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Rising Industrial Activities & Usage of Natural Gas to Propel U.S. Industrial Gas Regulator Market during 2016-2024
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Rising Industrial Activities & Usage of Natural Gas to Propel U.S. Industrial Gas Regulator Market during 2016-2024

Albany, New York, March 1, 2017: With a prime focus on the United States market, a new study has been released and added to the vast repository of Market Research Hub (MRH), entitled as “Industrial Gas Regulator Market U.S. and Forecast 2016-24”. The main purpose of the study is to provide a holistic perspective of the market, together with the brief analysis on market driving trends, restraints and future growth opportunities. By analyzing the overall market scenario, research analysts have estimated that the U.S. industrial gas regulators market will reach a valuation of US$3.0 bn by the end of 2024. Additionally, the overall market is expected to witness a upsurge of 3% CAGR during the forecast period of 2016-2024. 

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Moreover, the report describes that oil and gas industry is foreseen to lead the U.S. industrial gas regulators market. The prime reason for this dominance is due to the increasing demand for new, enhanced and advanced gas regulators for maintaining gas pressure during fluctuating temperatures.

In the initial section, the report starts by defining the scope and demand for Industrial gas regulators from several years. The industrial gas regulators are used for controlling, maintaining and monitoring the pressure of the gas and also to maintain the direction of gas in the piping system. In terms of applications, the industrial gas regulators are applicable in a large number of industries which includes oil & gas, chemical, steel & metal processing, pharmaceutical, food & beverages and others.

On the basis of gas type, the market has been categorized into:

  • Toxic
  • Inert
  • Corrosive

Based on regulator type, the market is segmented into a single stage and dual stage. Among these, the demand for single stage regulators is projected to do impressively well and remain steady due to their widening applications such as chromatography, high purity chamber and pressurization calibration. Further, the report provides market attractiveness analysis for each of the segment based on their CAGR and market share.

Moreover, the study finds that the increasing usage of natural gas, a key fuel for various industrial processes, is one of the crucial factors which is anticipated to trigger a demand for industrial gas regulators in the coming years. As industries are using natural gas to run boilers & heaters, they are expected to make use of gas regulators. The overall market also stands to benefit from the booming oil and gas, chemical, steel & metal and automotive industries.

Get Full Info. With TOC: http://www.marketresearchhub.com/report/industrial-gas-regulator-market-us-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html

Moving further, competitive landscape section covers the details of the key players operating in the market. They are as follows:

Air Products and Chemicals Inc., Emerson Electric Co., Air Liquide S.A., Praxair Technology, Inc., GCE Group, Cavagna Group Spa., Itron, Inc., Rotarex S.A., Honeywell Process Solutions and The Linde Group.

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MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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About MarketResearchHub

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps. MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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