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Development and Research Report on Competitive Pattern of China's Industrial Gas Market From 2008 to 2010 Available Now

Posted on: Tuesday, 8 July 2008, 09:01 CDT

Research and Markets (http://www.researchandmarkets.com/research/a802c0/development_and_re) has announced the addition of the "Development and Research Report on Competitive Pattern of China's Industrial Gas Market from 2008 to 2010" report to their offering.

According to the classification standards on the manufacturing industry proposed by the National Bureau of Statistics, industrial gas is classified in the second subcategory of chemical materials and chemical products industry. The third subcategory that it is classified in is basic chemical raw materials manufacturing. Industrial gas manufacturing is classified to other basic chemical raw materials manufacturing of basic chemical raw materials manufacturing.

In recent years, the Chinese economy has developed rapidly. Being one of the three elements of basic industries, industrial gases guarantee the development of economy. The industrial gas market in China is regarded as one of the most robust markets, with an annual average growth of the output value of 65% in 2003-2005, while 12% in world market. In 2007, the output value approached 50 billion RMB, which was expected to reach 100 billion RMB. It was also predicted that the annual growth of demand for the industrial gases would be 10%. In summary, the huge demand brings opportunity to the industrial gas industry.

According to the market structure of industrial gas in China, it is divided into two parts: self-produced gases and purchased gases. The self-produced gases accounts for 53% of the 50 billion RMB market. Meanwhile, the foreign invested enterprises occupy 35% of the purchased gas market. Since 1990, there were six enterprises except AGA entering China. Till now, they have established more than 90 of the joint ventures or sole corporations, with a total investment of more than 1 billion dollars. The foreign corporations strike the industrial gas market of China, but also promote the development of the industry.

To manufacturers, H2 may give them the greatest opportunity for growth, especially used in the areas of energy and health care.

With the environmental regulations requiring the reduction of sulphur content in the fuel and more applications adopted by oil refineries that use H2 to refine oil, the demand for H2 is growing rapidly. Statistics from Business & Intelligence Consulting Co., Ltd. show that the annual demand growth rate for H2 would rise to 20%. While the demand for O2 would drop, especially in the industry of steel industry of USA.

Products Mentioned:

-Liquid oxygen

-Liquid nitrogen

-Liquid argon

-Liquid carbon dioxide

Key Topics Covered:

-The definition and the features of gas industry

-The profile of gas industry

-Industrial gas industry development overview

-International industrial gas market development

-Business performance analysis of China's industrial gas in 2007

-Statistics of major economic data

-Supply capacity of industrial gas industry

-Analysis of industrial gas demand

-Analysis of import and export

- Analysis of subdivided product

Companies Mentioned:

-Linder/BOC

-Praxair

-APCI

-TNS

-Airgas

-Messer

For more information visit http://www.researchandmarkets.com/research/a802c0/development_and_re

Source: Business Wire

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