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Specialty Gas Market by Types (High Purity, Noble, Carbon, Halogen, & Others), by Applications (Manufacturing, Electronics, Healthcare, Academics, & Others) & Geography - Global Trends and Forecast to 2018

The global market for specialty gas has grown significantly during the past few years and is expected to grow at a more rapid pace in the next five years, mainly driven by growing demand in the Asia-Pacific region. China is experiencing the highest specialty gas demand globally, mainly due to increase in its industrial growth. This global market in other countries is emerging as well and is expected to grow significantly in the future.

This market research study estimates and projects the global market of specialty gas for the period 2011 to 2018. This study provides detailed qualitative and quantitative analysis of the global market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market. The market analysis is further segmented for major geographic regions that are, North America, Europe, Asia-Pacific and Rest of the World. The market analysis is further sub-segmented for major countries like U.S., China, Germany, France, Japan, Brazil and their market revenues are covered for each of the country. The top players of the industry are profiled in detail with their recent developments and other strategic industry activities.

The market has also been segmented on the basis of types and applications. The major types of specialty gas are high purity, noble, carbon, halogen, and others. Its major applications are manufacturing, electronics, healthcare, academics, amongst others. These types and applications have been discussed in detail in the report.

We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of specialty gas. The primary sources – selected experts from related industries and selected suppliers have been interviewed to obtain and verify critical information and to assess its future prospects.

We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Key participants in this global market include Praxair Incorporated (U.S.), Air Products and Chemicals (U.S.), Messer Group GmbH (Germany) and so on.

Scope of the report:
This research report categorizes the global market for specialty gas on the basis of types, applications and geography; forecasting revenues and analyzing trends in each of the submarkets.

On the basis of types:
This global market is segmented on the basis of types such as high purity, noble, carbon, halogen, and others. Each type is further described in detail in the report with revenues projected for each type.

On the basis of applications:
The specialty gas market is segmented on the basis of industry applications such as manufacturing, electronics, healthcare, academics, amongst others. Each application is further described in detail in the report with revenues estimated for each application.

On the basis of geography:
North America, Europe, Asia-Pacific, and ROW and key countries in every region

Specialty gas: $23,162.1 million market by 2018, signifying firm annualized growth rate of 6.1% from 2013 to 2018

The global specialty gas industry is witnessing high growth on an account of increasing applications, technological advancements, and growing demand in the Asia-Pacific region. It is a preferred and widely accepted range of gas due to its inherent properties and wide range of applications. Specialty gas consumption has grown significantly in the recent times and is at an emerging stage in various countries.

Currently, North America is the largest market of specialty gas, acquiring more than 32.4% of the global market. The region has huge installed plant capacities of specialty gases. This global market is emerging in various countries like China, India, South Korea, Brazil, etc. due to increasing industrial activity. Also, fast growing healthcare industry in Asia-Pacific is expected to drive the market in future.

Due to rise in end-use industry growth and increase in new applications, the use of specialty gas in various industries is becoming popular. Moreover, increased demand for photovoltaic products and plasma display panels in U.S.has provided a boost to the industry. Manufacturing and electronics industry is flourishing at a fast pace in emerging economies such as: Asia-Pacific, ultimately driving demand in these regions. The key manufacturers of specialty gas such as: Praxair Incorporated (U.S.), Air Products and Chemicals (U.S.), and Messer Group GmbH (Germany), etc. are investing in expansion activities and new product launches to meet the growing demand.

Specialty Gas: Market Value Share, By Geography, 2012

Specialty Gas Market

Source: MarketsandMarkets Analysis

This report covers the global market by key regions, globally. It also provides detailed segmentation of specialty gas market on the basis of its major types and applications, along with its estimation till 2018.

Table Of Contents

Specialty Gas Market by Types (High Purity, Noble, Carbon, Halogen, and Others), by Applications (Manufacturing, Electronics, Healthcare, Academics, and Others) and Geography - Global Trends and Forecast to 2018
TABLE OF CONTENTS

1 INTRODUCTION 16

1.1 KEY TAKE-AWAYS 16
1.2 REPORT DESCRIPTION 16
1.3 STAKEHOLDERS 17
1.4 RESEARCH METHODOLOGY 17
1.4.1 MARKET SIZE 17
1.4.2 MAJOR SECONDARY SOURCES USED 19
1.4.3 KEY DATA POINTS TAKEN FROM SECONDARY SOURCES 19
1.4.4 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES 19
1.4.5 ASSUMPTIONS 19

2 EXECUTIVE SUMMARY 20

3 PREMIUM INSIGHTS 22

3.1 SPECIALTY GAS MARKET SEGMENTS 22
3.2 SPECIALTY GAS MARKET DYNAMICS 23
3.3 SPECIALTY GAS MARKET GLOBAL OUTLOOK 26
3.4 SPECIALTY GAS APPLICATIONS MARKET 28
3.5 SPECIALTY GAS TYPES MARKET 29

4 MARKET OVERVIEW 30

4.1 INTRODUCTION 30
4.2 VALUE CHAIN ANALYSIS 31
4.2.1 RAW MATERIAL 32
4.2.2 SPECIALTY GAS MANUFACTURERS 32
4.2.3 DISTRIBUTORS' NETWORK 32
4.2.4 INDUSTRY APPLICATION 33
4.3 MARKET DYNAMICS 33
4.3.1 DRIVERS 33
4.3.1.1 Increased Demand for Photovoltaic Products and Plasma Display Panels 34
4.3.1.2 Growing Healthcare Sector Demand 35
4.3.1.3 Rising End-User Industry Growth 36
4.3.2 RESTRAINT 37
4.3.2.1 Structural and Regulatory Restrictions 37
4.3.3 OPPORTUNITIES 38
4.3.3.1 Expected High Demand Growth in Asia's Healthcare Industry 39
4.3.3.2 Development of New Environmental Friendly Technologies and Products 39
4.4 BURNING ISSUE 40
4.4.1 DEMAND FLUCTUATION WITH TECHNOLOGICAL ALTERNATIVES 40
4.5 WINNING IMPERATIVE 41
4.5.1 EXPANDING GEOGRAPHICAL REACH IN ASIA-PACIFIC 41
4.6 REGULATIONS 42
4.7 PORTER'S FIVE FORCES ANALYSIS 43
4.7.1 SUPPLIER'S POWER 43
4.7.2 BUYER'S POWER 44
4.7.3 THREAT OF NEW ENTRANTS 44
4.7.4 THREAT OF SUBSTITUTES 45
4.7.5 DEGREE OF COMPETITION 45

5 SPECIALTY GAS MARKET, BY TYPE 46

5.1 INTRODUCTION 47
5.2 HIGH PURITY GASES 49
5.3 NOBLE GASES 51
5.4 CARBON GASES 53
5.5 HALOGEN GASES 55
5.6 OTHER SPECIALTY GASES 57

6 SPECIALTY GAS MARKET, BY APPLICATION 59

6.1 INTRODUCTION 60
6.2 MANUFACTURING 62
6.3 ELECTRONICS 63
6.4 HEALTHCARE 64
6.5 ACADEMICS 65
6.6 OTHERS 66

7 SPECIALTY GAS MARKET, BY GEOGRAPHY 68

7.1 INTRODUCTION 69
7.2 NORTH AMERICA 70
7.2.1 OVERVIEW 70
7.2.2 U.S. 73
7.2.3 CANADA 76
7.2.4 MEXICO 78
7.3 EUROPE 80
7.3.1 OVERVIEW 80
7.3.2 GERMANY 83
7.3.3 FRANCE 86
7.3.4 U.K. 89
7.3.5 ITALY 92
7.3.6 SPAIN 95
7.4 ASIA-PACIFIC 97
7.4.1 OVERVIEW 97
7.4.2 CHINA 101
7.4.3 JAPAN 104
7.4.4 INDIA 107
7.4.5 SOUTH KOREA 110
7.4.6 TAIWAN 112
7.5 ROW 114
7.5.1 OVERVIEW 114
7.5.2 SAUDI ARABIA 117
7.5.3 BRAZIL 119

8 COMPETITIVE LANDSCAPE 122

8.1 INTRODUCTION 123
8.2 EXPANSION: THE MOST POPULAR GROWTH STRATEGY 124
8.3 MAXIMUM DEVELOPMENTS IN 2013 125
8.4 NORTH AMERICA: REGION WITH MAXIMUM DEVELOPMENTS 126
8.5 PRAXAIR INC., AIR LIQUIDE S.A., AIR PRODUCTS AND CHEMICALS INC., AND AIRGAS INC.: THE MOST ACTIVE PARTICIPANTS 127

9 COMPANY PROFILE 128

9.1 3M COMPANY 128
9.1.1 INTRODUCTION 128
9.1.2 PRODUCTS and SERVICES 129
9.1.3 STRATEGY and INSIGHTS 129
9.1.4 DEVELOPMENTS 129
9.2 ADVANCED GAS TECHNOLOGIES INC. 130
9.2.1 INTRODUCTION 130
9.2.2 PRODUCTS and SERVICES 130
9.2.3 STRATEGY and INSIGHTS 130
9.3 ADVANCED SPECIALTY GASES INC. 130
9.3.1 INTRODUCTION 130
9.3.2 PRODUCTS and SERVICES 131
9.3.3 STRATEGY and INSIGHTS 131
9.4 AIR PRODUCTS AND CHEMICALS INC. 132
9.4.1 INTRODUCTION 132
9.4.2 PRODUCTS and SERVICES 133
9.4.3 STRATEGY and INSIGHTS 133
9.4.4 DEVELOPMENTS 133
9.4.5 MNM VIEW 134
9.4.6 SWOT ANALYSIS 135
9.5 AIRGAS INCORPORATED 136
9.5.1 INTRODUCTION 136
9.5.2 PRODUCTS and SERVICES 137
9.5.3 STRATEGY and INSIGHTS 137
9.5.4 DEVELOPMENTS 137
9.5.5 MNM VIEW 138
9.5.6 SWOT ANALYSIS 139
9.6 E.I. DU PONT DE NEMOURS and CO. 140
9.6.1 INTRODUCTION 140
9.6.2 PRODUCTS and SERVICES 141
9.6.3 STRATEGY and INSIGHTS 141
9.6.4 DEVELOPMENTS 141
9.7 HONEYWELL INTERNATIONAL INC. 142
9.7.1 INTRODUCTION 142
9.7.2 PRODUCTS and SERVICES 143
9.7.3 STRATEGY and INSIGHTS 143
9.7.4 DEVELOPMENTS 143
9.8 KANTO DENKA KOGYO CO. LTD. 144
9.8.1 INTRODUCTION 144
9.8.2 PRODUCTS and SERVICES 144
9.8.3 STRATEGY and INSIGHTS 144
9.9 L'AIR LIQUIDE S.A. 145
9.9.1 INTRODUCTION 145
9.9.2 PRODUCTS and SERVICES 146
9.9.3 STRATEGY and INSIGHTS 146
9.9.4 DEVELOPMENTS 146
9.9.5 MNM VIEW 147
9.9.6 SWOT ANALYSIS 148
9.10 MESSER GROUP GMBH 149
9.10.1 INTRODUCTION 149
9.10.2 PRODUCTS and SERVICES 150
9.10.3 STRATEGY and INSIGHTS 150
9.10.4 DEVELOPMENTS 150
9.11 MITSUI CHEMICALS INC. 151
9.11.1 INTRODUCTION 151
9.11.2 PRODUCTS and SERVICES 152
9.11.3 STRATEGY and INSIGHTS 152
9.11.4 DEVELOPMENTS 152
9.12 NORCO INCORPORATED 153
9.12.1 INTRODUCTION 153
9.12.2 PRODUCTS and SERVICES 153
9.12.3 STRATEGY and INSIGHTS 153
9.12.4 DEVELOPMENTS 154
9.13 NOVA GAS TECHNOLOGIES INC. 155
9.13.1 INTRODUCTION 155
9.13.2 PRODUCTS and SERVICES 155
9.13.3 STRATEGY and INSIGHTS 155
9.14 PRAXAIR INCORPORATED 156
9.14.1 INTRODUCTION 156
9.14.2 PRODUCTS and SERVICES 157
9.14.3 STRATEGY and INSIGHTS 157
9.14.4 DEVELOPMENTS 157
9.14.5 MNM VIEW 158
9.14.6 SWOT ANALYSIS 159
9.15 SHOWA DENKO K.K. 160
9.15.1 INTRODUCTION 160
9.15.2 PRODUCTS and SERVICES 160
9.15.3 STRATEGY and INSIGHTS 161
9.15.4 DEVELOPMENTS 161
9.16 TAIYO NIPPON SANSO CORP. 162
9.16.1 INTRODUCTION 162
9.16.2 PRODUCTS and SERVICES 162
9.16.3 STRATEGY and INSIGHTS 163
9.16.4 DEVELOPMENTS 163
9.17 THE LINDE GROUP 164
9.17.1 INTRODUCTION 164
9.17.2 PRODUCTS and SERVICES 165
9.17.3 STRATEGY and INSIGHTS 165
9.17.4 DEVELOPMENTS 165
9.17.5 MNM VIEW 166
9.17.6 SWOT ANALYSIS 167
9.18 WELSCO INCORPORATED 168
9.18.1 INTRODUCTION 168
9.18.2 PRODUCTS and SERVICES 168
9.18.3 STRATEGY and INSIGHTS 168

APPENDIX 169

DEVELOPMENTS 169



LIST OF TABLES

TABLE 1 SPECIALTY GAS: MARKET VALUE, BY GEOGRAPHY,
2011-2018 ($MILLION) 20
TABLE 2 POPULATION: CHINA and INDIA, 2012 35
TABLE 3 SPECIALTY GAS: MARKET VALUE, BY TYPE, 2011-2018 ($MILLION) 48
TABLE 4 HIGH PURITY GASES: PROPERTIES 49
TABLE 5 HIGH PURITY GASES: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY, 2011-2018 ($MILLION) 50
TABLE 6 NOBLE GASES: PROPERTIES 51
TABLE 7 NOBLE GASES: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY, 2011-2018 ($MILLION) 52
TABLE 8 CARBON GASES: PROPERTIES 53
TABLE 9 CARBON GASES: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY, 2011-2018 ($MILLION) 54
TABLE 10 HALOGEN GASES: PROPERTIES 55
TABLE 11 HALOGEN GASES: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY, 2011-2018 ($MILLION) 56
TABLE 12 OTHER SPECIALTY GASES: PROPERTIES 57
TABLE 13 OTHER SPECIALTY GASES: SPECIALTY GAS MARKET VALUE,
BY GEOGRAPHY, 2011-2018 ($MILLION) 58
TABLE 14 SPECIALTY GAS: MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 61
TABLE 15 MANUFACTURING: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY, 2011-2018 ($MILLION) 62
TABLE 16 ELECTRONICS: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY,
2011-2018 ($MILLION) 63
TABLE 17 HEALTHCARE: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY,
2011-2018 ($MILLION) 64
TABLE 18 ACADEMICS: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY,
2011-2018 ($MILLION) 65
TABLE 19 OTHERS: SPECIALTY GAS MARKET VALUE, BY GEOGRAPHY,
2011-2018 ($MILLION) 66
TABLE 20 NORTH AMERICA: SPECIALTY GAS MARKET VALUE, BY COUNTRY, 2011-2018 ($MILLION) 70
TABLE 21 NORTH AMERICA: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 71
TABLE 22 NORTH AMERICA: SPECIALTY GAS MARKET VALUE, BY APPLICATION, 2011-2018 ($MILLION) 72
TABLE 23 U.S.: GROWTH INDICATORS 73
TABLE 24 U.S.: SPECIALTY GAS MARKET VALUE, BY TYPE, 2011-2018 ($MILLION) 74
TABLE 25 U.S.: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 75
TABLE 26 CANADA: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 76
TABLE 27 CANADA: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 77
TABLE 28 MEXICO: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 78
TABLE 29 MEXICO: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 79
TABLE 30 EUROPE: SPECIALTY GAS MARKET VALUE, BY COUNTRY,
2011-2018 ($MILLION) 80
TABLE 31 EUROPE: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 81
TABLE 32 EUROPE: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 82
TABLE 33 GERMANY: GROWTH INDICATORS 83
TABLE 34 GERMANY: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 84
TABLE 35 GERMANY: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 85
TABLE 36 France: GROWTH INDICATORS 86
TABLE 37 France: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 87
TABLE 38 France: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 88
TABLE 39 U.K.: GROWTH INDICATORS 89
TABLE 40 U.K.: SPECIALTY GAS MARKET VALUE, BY TYPE, 2011-2018 ($MILLION) 90
TABLE 41 U.K.: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 91
TABLE 42 ITALY: GROWTH INDICATORS 92
TABLE 43 ITALY: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 93
TABLE 44 ITALY: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 94
TABLE 45 SPAIN: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 95
TABLE 46 SPAIN: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 96
TABLE 47 ASIA-PACIFIC: SPECIALTY GAS MARKET VALUE, BY COUNTRY,
2011-2018 ($MILLION) 98
TABLE 48 ASIA-PACIFIC: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 99
TABLE 49 ASIA-PACIFIC: SPECIALTY GAS MARKET VALUE, BY APPLICATION, 2011-2018 ($MILLION) 100
TABLE 50 CHINA: GROWTH INDICATORS 101
TABLE 51 CHINA: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 102
TABLE 52 CHINA: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 103
TABLE 53 JAPAN: GROWTH INDICATORS 104
TABLE 54 JAPAN: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 105
TABLE 55 JAPAN: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 106
TABLE 56 INDIA: GROWTH INDICATORS 107
TABLE 57 INDIA: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 108
TABLE 58 INDIA: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 109
TABLE 59 SOUTH KOREA: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 110
TABLE 60 SOUTH KOREA: SPECIALTY GAS MARKET VALUE, BY APPLICATION, 2011-2018 ($MILLION) 111
TABLE 61 TAIWAN: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 112
TABLE 62 TAIWAN: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 113
TABLE 63 ROW: SPECIALTY GAS MARKET VALUE, BY COUNTRY,
2011-2018 ($MILLION) 114
TABLE 64 ROW: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 115
TABLE 65 ROW: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 116
TABLE 66 SAUDI ARABIA: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 117
TABLE 67 SAUDI ARABIA: SPECIALTY GAS MARKET VALUE, BY APPLICATION, 2011-2018 ($MILLION) 118
TABLE 68 BRAZIL: GROWTH INDICATORS 119
TABLE 69 BRAZIL: SPECIALTY GAS MARKET VALUE, BY TYPE,
2011-2018 ($MILLION) 120
TABLE 70 BRAZIL: SPECIALTY GAS MARKET VALUE, BY APPLICATION,
2011-2018 ($MILLION) 121



LIST OF FIGURES

FIGURE 1 SPECIALTY GAS: MARKET SHARE, BY GEOGRAPHY, 2012 21
FIGURE 2 SPECIALTY GAS: MARKET SEGMENTATION 22
FIGURE 3 SPECIALTY GAS: MARKET DYNAMICS 23
FIGURE 4 SPECIALTY GAS: DRIVERS VS RESTRAINT 24
FIGURE 5 SPECIALTY GAS: PORTER'S FIVE FORCES ANALYSIS 25
FIGURE 6 SPECIALTY GAS: REGIONAL MARKET LIFE CYCLE 26
FIGURE 7 SPECIALTY GAS MARKET: GLOBAL and REGIONAL OVERVIEW 27
FIGURE 8 SPECIALTY GAS: MARKET SHARE, BY APPLICATION, 2012 VS 2018 28
FIGURE 9 SPECIALTY GAS: MARKET SHARE, BY TYPE, 2012 29
FIGURE 10 SPECIALTY GAS: MAJOR TYPES 30
FIGURE 11 VALUE CHAIN FOR SPECIALTY GAS MARKET 31
FIGURE 12 SPECIALTY GAS MARKET: IMPACT OF MAJOR DRIVERS, 2013-2018 34
FIGURE 13 SPECIALTY GAS MARKET: IMPACT OF MAJOR RESTRAINT, 2013-2018 37
FIGURE 14 SPECIALTY GAS MARKET: IMPACT OF MAJOR OPPORTUNITIES,
2013-2018 38
FIGURE 15 PORTER'S FIVE FORCES ANALYSIS 43
FIGURE 16 SPECIALTY GAS: MARKET SHARE, BY TYPE, 2012 47
FIGURE 17 SPECIALTY GAS: MARKET SHARE, BY APPLICATION, 2012 60
FIGURE 18 SPECIALTY GAS: MARKET SHARE, BY GEOGRAPHY, 2012 69
FIGURE 19 SPECIALTY GAS: MARKET SHARE, BY GROWTH STRATEGY, 2010-2013 124
FIGURE 20 SPECIALTY GAS MARKET: DEVELOPMENTS, 2010-2013 125
FIGURE 21 SPECIALTY GAS: GROWTH STRATEGIES, MARKET SHARE,
BY GEOGRAPHY, 2010-2013 126
FIGURE 22 SPECIALTY GAS: MARKET SHARE, BY COMPANY, 2010-2013 127
FIGURE 23 AIR PRODUCTS: SWOT ANALYSIS 135
FIGURE 24 AIRGAS INCORPORATED: SWOT ANALYSIS 139
FIGURE 25 AIR LIQUIDE: SWOT ANALYSIS 148
FIGURE 26 PRAXAIR INC.: SWOT ANALYSIS 159
FIGURE 27 LINDE: SWOT ANALYSIS 167

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