U.S. INDUSTRIAL GAS REGULATOR MARKET ANALYSIS

1

• Coherent Market Insights
• Market Research and Business Consulting Services
• https//www.coherentmarketinsights.com
• U.S. INDUSTRIAL GAS REGULATOR MARKET ANALYSIS

2
Market Overview

• An industrial gas regulator is a control device
  that regulates and maintains the gas pressure, in
  order to ensure safe and effective operations.
  Gas regulators are consist of a separate pressure
  sensor with a controller and flow valve. If the
  flow load is increased, the regulator flow also
  increases. Whereas regulator flow decreases with
  decrease in the load flow, in order to maintain
  controlled pressure. These gas regulators are
  used in various industries including oil
  natural gas, chemicals, gas pipelines, power
  generation, etc. Pressure reducing regulators are
  adopted for maintaining required outlet pressure
  while delivering the necessary gas flow, which
  will satisfy the downstream demand. There three
  main types of gas regulators used in industries
  namely inert, corrosive, and toxic.
• The U.S. industrial gas regulator market is
  estimated to account for US 2,613.7 Mn in terms
  of value in 2019 and is expected to grow at a
  CAGR of 3.0 over the forecasted period 2019-27.

3
Market Dynamics- Drivers

• Rising demand for technologically advanced gas
  regulators is expected to drive growth of the
  U.S. industrial gas regulators market during the
  forecast period
• Increasing demand for novel products that provide
  enhanced performance and consistency and reduced
  environmental impact are expected to boost the
  demand for new technologies in the near future.
  Constant enhancement in gas regulators is
  expected to set new quality standards in
  performance by replacing diaphragm used in
  conventional regulators with piston. With this,
  regulators can be operated at an increased
  frequency and enhanced pressure stability, which
  in turn, is expected to boost growth of the
  market during the forecast period. For instance,
  in July 2013, Linde Group introduced hybrid
  premium regulators named Smoothflo.
• Increasing demand for natural gas fuel-based
  equipment is expected to propel the U.S.
  industrial gas regulators market growth over the
  forecast period
• The use of industrial equipment with natural gas
  fuel is increasing rapidly. Industrial boilers
  and furnaces are some of the major such examples
  that use natural gas as fuel. These boilers are
  used in various industries including paper,
  chemicals, food, refining, chemicals, and
  manufacturing. Industrial gas regulators play a
  major role in maintaining, controlling, and
  monitoring gas flow and pressure in these
  appliances. According to Coherent Market
  Insights analysis, the U.S. food manufacturing
  industry has over 1,000 industrial boilers, of
  which some use natural gas as a fuel. On the
  contrary, the paper industry requires massive
  industrial boilers to burn production waste,
  paper, and pulp. Moreover, according to the same
  source, there are over 300 chemical plants in the
  U.S. Thus, these factors are expected to propel
  the U.S. industrial gas regulators market growth
  over the forecast period.

4
Market Dynamics- Restraints

• Strict regulatory policies involved in industrial
  gas regulators manufacturing are expected to
  hamper the U.S. industrial gas regulators market
  growth over the forecast period
• Since industrial gas regulators have diverse
  applications, as it has been used in a plethora
  of industries including automotive, oil gas,
  aerospace, food processing industries. These gas
  regulators are provided with varying levels of
  pressure handling capacities associated with the
  nature of the substances they hold. Thus,
  fabrication of gas regulators needs a set of
  standards actress industry verticals such as
  Material Safety Data Sheet (MSDS) standards for
  industrial gas regulators. Furthermore, in the
  U.S., the American Gas Association (AGA) monitors
  gas regulators norms under the Accredited
  Standards Committee (ASC). Another similar body
  is the Gas Piping Technology Committee (GPTC),
  which is responsible for publishing the ANSI
  Z380.1, Guide for Gas Transmission, Distribution
  and Gathering Piping Systems that regulates gas
  equipments standards including regulators.
  Therefore, these factors are expected to hamper
  the market growth in the near future.
• Vibrant political scenarios across the globe are
  expected to hinder the U.S. industrial gas
  regulators market growth over the forecast period
• The industrial gas regulators are classified into
  auxiliary goods category that aid primary goods
  manufacturing. They are used in primary goods
  manufacturing such as food processing materials,
  automobiles, oil gas composites, and others.
  Constantly changing political scenarios can
  affect consumption of these primary goods,
  thereby hindering the demand for auxiliary goods.
  Furthermore, global economy is witnessing major
  challenges such as regulatory insights, energy
  security, climate change, and other related
  factors. Growing economic uncertainty and energy
  security-related price volatility is expected to
  hamper the demand for industrial gas regulators.

5
Market Opportunities

• Growing demand from automotive industry is
  expected to present major growth opportunities
• Gas processing equipment is being increasingly
  used in automotive industry for various
  manufacturing processes including the use of
  Oxyfuel-based cutting and welding in automotive
  fabrication processes. Moreover, rising
  preference for gas-powered automobiles is
  expected to boost the demand for gas regulators
  across the automobile sector including gas
  regulators for the pressure indicators of the
  tanks of liquefied petroleum gas (LPG) and
  compressed natural gas (CNG) used to power
  automobiles. Furthermore, industrial gas
  regulators can also be used in cyclic automotive
  industry aspects of tire air inflation and
  refilling machinery.
• High demand from chemical sector can offer
  excellent business opportunities
• Chemicals sector is another major end-use sector
  that is increasingly adopting industrial gas
  regulators. Different types of gases are used in
  chemicals industry including inert, toxic, and
  corrosive. Monitoring and controlling these gases
  is crucial as leakage of any of them would lead
  to hazardous events. Industrial gas regulators
  can efficiently maintain and control desired gas
  pressure and provide required output whenever
  needed. Key players in the market can gain
  competitive edge by targeting the particular
  sector and providing suitable products.

6
In The U.S. industrial gas regulator market, by
type segment defense, Inert gas sub-segment
dominated The U.S. industrial gas regulator
market in 2019, accounting for 60.2 share in
terms of value, followed by corrosive and toxic.
7
Market Trends

• Increasing oil gas exploration activities
• High growth of oil gas sector has prompted
  energy-dependent industries such as chemicals and
  power generation, which in turn, has increased
  the demand for pressure control equipment in
  North America. According to the U.S. Energy
  Information Administration, the countrys crude
  oil and lease condensate reserves increased to
  39.9 billion barrels in 2014, an increase of 3.4
  billion barrels (9.3 ) from 2013. Moreover,
  according to the U.S. Energy Information
  Administrations (EIA) Annual Energy Outlook
  2015, natural gas consumption of the industrial
  sector will grow at an annual rate of 0.5
  through 2020. 
• High demand for brass regulators across the
  nation
• Various industries across the U.S. are preferring
  industrial gas regulators fabricated brass. As
  compared to other materials such as steel,
  brass-based regulators have smoother internal
  finishes and smaller internal volumes, which
  allows maintaining noncorrosive gases with higher
  purity levels.

8
Competitive Section

• Key players operating in the U.S. industrial gas
  regulators market are GCE Group, Emerson Electric
  Co., Itron, Inc., The Linde Group, Rotarex S.A.,
  Air Liquide S.A., Honeywell Process Solutions,
  Praxair Technology, Inc., Cavagna Group S.p.A,
  and Air Products and Chemicals Inc.

9
Key Developments

• Major companies in the market are focused on
  mergers and acquisitions, in order to enhance the
  market presence. For instance, in July 2019,
  Emerson Electric Co., a U.S.-based company,
  acquired Zedi Inc.s software and automation
  business, in order to help oil and gas producers
  increase production and lower operating costs.
• Key players in the market are involved in
  contracts and agreements, in order to gain a
  competitive edge in the market. For instance, in
  February 2017, Itron, Inc. entered into an
  agreement with Avangrid Inc. to supply electric
  and gas technology infrastructure upgrades for
  New York State Electric Gas Corp. customers in
  Ithaca, N.Y.

10

• Request Sample Report https//www.coherentmarket
  insights.com/insight/request-sample/3694
• Request Customization https//www.coherentmarketi
  nsights.com/insight/request-customization/3694
• Download PDF Brochure https//www.coherentmarketi
  nsights.com/insight/request-pdf/3694
• Talk to Analyst https//www.coherentmarketinsight
  s.com/insight/talk-to-analyst/3694
• Reference
• https//www.coherentmarketinsights.com/market
  -insight/us-industrial-gas-regulator-market-3694

11
About Us

• Coherent Market Insights is a global market
  intelligence and consulting organization focused
  on assisting our plethora of clients achieve
  transformational growth by helping them make
  critical business decisions.
• What we provide
• Customized Market Research Services
• Industry Analysis Services
• Business Consulting Services
• Market Intelligence Services
• Long term Engagement Model
• Country Specific Analysis

12
Contact Us

• Mr. Shah
• Coherent Market Insights Pvt.Ltd.
• Address 1001 4th Ave, 3200 Seattle, WA 98154,
  U.S.
• Phone [phone]
• Email sales_at_coherentmarketinsights.com

13
Thank You!

• Kindly follow CMI Social Media Profiles for the
  latest company updates
• Facebook
• Linkedin
• Twitter
• https//www.coherentmarketinsights.com/