As 2019 winds down it is time to reflect on what has gone on in the world of gases, as well as taking a look forward to the state of the industry tomorrow.
In doing so, we need not look for new products since we in this industry basically sell ‘elements’ – with the exception of specialty gases and products like carbon dioxide, acetylene, propane, carbon monoxide, nitrogen fluoride and a few others. What drives our industry is new applications for those elements our industry produces.
Saying this we have seen a number of new applications come on the scene , get traction and have the initial demand expand due to market growth, such as the semiconductor industry and IoT (Internet of Things) expansions. Add to this the increased demand for a new fuel to replace diesel, gasoline and CNG – I have to say, the use of hydrogen in all forms of vehicle fuelling is one of the bigger bright spots I’ve seen in my tenure with the industrial gases business.
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