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Gas Purifiers Market Size

  • Report ID: GMI8308
  • Published Date: Feb 2024
  • Report Format: PDF

Gas Purifiers Market Size

Gas Purifiers Market was valued at USD 1 billion in 2023 and is anticipated to register at over 5.7% CAGR between 2024 and 2032, due to the growing demand for clean and pure gas in various industries. Gas purifiers are used to remove impurities and contaminants from gases, making them suitable for various applications such as medical, industrial, and research. The increasing awareness about the harmful effects of impure gas on human health and the environment is a major factor driving the growth of this market. Moreover, the implementation of strict government regulations and policies regarding air quality and emission control is also contributing to the market growth.

 

Furthermore, the growth of industries such as oil and gas, pharmaceuticals, and chemical processing is also fueling the demand for gas purifiers. These industries require pure gases for various processes, and the use of gas purifiers ensures the quality and purity of the gases used. With the rapid expansion of these industries, the demand for gas purifiers is expected to continue to grow.
 

Over time, gas purifiers can become clogged with impurities and lose their effectiveness. Regular maintenance and cleaning, along with replacing worn out parts, is crucial to ensuring the longevity of the purifier and its ability to purify gases effectively. Additionally, gas purifiers should be installed and operated in a controlled environment to minimize the risk of contamination. These purifiers require advanced technology and specialized materials which make them expensive to manufacture and maintain. This high cost is then passed on to the consumers, making it difficult for small and medium-sized businesses to invest in these purifiers.

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of gas purifiers was reached USD 1 billion in 2023 and is expected to register over 5.7% CAGR from 2024 to 2032, owing to the growing demand for clean and pure gas in various industries and increasing awareness about the harmful effects of impure gas worldwide.

Gas purifiers industry from the point-of-use segment was worth over USD 830 million in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to being compact and easy to transport, making them suitable for use in a wide range of settings.

Asia Pacific gas purifiers industry held over 35% share in 2023 due to the increasing demand for clean and pure gases in various industries such as healthcare, food and beverage, electronics, and energy in the region.

Agilent Technologies, Inc., Airgas, USA LLC, Entegris, Inc., Fisher Scientific International, Inc., Japan Pionics Co., LTD., Matheson Tri-Gas, Inc., Mott, NuPure, Parker Hannifin Corp, Praxair, Inc., SAES Getters S.p.A., and Sigma-Aldrich, are some of the major gas purifiers companies worldwide.

Gas Purifiers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 428
  • Countries covered: 19
  • Pages: 480
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