Industry Analysis & Industry Trends
Technology innovations and rising demand from consumer industries have fuelled considerable growth in Australia's Industrial Gas Manufacturing industry. The industry has evolved in line with changing demand patterns, the ongoing development of new products and technologies, and growing environmental concerns. The industry remains oligopolistic, dominated by tier one players, which dominate the industry locally, globally and along the entire supply chain, operating at all key levels. Capacity expansions from these players drove rapid revenue growth over the past five years. Capacity, however, outpaced demand and profitability declined... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four players in the local industrial gases manufacturing market are estimated to account for approximately 50% of industry revenue. In the world market for industrial gases, the top four firms control approximately 60% of revenue. The global concentration of industrial gas manufacturing echoes in the Australian market in the concentration of domestic manufacturing. Concentration levels within the domestic industry have increased in recent years in line with the consolidation process that is occurring within the industry as larger operators benefit from scale. This trend is expected to continue in the near future... purchase to read more