APAC Gas Pressure Regulators Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (APAC)

Description

The gas pressure regulators market in the Asia-Pacific (APAC) region is poised for substantial growth, with its value projected to increase from USD 2.70 billion in 2024 to USD 4.2 billion by 2031, reflecting a CAGR of 6.00%. The market is set to experience notable expansion, with projections suggesting a significant increase in its valuation in the near future.

Market Overview and Growth Outlook

The APAC gas pressure regulators market is anticipated to see substantial growth, supported by increasing needs for advanced gas pressure regulating systems and accelerated industrial activities in the region. Analysts forecast a steady growth rate, highlighting the market's positive trajectory.

Key Growth Drivers

Several factors are contributing to the market's expansion. The industrial sector's need for sophisticated gas regulators-covering various pressure ranges-is a major driver, as these regulators enhance reliability, performance, and efficiency in industrial operations. Additionally, the medical and oil & gas sectors are major contributors to the rising demand for these regulators.

The rapid industrialization and growing population in developing APAC countries are also boosting the construction sector, creating new opportunities for gas pressure regulator manufacturers as fuel and natural gas demands increase.

Regional Insights and Market Leadership

The ASEAN region is expected to lead the market in revenue terms, thanks to its well-established oil & gas sector. Indonesia, in particular, is projected to play a significant role due to its expanding industrial and energy needs.

ASEAN countries are likely to dominate the market, driven by increasing oil & gas demands and ongoing construction projects. The presence of major oil & gas companies and rising energy needs across the region are key factors supporting this growth.

Segment Analysis: Types and Applications

Double-stage gas pressure regulators are becoming increasingly popular due to their versatility in handling varying flow rates and inlet pressures. These regulators are expected to hold a significant market share, fueled by ongoing construction and industrial activities.

The oil & gas sector is anticipated to be the leading contributor to revenue for gas pressure regulator manufacturers. The extensive use of gas regulators in industrial settings, such as furnaces and manufacturing plants, underscores the sector's crucial role in market growth. Investments in both upstream and downstream oil & gas operations are expected to further drive demand.

COVID-19 Impact and Market Recovery

The COVID-19 pandemic had a notable impact on the market, causing disruptions in production and transportation due to lockdowns and restrictions. This led to a temporary decline in industrial and automotive product sales, affecting the demand for gas pressure regulators. However, as economic activities resume and industrial sectors recover, the market is expected to rebound and continue its growth trajectory.

Opportunities for Market Participants

The rise of online sales channels presents a significant opportunity for market players. The convenience of online platforms is driving consumers to prefer digital purchases for parts and accessories. Original Equipment Manufacturers (OEMs) and wholesalers are increasingly focusing on enhancing their online presence to cater to this growing demand for digital transactions.

Competitive Analysis

Linde plc
Honeywell International Inc.
Air Liquide SA
Xylem
Emerson Electric Co. & Subsidiaries
Rotarex S.A.
Colfax Corporation
Air Products and Chemicals Inc.
Lincoln Electric Holdings Inc.
Messer Cutting Systems
Itron Inc.
Watts Water Technologies Inc.
Cavagna Group
Starex Welding and Cutting Technologies

Gas Pressure Regulators Industry Research by Category

Gas Pressure Regulators Market by Product Form:

Single-Stage Gas Pressure Regulators
Double-Stage Gas Pressure Regulators

Gas Pressure Regulators Market by Gas Type:

Gas Pressure Regulators for Toxic Gases
Gas Pressure Regulators for Corrosive Gases
Gas Pressure Regulators for Inert Gases
Gas Pressure Regulators for Fuel Gases
Others

Gas Pressure Regulators Market by Application:

Oil & Gas
Medical
Automotive
Manufacturing
Residential & Commercial
Mining
Water Treatment
Others

Gas Pressure Regulators Market by Country:

India Gas Pressure Regulators Market
China Gas Pressure Regulators Market
Japan Gas Pressure Regulators Market
South Korea Gas Pressure Regulators Market
ASEAN Gas Pressure Regulators Market
Australia & New Zealand Gas Pressure Regulators Market

1. Executive Summary

1.1. APAC Gas Pressure Regulators Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019 - 2023

3.1. APAC Average Price Analysis, by Gas Type/Product Form, US$ Per Units, 2019 - 2023
3.2. Prominent Factor Affecting AnZ Automotive Battery Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit

4. Asia Pacific AnZ Automotive Battery Market Outlook, 2019 - 2031

4.1. Asia Pacific AnZ Automotive Battery Market Outlook, by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Single-Stage Gas Pressure Regulators
  - 4.1.1.2. Double-Stage Gas Pressure Regulators
4.2. Asia Pacific AnZ Automotive Battery Market Outlook, by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Gas Pressure Regulators for Toxic Gases
  - 4.2.1.2. Gas Pressure Regulators for Corrosive Gases
  - 4.2.1.3. Gas Pressure Regulators for Inert Gases
  - 4.2.1.4. Gas Pressure Regulators for Fuel Gases
  - 4.2.1.5. Others
4.3. Asia Pacific AnZ Automotive Battery Market Outlook, by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Oil & Gas
  - 4.3.1.2. Medical
  - 4.3.1.3. Automotive
  - 4.3.1.4. Manufacturing
  - 4.3.1.5. Residential & Commercial
  - 4.3.1.6. Mining
  - 4.3.1.7. Water Treatment
  - 4.3.1.8. Others
4.4. Asia Pacific AnZ Automotive Battery Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. China AnZ Automotive Battery Market by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.2. China AnZ Automotive Battery Market by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.3. China AnZ Automotive Battery Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.4. Japan AnZ Automotive Battery Market by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.5. Japan AnZ Automotive Battery Market by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.6. Japan AnZ Automotive Battery Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.7. South Korea AnZ Automotive Battery Market by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.8. South Korea AnZ Automotive Battery Market by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.9. South Korea AnZ Automotive Battery Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.10. India AnZ Automotive Battery Market by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.11. India AnZ Automotive Battery Market by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.12. India AnZ Automotive Battery Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.13. Southeast Asia AnZ Automotive Battery Market by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.14. Southeast Asia AnZ Automotive Battery Market by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.15. Southeast Asia AnZ Automotive Battery Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.16. Rest of Asia Pacific AnZ Automotive Battery Market by Product Form, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.17. Rest of Asia Pacific AnZ Automotive Battery Market by Gas Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 4.4.1.18. Rest of Asia Pacific AnZ Automotive Battery Market by Application, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Competitive Landscape

5.1. Product vs Indication Heatmap
5.2. Company Market Share Analysis, 2024
5.3. Competitive Dashboard
5.4. Company Profiles
- 5.4.1. Linde plc
  - 5.4.1.1. Company Overview
  - 5.4.1.2. Product Portfolio
  - 5.4.1.3. Financial Overview
  - 5.4.1.4. Business Strategies and Development
- 5.4.2. Honeywell International Inc
  - 5.4.2.1. Company Overview
  - 5.4.2.2. Product Portfolio
  - 5.4.2.3. Financial Overview
  - 5.4.2.4. Business Strategies and Development
- 5.4.3. Air Liquide SA
  - 5.4.3.1. Company Overview
  - 5.4.3.2. Product Portfolio
  - 5.4.3.3. Financial Overview
  - 5.4.3.4. Business Strategies and Development
- 5.4.4. Xylem
  - 5.4.4.1. Company Overview
  - 5.4.4.2. Product Portfolio
  - 5.4.4.3. Financial Overview
  - 5.4.4.4. Business Strategies and Development
- 5.4.5. Emerson Electric Co. & Subsidiaries
  - 5.4.5.1. Company Overview
  - 5.4.5.2. Product Portfolio
  - 5.4.5.3. Financial Overview
  - 5.4.5.4. Business Strategies and Development
- 5.4.6. Rotarex S.A.
  - 5.4.6.1. Company Overview
  - 5.4.6.2. Product Portfolio
  - 5.4.6.3. Financial Overview
  - 5.4.6.4. Business Strategies and Development
- 5.4.7. Colfax Corporation
  - 5.4.7.1. Company Overview
  - 5.4.7.2. Product Portfolio
  - 5.4.7.3. Financial Overview
  - 5.4.7.4. Business Strategies and Development
- 5.4.8. Air Products and Chemicals Inc.
  - 5.4.8.1. Company Overview
  - 5.4.8.2. Product Portfolio
  - 5.4.8.3. Financial Overview
  - 5.4.8.4. Business Strategies and Development
- 5.4.9. Lincoln Electric Holdings Inc.
  - 5.4.9.1. Company Overview
  - 5.4.9.2. Product Portfolio
  - 5.4.9.3. Financial Overview
  - 5.4.9.4. Business Strategies and Development
- 5.4.10. Messer Cutting Systems
  - 5.4.10.1. Company Overview
  - 5.4.10.2. Product Portfolio
  - 5.4.10.3. Financial Overview
  - 5.4.10.4. Business Strategies and Development
- 5.4.11. Itron Inc.
  - 5.4.11.1. Company Overview
  - 5.4.11.2. Product Portfolio
  - 5.4.11.3. Financial Overview
  - 5.4.11.4. Business Strategies and Development
- 5.4.12. Watts Water Technologies Inc.
  - 5.4.12.1. Company Overview
  - 5.4.12.2. Product Portfolio
  - 5.4.12.3. Financial Overview
  - 5.4.12.4. Business Strategies and Development
- 5.4.13. Cavagna Group
  - 5.4.13.1. Company Overview
  - 5.4.13.2. Product Portfolio
  - 5.4.13.3. Financial Overview
  - 5.4.13.4. Business Strategies and Development
- 5.4.14. Starex Welding and Cutting Technologies
  - 5.4.14.1. Company Overview
  - 5.4.14.2. Product Portfolio
  - 5.4.14.3. Financial Overview
  - 5.4.14.4. Business Strategies and Development

6. Appendix

6.1. Research Methodology
6.2. Report Assumptions
6.3. Acronyms and Abbreviations