High Purity Methane Gas Market : Segmented by Type (Chemical synthesis, Heat detection, Hydrogen Fuel and Others), By Application (Medical, Automotive, Defense, Electronics and Others), and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
Global High Purity Methane Gas Market to surpass USD 11.2 billion by 2030 from USD 6.6 billion in 2020 at a CAGR of 6.1% in the coming years, i.e., 2021-30. Product Overview High-purity methane... もっと見る
SummaryGlobal High Purity Methane Gas Market to surpass USD 11.2 billion by 2030 from USD 6.6 billion in 2020 at a CAGR of 6.1% in the coming years, i.e., 2021-30.Product Overview High-purity methane gas is used in the manufacturing process of electronics devices like silicon wafers, solar cells, semiconductors, and electronic components. In the fields of cutting-edge technologies such as nanoparticle diamond, graphene, and monocrystal diamond, high-purity methane gas is garnering interest. Because of its low cost, great efficiency, and low striking voltage, high-purity methane gas is employed in fluorescent tubes for lighting reasons in this business. Market Highlights Global High Purity Methane Gas market is expected to project a notable CAGR of 6.1% in 2030. Due to its unique qualities, high purity methane gas finds employment in a variety of end-use industries, including electrical and electronics, chemical, oil and gas, automotive and transportation, medicinal, and others. This is expected to surge growth of the market for high purity methane gas. Global High Purity Methane Gas: Segments Chemical synthesis segment to grow with the highest CAGR during 2020-30 Global High Purity Methane Gas market is segmented by type into Chemical synthesis, Heat detection, Hydrogen Fuel, and Others. Chemical synthesis segment held the largest market share in the year 2020. The increased need for high-purity methane gas as a raw material for the manufacturing of methanol, synthetic ammonia, hydrogen, acetylene, carbon black, and carbon disulfide, among other products, is driving this segment's expansion. Electronics segment to grow with the highest CAGR during 2020-30 Global High Purity Methane Gas market is divided by application into Medical, Automotive, Defense, Electronics, and Others. Over the forecast period, the electronics segment is projected to expand at the fastest pace. The electrical and electronics industries rely heavily on high purity methane gas. Because of its low cost, great efficiency, and low striking voltage, high-purity methane gas is employed in fluorescent tubes for lighting reasons in this business. The high purity methane gas market is being driven by the increasing use of high purity methane gas in the electronics and chemical sectors. Market Dynamics Drivers Growing use of grapheme and various applicants High purity gases are utilized in silicon wafers, integrated circuits (IC), semiconductors, and solar cell devices, among other electronic components. Low optical absorbance, high electrical conductivity, high charge mobility, flexibility, and bendability are all features of graphene, which is made from high purity methane gas. Carbon atoms are organized in a honeycomb configuration in graphene, which is only one atom thick. Microchips and transistors, both fundamental components in almost all electrical devices, are made from graphene. As a result, the market for high purity methane gas is being driven by the growing use of graphene for electronic components and semiconductors, as well as the increasing capacity of installed semiconductors, integrated circuits used in various electronic equipment, and the development of new technologies. Increased demand from electronics and automotive industry Rising demand from the electronics industry due to its heavy reliance on high purity methane gas as it has low cost and greater efficiency and low striking voltage is expected to drive demand. Additionally, growing Demand from chemical synthesis applications and increasing demand of hydrogen as a cleaning fuel in the automotive industry. Restraint High cost and environmental issues High cost associated with the methane gas is expected to hamper the market. There are also certain political and environmental hurdles that are limiting the market's growth, such as the exploitation of natural gas deposits in various regions and the environmental dangers involved with the use of methanol as a fuel. Global High Purity Methane Gas: Key Players BASF Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Osaka Gas Sumitomo Seika Linde Plc. Air Liquide Matheson Tri-Gas Inc Xergi Other Prominent Players Global High Purity Methane Gas: Regions Global High Purity Methane Gas market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. The market in North America is expected to hold highest CAGR over the forecasted period due to significant demand from the electronic, electrical, construction, information technology, and healthcare industries. North America is the world's largest and fastest-growing market for high-purity methane gas, with the United States as the most important emerging market. The rapid increase in demand for High Purity Methane Gas from the electrical and electronic industries, as well as the chemical industry, can be ascribed to the expansion. The United States is a large producer of high purity methane gas and has the highest use of the gas. Global High Purity Methane Gas is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Global High Purity Methane Gas report also contains analysis on: High Purity Methane Gas Segments: By Type Chemical synthesis Heat detection Hydrogen Fuel Others By Application Medical Automotive Defense Electronics Others High Purity Methane Gas Dynamics High Purity Methane Gas Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints High Purity Methane Gas Market Report Scope and Segmentation Report Attribute Details Market size value in 2020 USD 6.6 billion Revenue forecast in 2030 USD 11.2 billion Growth Rate CAGR of 6.1% from 2021 to 2030 Base year for estimation 2020 Quantitative units Revenue in USD million and CAGR from 2021 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered Type, end-user, and Region Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) Key companies profiled BASF, Osaka Gas, Sumitomo Seika, Linde Plc., Air Liquide, Matheson Tri-Gas Inc, Xergi, and Other Prominent Players. Table of ContentsContents1. Executive Summary 2. Global High Purity Methane Gas Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global High Purity Methane Gas Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global High Purity Methane Gas Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global High Purity Methane Gas Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Type : Market Share (2020-2030F) 12.2.1. Chemical Synthesis, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Heat detection, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Hydrogen Fuel, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.4. Other, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Application: Market Share (2020-2030F) 12.3.1. Medical, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Automotive, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.3. Defense, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.4. Electronics, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.5. Other, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13 Company Profile 13.1. BASF 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. Osaka Gas 13.3. Sumitomo Seika 13.4. Linde Plc. 13.5. Air Liquide 13.6. Matheson Tri-Gas Inc 13.7. Xergi 13.8. Other Prominent Players 14 Consultant Recommendation **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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