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Industrial Gas Development In China

- Dec 20, 2017 -

Industrial gases are hailed as the "blood" of industry. With the rapid development of China's economy, industrial gas, as one of the basic industries of national economy, plays an increasingly important role in national economy.

2000 years later, the domestic industrial gas industry entered a rapid development phase, in 2006-2007, the growth rate of industry GDP were more than 10%, 2011 industrial output value of nearly 70 billion yuan.

China's industrial gas market space is vast, many areas into a rapid growth stage. Industrial gas industry downstream applications continue to expand, 2002-2012, the demand for energy, environmental protection, medical care increased faster than the traditional steel and non-ferrous metals, coupled with the new coal chemical industry, especially the development of coal natural gas, energy saving and emission reduction requirements to reduce energy consumption and the country's four standard requirements to reduce the sulphur content of diesel oil will be in "Twelve-Five" Accelerated demand for industrial gases.

In the next 5 years, China's industrial gas market will maintain a growth rate of at least 11%, by 2016 to reach more than 120 billion yuan sales. The outsourcing share of the industrial gas market will increase further from 42% in 2008 to 50% in 2015.

China's economy basically maintained a two-digit growth, even under the impact of the international financial crisis, 2009 GDP can maintain more than 8% growth, 2011 also reached more than 9%. Economic growth will bring a lot of benefits: first, the economic development of enterprises to bring the opportunity to flourish, enterprises will create more profits, so that enterprises have the ability to invest; second, the rapid economic development must lead to investment in related industries. The development of the economy has benefited the gas industry more, the gas-related industries to expand investment, must increase the demand for gas. So the period of rapid economic growth is also the best time to invest in gas.

With the rapid development of China's economy, the industrial gas industry, as one of the basic industries of national economy, plays an increasingly important role in the national economy. 2000 years later, the industrial gas industry into a rapid development phase, the huge market demand for China's gas industry to bring a broad space for development, the future of China's industrial gas industry will continue to maintain rapid development trend. It is expected that in the next 5 years, China's industrial gas market will maintain a growth rate of at least 11%, industrial gas applications are very wide, traditional industries mainly for steel, chemical industry, emerging applications include metal processing, coal chemical industry, glass, electricity, electronics, medical, road maintenance, food and beverage and other industries. 2008, steel, chemical industry accounted for 57% of two industries, non-ferrous and other industries on the use of oxygen is relatively dispersed, a total of 43%. By 2015, the proportion of steel and chemical two industries would have fallen to 47%, while other sectors had risen to 53%.


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