As specialty gas regulators are well aware of here in the United States, the market for specialty gases is an important one. From specialty gas regulators to specialty gas supplier to even the sale of other such high purity gas equipment (such as can be seen through specialty gas regulators), there is certainly no doubting the fact that specialty gases are hugely important here in the United States – as well as in many other places all throughout the world as well.
In fact, the global market for specialty gases and things like specialty gas regulators is booming, set to increase immensely in the next few years. In fact, it’s likely to be worth more than $14 billion by the time that we reach the year of 2026, which is now just a mere seven or so years in the future. Even just between the years of 2017 and 2021, which is now just a few years away, the CAGR for this market is actually expected to grow by more than 6% on a global scale, something that is certainly quite impressive by just about any standards both here in the United States as well as outside of it.
After all, specialty gases – along with things like specialty gas regulators and even disposable gas cylinders and any other specialty gas accessories that might come to mind – can sell for quite the impressive price. While some purchases of specialty gases and specialty gas regulators and the like will only end up coming out to about $100, others can be infinitely more expensive, to say the very least, climbing as high as $3,000. With many sales in that upper end of this price range, there’s no doubting the fact that this is a lucrative industry indeed, specialty gas regulators and all.
Of course, there are many different uses for these specialty gases, more than the average person might actually realize. In fact, there are currently two main categories that specialty gases fall into. One is that of pure gases while the other is made up of gas mixtures. Both pure gases and gas mixtures have a number of different uses and applications in the world of specialty gas and are both quite valuable indeed when all is said and done.
For instance, a common application of specialty gases is that of refrigeration, an industry that might not seem like much but is actually incredibly important in the world as we know it, especially in today’s day and age. After all, refrigeration is essential for much of our comfort and convenience, and it would be quite hard indeed to find a home that did not include even one refrigerator. Many a home has even more than one.
In addition to refrigeration, the medical and healthcare industry also uses a great deal of specialty gases over the course of the year. Again, this is an incredibly important industry that benefits us all – and shows just how important access to specialty gases and their specialty gas regulators really is. The industry of electronics and semi conductors also use various types of specialty gas, as does the manufacturing industry and the industry even of analytics and calibration. Not only are these specialty gases used in the industries mentioned above that are found in the United States, but in similar such industries all throughout the world in its entirety.
It’s very important, however, to choose the right kind of specialty gas for each and every application that it is used for, both here in the United States and beyond it as well. The purity of the gas, for instance, can have a considerable impact on the application of the specialty gas in question. The purity of specialty gases can vary from gas to gas – and sometimes but a considerable amount, at that. Therefore, speaking with a specialty gas supplier extensively about the purity of the specialty gas or even specialty gases that they are selling will be key – and is not something that should be underestimated in importance by any standards here in the United States and outside of it.