Industrial, Medical and Specialty Gases – A Global Market Overview
Industrial, Medical and Specialty Gases – A Global Market Overview The global economy has grown faster in 2014 than it did in the year 2013 and economic experts predict that the trend is expected to continue at least coming few years. Also, global industrial production indexes for 2014 and beyond reveal that the industrial production has been increasing across the globe and is expected to increase further. Industrial production has been showing positive sings across Europe and Japan and growing in the United States and China. Moreover, growth in the emerging economies will remain the most important driver of global economic trends over the coming years. The automotive industry is picking up in the US and also in large Asian countries, China and India. Steel production is growing in Asia region mostly contributed by China. Also, the chemical sector has recorded significant rates of growth in China and in the United States. In addition to anticipated growth in the global economies, m