Growing need for effective gas pressure regulation in order to enhance efficiency of operations across various applications have pushed the adoption of industrial gas regulator in different industries. In addition, significant growth in the oil and gas sector of the country has influenced expansion of oil-dependent industries such as chemicals and power generation. According to U.S. EIA (Energy Information Administration), the consumption of natural gas is expected to grow at a significant rate of o.5 percent through 2020. EIA also reveals that oil production in US is expected to touch 10 million b/d by end of 2018. This factor in turn has triggered demand for equipment to facilitate pressure regulation such as industrial gas regulators. Various actionable insights on industrial gas regulators have been compiled in a recent research study titled “Industrial Gas Regulator Market- U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2024”, included in the research library of XploreMR.
Increasing use of natural gas-based equipment have influenced the demand for industrial gas regulators in the US. Particularly used in boilers that run on natural gas are used across various applications in industries such as chemicals, paper, manufacturing and refining, industrial gas regulators play a vital role in monitoring, controlling and maintaining gas flow. This coupled with high number of large boilers in the United States that use natural gas is expected to contribute to the growth in adoption of industrial gas regulators in the country. Moreover, presence of more than 10,000industrial boilers in the food processing sector in the US has also influenced use of gas regulation systems, consequently supporting the growth of the industrial gas regulators market in US.
US Industrial Gas Regulators Market: Report Overview
The research report on US industrial gas regulators market begins with market definition, segmentation and research highlights and objectives. The following section represents the market overview wherein introduction of the US industrial gas regulators market, key market indicators, and key dynamics are included. The dynamics chapter in the report covers an in-depth assessment on various growth drivers, restraints impeding growth, trends shaping the market growth along with potential opportunities favoring growth of the US industrial gas regulators market. Moreover, the report also contains Porter’s five forces model whose analysis reflects key competition scenario in the US industrial gas regulators market. The report also includes a seven year forecast on every market segment along with historical and current US industrial gas regulators market scenario.
US Industrial Gas Regulators Market: Segmental Snapshot
The research report on US industrial gas regulators market has been segmented in detail in order to include all angles of the market to portray a holistic view of the entire market. The market has been segmented on the basis of gas type, application and regulator type. In the gas type category, the market is further classified into inert, corrosive and toxic. With respect to regulator type, it is sub segmented on the basis of single stage and dual stage industrial gas regulators. In the application segment, the market is categorized into food and beverages, pharmaceuticals, oil & gas, steel and metal processing, chemical and others.
US Industrial Gas Regulators Market: Competitive Assessment
The research report on US industrial gas regulators market concludes by covering highlights on competition landscape in the final chapter of the report. This chapter provides an inkling to the reader using which he/she can make appropriate moves and decisions in order to gain competitive advantage. Key aspects of major players in the market such as SWOT analysis, product portfolio analysis, company strength, key strategies, operating and revenue profits, market presence and future expansion plans have been analyzed in this section. Few of the major players profiled in the US industrial gas regulators market report include Emerson Electric Co., The Linde Group, Air Liquide S.A., Praxair Technology, Inc., Air Products and Chemicals Inc., GCE Group, Cavagna Group Spa, Honeywell Process Solutions, Itron, Inc., and Rotrax.