The global high purity gas market is anticipated to grow at a CAGR of 6.2% during the forecast period (2022-2028). The semiconductor industry is vast and continues to grow every year, which signifies the demand for high purity gases will grow alongside it. Having a supply of high purity gases is important to semiconductor manufacturing especially when it comes to advanced technologies used in the electronic sector such as smartphones, laptops, and the automotive sector such as self-driving cars. The process of producing integrated circuits is complex and requires various gasses throughout all the stages which demand the use of different gases.
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Gases are major components of semiconductor manufacturing as gases create the chemical reactions and environment set-up needed to shape a semiconductor’s electrical properties and to avoid the addition of impurities during the manufacturing process. Owing to its complexity and safety, the gases used are required to be precise and accurate at every stage of the manufacturing process to configure the semiconductor properly. As the semiconductor industry continues to grow, the demand for high purity gases continues to rise especially in North America and Asia Pacific region. High demand for such pure gas is pushing the major players to increase their capacities and global presence to meet the ever-growing demand thereby driving the high purity gas market globally. For instance, in February 2022, Linde, a high-purity gas producer and supplier company announced to supply high-purity industrial gases to semiconductor manufacturers in Singapore. The company will build, own and operate a state-of-the-art SPECTRA generator to produce ultra-high-purity nitrogen and oxygen for the customer’s new multi-billion-dollar semiconductor fabrication plant. In August 2022, Japan’s Sumitomo Company announced to expand its high-purity chemicals capacity in Japan to meet the demand for rising semiconductor manufacturing in the region.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global High Purity Gas Market by Product
- High Atmospheric Gases
- Noble Gases
- Carbon Gases
- Others (Halogen, Chlorine, and Fluorine)
Global High Purity Gas Market by Function
- Insulation
- Illumination
- Cooling
Global High Purity Gas Market by END-USER INDUSTRYr Industry
- Metal Production
- Oil & Gas
- Chemical
- Electronics
- Medical & Healthcare
- Food & Beverage
- Aerospace
- Automotive
- Others?
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advanced Specialty Gases Inc.
- Airgas Inc.
- Deluxe Industrial Gases
- Gulf Cryo
- Matheson Tri-Gas Inc.
- Nexair LLC.
- Praxair Inc.
- Taiyo Nippon Sanso Corp.
- Universal Industrial Gases, Inc.
- Yingde Gases Group
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global high purity gas market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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