Egypt Industrial Gas Market to be Dominated by Oxygen Gas Segment through 2028

Rising demand from energy drive Egypt Industrial Gas Market in the forecast period 2024-2028

According to TechSci Research report, “Egypt Industrial Gas Market- Industry Size, Share, Trends, Opportunity, and Forecast, 2028F”, Egypt Industrial Gas Market is anticipated to increase at an impressive rate in the forecast period. Industrial Gases are used in a wide range of industries, such as healthcare, electronics, aerospace, construction, energy & power, and others. Industrial Gases include gases like oxygen, nitrogen, hydrogen, carbon dioxide, argon, & helium that are used for different purposes due to their different properties. With an increasing demand for medical gases such as oxygen and nitrogen. The government's investment in healthcare infrastructure and its efforts to regulate and promote local production of medical gases are expected to drive the growth of the industrial gases market in Egypt in the coming years.

Furthermore, Lack of skilled labor and regulatory environment of the industrial  gases are factors that impending the Egypt industrial gases market growth. Apart from these, the infrastructure for the storage and transportation of industrial gases in Egypt is not well developed, which can be a major restraint on the growth of the market. The lack of modern infrastructure can lead to higher transportation costs, delays, and lower efficiency in the supply chain and obstructing eth market growth.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Egypt Industrial Gas Market"

Egypt industrial gas market is segmented based on product type and mode of distribution.

Based on product type, the market is categorized into oxygen, nitrogen, carbon dioxide, hydrogen, argon, and helium. Oxygen is expected to hold the largest market share in the forecast period. Owing to its wide use in steelmaking, metal refining and fabrication, in petroleum processing and paper manufacturing, Oxygen is one of the dominating product type segments of Egypt industrial gas market.

Based on mode of distribution, the market is distributed into tonnage/gaseous, bulk & cylinder, and packaged. Tonnage/gaseous is expected to hold the largest market share in the forecast period. As it is used in transporting bulk amount of oxygen, nitrogen, or argon in low price and safely to gas or the air separation plant to generate the gas at the customer’s site, tonnage/gaseous mode of distribution is considered more than other alternative and dominating the market share.

Major companies operating in the Egypt industrial gas market are:

·         Linde AG Egypt

·         Air Liquide SA Egypt

·         Gulf Cryo Egypt

·         Taiyo Nippon Sanso Engineering Corp Egypt

·         Egyptian International Gas Company (Gastec)

Download  Free Sample Report

Customers can also request for 10% free customization on this report.

“The industrial gas market in Egypt is experiencing growth driven by increasing demand from various industries, infrastructure development, renewable energy initiatives, and a focus on healthcare. The market is also witnessing trends such as the use of specialty gases, market consolidation, and a stronger emphasis on safety and environmental regulations. These trends present opportunities for both local and international companies operating in the industrial gas sector in Egypt. The Egyptian government has been placing increasing emphasis on safety and environmental regulations in the industrial sector. This includes regulations related to the storage, handling, and transportation of industrial gases. The implementation of stringent safety standards and environmental regulations has prompted companies in the industrial gas market to adopt advanced technologies and practices to ensure compliance and minimize environmental impact.  Apart from these, the industrial gas market in Egypt has been witnessing a trend of market consolidation, with larger multinational companies acquiring or forming partnerships with local gas suppliers. This consolidation aims to leverage the expertise, resources, and distribution networks of both local and global players to better serve the growing demand in the market. These factors present opportunities for industrial gas companies to expand their presence in the market and provide innovative solutions to meet the growing demand for industrial gases.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Egypt Industrial Gases Market, By Product (Oxygen, Nitrogen, Carbon Dioxide, Hydrogen, Argon, Helium), By Mode of Distribution (Tonnage/Gaseous, Bulk & Cylinder, Packaged), By Region, Competition, Forecast & Opportunities, 2028F, has evaluated the future growth potential of Egypt industrial gases market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Egypt industrial gases market.”

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email:  [email protected]

Website: www.techsciresearch.com