected to increase at an AAGR of 17.3% as commercialization intensifies.

For additional information, visit http://www.bccresearch.com .

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

November 2014 Issue Highlights

Our November 2014 issue is now available! Posted: March 31, 2015.

Podcasts

Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI April 2015 edition

2015 April

You'll want to check out our continuing coverage of the inaugural Ceramics Expo event, plus articles on dental ceramics, glass coatings, refractories, and more!

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!