Specialty Gas Market Size Worth $18.22 Billion By 2028 | CAGR: 8.8%
Specialty Gas Industry Overview The global specialty gas market size is expected to reach USD 18.22 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.8% from 2021 to 2028. Increased preference for specialty gases in the healthcare sector owing to an increased rate of applicability in medical applications is a driving factor for the strong market growth. Specialty Gas Market Segmentation Grand View Research has segmented the global specialty gas market based on product, application, and region: Based on the Product Insights, the market is segmented into Ultra-high Purity, Noble, Carbon, Halogen, Other. The carbon gas segment is anticipated to be a leading segment in the market with a revenue share of over 26% as of 2020, owing to increasing demand by various end-use industries such as manufacturing, electronics, healthcare, and chemicals as well as growing application scope for analytical purposes and i...