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Russia Industrial Gas Market Report 2017

Russia Industrial Gas Market Report 2017

  • October 2017
  • 49 pages
  • ID: 5161741
  • Format: PDF
  • By The Business Research Company

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Russia was the largest industrial gas market in Eastern Europe, generating revenues of $0.8 billion in 2016. It currently has about 1.2% share of the global industrial gas market. The market in the Russia grew at a CAGR of 11.7% in the historic period and is expected to grow at a CAGR of 9.3% in the forecast period. The industrial gas market was dominated by the by oxygen and nitrogen. The general manufacturing industry was the largest end-user market followed by metallurgical, chemical and healthcare industries. Going forward, increasing need to modernize infrastructure and move towards more efficient industrial practices are expected to be key drivers for industrial gas market in Russia.

Nitrogen was the largest segment in the industrial gas market with around 28% share of the market, worth $0.23 billion. This market share of nitrogen can be attributed to its wide range of applications in metal and manufacturing sectors which contributes around 40% of the industrial gas revenues in Russia. Hydrogen was the second largest segment with around 18% share of the industrial gas market. Oxygen was the third largest segment with around 17% share of the industrial gas market.

Pressure Swing Adsorption Technology For Nitrogen Production
Industrial gas companies are increasingly using pressure swing adsorption (PSA) technology as a cost-effective and highly efficient method to produce nitrogen. PSA systems operate on the principle of adsorption. They consist of adsorption vessels packed with carbon molecular sieves (CMS), which are capable of adsorbing carbon dioxide and residual moisture. At high pressures, CMS selectively adsorbs oxygen, thus allowing nitrogen to pass through at the desired purity level. On-site generation of nitrogen using PSA systems is more cost-effective than traditional cryogenic distillation or stored liquid nitrogen. PSAs can economically produce nitrogen at flow rates from less than 5,000 scfh to greater than 60,000 scfh, and at purities from 95% to 99.9995%. Mahler AGS, a German manufacturer of on-site gas generation plants, is using PSA systems for low-cost production of nitrogen. Major industrial gas companies such as Linde, Air Products, Air Liquide and Praxair are using PSA systems to enhance nitrogen production.

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