0 items USD 0.00The Specialty Gases Market Analysis and Top Vendors
Demand for specialty gases with higher levels of purity has been grown over the years. High-tech industries are the main consumers of these gases. The gas producers mainly supply gases to customers according to their demand, depending on the sophistication of their system and requirements for the process gas.
What are specialty gases?
Specialty gases are rare or ultra-high purity (99.995% and above) gases, Or any gas that is tested for purity after the cylinder is filled. These gases help to improve yields, optimize performance, and lower costs. Specifications for these gases are becoming granular these days and now go down to parts per billion (ppb) and sometimes even to parts per trillion (ppt). Depending on the size of the container and the type of gas, the costs can run from USD100 to as much as USD 3,000.
What are the different types of specialty gases?
Specialty gases can be divided into electronic gases, high-purity gases, and standard or calibration mixture gases according to their application fields.
- Electronic gases are used for various applications such as microelectronics, surface coatings, glasses, Fabre optics, etc.
- High Purity Pure gases can go up to 6.0 grades, Rare gases, Electronic & Semiconductor grades, Calibration standards, etc.
- Standard or calibration mixtures are a wide spectrum of types, grades, compositions, etc. Standard mixtures commonly categorized as Binary (2 component) mixtures, Multicomponent depending on the quantity of different types of gases homogenized with dissimilar types of molecules.
What is the market size of Specialty gases?
The global specialty gas market maintains a steady growth trend. The market size is expected to reach US$65.1 billion in 2020, of which the demand for specialty gases in the Asia-Pacific (AP) region will grow the fastest. The market size is the AP region is expected to reach US$16.8 billion in 2020, accounting for 25.80% of the global specialty gas consumption.
Who are the leading suppliers of Specialty gases?
The specialty gas industry has high barriers to entry and the market presents an oligopoly pattern. The top companies in the sector are:
- Air Liquide S.A.: Air Liquide S.A. is based in France and offers a wide range of industrial gases, specialty gases & gaseous solutions to various industries including medical, chemical, and electronic manufacturers. The company's revenue for FY 2019 increased to EUR 21.92 billion from EUR 21.01 billion and was forecast to reach EUR 22.08 in FY 2020.
- Taiyo Nippon Sanso Corporation (TNSC): TNSC is an industrial gas manufacturer, headquartered in Japan. Taiyo Nippon Sanso reliably supplies the required gases at the required time through its optimized supply system. Taiyo Nippon Sanso also provides gas-related equipment, services, applications, etc. TNSC' revenue on a consolidated basis increased 14.6% year on year to ¥740,341 million, core operating income rose 9.6% to ¥65,819 million, operating income increased 11.7% to ¥66,863 million, and net income attributable to owners of the parent decreased by 15.6% to ¥41,291 million.
- Linde plc: Linde, a UK based chemical company is the world's largest industrial gas company by market share as well as revenue. The company also own BOC Ltd which is one of the largest specialty gas suppliers in the EU region. The company's overall revenue in 2019 was $28 billion (€25 billion).
- Air Products and Chemicals, Inc.: Air Products is US based MNC. The company serves customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process, and specialty gases, equipment, and services. With operations in 51 countries outside the United States, in the fiscal year 2019, the company had sales of $8.9 billion.
What are the applications of Specialty gases?
- Electronics and Semiconductors:‘Wafer’ is a primary part of chips that are made of pure semiconducting material like silicon. Thin layers of different materials are added to the surface of the silicon wafer, by way of deposition (additive) and etching (subtractive) chemical reactions – each requiring various reactive gases such as nitrogen trifluoride (NF3), tungsten hexafluoride (WF6), germane (GeH4) and nitrous oxide (N2O). Other specialty gases are also used for ‘doping’ i.e. altering the properties of the semiconductor crystal to improve its conductivity. (Source: Linde.com)
- Petroleum & Chemical Industry: Specialty gases are used in chemical manufacturing. For example, Refinery and petrochemical processing calibration mixtures can range from a simple 2.5% methane/air mixture, to much more complex mixtures of 20 or more hydrocarbon components.
- Automotive Industry: The use of specialty gases in the automotive industry has increased recently. In the production and quality control of automotive engines, a variety of specialty gas mixtures are used to calibrate analyzers, such as atomic absorption spectrometers, to ensure that emissions are minimized and fuel consumption and performance are optimized.
- Other industries, where specialty gases are in demand Energy and Electricity, Steel and Nonferrous Metal Smelting, Refrigeration and Thermal Engineering, Biochemical and Environmental Monitoring, Medical Research and Diagnosis
Food Preservation, Analysis, and Calibration and etc.
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