The global industrial gas market has shown steady growth in recent years. In 2017, the scale of global industrial gas market was US$104.6 billion.According to the <<World Economic Outlook>> report released by the International Monetary Fund, the global economic growth rate will rise to 3.5% in 2017. Supported by active financial markets and cyclical recovery in manufacturing and trade filed, economic activity in emerging markets and developing economies will increase significantly，Economic growth of China and many other commodity importing countries is expected to remain strong.The growth rate of the industrial gas industry is 2.0 to 2.5 times that the global GDP growth.especially argon, acetylene, oxygen, helium. According to this data, The global industrial gas growth rate in 2018-2019 can be calculated according to conservative 8% growth rate. By 2019, the scale of global industrial gas market can reach US$122 billion, and the market scale has steadily expanded.
Post time: Dec-07-2018