Market Overview

An industrial gas regulator is an instrument that controls and regulates the industrial gas pressure, so as to make sure efficient and safe working conditions. Gas regulators are generally made up of a single pressure sensor, a flow valve, and a control. The valve helps to regulate and keep the flow of gas into the nozzle, and the controller manages the regulator's closing or opening. There are different types of regulators for different purposes such as for power plant operations, steam turbines, air compressors, etc.

The industrial gas regulators market size is estimated to grow from USD 13,307.7 Million in 2015 to USD 16,862.6 Million by upcoming years, at a CAGR of 4.8%. The market has been segmented on the basis of major regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), wherein their value and volume has been projected. The size of the markets in key countries has also been covered and projected.

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Industrial gas regulators are used in many industrial activities because to the rising demand for gases, which is likely to continue over the projection period. Oil and gas and chemical industries will dominate the global industrial gas regulator market. Through 2028, stricter industry gas safety rules are predicted to boost industrial gas regulator sales. As industrial equipment safety demand rises, industrial gas regulator firms are likely to profit across numerous geographies.

Industry Growth Factor

However, high industrial gas regulator prices are likely to hamper the worldwide industrial gas regulator market potential and slow expansion. Industrial gas regulator manufacturers are researching and developing economical choices to expand sales and market presence globally through 2028. Industrial gas regulator companies will profit most from end-use industries like oil and gas, chemical, energy, and waste management. Medical demand will boost the industrial gas regulator market through 2028.

Key players functioning in the global industrial gas regulator market include

The major players include Emerson Electric Co. (U.S.), The Linde Group (Germany), Air Liquide S.A. (France), Praxair Inc. (U.S.), and Air Products and Chemicals Inc. (U.S.). Companies have adopted inorganic growth strategies such as acquisitions to cope with the increasing demand in the emerging markets.

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The global industrial gas regulator market is segmented as follows:

By Type

• Single Stage
• Dual Stage

By Gas Type

• Inert
• Corrosive
• Toxic

By Material

• Brass
• Stainless Steel

By Application

• Oil & Gas
• Chemical
• Steel & Metal Processing
• Medical Care
• Food & Beverage

By Region

North America

• The U.S.
• Canada
• Mexico
• Rest of North America

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Europe

• France
• The UK
• Spain
• Germany
• Italy
• Nordic countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Reunion
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa

Rest of the Middle East & Africa

• Latin America
• Brazil
• Argentina
• Rest of Latin America

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China is expected to attain the largest market share in the Asia- Pacific industrial gas regulators market

China is expected to have the largest market share and dominate the Asia- Pacific industrial gas regulators market from 2015 to 2020. China, the largest manufacturer and supplier of industrial gas regulators and equipment, exhibits high potential growth opportunities. The key driver for this market is the rapidly growing Chinese manufacturing and metal production industry along with the growing electronics market. Additionally, China has become the manufacturing hub of the world, where a huge amount of gases are required in large quantities. Industries such as, textile, polymer, printing, and paper & pulp among others, which use high amounts of chemicals, are the drivers for the supply of industrial gas regulators.

Growing in demand in medical care, oil & gas, and beverage sectors are the major drivers

The global industrial gas regulators market is driven by factors which include strong growth in sectors such as medical care, oil & gas, and energy among others. Advancements in terms of product innovations and technologies in the market are also expected to create strong investment opportunities for the global players. Regulatory and structural instructions are expected to be the strongest restraints for the industry. High costs of gas processing is the major challenge for this market, Fluctuating demand patterns and advancements of alternative technologies are expected to be the burning issues for the market

Single stage regulators to contribute maximum market share

The single stage regulators segment is projected to be the largest market for the global industrial gas regulators market. It covers a variety of applications, including gas and liquid chromatography, high purity gases, calibration gases, and high purity chamber pressurization among others. These regulators are best-suited for applications where manual periodic adjustment of the delivery pressure settings is not required and the inlet pressure remains constant, such as the case in gas withdrawal from liquid cylinders.