Market Size and Growth Trends - The Chinese standard gas market is projected to reach 17.6 billion yuan in 2024, an increase of 1.44 billion yuan from 2022, with a compound annual growth rate (CAGR) of approximately 4.3% over two years, indicating stable growth momentum [1][5] - The global standard mixed gas market is expected to reach approximately 813 million USD in 2024, with a forecast to grow to 1.272 billion USD by 2031, reflecting a CAGR of 6.6% from 2025 to 2031 [1][5] - The calibration specialty gas segment is anticipated to achieve global sales of 651 million USD in 2024, increasing to 883 million USD by 2031, with a CAGR of 4.6% [1][5] Future Growth Potential - The Chinese market size reached 150 billion yuan in 2023 and is expected to exceed 300 billion yuan by 2030, with a CAGR of over 10% from 2023 to 2030, driven primarily by industrial gas demand [2] - Chemical processing and refining are projected to account for 20% of the industrial gas market share in 2024, while emerging sectors like food and beverage processing are expected to grow at a CAGR of 5.22% by 2030 [2] Market Competition Landscape - The Chinese standard gas market features a dual competitive landscape dominated by international oligopolies and the rapid rise of domestic companies [6] - Major international players include Linde, Air Liquide, Air Products, Messer Group, and Taiyo Nippon Sanso, which hold a significant market share due to their technological advantages and global networks [6] - Domestic companies leverage policy support and cost advantages to gain market share, with firms like Dalian Datong Gas and Huate Gas expanding their presence through innovation and local production [7] Product Structure and Market Segmentation - The standard gas industry exhibits a two-dimensional segmentation based on product type and application area, with standard mixed gases at its core [8] - High-purity gases and electronic specialty gases are in high demand in advanced manufacturing sectors due to stringent purity requirements [8] Regional Market Distribution - The Asia-Pacific region is identified as a key growth engine, accounting for 43% of the industrial gas market in 2024, with a projected CAGR of 5.14% from 2025 to 2030 [10] - China is expected to contribute significantly to the global market, with its share projected to reach 30% by 2030 [10][15] Policy and Industry Drivers - Policies significantly influence the standard gas market, particularly in the environmental and semiconductor sectors, with the "dual carbon" strategy driving demand for calibration gases at a growth rate of 12% [13] - The semiconductor sector is also seeing accelerated growth due to domestic policies aimed at technological breakthroughs and import substitution [13] Key Data Indicators - The global industrial gas market, including standard gases, is expected to reach nearly 500 billion USD by 2030, with China's market projected to exceed 300 billion yuan [18] - The core growth drivers include the domestic semiconductor industry and the increasing demand for environmental monitoring gases [18]