Industry Analysis & Industry Trends
Technological innovations and changing demand patterns from key consumer industries have influenced the gradual evolution of the Industrial Gas Manufacturing industry since its inception in the late 19th century. The industry has recently evolved in line with changing demand patterns, the ongoing development of new products and technologies, and growing environmental concerns. At the same time, the industry remains essentially an oligopolistic one, dominated by the same players that were in existence over 100 years ago. These tier-one players dominate the industry both on a global scale, as well as along the entire supply chain, operating at all key levels... purchase to read more
Industry Report - Industry Investment Chapter
Involving a highly technical process, the industry is capital intensive in both production and distribution. Reflected in this intensity is the need for economies of scale, which requires large-scale production units and distribution networks, both of which involve substantial capital investments. The assets required include air-separation units, purification facilities, liquefiers, filling centres, containers, cylinders and insulated road or rail tankers. In addition, plants tend to be highly automated, requiring limited on-site labour. Thus, the industry tends to be characterised by its high degree of capital intensity... purchase to read more