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An industrial gas regulator is a control device that regulates and maintains the gas pressure, in order to ensure safe and effective operations. Gas regulators are consist of a separate pressure sensor with a controller and flow valve. If the flow load is increased, the regulator flow also increases. Whereas regulator flow decreases with decrease in the load flow, in order to maintain controlled pressure. These gas regulators are used in various industries including oil & natural gas, chemicals, gas pipelines, power generation, etc. Pressure reducing regulators are adopted for maintaining required outlet pressure while delivering the necessary gas flow, which will satisfy the downstream demand. There three main types of gas regulators used in industries namely inert, corrosive, and toxic.

The U.S. Industrial Gas Regulator Market was estimated to account for US$ 2.7 billion in terms of value in 2021 and is predicted to grow at a CAGR of 4.8% during the forecast period (2022 to 2030).

Recent Developments:

  1. On June 2021, GCE Group a manufacturer of gas control equipment has launched the MediTec high pressure regulator, an innovative design blending thorough manufacturing expertise with professional medical knowledge. Offering up to 25 lpm, the regulator can be utilised for both cluster headache treatment and resuscitations.

Market Driver:                                                      

  • 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. Constant enhancement in gas regulators is expected to set new quality standards in performance by replacing diaphragm used in conventional regulators with piston. With this, regulators can be operated at an increased frequency and enhanced pressure stability, which in turn, is expected to boost growth of the market during the forecast period. For instance, in July 2013, Linde Group introduced hybrid premium regulators named Smoothflo.
  • The use of industrial equipment with natural gas fuel is increasing rapidly. Industrial boilers and furnaces are some of the major such examples that use natural gas as fuel. These boilers are used in various industries including paper, chemicals, food, refining, chemicals, and manufacturing. Industrial gas regulators play a major role in maintaining, controlling, and monitoring gas flow and pressure in these appliances. According to Coherent Market Insights’ analysis, the U.S. food manufacturing industry has over 1,000 industrial boilers, of which some use natural gas as a fuel. On the contrary, the paper industry requires massive industrial boilers to burn production waste, paper, and pulp. Moreover, according to the same source, there are over 300 chemical plants in the U.S. Thus, these factors are expected to propel the U.S. industrial gas regulators market growth over the forecast period.

Restraint:

  • Strict regulatory policies involved in industrial gas regulators manufacturing are expected to hamper the U.S. industrial gas regulators market growth over the forecast period
  • Vibrant political scenarios across the globe are expected to hinder the U.S. industrial gas regulators market growth over the forecast period

U.S. Industrial Gas Regulator Market - Impact of Coronavirus (Covid-19) Pandemic:

Due to the outbreak of the Covid-19 pandemic, almost every industry in the U.S. got significantly affected on the demand outlook for the industrial gas regulator market. Furthermore shortage of raw materials disrupted and hampered logistics operations, demand and supply chains, and lack of workforce were also some major concerns hindering the industrial gas regulator market.

Market Trends

Increasing oil & gas exploration activities

High growth of oil & gas sector has prompted energy-dependent industries such as chemicals and power generation, which in turn, has increased the demand for pressure control equipment in North America. According to the U.S. Energy Information Administration, the country’s crude oil and lease condensate reserves increased to 39.9 billion barrels in 2014, an increase of 3.4 billion barrels (9.3 %) from 2013. Moreover, according to the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2015, natural gas consumption of the industrial sector will grow at an annual rate of 0.5% through 2020.

High demand for brass regulators across the nation

Various industries across the U.S. are preferring industrial gas regulators fabricated brass. As compared to other materials such as steel, brass-based regulators have smoother internal finishes and smaller internal volumes, which allows maintaining noncorrosive gases with higher purity levels.

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U.S. Industrial Gas Regulator Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 2.7 Bn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 4.8% 2030 Value Projection: US$ 4.1 Bn
Geographies covered:
  • U.S.
Segments covered:
  • By Application: Oil & Gas, Chemical, Steel & Metal Processing, Pharmaceutical, Food & Beverage, and Others.
  • By Gas Type: Inert, Toxic and Corrosive
  • By Regulator Type: Single Stage and Dual Stage
Companies covered:

GCE Group, Emerson Electric Co., Itron, Inc., The Linde Group, Rotarex S.A., Air Liquide S.A., Honeywell Process Solutions, Praxair Technology, Inc., Cavagna Group S.p.A, and Air Products and Chemicals Inc.

Growth Drivers:
  • Rising demand for technologically advanced gas regulators is expected to drive growth of the U.S. industrial gas regulators market during the forecast period
  • Increasing demand for natural gas fuel-based equipment is expected to propel the U.S. industrial gas regulators market growth over the forecast period
Restraints & Challenges:
  • Strict regulatory policies involved in industrial gas regulators manufacturing are expected to hamper the U.S. industrial gas regulators market growth over the forecast period
  • Vibrant political scenarios across the globe are expected to hinder the U.S. industrial gas regulators market growth over the forecast period.

Market Opportunity:

  • Gas processing equipment is being increasingly used in automotive industry for various manufacturing processes including the use of Oxyfuel-based cutting and welding in automotive fabrication processes. Moreover, rising preference for gas-powered automobiles is expected to boost the demand for gas regulators across the automobile sector including gas regulators for the pressure indicators of the tanks of liquefied petroleum gas (LPG) and compressed natural gas (CNG) used to power automobiles. Furthermore, industrial gas regulators can also be used in cyclic automotive industry aspects of tire air inflation and refilling machinery.
  • Chemicals sector is another major end-use sector that is increasingly adopting industrial gas regulators. Different types of gases are used in chemicals industry including inert, toxic, and corrosive. Monitoring and controlling these gases is crucial as leakage of any of them would lead to hazardous events. Industrial gas regulators can efficiently maintain and control desired gas pressure and provide required output whenever needed. Key players in the market can gain competitive edge by targeting the particular sector and providing suitable products.

Figure 1. U.S. Industrial Gas Regulator Market, Revenue Share (%), By Gas Type Segment, 2021

U.S. Industrial Gas Regulator  | Coherent Market Insights

In U.S Industrial Gas Regulator Market, by Gas Type segment, Inert sub segment dominated the global market in 2021, accounting for 60.2% share in terms of value

Figure 2: U.S. Industrial Gas Regulator Market (US$ Mn) Analysis and Forecast, 2022 - 2030

U.S. Industrial Gas Regulator  | Coherent Market Insights

U.S. Industrial Gas Regulator Market was valued at US$ 2,767.7 Bn in 2021 and is expected to reach US$ 4,163.5 Bn by 2030, growing at a CAGR of 4.8% between 2022 and 2030.         

Major players operating in the U.S. industrial gas regulator Market include Leading Companies active in the market include GCE Group, Emerson Electric Co., Itron, Inc., The Linde Group, Rotarex S.A., Air Liquide S.A., Honeywell Process Solutions, Praxair Technology, Inc., Cavagna Group S.p.A, and Air Products and Chemicals Inc.

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.

Market Dynamics

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:

  • This report provides an in-depth analysis of the U.S. industrial gas regulator market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2017 – 2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the U.S. industrial gas regulator market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key players operating in the U.S. industrial gas regulators market are GCE Group, Emerson Electric Co., Itron, Inc., The Linde Group, Rotarex S.A., Air Liquide S.A., Honeywell Process Solutions, Praxair Technology, Inc., Cavagna Group S.p.A, and Air Products and Chemicals Inc.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The U.S. industrial gas regulator market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the U.S. industrial gas regulator market.

Detailed Segmentation

  • U.S. Industrial Gas Regulator Market, By Application
    • Oil and Gas
    • Chemical
    • Steel & Metal Processing
    • Pharmaceuticals
    • Food & Beverage
    • Others
  •  U.S. Industrial Gas Regulator Market, By Gas Type
    • Inert
    • Toxic
    • Corrosive
  • U.S. Industrial Gas Regulator Market, By Deployment Model
    • Single Stage   
    • Double Stage
  • Company Profiles
    • GCE Group*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Emerson Electric Co.
    • Itron, Inc.
    • The Linde Group
    • Rotarex S.A.
    • Air Liquide S.A
    • Honeywell Process Solutions
    • Praxair Technology, Inc.
    • Cavagna Group S.p.A
    • Air Products and Chemicals Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

U.S. industrial gas regulator market is expected to reach US$ 4,163.5 Bn by 2030.
The market is expected to witness a CAGR of 4.8% during the forecast period (2022-2030).
Security concerns regarding data for CCM software is one of the major factors that is expected to hamper growth of the market over the forecast period.
By Gas Type, the Inert segment held the largest market share among the product type in 2021
Key players operating in the GCE Group, Emerson Electric Co., Itron, Inc., The Linde Group, Rotarex S.A., Air Liquide S.A., Honeywell Process Solutions, Praxair Technology, Inc., Cavagna Group S.p.A, and Air Products and Chemicals Inc.

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