Gas regulator is the apparatus used for regulating and controlling inlet pressure to constant outlet pressure. Generally, gas regulators are comprised of a separate pressure sensor with the controller and flow valve. However, it can also be comprised of an integrated device with an output pressure setting, a restrictor, and a sensor. These gas regulators are used in various industries including oil & natural gas, chemicals, gas pipelines, power generation, etc.
In 2021, U.S. Industrial Gas Regulator Market is estimated to reach US$ 2,767.7 Bn in terms of value.
Increasing demand for novel products that provide enhanced performance and consistency and reduced environmental impact are expected to boost the demand for new technologies in the near future. For instance, in July 2013, Linde Group introduced hybrid premium regulators named Smoothflo. Moreover, growing food and beverage industry in The U.S. is expected to drive the market in this region positively, as gas is an essential part of food processing industry. For instance, Food and beverage sector in the U.S. has witnessed significant growth in the recent past, owing to growing population, increasing urbanization, and high demand for food products. According to the Committee for Economic Development (CED), the annual food sector sales are around US$ 1.4 Billion, of which food and beverage industry generate around US$ 164 billion.
Stringent regulatory scenario related to industrial gas regulators is expected to restrain growth of the U.S. industrial gas regulator market during the forecast period. As manufacturing of gas regulators requires a particular set of standards across industry verticals such as Material Safety Data Sheet (MSDS) standards for industrial gas regulators. Furthermore, in the U.S., the American Gas Association (AGA) monitors gas regulators norms under the Accredited Standards Committee (ASC).
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.
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