Wilmington, Delaware, Nov. 23, 2023 (GLOBE NEWSWIRE) -- Middle East Industrial Gases Market is valued at US$ 3.2 billion in 2023 and is expected to grow at a significant CAGR of over 5.8% over the forecast period of 2023-2030, according to the published market report by RationalStat
Market Definition, Market Scope, and Report Overview
Aortic valve replacement devices are medical devices used to replace a damaged or diseased aortic valve in the human heart. The aortic valve is one of the four valves in the heart, responsible for allowing oxygenated blood to flow from the left ventricle into the aorta and out to the rest of the body. When the aortic valve is impaired due to conditions like aortic stenosis (narrowing) or aortic regurgitation (leakage), it can lead to serious health problems.
The Middle East is undergoing rapid industrialization and urbanization, which is driving demand for industrial gases across a variety of sectors, including oil and gas, petrochemicals, metals, and power generation. In addition, the Middle East's healthcare and pharmaceutical industries are growing rapidly, and this is driving demand for industrial gases used in medical applications.
- According to a deep-dive market assessment by RationalStat, the Middle East industrial gases market has been analyzed on the basis of market segments, including type, application, mode of transportation, mode of distribution, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers Middle East and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the Middle East industrial gases market covers market sizes on the basis of market value (US$/EUR Million) and volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the Middle East industrial gases market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Request A Customization- https://store.rationalstat.com/store/middle-east-industrial-gases-market/#tab-ux_global_tab
Middle East Industrial Gases Market: Segmental and Market Share Analysis
- On the basis of region, Iran is anticipated to take up a significant portion of the Middle East industrial gases market.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 3.2 billion |
| Market Size Forecast | US$ 4.8 billion |
| Growth Rate | 5.8% |
| Key Market Drivers |
|
| Companies Profiled |
|
Explore more about this report- https://store.rationalstat.com/store/middle-east-industrial-gases-market/#tab-ux_global_tab
Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the Middle East industrial gases market include,
- In July 2022, Linde signed a MoU with United Arab Emirates' Ministry of Energy and Infrastructure. The MoU involves identifying and developing green hydrogen and sustainability projects to contribute to UAE Net Zero Initiative for achieving net-zero emissions by 2050, and MOEI's Energy Strategy 2050.
- In December 2020, Linde partnered with Saudi International Petrochemical Company (Sipchem). The partnership involves forming a joint venture to build industrial gas project networks across the Kingdom of Saudi Arabia.
Some of the prominent players and suppliers operating and contributing significantly to the Middle East industrial gases market growth include Linde, SABIC, Air Liquide, Gulf Cryo, Abdullah Hashim Industrial Gas, National Industrial Gas Plants, Buzwair Industrial Gases, Ras gas Helium Plant, Gasal QSC, and Air Products, among others.
Get A Free Sample- https://store.rationalstat.com/store/middle-east-industrial-gases-market/#tab-ux_global_tab
RationalStat has segmented the Middle East industrial gases market based on type, application, mode of transportation, mode of distribution, and region
- Middle East Industrial Gases Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Type
- Nitrogen
- Oxygen
- Carbon Dioxide
- Argon
- Hydrogen
- Acetylene
- Helium
- Specialty Gases
- Middle East Industrial Gases Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Application
- Manufacturing
- Iron & Steel
- Metallurgy & Glass
- Electronics
- Energy
- Chemicals
- Petroleum
- Agriculture
- Healthcare
- Others
- Middle East Industrial Gases Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Mode of Transportation
- Gas Cylinders
- Liquid Cylinder
- Pipelines
- Others (Other Containers, etc.)
- Middle East Industrial Gases Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Mode of Distribution
- On-site
- Merchant/Bulk Liquid
- Packaged
- Middle East Industrial Gases Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Country
- Israel
- Jordan
- Saudi Arabia
- Kuwait
- Qatar
- Iraq
- Bahrain
- UAE
- Oman
- Yemen
- Rest of the Middle East
For more information about this report- https://store.rationalstat.com/store/middle-east-industrial-gases-market/
Key Questions Answered in the Industrial Gases Report:
- What will be the market value of the Middle East industrial gases market by 2030?
- What is the market size of the Middle East industrial gases market?
- What are the market drivers of the Middle East industrial gases market?
- What are the key trends in the Middle East industrial gases market?
- Which is the leading region in the Middle East industrial gases market?
- What are the major companies operating in the Middle East industrial gases market?
- What are the market shares by key segments in the Middle East industrial gases market?
Explore Our Trending Reports
- Malaysia Oil & Gas Market- Malaysia oil & gas market is poised to grow with a CAGR of 2.6% from 2023-2030 and is estimated to be valued at around US$12 billion in 2022.
- Global Turbine Oil Market- global Turbine Oil Market is expected to grow at a CAGR of 3.8% over the forecast period of 2022-2028.
- Global Refinery Hydrocracking Unit Market-0 lobal Refinery Hydrocracking Unit Market is expected to grow at a significant CAGR of 7.3% over the forecast period of 2022-2028.
- Global Natural Gas Security Market- global Natural Gas Security Market is expected to grow at a CAGR of 5.2% over the forecast period of 2022-2028
- Middle East Industrial Gases Market- Middle East industrial gases market is expected to grow at a CAGR of around 5.8% during the forecast period of 2023-2030 and is estimated at US$ 3.2 billion in 2023.
- Global Emission Control Catalyst for Motorcycles Market- Global Emission Control Catalyst for Motorcycles Market is expected to grow at a CAGR of 5.5% over the forecast period of 2022-2028
- Global Emission Control Catalyst for Small Engines Market- Global Emission Control Catalyst for Small Engines Market is expected to grow at a significant CAGR over the forecast period of 2022-2028
- Global Automotive Steering System Market- According to RationalStat estimates, the automotive steering systems market size reached US$ 28.3 billion in 2022 and is projected to grow at a CAGR of 3.3% during the forecast period (2023-2028).
- Global Automotive & Aircraft Interior Genuine Leather Aftermarket Market- Global Automotive & Aircraft Interior Genuine Leather Aftermarket Market is expected to grow at a significant CAGR over the forecast period of 2022-2028
- Global Automotive Load Floor Market- Global Automotive Load Floor Market is expected to grow at a CAGR of 4.8% over the forecast period of 2022-2028
Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
Download Key Insights and Market Data - Raise a Query
About RationalStat LLC
RationalStat is an end-to-end Middle East market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support Middle East and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
Contact
RationalStat LLC
Kimberly Shaw,
Content and Press Manager
US Phone: +1 302 803 5429
UK Phone: +44 203-287-1245
LinkedIn | Facebook | Twitter | Instagram | Pinterest
