According to the latest research report of consulting firm Campbell & Associates (USA), the global industrial gas market will grow by about 8% in 2011, driven by strong demand growth in emerging markets, healthcare and electronics. The pipeline hydrogen will continue to be a major driving force for the growth of the industrial gas market.
Air Liquide estimates that the company's annual sales revenue will grow by an average of 8% to 10% before 2015. In the next five years, the company's investment in emerging economies will account for 80% of the company's total investment. In 2011, the company has launched a number of new industrial gas projects, including an air separation unit (ASU) serving Dongbei Special Steel Group in Dalian, China, and an ASU serving local copper manufacturer Aurubis in Hamburg, Germany. .
American Air Products Company stated that since 2010, the global electronics industry has made great progress and will continue to recover in 2011. A large part of the company’s earnings growth in the future will come from some new projects. For this reason, the company has increased its investment budget for 2011 by 15% to approximately US$1.5 billion.
The United States Praxair Company stated that about 65% of the total investment in the company's new construction projects will occur in China, India, Mexico and South America in 2011. In the next few years, operating income from these regions will be fast at a compound annual growth rate of 14%. increase.
Campbell said that some emerging end markets, such as carbon dioxide capture and shale gas exploration, will also provide new growth opportunities for industrial gas companies, just as the solar market offers growth opportunities for industrial gas companies, even though these markets are currently Still rely on government subsidies.
John Campbell, President of Campbell, said that the final results of US Air Products' attempt to acquire the Air Gas Company will soon be revealed. The Florida State Civil Tribunal supports the Air Gas Poison Project (a metaphor for avoiding being merged Judgment to the other party for a highly costly obstruction measure is expected to be made on January 14th. If the court side supports Air Gas, the deal will not happen. Air Products, however, said that the company has developed an alternative plan that will allow it to enter the US packaging gas market even if it cannot acquire an air-gas company.
Air Liquide estimates that the company's annual sales revenue will grow by an average of 8% to 10% before 2015. In the next five years, the company's investment in emerging economies will account for 80% of the company's total investment. In 2011, the company has launched a number of new industrial gas projects, including an air separation unit (ASU) serving Dongbei Special Steel Group in Dalian, China, and an ASU serving local copper manufacturer Aurubis in Hamburg, Germany. .
American Air Products Company stated that since 2010, the global electronics industry has made great progress and will continue to recover in 2011. A large part of the company’s earnings growth in the future will come from some new projects. For this reason, the company has increased its investment budget for 2011 by 15% to approximately US$1.5 billion.
The United States Praxair Company stated that about 65% of the total investment in the company's new construction projects will occur in China, India, Mexico and South America in 2011. In the next few years, operating income from these regions will be fast at a compound annual growth rate of 14%. increase.
Campbell said that some emerging end markets, such as carbon dioxide capture and shale gas exploration, will also provide new growth opportunities for industrial gas companies, just as the solar market offers growth opportunities for industrial gas companies, even though these markets are currently Still rely on government subsidies.
John Campbell, President of Campbell, said that the final results of US Air Products' attempt to acquire the Air Gas Company will soon be revealed. The Florida State Civil Tribunal supports the Air Gas Poison Project (a metaphor for avoiding being merged Judgment to the other party for a highly costly obstruction measure is expected to be made on January 14th. If the court side supports Air Gas, the deal will not happen. Air Products, however, said that the company has developed an alternative plan that will allow it to enter the US packaging gas market even if it cannot acquire an air-gas company.