Egypt Specialty Gases Market - Forecast(2021 - 2026)
Specialty gases refer to gases such as bump test gases, zero gases, carrier gases, span gases and calibration gases. In the report scope, high purity gases and ultrapure gases are considered. Specialty gases may be gas mixtures or pure gases. Many industries, including analytical, pharmaceutical, electronics and petrochemical, benefit from the unique properties of specialty gases, which help improve yields, optimize performance, and lower costs. The Egypt specialty gases market was valued at $111.72m in 2017 and is estimated to reach $169.69m by 2023, growing at a CAGR of 7.20% during the forecast period 2018–2023. A few of the planned refinery projects in Egypt have been delayed and a few of its oil refineries are operating well below their capacities because of aging infrastructure and maintenance issues. Hence, there is a growing demand for oil and gas in the country. This, in turn, is set to boost the demand for specialty gases, which find applications in analytical instrumentatio...